‘The gate is beginning to open’: Big inflation drop may aid homebuyers

The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers’ budgets — and their financing, according to new data from the U.S. Bureau of Labor Statistics. Continue reading

Refis ramp up as rates fall to 6.28% — but homebuyers stay on the fence

Requests to refinance accounted for 31 percent of all loan applications last week, well below the past decade’s average of 58 percent. Continue reading

Anywhere lays off more workers, announces end of RealSure iBuyer

The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading

This is where it takes the longest amount of time to save up for a home

In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years. Continue reading

Show your agents love — and build their businesses

If you want your team to come out of winter ready for the spring market, you need to create a support system that fosters momentum, writes trainer Rachael Hite. Help your team and show them appreciation with tools that capture business, not just empty … Continue reading

EXp founder Glenn Sanford speaks out on ‘lull’ in agent count growth

EXp World Holdings founder Glenn Sanford said the tumultuous housing market was a factor in him stepping back into the role of CEO at eXp Realty, and the firm’s sluggish agent count growth. Continue reading

Homebuyer sentiment ticks up again on signs of market top

More consumers are coming around to economists’ views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae. Continue reading

5 myths (you may believe) about affordable housing

Think you know the facts about affordable housing? Think again. Missy Yost debunks five common misconceptions around affordable housing and shares ideas to help you get involved in your local community. Continue reading

Pending home sales fall to lowest level since 2015, new data shows

Pending home sales dropped 32 percent annually during the four-week period ending Jan. 1, with the biggest drop-offs recorded in markets that took off during the pandemic, according to Redfin. Continue reading