Redfin CEO: Market correction is ‘sharper’, ‘faster’ than expected

Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading

Will lower mortgage rates revive homebuyer demand?

The largest weekly decline in mortgage rates since 2020 sparks increase in home loan applications after four weeks of declining demand, MBA’s survey says. Continue reading

Are you geared up for a down market? 

If you haven’t experienced a buyer’s market before, everything you know about selling real estate is about to be turned upside down. Trainer Bernice Ross is here with the strategies that have helped her successfully weather multiple downturns. Continue reading

Is the ‘Great Reshuffling’ about to go in reverse? Not yet, these agents say

The coronavirus pandemic allowed multitudes of people to move away from big coastal cities. A group of luxury real estate leaders at Inman Luxury Connect weighed in on how that trend is progressing. Continue reading

Home sales should be falling but not this fast. Here are 3 things to watch

Homebuying power has been in decline, but the market fundamentals remain as strong as they were in 2019. Here is some advice from First American Chief Economist Mark Fleming. Continue reading

These are the 10 states where homes are taking the longest to sell

Homes in New York state take an average of 130 days to both get an offer and then close a deal. That’s longer than anywhere else in the U.S., according to a new study from online bank Tangerine.ca. Continue reading

Home prices down from peaks in quarter of nation’s top 50 markets

Falling sales are driving inventory growth, bit it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight’s latest monthly Mortgage Monitor Report. Continue reading

A pivotal earning season is beginning. Here’s what to know

Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas. Continue reading