Demand soars for high-end homes
The number of sales involving higher-end homes rose by 26 percent year over year, outpacing the less expensive end of the market. Continue reading
The number of sales involving higher-end homes rose by 26 percent year over year, outpacing the less expensive end of the market. Continue reading
“There is a tremendous shortage of inventory, and I think it’s the only thing holding us back,” the founder of The Agency told Inman leading up to Inman Connect this month. Continue reading
After adjusting for seasonal patterns, requests for purchase loans were down 3 percent from the week before, and 2 percent from a year ago. Continue reading
New-home sales illuminate the health of the market and where it might be heading in the near-term. As agents grapple with tight inventory, they’ll want to keep an eye on the data. Continue reading
Home prices continue to soar all over the United States, seeing double-digit annual growth for the third month in a row. Continue reading
Residential construction spending continued to grow in April, rising 1.3 percent month over month for new single-family builds, according to a June 1 report from the U.S. Census Bureau. Continue reading
Pending sales data has its limits, but it’s also one of the best ways to try to predict the near-term future of the real estate market. Continue reading
Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60 percent of homes went under contract in two weeks. Continue reading
Post-COVID buyer needs are changing, creating new opportunities for agents who are willing to specialize. What segments stand to gain in the new normal? Dive into Part 5 of Inman’s New Normal series. Continue reading
Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept a lid on long-term interest rates. Continue reading