New-home sales beat expectations in March — by a long shot

The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows. Continue reading

Fair housing is not a checkbox. It’s the heart of our industry

Fair housing is not just about reacting to injustice anymore, LIBOR CEO Doreen Spagnuolo writes. It’s about proactively building a better future. Continue reading

LA agent caught smuggling 164 pounds of cocaine in Chicago

Jerome Nalbandian was caught toting four roller bags stuffed with 164 pounds of suspected cocaine through Chicago’s Union Station. Cook County Circuit Court Judge Deidre Dyer commented, “Wow. That’s a lot.” Continue reading

Concessions surge as homesellers offer sweeter deals in sour markets

In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin. Continue reading

Tariffs to spur ripple effects across real estate, industry leaders warn

Rising construction costs and shifts in foreign investments will result in falling sales as the weight of the tariffs are felt across U.S. housing markets, economists and real estate leaders told Inman. Continue reading

Agents find waning value in the purchase of portal leads: Intel

Nearly 70 percent of agents who have purchased portal leads in the past say they no longer buy them, citing “time and money” needed for maximum ROI, according to the latest Intel Index polling data. Continue reading

Private listings negatively impact both buyers and sellers: Watchdog

Stephen Brobeck, senior fellow at the Consumer Policy Center, examines competing interests and competing policies to determine which will benefit consumers. Continue reading

Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading

Homes are sitting longer and not just because of mortgage rates

According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading

1 in 4 Americans will pause major purchases, like homes, amid tariffs

Tariff threats have left Americans on edge, with 24 percent of U.S. adults saying they’re canceling plans to purchase a home or car due to economic fears, according to Redfin polling data released Thursday. Continue reading