Hybrid work, shifts to affordable cities likely to be long-term trends

As many as 60 percent of companies may consider a mix of remote and in-office work, which would have major implications for the housing market, panelists said during a session of the Urban Land Institute’s virtual Spring Meeting conference. Continue reading

Bitcoin house in San Francisco to auction 75-year NFT leases

San Francisco-based startup co-living space 20Mission will launch the first-ever auction of spaces as non-fungible tokens starting on May 5th, the company announced on Thursday. Continue reading

Inman Handbook on comps in these chaotic times

Agents’ expertise has long relied on studying and understanding sales patterns in their markets. But with little inventory and soaring prices, patterns are hard to find. Continue reading

Rents see national growth after 8-month stretch of declines

The US median rent increased 1.1 percent year over year in March after 8 consecutive months of declines, according to a new report from realtor.com released on Tuesday. Continue reading

Inventory insanity: Notes from ‘exhausted’ agents on the front lines of a crazy market

“There is no middle class any more,” one industry leader said of working in real estate this year. “You’re either crushing it or you’re struggling.” Continue reading

Rents rise in suburban and rural areas, remain flat in urban centers

Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines Continue reading

America’s hottest neighborhoods: Oak Park in Sacramento, California

Oak Park is well located, filled with trendy shops and more affordable than many other amenity-rich neighborhoods in California. Continue reading

Bay Area indie Sereno Group merges with Dwell Realtors

The combined company will have nearly 600 agents spread out across much of Northern California. Continue reading

February sees record new bookings for short-term rentals: AirDNA

While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA. Continue reading

Zillow seeing rising web traffic, growing consumer interest

Traffic to listings on Zillow plummeted in the first weeks of the pandemic. But it has since rebounded, suggesting more consumers might be ready to buy and sell homes. Continue reading