Record down payments reveal a divided housing market

According to a new report from Realtor.com, the national average down payment hit 14.4 percent and $30,250 in the fourth quarter. Continue reading

Home values have surged at 2X the normal rate since pandemic

Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading

Prominent brokerages hire StackWrap to organize tech stacks

StackWrap has signed The Agency Texas and The Align Team of eXp. Additionally, the company aligned with enterprise email marketing company Happy Grasshopper. Continue reading

Homebuyers remain sidelined despite more listing options

Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading

Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Orchard blooms in 2 new markets — Nashville and Phoenix

Orchard customers can choose to “move first” using a buy-before-sell structure or seek a fast cash-offer sales scenario, as well as select a traditional sales process. Continue reading

Authorities arrest missing San Antonio agent’s husband

Real estate agent Suzanne Simpson has been missing since Oct. 7. Olmos Park authorities have arrested her husband, Brad, for obstructing a search of the couple’s home last week. Continue reading

Zillow economist identities 11 cities primed for real estate investors

Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years. Continue reading

What does it cost to live near the country’s biggest landmarks?

In some markets, prime real estate close to one of the nation’s leading destinations can be had for as little as $110,000. Elsewhere, it might cost a homebuyer several millions of dollars to live next to their favorite landmark. Continue reading

Meet Inman’s 2023 ‘Person of the Year’: The Small Broker-Owner

Small brokers may not get as much attention as the big guys, but they make up the majority of the real estate industry’s firms and manage to win David-and-Goliath struggles every day. Continue reading