Crunch the numbers, be the expert: 6 steps for letting your economic prowess lead

Those real estate agents who can provide accurate, up-to-date and meaningful market data — those who put in the work to become true local market experts — can become the “economist of choice” in their region, and as a result, become the agent of choice… Continue reading

Top real estate coach: ‘A recession is too good an opportunity to waste’

Dermot Buffini, CEO of real estate coaching firm Buffini & Company, spoke Wednesday at Inman Connect Las Vegas in a session called, “There is a recession coming, but we’re not participating.” Continue reading

Fannie Mae brings in net income of $4.7B in Q2

Like its sister company, Freddie, Fannie Mae remained profitable in Q2 despite pressure from inflation, rising interest rates and worsening affordability, according to earnings released Friday. Continue reading

The 10 housing markets primed to pop during a recession

Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush. Continue reading

Don’t get it twisted: How to untangle the new market conditions and build back

Some agents may be asking themselves if they can stomach another recession, while others are cheering it on. Before you get too far ahead of yourself, make sure your mindset isn’t twisted by taking these three steps. Continue reading

Affordable where? Fed efforts to cool the market still don’t create affordable housing

Although the Fed’s move to calm the market is a step in the right direction, it may not ultimately have much effect on affordability. Anthony West outlines the factors that are contributing to ongoing home value increases. Continue reading

Relying on optimism to get you through? 5 critical steps to take instead

Blindly hoping for the market to improve is not the right strategy. Team leader Carl Medford gives us a dose of the medicine your sick pipeline needs to get onto the road to recovery and how to prepare for what’s next. Continue reading

Real estate agents should be ‘chief economists’ for their clients

Armed with knowledge of market trends, agents can earn sellers’ trust and have more leeway to set strategy, top brokers said at Inman Connect Now. Continue reading

Adwerx lays off 40 employees as company slows new initiatives

Digital marketing company Adwerx is the latest company to announce layoffs, with 40 employees losing jobs on Thursday. Adwerx said the layoffs are the result of scaling back on new initiatives. Continue reading

What these eerie parallels to the past 4 real estate market crashes may foreshadow

Looking at the history of the last four market downturns indicates turbulent times may be ahead, according to coach and author Bernice Ross. The best agents and brokers will start preparing now. Continue reading