Tag Archives: Markets & Economy

Miami’s most expensive home sells for $50M

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The most expensive home in Miami sold for $50 million this week, shattering records in the city. The home boasts more than 20,000 feet and views of the bay. Continue reading →

Should Amazon buy Redfin?

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Amazon is already dabbling in real estate and has hinted it may have bigger plans, but this week one analyst floated a way the company could take the plunge and become a major force in the sector: Buy online brokerage Redfin. Continue reading →

In December, home prices rose — but at slowest pace since 2012

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In December, home prices grew at their slowest pace since 2012, according to a CoreLogic Home Price Index and Forecast report released Tuesday. Continue reading →

Student debt isn’t the only thing holding buyers back

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Student debt isn’t the only thing holding back home sales, which reached a six-year low in December and have been on a steady decline since 2004. Continue reading →

Bain Capital execs: iBuyers are foes of brokers and homebuyers

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Merritt Hummer, a principal at Bain who spoke with Harris and during a second Inman Connect session Friday, also painted iBuyers as antagonists to consumers themselves. Continue reading →

Gen Z should start saving now to afford a home by 2031

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The average Gen-Zer will need to save $304 per month for the next 12 years to afford a 10 percent down payment and closing costs for a median-priced home ($386,310) by the time they’re 30. Continue reading →

Generation Z trusts agents more than the internet for home buying

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At the Inman Connect New York 2019 real estate conference on Wednesday, a panel consisting of 20-something members of “Generation Z” stressed that although they believe technology is important, it’s not the only integral aspect of buying a home. Continue reading →

Sotheby’s International Realty snags 40-year Pacific Union vet

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Sotheby’s International Realty on Monday announced the addition of 40-year luxury real estate veteran and former Pacific Union senior broker Steve Gothelf to its 136-agent San Francisco office. Continue reading →

Want to start buying investment properties? Than get creative

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Want to be a property owner? Think way outside the box, a panel of real estate investors told attendees Wednesday at Inman Connect New York. Continue reading →