Agents storm TikTok with flood of complaints after NAR settlement

Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them. Continue reading

Average homes sell above asking price for first time since last year

The average sale price nationwide just exceeded 100% of list price for the first time since August of last year, according to a new market report from Redfin released on Thursday. Continue reading

The chatbot revolution has begun. Here’s what agents need to know

Tools such as ChatGPT and Bard are brand new but already revolutionizing online content and the real estate industry. Scroll through Inman’s latest handbook to get the lowdown. Continue reading

Falling list prices hit pandemic hot spots hardest, new Redfin study says

Nationally, more than 15 percent of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt Lake City seeing the greatest share of cuts. Continue reading

Homebuyers ‘win with cash’ as Homeward launches in West Coast

The company, which provides cash backing to homebuyers, will now operate in both Oregon and Washington, bringing the total number of states in which Homeward operates to seven. Continue reading

Portland is losing rentals. Realtors say rent control may be to blame

A new study found Portland lost 14 percent of its single-family rental stock in recent years following adoption of tenant protection laws. Continue reading

Half of younger Americans would take pay cuts for cheaper locations

A new report from Coldwell Banker indicates the so-called Great Resignation is impacting consumers’ attitudes about housing. Continue reading

Next year to be a ‘mixed bag’ for real estate: realtor.com report

Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging. Continue reading

Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading

Percentage of all-cash home purchases in US soars to 30%

That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading