Mortgage rates ease for 2nd consecutive day on inflation data
'Quantitative tightening' — the Federal Reserve's moves to trim $35B in mortgages from its balance sheet each month — could keep mortgage rates from falling dramatically this year
by Matt Carter Mar 1
Mexicali becomes a tiny home capital with new Samara factory
The accessory dwelling unit startup launched in 2022 by an Airbnb cofounder announced this week that it is taking its manufacturing operations in-house
by Ben Verde Mar 1
Here's how Zillow's new 'super app' is driving revenue growth: DelPrete
Zillow is diversifying its revenue along the transaction — what it calls its super app — and is outperforming a depressed market, Mike DelPrete writes
by Mike DelPrete Mar 1
Latest inflation numbers give mortgage rates some room to fall
A key Fed inflation metric, the PCE price index, continues to drop toward the Fed's 2% inflation target, falling from 2.6% annual growth in December to 2.4% in January
by Matt Carter Feb 29
Warren Buffett: 'You want a bad number' to get good market news
The Berkshire Hathaway CEO said fewer housing starts can lay the foundation for a more balanced market. His company's recent investments in homebuilders show commitment to that principle
by Lillian Dickerson Feb 29
Pending home sales dropped in January as mortgage rates rose
Pending home sales dropped off 4.9% between December and January and were down 8.8% year over year
by Ben Verde Feb 29
Corcoran Group lands in Massachusetts with new franchise
The Boston-headquartered franchise dubbed 'Corcoran Property Advisors' is led by brokers-owners Brian Dougherty and Nick Robert. The firm also has an office in Cohasset
by Lillian Dickerson Feb 29
Why thousands of women will have to make health care moves in 2024
Opinion
How far do you have to drive to receive quality maternal health care or access emergency services? These kitchen table issues are on your prospect's minds, Rachael Hite writes
by Rachael Hite Feb 29
US housing market is short 7.2M single-family homes: Realtor.com
Over the past decade, Americans have formed 17.2M new households, while builders have added 10M new single-family homes. It could take years for builders to close the gap
by Marian McPherson Feb 28
US housing market posted record-setting value growth in 2023
The total value of the 2023 US housing market increased a record-breaking 5.3% to $47.5T. The gains were concentrated in markets across the Midwest and Northeast
by Marian McPherson Feb 28
Homebuyer mortgage demand down for 5th consecutive week
With mortgage rates hovering above 7%, requests for purchase loans were down by a seasonally adjusted 5% week over week and 2% lower than a year ago, MBA lender survey finds
by Matt Carter Feb 28
Compass lifts agent count in Q4 but falls short of positive cash flow
The fast-growing brokerage also suffered a net loss of $83.7M in the quarter, which was an improvement compared to the loss 1 year earlier
by Jim Dalrymple II Feb 27
Gary Keller says 'right now, real estate is in a recession'
Keller Williams co-founder Gary Keller said the Federal Reserve's inflation policy will continue to haunt the real estate industry in 2024, but there's still plenty of opportunity for agents to succeed
by Marian McPherson Feb 27
Rent is falling fastest in markets that added the most new supply
Rent is now 0.7% lower for one-bedroom rentals nationwide than it was a year ago, but some markets are still seeing significant increases, new report shows
by Taylor Anderson Feb 27
Home prices hit high in December as 'solid, steady growth' wins out
Home prices rose 5.5% on an annual basis in December, up from 5% in November, according to dueling data released Tuesday by S&P Global and the Federal Housing Finance Agency
by Ben Verde Feb 27
New-home sales show promise with 1.8% annual growth
New-home sales increased 1.8% to a seasonally adjusted annual rate of 661,000. Economists say the report, alongside improved builder sentiment, shows promise for a robust spring
by Marian McPherson Feb 26