Agent Outlook: It’s harder than ever to get into the real estate market

This will go down as one of the most challenging years for non-owners who would like to enter the market to begin building equity. Livian’s Eric Forney offers insight and analysis as you navigate the challenges ahead. Continue reading

Existing-home sales drop for 8th straight month in September

Existing-home sales sagged 1.5 percent to a seasonally adjusted annual rate of 4.71 million, 23.8 percent lower than in Sept. 2021, according to data released Thursday by the National Association of Realtors. Continue reading

NYC real estate commissions are all over the map: Consumer watchdog

In a report on Wednesday, the Consumer Federation of America found the median commissions listing agents offered to buyer agents ranged from 1 percent in parts of Brooklyn to 3 percent in Manhattan. Continue reading

3 tips for becoming a top real estate producer — even in a downturn

Hazel Shakur and Adam Hergenrother argued during a Wednesday session of Inman Connect that real estate agents can thrive even in a shifting market. Continue reading

Following slow September, single-family housing starts plunge 18%

Single-family projects took yet another beating in September, declining nearly 5 percent from the previous month and 18 percent year over year, according to data released Wednesday from the U.S. Census Bureau. Continue reading

Mortgage demand hits lowest level since 1997 as rates continue to rise

Thirty-year, fixed-rate loans hit 6.982 percent on Oct. 13, a new 2022 high, according to an Optimal Blue Mortgage Market index. According to an index by Mortgage News Daily, rates were at 7.15 percent. Continue reading

14 ways to sidestep market drama and get back to business

Save the drama for your mama when you put these practical strategies to work. Coaches Tim and Julie Harris help you navigate the uncertainties of the current market so that you can feel better about your business. Continue reading

CredEvolv coaches homebuyers to help them qualify for mortgages

Integration with Freddie Mac’s HomeCoach tool lets housing counselors access automated underwriting tools used by mortgage lenders. Continue reading

Square footage in suburban homes now worth more than in cities

The typical home in a suburban neighborhood was worth $206 per square foot during the four weeks ending Sept. 25, just above the typical urban home which was worth $205 per square foot, according to Redfin. Continue reading

Homebuilders suspect demand for new homes will fall even further

With sales already slipping off highs from earlier in the pandemic, a survey of builders released Tuesday by the National Association of Home Builders suggests the bleeding may have just begun. Continue reading