Record down payments reveal a divided housing market

According to a new report from Realtor.com, the national average down payment hit 14.4 percent and $30,250 in the fourth quarter. Continue reading

Opendoor, Fathom stocks flirt with $1 threshold — and with disaster

Companies that can’t keep their shares over $1 risk being delisted from the stock market. Opendoor shares crossed that threshold this week, while Fathom crossed it last month. Continue reading

The internet fell hard for real estate in 2021. But can the love affair last?

Nearly three years after Saturday Night Live declared “real estate is your sex now” in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data. Continue reading

Successful agents show up, Robert Reffkin says in remote-work rebuke

During an Inman Connect panel on Wednesday, Compass’ CEO argued the brokerage’s in-person philosophy gives it an advantage over rival firms “charging the least and giving you the least.” Continue reading

Los Angeles apartment owners sue over COVID rent freeze

The suit from the Apartment Association of Greater Los Angeles argues that the city’s rent freeze rule robs property owners of income and due process. Continue reading

Demand for urban homes will be ‘muted’ for years: McKinsey

Consulting firm McKinsey & Company has found that pandemic-induced hybrid work is here to stay, for better or worse, ensuring permanent consequences for real estate agents in larger cities. Continue reading

Chris Heller: Brokerages and teams are playing chicken. Who will win?

The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity. Continue reading

Will migration fizzle out in 2023? History points to existential shift

The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of historic data. Continue reading

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading