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Single buyers can only afford 45% of U.S. housing stock: Zillow

It takes the average single homebuyer 11 years to save a 20 percent down payment for a median-priced home. That’s over double the time it takes for a married couple, according to a new Zillow analysis. The inventory for starter homes has decreased by 18 percent, Zillow says, meaning that single buyers can only afford 45 […]

What happened when I Connected: It’s like going to a family reunion

We recently sat down with Melissa Salazar to ask her about her recent experience at Inman Connect New York. Melissa shared with us insights from her favorite sessions, details about how Connect compares to other events she’s attended and what she considered to be the most meaningful takeaway. SAVE MY SEAT FOR ICSF 18 What was […]

Can buyers fall for a home that isn’t love at first sight?

Valentine’s Day is right around the corner, and we know that love comes in many shapes and forms. In fact, when you’re showing prospective homebuyers properties, it’s not uncommon to find a match made in heaven. The buyers want what the house has, whether it’s a gazebo or new granite countertops, and they’re ready to write […]

Tell real estate leaders what you really think

This winter, Inman is obsessing over leadership in real estate. We’re publishing profiles, Q&As, strategy guides, and an in-depth 5-part report on what the industry wants from its leaders. Then, on March 26-28, we’re going to gather those leaders in the California desert to digest all of these inputs and figure out where to go […]

Realogy’s corporate reshuffling continues across the business

Realogy Holdings Corp., the massive real estate company that counts among its sprawling portfolio of brands Coldwell Banker, the Corcoran Group and Century 21, has appointed Sue Yannaccone as regional executive vice president of NRT, the company’s residential brokerage business. Yannaccone, formerly the president and chief executive of the company’s ERA Franchise Systems, will oversee […]

Nooklyn raises $825k for roommate, rental platform

Brooklyn rental and roommate startup Nooklyn raised $825,000 in a round of seed funding, the platform announced Friday. Nooklyn lets users search available rooms, apartments and roommates in Brooklyn. Users can search for an available room in an apartment or match with potential roommates to try to find an apartment together. “Our mission is to […]

Real estate victories in budget deal: extended flood insurance, tax credits

A bipartisan budget deal signed into law Friday morning following a six-hour government shutdown will briefly extend the National Flood Insurance Program for a few weeks, while lawmakers race to reform the ailing, 49-year-old insurance plan through legislation currently stalled in the Senate.  The extension until March 23 was among a half-dozen small victories for […]

Read the Senate letter requesting probe into real estate competition

Last week, the U.S. Department of Justice confirmed it will hold a joint workshop on real estate competition in the spring with the Federal Trade Commission. A DOJ official told Inman the workshop will be held in response to a letter the DOJ received on Sep. 21, 2017, from the U.S. Senate Judiciary Subcommittee on […]

Zillow trending toward profitability, earnings analysis shows

Seattle-based Zillow Group cracked $1 billion in annual revenue last year, the company revealed yesterday in its fourth quarter and full-year 2017 earnings report. The company posted a net loss of $77.2 million in fourth-quarter 2017 and a net loss of $94.4 million for full-year 2017, but an analysis of the real estate company’s revenue (which […]

Equifax breach may have been worse than everyone thought

Massachusetts Senator Elizabeth Warren has released a 15-page report about Equifax’s 2017 data breach that includes claims about the company’s cybersecurity, the removal of 145 million consumers’ personally identifiable information (PII), and “hardball tactics” Equifax used to delay rival Experian from obtaining an IRS contract. “After months of investigation, our office finally learned that hackers […]

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