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Housing ever costlier in July, despite inflation’s sudden dropoff

USA Real Estate News-Inman - Wed, 2022-08-10 11:34
A steep drop in gas prices offset the rising costs of housing and food for many families. Prices were still up 8.5 percent year over year, says a report from the U.S. Bureau of Labor Statistics.

Zillow and Opendoor’s partnership: ‘A match made in lead-gen heaven’

USA Real Estate News-Inman - Wed, 2022-08-10 11:17
The former rivals are now bedfellows in a new partnership that seeks to use the power of Zillow's platform to feed Opendoor's sales funnel. Find out how Mike DelPrete sees this shift playing out and impacting the iBuyer market.

Inflation (Finally) Dips, Housing Still a Concern

USA Real Estate News-RISMedia - Wed, 2022-08-10 10:54

It’s still not good, but “better” is great news right now. That appears to be the consensus from economists after the latest inflation data from the Bureau of Labor Statistics (BLS) showed prices are finally starting to come down, with the Consumer Price Index (CPI) reading 8.5%—lower than expected, and a significant reversal improvement over…

The post Inflation (Finally) Dips, Housing Still a Concern appeared first on RISMedia.

What crash? Housing market may already be headed for a soft landing

USA Real Estate News-Inman - Wed, 2022-08-10 09:46
In an Aug. 8 video to agents sure to cause a stir, Altos Research founder and CEO Michael Simonsen posits that the worst the industry may face is a contraction, not a crash.
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