Pending home sales post record drop as deals die and price cuts soar

Inflation and mortgage rates took a hefty toll on homebuyers in October, with a record 60,000 home-purchase cancellations during the month, according to new data released Monday.

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Ribbon makes massive cuts, leaving fewer than 30 workers

In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the firm had laid off workers and would now "be a company of less than 30 people."

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Don’t understand Instagram? Here’s what you need to know in 45 seconds

Not sure how to get started on Instagram? Looking to up your game? Find out how to make it work from one of real estate's best, Sue "Pinky" Benson.

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Fannie Mae economists see home sales bottoming next year

Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — "will remain in a way that has not occurred in over 40 years," economists say.

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California agent charged with theft and forgery tied to 2020 home sale

Daniel Montano, 28, an agent with RE/MAX Gold Coast in Ventura, California, was arrested on Nov. 17 for allegedly making false statements and forging his clients' signatures.

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Create better listing presentations with ACCESS

About This Webinar Learn how to give your buyer and seller presentations a significant upgrade with ACCESS. See how to quickly create beautiful presentations using professionally designed templates. Watch how to use and share built-in analytics that will give you important insights on who, how, when, and where your presentation is viewed. ACCESS is free […]

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How much has rent risen? About an extra 6 hours of work per month

A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth.

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Alibaba president offloads 2 Hamptons estates at $66.25M

The estates, located on coveted Meadow Lane, span more than eight acres and encompass multiple buildings, a pool, a tennis court, two putting greens and 350-degree water views.

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When is the right time to get licensed in other states?

If you're looking for an opportunity to expand your service or to take advantage of relocations to and from your area, licensure in multiple states may be the right option.

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5 ways to level up your local expertise

Positioning yourself as a local expert is a sure way to boost your business, your reputation and your credibility. Santiago Arana walks you through the process of developing your expertise so that you can wow both current and potential clients.

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NYSE threatens to boot Offerpad over plummeting share price

Offerpad's stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which would make it more difficult to buy and sell shares while scaring off investors.

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Landmark Sotheby’s opens up shop in Outer Banks, North Carolina

Headquartered in Duck, the opening marks Sotheby's 21st affiliated shop in North Carolina and the sixth office overall for Landmark Sotheby's.

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Client concierge? Home quality director? Just call an agent an agent

From "real estate specialist" to "transaction quarterback" and now "client concierge," new names for real estate agents come and go, Brad Inman writes. But seriously, do Realtors need a refresh?

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The 6 kitchen design wishlist features from buyers who love hosting

Whether it’s a dinner-party soirée or an intimate gathering with family, the kitchen inevitably becomes the center of attention — so it’s only natural that kitchen design is top of mind.

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First American’s PRISM platform evolving beyond title insurance

After paymints.io deal, First American is evaluating additional third-party integrations to simplify transactions from point of sale to handing over the keys.

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Surveys reveal why some buyers don’t shop for a mortgage

Shopping around can save thousands of dollars, but one in three prospective homebuyers only get a quote from one lender, Freddie Mac surveys show.

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‘The Goonies’ house in Oregon hits the market for $1.65M

"People from many countries and all walks of life are calling to inquire about how they can be the next owner of this iconic property," the listing agent said about the birthplace of the truffle shuffle.

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Corcoran Global Living CEO awash in lawsuits amid agent pay delay

Agents at some of the California-based franchisee's 70-plus branches allege delayed commission payments and power outages as CEO Michael Mahon battles lawsuits on multiple fronts.

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Corcoran Perry & Co. adds More Lifestyle Management services

The Denver-based Corcoran Group affiliate's clients will now have access to More Lifestyle Management's services, which include personal assistants, home management, moving management, concierge services and event planning.

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Mortgage rates dropped faster this week than at any time in 40 years

The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin.

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