More US mortgages are 'seriously underwater' as equity dwindles
The share of seriously underwater mortgages moved up slightly from 2.6% to 2.7% in Q1, according to a report from Attom released Thursday
by Ben Verde May 9
Redfin CEO trying not to 'count chickens' after solid Q1 earnings
A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish
by Marian McPherson May 9
Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9
Mortgage demand picks up as rates retreat from 2024 highs
Some borrwers were quick to spring into action, with applications for purchase loans rising by a seasonally adjusted 2% and requests to refinance up 5% week over week, MBA survey shows
by Matt Carter May 8
Low-income buyers' mortgage applications drop to 2018 levels
Households with a median income of $64K or less lost their buying gains in 2023, according to Redfin. The share of new mortgages issued to this group dropped 11% from 2020 to 2023
by Marian McPherson May 8
Compass posts revenue spike and increases agent count in strong Q1
The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday afternoon
by Jim Dalrymple II May 8
Former RE/MAX Northwest CEO moves Austin team to Compass
Matt van Winkle served as chief executive officer of RE/MAX Northwest from 2011 until 2022 and will now lead a Compass team
by Ben Verde May 8
Consumer disconnect: Good time to sell means it's a bad time to buy
Fannie Mae's latest National Housing Survey finds 67% of Americans agree April was a good time to sell, the highest level in nearly 2 years. But only 20% said it was a good time to buy
by Matt Carter May 8
US home prices rise in 93% of all housing markets in Q1, NAR says
Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday
Florida is king for short-term rental investors: Study
Tampa, Orlando, Jacksonville and Miami are the leading metros for short-term rental gains, according to Clever Real Estate's latest market analysis
by Marian McPherson May 7
3 ways to diversify your real estate investment portfolio
Whether it’s REITs, international markets, self-storage or residential rentals, Victoria Kennedy writes, each component adds a layer of security and opportunity to your strategy
by Victoria Kennedy May 7
How to create content that connects you to your community
Stop trying to generate leads, new Inman contributor Lauren Harris writes. Start creating a community with the power of content creation that speaks to the neighborhoods you serve
by Lauren Harris May 7
10 answers to the questions confused buyers are asking now
Realtors and buyers are both confused right now, writes mega-team leader Carl Medford. To help buyers sort out the mess, here are our top 10 answers for buyer questions
by Carl Medford May 7
Matterport trimmed losses in the months before CoStar purchase
The company's net loss was 36% less than in 2023, according to Matterport's earnings from the quarter. Revenue rose 5% for the quarter
by Taylor Anderson May 6
Offerpad posts a decline in annual revenue, but improves Q1 losses
The iBuyer lost $17.5M between January and March, according to an earnings call Monday afternoon. However, that represents a 71% improvement compared to a year earlier
by Jim Dalrymple II May 6
AREAA takes fight against Florida foreign buyer ban to court
The Asian Real Estate Association of America has filed suit against the State of Florida over Senate Bill 264, a controversial bill aimed at restricting foreign buyers' housing rights
by Marian McPherson May 6