The report beat analyst expectations by 37,000 jobs, curtailing hopes of a short-term rate cut in September. Several economists say mortgage rates will likely stay elevated and keep homebuyers on the sidelines. Continue reading
Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with metros in the South and on the West Coast seeing active inventory double compared to 2019. Continue reading
The nation’s largest real estate portal began enforcing its ban on private listings on Monday, 10 weeks after announcing its new standards. Here’s what you need to know now. Continue reading
The urban-suburban divide that helped define the housing market’s early pandemic boom has continued to shape its downturn and inventory rebalancing, according to an Intel analysis of hyperlocal data. Continue reading
The two laws provide more generous timelines for condo associations and potential homebuyers on inspections and the reviewing of documents, among other measures, which should ease assessments that can negatively impact homeowners and buyers. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
Windermere Economist Jeff Tucker looks at recent economic indicators, including some surprising upside despite a disappointing spring market. Continue reading
Team leader Carl Medford writes that Zillow’s brokerage license and algorithmic pricing suggestions could be setting it up for a legal showdown that threatens its entire business model. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
The progress came even as competition for listings cooled across the country. Inman breaks down how the industry navigated the spring homebuyer season using insights powered by Market View. Continue reading