Tag Archives: Recession

2023 may sink some agents — and that may not be a bad thing

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Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel. Continue reading →

RE/MAX’s keys to success in 2023: Recruitment, mergers, acquisitions

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As the brokerage prepares for a slower market, agent recruitment, finding a permanent RE/MAX Holdings CEO and franchise consolidation are among the issues RE/MAX will face in 2023. Continue reading →

Brokerage executives predict falling profits, economic decline in 2023

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Real estate leaders are pessimistic about the state of the economy, but nevertheless upbeat about their ability to take share in a chaotic market, according to a new survey from Delta Media Group. Continue reading →

Mauricio Umansky: ‘Something exciting happens every time I wake up’

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In advance of his appearance at Inman Connect New York on Jan. 24-26, The Agency’s founder and CEO said he’s always working but finds ways to unwind. Continue reading →

Sink or swim? That’s up to the agents

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Expert John Aaroe is not afraid to ask the hard questions. Brokers need to step up and ensure the survival of the company. How much are they willing to invest to make company culture work to save their business? Continue reading →

Improved mortgage rate outlook could bode well for home sales

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Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to ease. Continue reading →

Prices will fall in 2023. But savings will be negligible due to headwinds

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Home prices could fall by 8 percent, but rising mortgage rates and a “mild recession” will blunt the savings in buyers’ pockets, according to Capital Economics’ new U.S. Housing Market Outlook. Continue reading →

As Fed walks a tightrope, the balance may swing on housing

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Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans. Continue reading →

10 financial ‘don’t’s’ heading into a recession

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Impulse purchases may come back to haunt you when you are presented with an investment opportunity but have no ability to capitalize due to past financial recklessness. Carl Medford offers 10 common sense spending strategies to ensure you’re set up for… Continue reading →