Author: Swapna Venugopal Ramaswamy, USA TODAY

Setting seller expectations has been the biggest challenge to navigate in the slowing Zoom town markets, say real estate agents.

It’s been a nerve-racking time for homebuyers grappling with still-soaring prices despite rising inventory, falling sales and volatile interest rates.

From the buyer’s perspective, purchasing a property on land contract combines the worst of buying and renting.

Race gap widens 🏠

An analysis of MLS mortgage-cost data in the 50 most populous U.S. metropolitan areas and state-level energy cost data.

In 2021,100, 876, new members joined NAR, marking an 82% increase in new entrants pursuing a career in real estate compared to the previous year.

Four of the 10 metros with the highest share of price drops are among the 10 places where prices increased most during the pandemic.

Buyers might finally experience respite from the hot pandemic market as inflation and fed rate-hike help create a more stabilized, balanced market.

“Food at home” prices have jumped 11%, the largest 12-month rise since 1980, while shelter costs have risen and gas prices have soared to records.