Demand for vacation homes plummeted in 2023
United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022. Continue reading
United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022. Continue reading
Phoenix-based MEB Management Services and St. Petersburg, Florida-based Weller Management announced their merger on Monday. Continue reading
Some think the National Association of Realtors’ $418 million settlement will prompt more homebuyers to transact without agents. Inman asked industry professionals how they’ll handle that situation. Continue reading
Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years. Continue reading
Michael Rodriguez, director of research at Smart Growth America, said that people have been building utopias for millennia, but the best cities are the ones that gradually evolve over time. Continue reading
Real estate agents recently revealed to Inman the most unexpected reasons they’ve lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui. Continue reading
Less than a year after becoming publicly available, tools like ChatGPT and DALL-E have inspired brokers to explore — and integrate — artificial intelligence, a rigorous process of trial and error, they told Intel. Continue reading
The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher. Continue reading
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt. Continue reading
The expansion is part of Zillow’s “enhanced markets” program, which is now in six cities and part of the company’s efforts to eventually build a real estate “super app.” Continue reading