Demand for vacation homes slips below pre-pandemic levels

Mortgage locks for second homes fell 4 percent from pre-pandemic levels in May as mortgage rates rose to nearly 6 percent and the housing market continued to cool, according to data issued Friday by Redfin. Continue reading

Uncertainty in real estate is inevitable. Use these tips to keep pushing ahead

Drown out the noise, and remain focused on service and networking, advises Christine Carr. If you do, periods of uncertainty can become less of a roadblock and more of an opportunity. Continue reading

Discrimination stops 40% of trans buyers from buying dream home

Although the LGBTQ community has experienced several federal victories over the past two years, Realtor.com’s latest survey with the LGBTQ Real Estate Alliance reveals LGBTQ consumers — especially transgender buyers and renters — are still on the outsk… Continue reading

Owning becomes more expensive than renting as rates, prices surge

Homeownership is 31 percent more expensive than renting, nationally. With demand shifting and the market for home purchases cooling, homebuilders now court investors, a report notes. Continue reading

Agents: Beware the pessimists predicting crash as market shifts

Real estate agents can keep clients informed about a changing market without buying into doomsday proclamations, three top brokers argued on Thursday at Inman Connect Now. Continue reading

What these eerie parallels to the past 4 real estate market crashes may foreshadow

Looking at the history of the last four market downturns indicates turbulent times may be ahead, according to coach and author Bernice Ross. The best agents and brokers will start preparing now. Continue reading

Crisis management: Are you a peacetime or a wartime leader?

Some leaders are wired for crisis while others are more focused on building the culture of their company. Team leader Adam Hergenrother looks at how the natural leadership styles of peacetime and wartime leaders differ and how they are suited to differ… Continue reading

Demand rebounds as mortgage rates retreat from 2022 peak

Purchase mortgage applications are still down 10% from a year ago, with mortgage rates nearly doubling in the last 12 months, according to a survey by the Mortgage Bankers Association. Continue reading

Real estate companies are actually not laying off staff right and left

Recent headlines have been filled with news of layoffs, but look closer, writes author and executive Joe Rand. The companies where layoffs are occurring are wholly unrepresentative of the real estate industry and don’t represent a major trend. Continue reading

The housing outlook is good, but affordability is a growing problem

Harvard’s Joint Center for Housing Studies report, published Wednesday, dives into economic factors shaping current homebuying and renting landscapes. Continue reading