Overlooked inventory: 6 ways to find that diamond in the rough

Inventory can be found anywhere — agents just have to get creative and put a little legwork into unearthing it. Continue reading

Pending-home sales take 4.4% hit in April

In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5 percent from March to April. Continue reading

Mortgage lending standards ease for refinances

Mortgage lenders continued to ease underwriting standards in April, but only for borrowers who were refinancing. For both homebuyers and homeowners seeking to refinance, credit still remains tighter than before the pandemic, which helped pushed average… Continue reading

A national home value downturn isn’t in our future. Here’s why

Windermere Chief Economist Matthew Gardner dives deeper into the timeline of events that led to the 2007 crash, comparing then and now. Here’s why he speculates there’s no real reason to expect a widespread, systematic decline in home prices in the for… Continue reading

The New Normal: What if agent pay was more than just commissions?

Commissions are still king, but more and more agents are looking for alternative revenue streams in the form of stocks and profit sharing. Dive into Part 3 of Inman’s New Normal series. Continue reading

Glenn Kelman shares 14 reasons the market is so ‘bizarre’ now

The Redfin CEO’s latest Twitter thread reveals how far buyers are willing to go to win a home, including offering to name their child after a seller. Continue reading

US home prices soared in Q1 thanks to housing shortage, mortgage rates

Boise, Idaho, experienced the steepest price hikes in the country at 28.2 percent, according to the Federal Housing Finance Agency House Price Index released Tuesday. Continue reading

After stellar March, new-home sales reverse course, dip 6% in April

The decline follows a record month for new-home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau. Continue reading

Home prices skyrocketed in March, notching biggest gain since 2005

Home prices rose 13.2 percent, according to the latest S&P/Case-Shiller US National Home Price Index, released Tuesday. Continue reading