Universal rent control is here: Will it backfire?

Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Continue reading

Douglas Elliman profits collapse amid slower real estate market

Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading

Pending home sales decline annually for 13th straight month

The National Association of Realtors Pending Homes Sales Index declined 2.3 percent year-over-year in January, the 13th straight month of such declines.   Continue reading

Insurance startup TheGuarantors secures $15M Series B round

Insurance startup TheGuarantors has secured $15 million in Series B funding, executives for the company announced this week. Continue reading

Home prices jumped 5.7% year-over-year at the end of 2018

Home prices jumped 5.7 percent during the final months of 2018 compared to the same period one year prior, with the mountainous states in the western U.S. seeing the strongest growth. Continue reading

Realogy stock craters to all-time low after missing guidance

After reporting less than expected revenue and missing their earnings per share guidance, shares for Realogy cratered today, reaching an all-time low, according to real-time financial data Continue reading

Growth in average home prices sluggish in December: Analysis

Home prices rose 4.7 percent year-over-year in December, falling from 5.1 percent in November, according to the latest Case-Shiller Home Price Index. Continue reading