real estate agents
Coverage of real estate agents in the Nexus archive.
- The US housing market is moving toward a balance after years of volatility
The US housing market is shifting toward balance as inventory increases and price growth slows, with 44% of agents reporting balanced conditions in Q2. Home sales rose 3% year-over-year in May, but affordability challenges persist due to 6.6% mortgage rates and elevated prices, despite a 2.5% annual drop in asking prices.
- Far more real estate agents now report seeing a balanced market, CNBC Housing Market Survey finds
A majority of real estate agents now report observing a balanced housing market, according to the CNBC Housing Market Survey. The number of agents reporting price cuts to active listings has significantly decreased compared to previous surveys.
- The highly sought-after home feature that agents are afraid to name revealed
Real estate agents are avoiding discussions about 'walkability' in homes due to concerns it may violate fair housing laws by excluding individuals with mobility issues.
- Why San Francisco home buyers are stressing, grieving, and then doubling down
San Francisco home buyers are experiencing stress and grief due to intense market conditions, with real estate agents predicting continued high demand through the summer. Bidding wars and sales exceeding asking prices by millions remain common despite buyer fatigue.
- Rental platform unnecessarily collected the data of millions of Australians, privacy commissioner finds
An online rental platform, 2Apply, was found by the Australian privacy commissioner to have unnecessarily collected personal data from millions of users, exacerbating vulnerabilities for tenants during the housing crisis. The over-collection of information by RentTech platforms is criticized for increasing the power of real estate agents in competitive markets.