Weak demand drives up share of homesellers cutting prices

The typical home sold for 0.3 percent less than the original asking price in the past month, according to a new report from Redfin. Continue reading

Essential workers sacrifice space and home age to afford their rent: Zillow

Millions of renters throughout the U.S. are often forced to choose smaller and older homes to afford their rent, according to a recent report from Zillow. Continue reading

What on earth is going on with lumber prices?

Even though lumber prices have ticked down a bit recently, they’re still drastically up from where they were last year. So, what’s happening? Here’s a breakdown. Continue reading

Timber may soon follow lumber in upward price trend

Pandemic-fueled housing demand is finally beginning to catch up with years of oversupply in the timber industry that resulted from the 2008 financial crisis. Continue reading

Agent/broker perspective: How can broker’s resolve frustrations over uneven commission splits?

Each month Anthony Askowitz explores a hypothetical real estate situation from both sides of the broker/agent dynamic. This time: A buyer’s agent is upset about listing agents demanding a larger piece of the sales commission. How should her broker react? Continue reading

C.A.R. President on housing crisis: ‘Our state’s future is on the line’

California Association of Realtors President Jeanne Radsick believes 2020 is the time for her state to pass pro-housing legislation. Continue reading