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Average buyer’s agent commission has fallen since NAR settlement

Aug 2, 2024

Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors' March settlement. However, robust home prices have yielded small gains in commission dollar amounts.

Mortgage rates are in free fall on a triple whammy of economic news

Aug 2, 2024

Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds.

NYC developer, wife part ways with Greenwich Village home for $21.5M

Aug 2, 2024

The multi-family residence sold on July 31 for $21.5 million. The couple purchased the home in 2011 for $12.7 million. 

Typical buyer’s agent commission has fallen since NAR settlement

Aug 2, 2024

Redfin's latest report revealed the typical buyers' agent's commission percentage has declined in 47 of the 50 largest markets since the National Association of Realtors' March settlement. However, robust home prices have yielded small gains in commission dollar amounts.

How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali

Aug 2, 2024

For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported.

High mortgage rates cool down prices in these US metros

Aug 2, 2024

Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to a report from CoreLogic.

Questions and answers: It’s Inman’s Top 5 stories of the week

Aug 2, 2024

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.

Tyler Mount on real estate and life: ‘Authenticity wins’

Aug 2, 2024

Tyler Mount, a three-time Tony award winner and marketing company founder with career billings of $7 billion did not mince words when he talked about the importance of authenticity at Inman Connect Las Vegas.

Rocket says AI helping it grow capacity and keep expenses flat

Aug 2, 2024

With second quarter net income up 28 percent to $178 million, CEO Varun Krishna says Rocket is making "significant investments in data leadership and infrastructure."

‘Reality’ is a misnomer when it comes to real estate TV shows

Aug 1, 2024

Ben Belack of "Buying Beverly Hills" and Ernie Carswell of "Kendra Sells Hollywood" shared with Inman Connect Las Vegas attendees the nitty-gritty of being on reality TV.

To mortgage or not to mortgage? That is the question (for brokers)

Aug 1, 2024

HomeLight CEO Drew Uher says he's glad to be out of the mortgage business. Fathom CEO Marco Fregenal sees value of being in lending "in a very selective way."

RFK Jr. at ICLV: Homeownership is the engine of the middle class

Aug 1, 2024

The Kennedy family scion and presidential contender also argued Thursday at Inman Connect Las Vegas that democracy depends on people maintaining "a posture of fierce skepticism."