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As median U.S. home sale price rose 3% year over year to $420,846 in August, ‘sticker shock’ is pushing buyers to pull out of agreements Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal […] The post Buyers are getting cold feet as mortgage rates exceed 7%: Redfin appeared first on MJ Agostini.
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Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to […] The post Why It Makes Sense To Move Before Spring appeared first on MJ Agostini.
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If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure […] The post Why You Shouldn’t Fear Today’s Foreclosure Headlines appeared first on MJ Agostini.
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If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a […] The post The 3 Factors That Affect Home Affordability appeared first on MJ Agostini.
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The waterfront home on one of the Sunset Islands was listed for rent last week by Corcoran's Isaac Lustgarten, who previously worked with the Alexanders at Official. The home spans 4,267 square feet and has four bedrooms.
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Realty Executives Premiere and its 20 agents joined KW Premiere Properties to serve the greater Chicagoland. The firm transacted $130 million in sales volume last year.
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Since joining Real, Ravi Jani has had a big hand in driving the company's financial strategy and growth. During his tenure, the company's agent network has grown from 12,000 to over 27,000 agents.
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Jarred "JJ" Friedman is Remine's director of product engineering and an agent at Carolwood Partners in Beverly Hills.
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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
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Auction.com executives confirmed to Inman that views of its listings have increased significantly since Zillow began rolling out a new user experience that now includes previously hidden listings.
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For divorcing couples trying to sell their home in today’s market, certified Divorce Real Estate Expert Lindsey Harn writes, the right agent can make all the difference between chaos and clarity, conflict and closure.
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In this Tool Kit, trainer Rachael Hite explores what it means to be single and a single parent trying to make things work via a commission-based income.
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Technology columnist Craig Rowe reviews pre-sale renovation solution HouseAmp on behalf of Inman. The software sharply consolidates the tasks and delivers the transparency required to ensure a smooth, timely and valuable home construction project.
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As of April 20, home-sale prices fell across 11 U.S. metro areas, marking the first time this many markets have seen year-over-year declines since September 2023, data released Thursday by Redfin found.
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Find out how this broker and innovator helps agents build "legacy businesses" through efficient scaling, increased profitability and resilient, service-centered practices.
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In the face of economic headwinds and shifting market dynamics, brokerages must embrace change with clarity, strategy and agility, The Agency's Rainy Hake Austin writes.
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From 2020 to 2025, the number of cities with million-dollar starter homes has grown from 85 to 233. Twenty five states had these cities, with California and New York having the highest concentration.
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Attorney General Matthew Platkin is the latest to narrow in on the apartment data giant, alleging it operated as a ‘cartel’ along with some of the nation’s largest property management firms.
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Existing-home sales decreased by 5.9 percent from February and by 2.4 percent from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun.
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Kelly is diving into his role as HomeServices' CEO at a challenging time, but he told Inman he's ready to get to work. He dished on private listings, Zillow and those Compass acquisition rumors.
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The longer real estate professionals let Zillow define the rules, the harder it becomes to take our industry back, coach Darryl Davis writes.
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Smart home improvements make all the difference between a listing that slowly sells and one that truly stands out in the market, team leader Carl Medford writes.