Despite market shift toward buyers, they’re still backing away

Spring typically brings new energy to this housing market, but this year, the momentum is stalling. A flood of sellers has hit the market, but buyers are remaining on the sidelines, new data from Redfin shows. Continue reading

US inventory exceeds 1M homes for first time in 6 years

Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels. Continue reading

HUD and the FHFA are changing. Here’s everything you need to know

Workforce cuts, the rescission of Fair Housing initiatives and COVID assistance, and multiple pathways for Fannie Mae and Freddie Mac are all under discussion at the federal housing agencies. Continue reading

Dip in mortgage rates doesn’t do much to excite homebuyers

While purchase loan demand was still up 18 percent last week from a year ago, some of that demand may not translate into sales, with Redfin reporting an unusual bump in cancelled purchase contracts. Continue reading

10 unexpected places to find your next top producer 

The best agents don’t always come from traditional backgrounds, coach Verl Workman writes. Sometimes, the ideal candidate is already excelling in a different industry, just waiting for the right opportunity. Continue reading

Record $700B worth of listings on market, but sales are sluggish

U.S. home inventory hit a record $698 billion in April, a 20.3 percent increase from the previous year. However, sales aren’t keeping pace, a new analysis from Redfin shows. While listings are rising, buyer activity remains muted, leaving many homes si… Continue reading

The power of control: 8 ways to dominate in a challenging market

There are plenty of factors you can’t control in the broader economy, Amy Corr writes, but there are ways to implement more control and consistency in your business. Continue reading

Opendoor hit with Nasdaq notice, skids closer to delisting zone

Opendoor’s stock has spent months in precarious territory and now, the warning siren is blaring. The company has received a notice from Nasdaq after its share price fell below $1 for 30 consecutive business days, triggering compliance concerns, accordi… Continue reading

Douglas Elliman sets sights abroad with international expansion

The luxury brokerage is launching an international division, “Elliman International,” and recruiting agents and teams to establish offices in strategic global markets, Inman has learned exclusively. Continue reading

Listing recovery hits snag near end of spring: Client Pipeline Tracker

Real estate agents reported an unexpected hit to their listing pipelines in May as they navigated an uncertain market and weak spring, according to the latest Inman Intel Index survey results. Continue reading