Despite 11 months of declines, Realtor.com said the typical renter is paying $305 more monthly for an apartment compared to 2019. The greatest rent increases are in Florida and the Midwest.
Category: Markets & Economy
Ed Zorn: Why mandatory buyer contracts are a ‘big consumer win’
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.
Housing inventory is climbing back. So why are leads still lagging?
Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what’s working in still-tight markets in new responses from the Intel Index survey.
Mortgage rates retreating from 7% on ‘massive’ revision to jobs report
After spiking after the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates in September.
Rise above market hurdles to help buyers attain the American dream
This 4th of July, Troy Palmquist lays out an argument for why the American dream of homeownership is alive and well, and together, real estate professionals can help more people achieve it.
Mortgage rates surge as Trump’s odds improve after debate
Investors weigh the potential for higher tariffs, tighter restrictions on immigration, and an extension of 2017 tax cuts to fuel inflation under a second Trump administration.
Buyer (agent) beware before opting for a workaround: The Download
What do you make of commission-sharing workarounds, and how are you planning to change up your communication strategy?
BofA analysts cast doubts on prospects for 2025 sales rebound
“The U.S. housing market is stuck, and we are not convinced it will become unstuck anytime soon,” economists at Bank of America Global Research say of ongoing affordability issues.
Homebuyers jump at lower mortgage rates, but will they last?
Purchase loan applications have surged for two weeks in a row, but rates for conforming mortgages are inching back up toward 7 percent this week as investors weigh the odds of Fed rate cuts.
Jackson Hole agents brace for impact as key road collapses
A portion of Teton Pass connecting workers who live in Idaho with the tony tourist town of Jackson, Wyoming, collapsed over the weekend.