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Zillow exec Nick Bailey to take over Century 21 as new CEO

In the mid-1990s, Nick Bailey was a rookie agent at Century 21 Real Estate (C21). Little did he know that 21 years later, almost to the day, he would be named CEO and president of the company at the age of 42, his career coming full circle. Bailey’s appointment, effective August 28, was announced today. […]

Agents sell homes for more than FSBOs: study

Academic research has often cast doubt on the value of real estate agents, but a new study will come as music to their ears. It suggests that homeowners will net roughly the same proceeds whether they sell through a real estate agent or take the FSBO (for-sale-by-owner) route. [gview file=”https://www.inman.com/wp-content/uploads/2017/08/CA-RESEARCH-Saving-Real-Estate-Commissions-at-Any-Price-1.pdf”] That’s because agents tend to […]

The Inman Files: Can NAR and C21 reckon with ghosts of the past?

I’m working on a new weekly email featuring my thoughts on the industry and more. Check out the last one here (Bigger is better: Just ask these two real estate billionaires). Send me feedback at brad@inman.com. And if you would like this in your inbox every Friday, sign up here: (function() { var qs,js,q,s,d=document, gi=d.getElementById, […]

MID ‘a wasteful use of federal resources,’ says housing group

How can the United States tackle the increasingly problematic issue of homelessness and housing poverty? The National Low Income Housing Coalition (NLIHC) thinks that reforming the mortgage interest deduction (MID) is the way to move forward. But it’s going to have to lobby against the National Association of Realtors (NAR), which released a study earlier […]

Home prices hit new peak in ‘extremely competitive buying season’

The housing market saw a series of ups and downs in Q2 2017, the majority of which were largely driven by low inventory unable to meet the demand of would-be buyers. This imbalance drove home prices to rise 6.2 percent, easily eclipsing the previous Q3 2016 peak of $241,300. The Q2 median single-family home price […]

The fastest-growing real estate companies in the US

Every year Inc. Magazine ranks the 5,000 fastest-growing privately held companies in the U.S. This year, 17 real estate companies made the top 500 cut, while 196 made the 5,000 list. Companies who applied and were selected for the list are ranked based on revenue growth from 2013 to 2016. While being featured is an […]

July housing starts take turn for the worse

June’s housing starts report was heralded as “welcome news” by National Association of Realtors (NAR) Chief Economist Lawrence Yun, who said increasing residential construction was the key to lowering home prices. This month, however, housing starts have taken a turn for the worse. According to the U.S. Department of Housing and Urban Development, July privately-owned housing […]

What do buyers want more — a bigger house or a bigger yard?

Smaller homes with more outdoor space seem to be all the rage lately as homebuyers are abandoning the motto “bigger is better” when it comes to square footage. According to a consumer survey by Wakefield Research commissioned by residential construction company Taylor Morrison, 56 percent of buyers would be willing to sacrifice having a larger […]

Brad Pitt’s tiny home and other affordable space-saving miracles

Homelessness, lack of affordable housing, natural disaster damage — these are all global problems that can be alleviated through creative housing solutions. Three types of homes that problem-solvers such as Brad Pitt and Patrick Kennedy are employing to help are tiny houses, micro-units and shipping container homes. Brad Pitt’s NOLA tiny home In 2007, Brad […]

Real estate video marketing: 3 ways to generate leads with social media

Real estate video marketing is possibly the most effective marketing method available to agents; it’s definitely one of the cheapest. Katharine Loucaidou Marketing-savvy agents are able to generate tons of new business with videos while spending next to nothing on advertising. Recent guest Katharine Loucaidou has done it, and you can too. During her interview […]

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