Carrington grudgingly signs off on $5.25M COVID-19 relief settlement

CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren’t fully informed of their options. Continue reading

Lumber prices see stable week after falling to normal levels

Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing. Continue reading

Not just a coastal thing: 7 inland cities most altered by remote work

Some cities have seen work-from-home policies persist well beyond the pandemic’s first year. See the places most transformed by remote work, according to the Economic Innovation Group. Continue reading

No retailer captured the dream of ‘home’ quite like Bed Bath & Beyond

The home goods retailer was not only a store that had everything a person might want for a home, but it symbolized the very American dream of homeownership. Today it’s fighting for survival. Continue reading

In earnings twist, most real estate companies avoided the worst in Q2

Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin. Continue reading

Redfin CEO: Market correction is ‘sharper’, ‘faster’ than expected

Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading

Is the ‘Great Reshuffling’ about to go in reverse? Not yet, these agents say

The coronavirus pandemic allowed multitudes of people to move away from big coastal cities. A group of luxury real estate leaders at Inman Luxury Connect weighed in on how that trend is progressing. Continue reading

Does a jump in demand fully explain the pandemic housing market?

A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading

Remote work’s impact on real estate will linger — possibly forever

The CEO of IBM, which employs hundreds of thousands of people, recently described remote work as “the new normal.” And that translates to permanent changes to the housing market. Continue reading

The shifting market will slow prices down — but won’t stop them cold

The market is reaching a turning point in which price reductions are more common. But that doesn’t mean homes can’t still appreciate in value. Continue reading