‘Work your community’: How new agents can adapt to a slowdown

Members of the Inman Coast to Coast Facebook group recently shared tips for new agents on how to change with the times as the market experiences a moderate slowdown. New to the industry? Get started with everything you need to know about the early decisions that’ll shape your career, including choosing a brokerage, learning your … Read more

New single-family housing starts ramp up 6% in June: Census Bureau

The increase in housing starts is a welcome gift, but experts say builders aren’t yet betting recent improvements in materials costs are here to stay for the long term. New residential construction made modest gains in June, as lumber prices finally began to settle back down to Earth, according to the U.S. Census Bureau and … Read more

Long Island man continues 20-year stint in house on just 1 mortgage payment

Long Island resident Guramrit Hanspal made one mortgage payment for his East Meadow home in 1998 — and hasn’t made another since, according to a report from the New York Post. Despite continued non-payment for over two decades, Hanspal has somehow avoided eviction by filing lawsuits and bankruptcies, according to court records. The property was … Read more

Pending-home sales take 4.4% hit in April

Pending-home sales dropped 4.4 percent in April from the month before to a Pending Home Sales Index (PHSI) of 106.2, according to a report released on Thursday by the National Association of Realtors (NAR). The index is an indicator of future home sales based on contract signings. An index of 100 represents the level of … Read more

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