Will migration fizzle out in 2023? History points to existential shift

The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of historic data. Continue reading

West Coast hit hardest as US home prices cool for 7th-straight month

Nineteen cities out of 20 tracked by the S&P CoreLogic Case-Schiller Index posted monthly declines in January, with the biggest decreases seen in San Francisco, Seattle and San Diego. Continue reading

Zillow now accounts for nearly half of all real estate web traffic: Analysis

The search behemoth far and away led market share for search portals, drawing 44 percent of all real estate web traffic, but CoStar’s Homes.com leaped by bounds last month, according to an analysis. Continue reading

‘2021 all over again’: Agents get to work as spring homebuying arrives

On the first day of spring, agents across the U.S. who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner. Continue reading

Falling existing-home sales reverse as record-streak of price hikes end

Existing-home sales surged 14.5 percent in February, reversing a yearlong trend of falling transactions from one month to the next, according to data released Tuesday by the National Association of Realtors. Continue reading

Collabra launches ‘Credit Karma for real estate’ social media tool

“SphereBuilder” is designed to help real estate professionals figure out if their social media marketing is effective. The first tool will roll out in Denver, Colorado, and Huntsville, Alabama, the company said. Continue reading

Zillow CEO Rich Barton: ‘The real pain is probably coming’

Zillow — which held $3.4 billion in cash and investments at the end of 2022 — is well prepared to weather any storm, including the banking fallout, Barton said in a new interview on Thursday. Continue reading

Opendoor and Zillow expand partnership into 3 new markets

The firms said they would expand into Houston, Phoenix and Dallas. The expansion follows the group’s February announcement that they would offer their joint service in Atlanta and Raleigh. Continue reading

Zillow adds new mapping software to show renters apartment views

Zillow said its partnership with Engrain will give renters the ability to see what floor their potential dwelling is on, as well as the view outside and within the building. Continue reading

‘Just a freakish bit of data’: Sticker shock imperils spring home demand

Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come. Continue reading