You need to earn $100,000 just to afford a starter home. Rachael Hite writes that, like spotting a dodo bird, finding your forever home in…
Posts published in “homebuying”
New homeowners plan to spend 40% of income on repairs: Study
By The Citizen on April 3, 2024
The cost of becoming a new homeowner goes well beyond down payments and monthly mortgage payments. In fact, the typical homebuyer expects to spend approximately…
Agents brace for impact: A future with more unrepresented buyers
By The Citizen on April 1, 2024
Some think the National Association of Realtors’ $418 million settlement will prompt more homebuyers to transact without agents. Inman asked industry professionals how they’ll handle…
Barbara Corcoran on the $418M NAR settlement: It’s ‘not a big deal’
By The Citizen on March 29, 2024
Corcoran told Yahoo! Finance she doesn’t believe the effects of the settlement will be as earth-shattering as many make them out to be, but that…
Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
By The Citizen on March 27, 2024
Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family…
Realtor.com announces the ‘Best Day to Sell’ for 2024
By The Citizen on March 21, 2024
Listing agents have less than a month to prepare homesellers for the peak spring selling season, according to Realtor.com’s annual “Best Day to Sell” analysis,…
Agents storm TikTok with flood of complaints after NAR settlement
By The Citizen on March 19, 2024
Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers…
US housing market posted record-setting value growth in 2023
By The Citizen on February 28, 2024
Despite slowing sales, the value of the U.S. housing market experienced record-breaking growth in 2023, according to Redfin’s latest housing report. The total value of…
Greg Schwartz’s Tomo launches AI-powered home search platform
By The Citizen on February 20, 2024
Former Zillow executives Greg Schwartz and Carey Armstrong have launched an artificial intelligence-powered home search portal under their company, Tomo. The portal is available to…
Many hoped a March rate cut would boost housing. Now, it’s not so clear
By The Citizen on February 19, 2024
Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index…