The New Normal: What if buyers no longer needed hand-holding?

“The New Normal” is a multistory Inman series exploring what’s returning to normal after the pandemic fades and what will never be the same. Check back tomorrow for a new installment and join us June 15-17 when we take the conversation live at Inman Connect. Pre-pandemic ways of doing business have largely fell by the wayside, … Read more

Construction spending rises again in April as lumber costs climb

Residential construction spending continued to rise throughout the U.S. in the month of April, building further on a red-hot March. Private spending on new single-family homes rose 1.3 percent in April over the previous month, while multifamily developers upped their outlays on new properties by 1.9 percent, according to a report released Tuesday by the … Read more

Listing Lessons: How I got a developer $50K more

Welcome to the first installment of the recurring column “Listing Lessons,” where real estate agents across the country share a listing story and everything they’ve gleaned from the situation. Whether it’s marketing advice, negotiating tips or suggestions for increasing a listing’s sales value, there’s a lot to learn from these tales.  I’ve got a story … Read more

What real estate agents need to know about slab foundations

Most houses in the U.S. are built on foundations below grade, but agents should be educated on all types of foundations, including slabs, to be able to answer any buyer questions. Let’s break down what a slab foundation is and why it can be a smart choice. Knowing a few basic construction principles will serve … Read more

The New Normal: What if specialization is the answer?

Post-COVID buyer needs are changing, creating new opportunities for agents who are willing to specialize. What segments stand to gain in the new normal? Dive into Part 5 of Inman’s New Normal series. This is the fifth installment in “The New Normal,” a multistory Inman series exploring what’s returning to normal after the pandemic fades … Read more

Buyers shouldn’t wait to build. Here’s why

What’s the best time to build, you ask? Right now. Yes, even with commodity prices up. When clients decide to build a home, there are more factors to consider than just the price of lumber. Is the worst of the lumber pricing surge over? Not quite. Pre-pandemic, lumber traded at $300 to $500 per thousand … Read more

Knowing new construction gives you a competitive edge — here’s why

We all know that there is a shortage of inventory. It has been a national topic of conversation, even for non-real-estate professionals, for quite some time. The question is: How long will it last, and is there anything we can do about it?  There are several interesting factors that have contributed to the recent surge … Read more

Timber may soon follow lumber in upward price trend

Pandemic-fueled housing demand is finally beginning to catch up with years of oversupply in the timber industry that resulted from the 2008 financial crisis. While lumber prices have skyrocketed over the course of the pandemic — causing some amateur sleuths to make claims of conspiracy theories — timber prices have remained largely steady, only increasing … Read more

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