Inflation cools again in June, giving mortgage rates room to ease
As inflation gets closer to Fed's 2% target, economists at Fannie Mae and the Mortgage Bankers Association predict mortgage rates will continue to drop into the low 6s by the end of next year
by Matt Carter Jul 26
Black homesellers get better offers with iBuyers, but there's a catch
A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs
by Marian McPherson Jul 26
3 challenges agents face when working with downsizing seniors
Trainer and new Inman contributor Nikki Buckelew writes that working with downsizing seniors requires a blend of empathy, patience and practical support
by Nikki Buckelew Jul 26
Keller Williams Realty Metro Atlanta picks up 11:11 Realty Group
The merger with the team managed by Esther Ozuna continues the growth of an Atlanta team that has ranked among the RealTrends 100 nationally in recent years
by Taylor Anderson Jul 25
Number of US cities where starter homes cost $1M spiked since 2019
California is home to nearly half of all cities where it costs at least $1M to buy a starter home. Nationwide, 237 cities are now 'million-dollar' cities, according to a new report from Zillow
by Taylor Anderson Jul 25
11 more things you should know before going into luxury real estate
Chris Pollinger shares strategies to help you master market knowledge, build strong networks, leverage sophisticated marketing and provide exceptional client service
by Chris Pollinger Jul 25
Palm Beach, a suburb? Not likely, residents say
Residents were taken aback when GoBanking.com recently categorized the luxury haven as a 'suburb.' Local agents agree that Palm Beach is 'a category by itself'
by Lillian Dickerson Jul 24
Falling mortgage rates have yet to translate into pricier home sales
Applications for purchase mortgages dropped last week for the 2nd week in a row as rising home prices continue to shut many would-be homebuyers out of the market: MBA survey
by Matt Carter Jul 24
Housing inventory is roaring back to life. So why aren't new listings?
Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel
by Jim Dalrymple II Jul 24
Homes are sitting on the market longer amid high costs: Redfin
Almost two-thirds of homes that were for sale in June had been listed for at least 30 days without going under contract. That figure is the highest share of any June since 2020
by Lillian Dickerson Jul 24
Sequel to NAR 'Danger Report' set for 10-year anniversary next year
T3 Sixty plans to release 'The Opportunity Report' as a follow up to its 'DANGER Report' in early 2025. It says the new document will be comparable in its impactful earlier analysis of the industry
by Andrea V. Brambila Jul 24
Local Logic and iGo strike a new integration deal
Part of the relationship involves a site license for NeighborhoodIntel, a recently released property reporting product that generates insights from more can 250 data points per home
by Craig C. Rowe Jul 24
Economists predict big slowdown in home price appreciation
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford. Prices are already coming down in some markets
by Matt Carter Jul 23
Existing-home sales decline, median sales price hits record high
In June, existing-home sales continued to decline across all 4 US regions, while the median existing-home price reached a record high for the 2nd consecutive month, according to NAR
by Richelle Hammiel Jul 23
Cost of insurance, property tax top triggers of mortgage delinquencies
These hidden costs of homeownership were given a 37% risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com
by Lillian Dickerson Jul 23
Summer slump sees buyers back out of deals at record rates
Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56K home-purchase agreements in June, according to Redfin
by Marian McPherson Jul 23