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Inman News
iBuyer survey reveals how much less sellers would accept for their homes
Clever's "American Attitudes on iBuyer Companies" survey of 994 people reveals numerous facts about consumers and iBuyers, including the lengths they'd go to avoid a more traditional sale.
EXp hires new execs including former Remine CEO, cofounder
The virtual brokerage is bringing on Shoeb Ansari to serve as chief information officer, as well as former Remine CEO Leo Pareja to oversee affiliated services.
Fannie Mae downgrades home sales expectations for 2022 and 2023
Higher mortgage rates are now "housing market's primary constraint," economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent this year.
Housing starts fall dramatically as builders fret over declining demand
Housing starts clocked in at a seasonally adjusted rate of 1,549,000, a 14.4 percent decline from revised April levels, according to the U.S. Census Bureau and Dept. of Housing and Urban Development.
One-click is all it takes for Luxury Presence’s new website product
Customers of Luxury Presence can select from a number of single-property site templates that will reflect their current design and brand.
Sotheby’s Concierge Auctions preps for global growth with 2 key hires
Sotheby's Concierge Auctions has hired two former Sotheby's International Realty executives, Zackary Wright and Charlie Smith. Both men will lead SCA's international growth.
Fed’s biggest rate hike in 28 years might not further impact mortgages
After bond market sell-off Friday and Monday, investors take Fed's 75 basis-point rate hike in stride. "The Fed managed to hint at today's move," said the CEO of one capital markets advisory firm.
Pacaso aims to make co-ownership more familial with UrbanSitter deal
While Pacaso continues to expand its technology-forward co-ownership model into more luxury home destinations, its owner-services division is working on ways to make its second homes feel like first homes.
Newlywed Britney Spears secures $11.8M California mansion
Shortly after Britney Spears' wedding last week, the pop icon's car was seen parked with moving trucks at a recently sold mansion outside LA.
Mortgage demand picked up last week before latest rate surge
Homebuyer demand for purchase loans picked up before a bond market sell-off sent mortgage rates soaring past 6 percent, according to the MBA's Weekly Mortgage Applications Survey.
Zillow set to debut AI-generated floor plans in bid to boost browsing
The tool leverages imagery captured by agents in its 3D Home app, with software that predicts measurements, calculates square footage and generates a layout.
Handle client expectations or lose credibility: 3 tips for a shifting market
In any real estate market, one side of the market is in a power position while the other is not. According to team leader Carl Medford, understanding the flow of power in a transitioning market can help you and your clients set the stage for success.
Share of investor sales activity rose to record high in Q1: Study
An analysis issued Wednesday by Redfin, however, also makes clear that the market shift has begun to impact investor sales, with the pace of buying slowing over the first three months of 2022.
‘Clear sign’ of a slowing housing market as builder confidence falls
Homebuilder confidence fell 2 points in June to 67, marking the lowest reading since June 2020, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
What drains you? Pulse
This week, we're wondering: What's your own personal kryptonite? Let us know in this week's Pulse.
Rise, fall, repeat: The biggest housing surprises of 2022 (so far)
Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they're taking a second look.
Do layoffs at Compass and Redfin signal a looming real estate purge?
The ranks of the real estate industry have swelled over the past decade. Some experts who spoke to Inman believe a trend in the opposite direction may be picking up speed.
How to lead with strategic thinking
Stumped on how to lead your team to success during the market shift? Rainy Hake Austin, president of The Agency, shows us how to use strategic thinking to show your team a clear path to achieving their goals.
Moliving’s nomadic hotel concept to pop up 1st site in NY’s Hudson Valley
Out to "democratize the hotel industry," new modular home manufacturer, Moliving, aims to turn landowners into sustainable hoteliers in weeks, not years.
6 ways to create a must-stay culture and improve agent retention
When agents love where they work and the people they work with, and they notice the effort you put into ensuring they have fun, it makes their decision to leave much harder. Sure we have an excellent training program, fantastic support and great systems, but the culture is the glue holding everything together, says broker Ian Hoover.