Right now, the housing market has a slew of uninvited guests in one of the worst housing shortages in the history of America. The fifth and final installment in Inman’s Inventory Insanity series on the current supply shortage ran on [...]
This is the third installment in Inman’s Inventory Insanity series on the current supply shortage. Click here and here for the first stories in the series, and check back in the coming days for additional installments. Agents are exhausted [...]
By setting expectations early, agents can put their clients in a better position and educate them on the often frustrating marketplace so they can make quick, sound decisions. Here’s how. We want to help you make more money — right now. [...]
The median listing price for U.S. homes hit $370,000 in March, according to a new report. That’s higher than it has ever been in the past. An abysmal lack of homes for sale is colliding with the spring buying market, creating mind-boggling [...]
Rent prices are significantly higher than they were at the same time last year, rising by a nationwide 3.8 percent in January. Rent prices are significantly higher than they were at the same time last year, rising by a nationwide 3.8 percent in [...]
iBuyers purchased 0.3 percent of all homes sold across 418 U.S. metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8 percent of all homes sold the year before. iBuyers have been back in action now for months, after [...]
The pandemic’s effect on the real estate market has been quite the opposite of what many experts feared at the start of the outbreak — as inventory dwindled, home prices and sales both soared in 2020. According to the latest numbers from [...]
Homes for sale in rural areas across the nation were down 44.4 percent year over year during the four weeks ending Jan. 21, driving an all-time low in active listings, according to Redfin. Homes for sale in rural areas across the nation [...]
Clever Real Estate’s latest survey revealed the average American’s non-mortgage debt burden increased by $7,512 in 2020 due to booming unemployment. The coronavirus pandemic and the ensuing economic fallout pushed millions of Americans to[...]
2020 was a year of record-low mortgage rates, but pandemic-fueled homebuyer demand and sharp drops in inventory sent home prices soaring, eroding mortgage affordability in more than half of the country’s largest cities, according to a report from [...]