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

Climate change reshapes real estate, putting $1.5T in value at risk

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases. Continue reading

Trump signs water order in California, seeks to add conditions

The president signed an executive order instructing the U.S. Bureau of Reclamation to direct more water through the Central Valley Project and potentially withhold federal aid if the state didn’t comply. Continue reading

Historic wildfires will undeniably exacerbate LA’s housing shortage

Rents are expected to “surge,” according to CoreLogic Chief Economist Dr. Selma Hepp. Just how much of a housing shortage the county will face remains to be seen as families decide over the next few months whether they will even stay in LA. Continue reading

RE/MAX President Amy Lessinger announces resignation

Lessinger’s departure comes less than a year after she assumed the role of president. It also comes after RE/MAX has struggled with financial results in recent quarters. Continue reading

QUIZ: Which Inman newsletter is right for you?

Discover which Inman newsletter fits your real estate style with our quick quiz. From actionable tips to breaking news, find your perfect match — or subscribe to more than one. Continue reading

Sexual harassment claims against NAR may not be settled just yet

Last week at Connect, Brad Inman dropped the biggest bombshell of the conference when he told a rapt audience about a text message he’d received involving The New York Times, Bernice Ross writes. Continue reading

Sotheby’s unveils new brand ad campaign for post-pandemic era

“Nothing Compares to What’s Next,” developed with global experience design agency Huge, builds on the firm’s 2021 campaign, positioning clients for a hopeful new chapter in their lives working with a Sotheby’s agent. Continue reading

Chinese real estate crash sparks mortgage boycotts

In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay. Continue reading

Want a cheap house for Christmas? Head to Santa Claus

Finding hope through the pandemic’s darkness has looked different for everyone. For some, that’s meant seeking out the spirit of Christmas in places where it lives on the whole year through, like in Santa Claus, Indiana, which has led to a mini real es… Continue reading