Pending home sales take a hit in September: NAR

Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said. Continue reading

Realogy’s Q3 earnings defy expectations with $2.2B in revenue

Realogy reported a revenue increase of 15 percent year over year while recording a net income of $114 million, it was announced Thursday. Continue reading

The 4 biggest real estate trends to bet on in 2022

Clelia Peters and Homeward CEO Tim Heyl shared with the Inman Connect audience the industry trends every real estate professional should be following. Continue reading

RE/MAX, KW chiefs: Prepare now for a changing market

Agents need to decide if they want to be a “tech-enabled fiduciary” or an “Uber driver who opens doors,” according to Keller Williams President Marc King. Continue reading

China considers something new — mandating a national property tax

The nation remains one of the few world powers without widespread taxes on real estate values. But that could soon change. Continue reading

CoStar CEO likens Zillow’s StreetEasy to blackmail

Andy Florance on Tuesday positioned his company’s upcoming New York City portal as an alternative to Zillow-owned StreetEasy. Continue reading

Yes, the housing market will cool in 2022 — here’s why

One of the primary reasons for a turndown, according to Ivy Zelman, who spoke at Inman Connect Las Vegas, is the current situation’s lack of sustainability. Continue reading

CoStar revenue rises to new heights in latest earnings report

The company pulled in $499 million in revenue during the third quarter of this year. That’s a 17 percent jump compared to last year at the same time. Continue reading

Why now is the time to prepare for a market cool down

Inman Connect speakers offer tips on how to prepare for the unexpected at a time when everybody is still focusing on rising home prices. Continue reading

New home sales beat expectations as prices climb to historic record

Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800. Continue reading