How each generation thinks about building credit and wealth varies, particularly with respect to homeownership. Homeownership is a lifelong journey that looks different for everyone, especially depending on your stage of life and financial goals. How each generation thinks about building credit and wealth varies, particularly with respect to homeownership. Retirement, student loan debt and … Read more
Overwhelmed with rentals? Here’s everything you need to know about finding a property management company that can meet your needs and makes your life easier. In a shifting real estate market, the guidance and expertise that Inman imparts are never more valuable. Whether at our events, or with our daily news coverage and how-to journalism, … Read more
Rising mortgage rates. Faltering home sales. Skyrocketing rents. Here’s how to make sense of a baffling real estate market. After a two-year boom, the United States housing market finds itself at a pivotal moment — but pivoting to what, exactly? This spring should have been a busy time for home sellers. Instead, the season was … Read more
Rarely have so many Americans gained so much equity in so little time, but it’s also inseparable from the housing affordability crisis. Over the past two years, Americans who own their homes have gained more than $6 trillion in housing wealth. To be clear, that doesn’t mean homebuilders have transferred to buyers $6 trillion worth … Read more
Home prices soared 20% annually in February and prices grew at the third-fastest annual pace in 35 years, according to the US National Home Price Index, released Tuesday. Since then, experts have observed early signs of a cooling market Home prices surged 19.8 percent higher in February than at the same time last year, according … Read more
In a hot seller’s market, how should agents help their clients with pricing, bidding strategies and closing successfully? Here’s how to set appropriate buyer expectations from the start The first few months of 2022 saw an acceleration of the extended seller’s market. A February report from Realtor.com found the median home list price climbed to … Read more
It can be tricky, but the opportunity for savings makes the effort worth it if your property or transaction qualifies Thinking about swapping your ski chalet in Aspen for an oceanfront mansion on Miami Beach? If you’ve used your vacation home as an investment property, and collected rental income, you might be able to take … Read more
The 5-point plan seeks to arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry and leverage data for policymaking. The Biden administration announced Wednesday an ambitious set of reforms intended to combat bias in the home appraisal process, along with a report chronicling a history of bias and its effect on … Read more
Millennials made up the largest share of buyers at 43%, up from 37% in 2020, according to the National Association of Realtors’ Home Buyers and Sellers Generational Trends Report. When a listing attracts multiple offers — common in the hot market of the last couple of years — chances are the homebuyers on the bidding … Read more
In 2021, millennials made up the largest share of buyers at 43%, up from 37% in 2020, according to the National Association of Realtors’ Home Buyers and Sellers GenerationalTrends Report. When a listing attracts multiple offers — common in the hot market of the last couple of years — chances are the homebuyers on the … Read more
