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Inman Real Estate News

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Real Estate News for Realtors and Brokers
Updated: 58 sec ago

Ultra-luxury agent boomerangs from Compass to Keller Williams

Wed, 07/17/2024 - 15:36
Maria Avellaneda rejoins KWNYC after six years at Compass. She will focus on ultra-luxury transactions and lead the franchise’s luxury market in the Hamptons.
Categories: Real Estate News

Housing market bubble ready to ‘pop’ in the South, analyst warns

Wed, 07/17/2024 - 15:30
Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the 'most normalized' markets in the country.
Categories: Real Estate News

Big drop in mortgage rates fuels refis, but homebuyers unmoved

Wed, 07/17/2024 - 15:02
One issue for would-be homebuyers seeking jumbo mortgages is that rates haven't come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie Mae and Freddie Mac.
Categories: Real Estate News

Number of foreign buyer purchases falls to lowest point since 2009

Wed, 07/17/2024 - 14:11
As the U.S. dollar's value and home sale prices rose from April 2023 to March 2024, international buyers shied away from investing in U.S. real estate, according to a new report from NAR.
Categories: Real Estate News

Swing state housing costs have skyrocketed since 2020 election

Wed, 07/17/2024 - 13:28
Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs.
Categories: Real Estate News

A CEO’s perspective on leading through constant change

Wed, 07/17/2024 - 11:29
Leading during times of change is undoubtedly challenging, new Inman contributor Justin Bailey writes, but it also presents an opportunity to propel education, build stronger teams and enhance relationships.
Categories: Real Estate News

Market headwinds stifled new construction growth in June

Wed, 07/17/2024 - 10:52
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains.
Categories: Real Estate News

Waltz provides foreign investors a foot into US real estate

Wed, 07/17/2024 - 07:00
Waltz promises to use its software-enabled workflow to reduce the time and number of administrative hurdles non-citizens face when looking to invest in the U.S., stating it can be done fewer than 30 days.
Categories: Real Estate News

Ed Zorn: Why mandatory buyer contracts are a ‘big consumer win’

Wed, 07/17/2024 - 04:00
California Regional MLS's general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas.
Categories: Real Estate News

3 ways to move from hustle to harmony and find work-life balance

Wed, 07/17/2024 - 03:00
Broker-owner Andrew Fortune writes that finding work-life balance involves investing in self-care and building support systems. The key is to focus on building a strategy that works for where you are at in life and that slowing down will create a steady flow of energy
Categories: Real Estate News

How to break down the pros and cons of buying down interest rates

Wed, 07/17/2024 - 03:00
Interest rate buydowns involve a trade-off between upfront costs and long-term affordability. Clever CEO Luke Babich offers strategies to help clients make the choice.
Categories: Real Estate News

Tell us about your biggest communication blunder: Pulse

Wed, 07/17/2024 - 03:00
As the Aug. 17 post-settlement implementation deadline approaches, it's more important than ever to get your verbal and written ducks in a row.
Categories: Real Estate News

Zavvie’s power buyer suite for mortgage lenders is catching on

Tue, 07/16/2024 - 23:01
More than 7,500 loan officers in all 50 states and Washington, D.C., have access to cash offers that can be approved in as little as an hour, with NEO Home Loans and American Financial Network among the biggest partners.
Categories: Real Estate News

HUD: Appraisal that erased $220K in home value was discriminatory

Tue, 07/16/2024 - 16:14
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act. Rocket says it expects to prevail.
Categories: Real Estate News

Engel & Völkers expands brand with new Portland, Oregon, office

Tue, 07/16/2024 - 16:02
Engel & Völkers has entered the Portland, Oregon, market with the opening of its new location, Engel & Völkers Portland Rose City, the firm announced today.
Categories: Real Estate News

President Biden’s 5% rent cap falls flat with industry leaders

Tue, 07/16/2024 - 15:35
President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters.
Categories: Real Estate News

Elevated mortgage rates drive homebuilder confidence downward

Tue, 07/16/2024 - 12:21
Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today.
Categories: Real Estate News

RealScout inks enterprise deal with Sotheby’s International Realty

Tue, 07/16/2024 - 11:11
Nine months after signing an enterprise deal with Anywhere, California-based proptech leader RealScout has extended its reach to include Sotheby's International Realty's company-owned locations. Agents at SIR's company-owned locations will have full access to the RealScout platform, which includes a branded home search portal, interactive side-by-side listing comparisons, social media tools, lead management and distribution, and several other agent and broker-focused support features.
Categories: Real Estate News

Mortgage ‘knowledge gaps’ may be thwarting would-be homebuyers

Tue, 07/16/2024 - 09:57
Three in 4 Americans are planning to buy the next time they move, but many are overestimating minimum down payment, credit score underwriting requirements, according to a new Fannie Mae study.
Categories: Real Estate News

Consumer watchdog develops new standard to assess buyer contracts

Tue, 07/16/2024 - 08:06
After brokerages and MLSs reached out, the Consumer Federation of America created criteria focused on whether agreements are readable, understandable, and fair to buyers.
Categories: Real Estate News