The median Realtor income declined in 2020, new survey says

The record number of homes sold in 2020 didn’t necessarily translate into higher wages for most Realtors, with the median gross income falling $6,000 from the year before. Continue reading

Nearly half of US homes are selling ridiculously fast, less than a week

In April, 47 percent of homes for sale in the U.S. went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas. Continue reading

Hybrid work, shifts to affordable cities likely to be long-term trends

As many as 60 percent of companies may consider a mix of remote and in-office work, which would have major implications for the housing market, panelists said during a session of the Urban Land Institute’s virtual Spring Meeting conference. Continue reading

Why are real estate company share prices falling, despite good news?

Many real estate companies have reported stronger-than-expected earnings in recent weeks, but their share prices keep dropping. Continue reading

Sellers absolutely have the upper hand in this housing market: Survey

In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae’s latest survey of home purchase sentiment. Continue reading

Bubble trouble: 4 stats that’ll give you hope (and 4 that won’t)

There are signs of trouble, but vaccinations are up, spending on home construction is up, and overall, there’s reason to believe the market will improve. Continue reading

Costar revenue jumps 17% with help from new addition Homesnap

The company raked in $458 million during the first quarter of the year. It also said that Homesnap, which is bought in 2020, performed well. Continue reading

Keller Williams expands into Albania and Mongolia

The two new franchises will open offices in the third quarter of this year, and are part of Keller Williams’ continued expansion across the globe. Continue reading

Surge in remodeling should last through next year

Stimulus money and home value appreciation are pushing more people to invest in their houses. They’re increasingly turning to professionals as well. Continue reading

10 pandemic-tested truths about homebuying

Multiple offers, super-low inventory, skyrocketing values and lots of competition from cash buyers have made the current real estate climate both a blessing and a curse. Through that, a few real estate concepts were put to the test. Here’s what lasted. Continue reading