Summer market will be hot, but not scorching, economists say at Inman Connect

Day 2 of Inman Connect is underway with an all-star lineup, including Opendoor’s Eric Wu, Keller Williams’ Wendy Papasan, and many more. Register now to watch the rest of the day today and tomorrow live, and catch up on what you missed on-demand. This year’s real estate market has been roaring so far, which has many industry … Read more

Why teams should focus on the customer experience over growth

Teams of agents play a crucial role in real estate, but some are focusing on the wrong metrics, experts said at Inman Connect. Today’s the day: Join us for Inman Connect today to dig into key topics like tomorrow’s forecasts, the key to unlocking new inventory, the “new normal,” and much more. Register now to watch the rest of … Read more

They came for 2-sided deals — then a pocket listing debate broke out

Despite its title — “The End of the Two-Sided Deal: Will This Be The New Normal?” — a panel at Inman Connect quickly turned into an intense debate over the role of pocket listings. Do pocket listing bans ‘devalue’ agents, or benefit consumers?They intended to talk about two-sided deals, but stayed to debate pocket listings … Read more

WATCH: Hot market forecast: What to expect this summer

Next week at Inman Connect (June 15-17), Daryl Fairweather, chief economist at Redfin, and Jeff Tucker, senior economist at Zillow, take the stage with Katie Kossev. The topic of their discussion: “Hot Market Forecast: What To Expect This Summer?”  These two top economists will share their latest findings on housing market conditions and trends. They’re … Read more

After buying frenzy, demand for second homes comes down to earth

New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties. After a year of frantic activity on the market for second homes, Redfin has found evidence that suggests demand may be starting to normalize for these getaway spots and investment properties. Each month for roughly a … Read more

The New Normal for listings is endless evolution

“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. When Suzanne DesMarais started her real estate career a couple of decades ago, … Read more

Demand soars for high-end homes

The number of sales involving higher-end homes rose by 26 percent year over year, outpacing the less expensive end of the market. A booming stock market and a cost-saving shift toward more remote work has left many of the highest-earning Americans feeling better off financially now than they did before the pandemic. They’re also participating … Read more

Inman Handbook on new-home sales

This is the second installment of a new Inman series digging into, and explaining, routine real estate economic metrics and how they’re used to illuminate the current housing market and inventory crises. Don’t miss part 1, The Inman handbook on pending home sales, and check back tomorrow for the third installment on existing-home sales. Real … Read more

Inman Handbook on pending home sales

This is the first installment of a new Inman series digging into, and explaining, routine real estate economic metrics and how they’re used to illuminate the current housing market and inventory crises. Check back tomorrow for the second installment on new-home sales. Each month, the National Association of Realtors (NAR) performs a ritual. In emails … Read more

51% of homes sold above listing price in May: Redfin

Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60 percent of homes went under contract in two weeks. Even in the face of record-low inventory and skyrocketing median home prices, homebuyers aren’t giving up on their homeownership dreams, as evidenced by Redfin’s latest market report released on Friday. A … Read more

Tampa Bay News