No, the Washington DC housing market isn’t crashing amid layoffs

A social media frenzy suggested government layoffs are tanking the housing market in the nation’s capital. But economists armed with data tell Inman it’s mostly business as usual in D.C. Continue reading

Mortgage rates in retreat as investors weigh Trump’s approach

After surprise inflation report, Trump administration says the Federal Reserve’s interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies Continue reading

Reffkin knocks NAR, says rules ‘prop up’ inexperienced agents

The Compass CEO said that NAR’s rules have held back top agents and brokerages. But Robert Reffkin also believes that as those rules end, big brokerages like his will pull further ahead. Continue reading

Housing starts decline in January as homebuilder uncertainty rises

Multifamily housing starts fell 9.8 percent, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4 percent month over month, according to data released Wednesday. Continue reading

Gary Keller says agents must accept ‘easy deals’ are dead

At Keller Williams’ annual Family Reunion, franchise co-founder Gary Keller said 2025 won’t be any better than 2024 — but agents can still thrive if they’re willing to dig in and use market headwinds to their advantage. Continue reading

Compass grows revenue and agent count, market share tops 5%

The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025. Continue reading

Fannie Mae and Freddie Mac’s net worths climb past $154B

While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers. Continue reading

Pasadena ADU program offers second shot at affordable housing

To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent. Continue reading

HUD to lay off approximately 4,800 employees under Trump plan

The U.S. Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday. Continue reading

New Jersey home sells for $620K over asking price in bidding war

The 2,385-square-foot home, set on 1.1 acres, may not look like a luxury property at first glance, but its soaring sale price tells a different story. The estate, located at 284 Forest Drive South, hit the market on Dec. 13 for $1.1 million and went un… Continue reading