Housing Market
Stay up-to-date on housing market news through IDX Global. We’re covering breaking news, expert commentary and more.
FHFA extends relaxed appraisal, lending standards
The Federal Housing Finance Agency (FHFA) announced on Thursday it has extended relaxed lending and appraisal standards put in place due to COVID-19 another month for both Fannie Mae and Freddie Mac. The flexibilities surrounding alternative verifications of employment and appraisals were originally set to expire on Jan. 31, 2021, however, […]
7 New Tech Products Every Real Estate Agent Should Know About
Held virtually, the 2021 Consumer Electronics Show revealed the latest in home and business technology, including a home recycling solution, wearable joysticks for hands-free control and even “smart tub” from Kohler. Once a year in Las Vegas, the Consumer Electronics Show comes to The Strip to entice us with the best of […]
Amid Pandemic, 2020 Was A Year Of Record-Low Foreclosures
In 2020, foreclosure filings reached their lowest levels since Attom Data began tracking the metric in 2005. The total number of foreclosure filings in 2020, including default notices, scheduled auctions and bank repossessions, plummeted 57 percent from 2019 to a total of 214,323 foreclosure filings on U.S. properties, according to […]
3 Tips For Maximizing Your Real Estate Team’s Virtual Open House Efforts
Harnessing social media to propel our listings’ visibility further while casting a wide net for potential buyers has proven to be a successful strategy for our team. Here’s how we do it at The Agency. During the pandemic, finding innovative ways to connect with potential buyers is of paramount importance. […]
New Year, New Look: How To Revamp Spaces For A Fresh Start In 2021
Whether you’re looking to reboot your personal space, office space or latest listing, these 10 tips will help you clear out the old, ring in the new and enjoy a fresh sense of renewal. If it’s January, it’s Agent Appreciation Month at Inman. Join us all month to celebrate all […]
4 Positive Changes 2020 Brought To Real Estate Teams
Despite the uncertainty, seek out ways to cultivate daily gratitude for those things that are going right in your life — both big and small. As a team, here are all the good things we can be thankful for. To succeed in your career, you need to first start with […]
The IPO That’s Been ‘Coming Soon’ For Years
The Compass initial public offering was the story everyone saw coming, so it was no surprise that the real estate industry wasn’t, well, surprised when the company confidentially filed paperwork with the U.S. Securities and Exchange Commission, Monday. Looking back through the Inman archives, it’s felt like Compass’ IPO has […]
Olympic Swimmer Is First Real Estate Agent To Be Charged In Capitol Riot
Klete Keller, a former olympian and commercial real estate agent in Colorado Springs, resigned from his brokerage earlier this week. Klete Keller, a former five-time Olympic swimming medalist for the U.S. and a current commercial real estate agent was charged this week in U.S, District Court for his participation in […]
New Unemployment Claims Hit Highest Level Since September
New unemployment claims continued to spike as the daily number of deaths from COVID-19 has routinely topped 4,000 since earlier this month. The number of total unemployment claims last week reached 1.1 million, an increase of 231,335 from the previous week, according to the U.S. Department of Labor. The spike […]
Are You A Leader? Here’s How To Bring Out The Best In Your People
By fostering an environment that allows everyone to be their best selves — staffers who genuinely want to do meaningful work, combined with happy agents who have what they need to succeed — you’ll create a win-win situation. Here’s why. As a real estate executive, you’re likely wondering how you […]
Porch breaks into insurtech with $100M acquisition
Fresh off a SPAC merger and public offering that loaded the company with roughly $200 million in fresh capital, proptech firm Porch made four acquisitions this week, notably investing $100 million in an insurtech company. Porch, led by CEO Matt Ehrlichman, acquired home insurance company Homeowners of America, mover marketing […]
Why The Compass IPO Will Be Successful
This week, Compass announced its IPO. The timing looks near perfect with a strong real estate market and a robust IPO market. The company has hired the best bankers, beefed up its management team and will likely show its best year ever in its 2020 financial results. My guess, the […]
The Compass IPO: Everything You Want To Know But Were Afraid To Ask
Compass took the first steps towards going public this week, confidentially filing an S-1 document with the U.S. Securities and Exchange Commission (SEC). While there are still a number of steps before the company is actually publicly traded, here’s everything you should know about the Compass initial public offering (IPO). […]
JPMorgan Chase amps up correspondent lending
JPMorgan Chase, the nation’s largest depository bank, increased mortgage origination volume to $32.5 billion in the fourth quarter, a 12% gain on the prior quarter. But that doesn’t quite tell the whole story. The Jamie Dimon-led bank increased overall mortgage origination volume primarily through its correspondent channel, according to the […]
Luxury Senior Living Platform Seeks To Hire 1 Lucky ‘Undercover Grandma’
To see whether luxury housing for seniors truly lives up to the hype, one assisted living search platform is looking for a “glamorous grandma” to go undercover as a tester. CaringAdvisor.com, a search platform for various assisted living options across the country, is planning to release a repository of senior […]
Figure Lending lands $100M funding facility
SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase this week. The warehouse facility will allow the company, a subsidiary of Figure Technologies, to originate conventional loans as well as jumbo loans, the company said in a statement Wednesday. […]
The Real Word: 5 More Trends From The 2021 Swanepoel Trends Report
Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman. Last week, Byron and Nicole tackled the 16th edition of the Swanepoel Trends Report, which boasts a wealth of […]
Smart Home Tech: Which Smart Locks Are Best For Security?
A smart lock can offer homeowners security, convenience and a peace of mind. Here’s how to find the best (and most compatible) smart lock in a sea of options — plus a few tips on keeping your home extra secure. It’s been a year now since we first compared Schlage […]
Need Print And Social Media Marketing Fast? Enter CoVault
An agent from Victoria, British Columbia, has built a new listing and social media marketing solution for the busy agents everywhere — and it’s called CoVault. Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. CoVault is a marketing software […]
House prices to fall in the first quarter
Property prices will fall by 6.2% in the first quarter of 2021, reallymoving has predicted. The decline is expected to accelerate on a monthly basis from -1.2% in January, -2.5% in February, and -2.6% in March. Rob Houghton, chief executive of reallymoving, said: “Considering the wider economic context of the […]
The Future of Real Estate
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