The top 5 most popular US neighborhoods for homebuyers
More homebuyers are looking at properties on Zillow in Northeast Dallas than in any other neighborhood, garnering an average of 36,113 daily views, according to a new report
by Ben Verde Apr 14
NYC rent soars to all-time high — and it's not done yet, analysts warn
The median rent in Manhattan climbed to a new high of an astounding $4,175 per month, according to Douglas Elliman and Miller Samuel's March 2023 New York City rental report
by Lillian Dickerson Apr 14
UWM says it's hiring as Bloomberg details alleged 'locker room culture'
The nation's biggest mortgage lender is planning to hire 500 people and is holding a job fair Saturday just days after Bloomberg expose of alleged drug use, discrimination and harassment
by Matt Carter Apr 13
The investor who predicted 2008 bubble warns of 'ominous' burst
Jerry Grantham, co-founder of the investment firm GMO, said this week he fears another bubble is about to burst, with the crisis that gripped the banking system in March just the beginning
by Ben Verde Apr 13
4 ways to help agents (re)adjust to a normal market
How the real estate agents in your brokerage respond to change is key. Don’t let it run you over. Make it work for you
by Thai Hung Nguyen Apr 13
Homebuyer mortgage demand perks up as rates retreat
Homebuyer demand for purchase loans up 8% last week even after adjusting for the expected seasonal boost from the spring homebuying season
by Matt Carter Apr 12
Housing costs remain stubbornly high despite relief on food, energy
The US Consumer Price Index cooled to 5% in March compared to a year ago, but remained elevated overall despite efforts to curb inflation, according to the Bureau of Labor Statistics
by Ben Verde Apr 12
Economic anxiety accelerated Q1 multifamily rent growth slump
Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5% annually, according to a new CoStar analysis
by Marian McPherson Apr 11
Poll shows most Americans still think it's a bad time to buy
Fannie Mae survey shows sentiment ticked up slightly in March with consumers becoming more confident about homeselling conditions and less worried about losing their jobs
by Matt Carter Apr 10
Real estate adds fewer jobs in an otherwise strong US hiring month
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data
by Daniel Houston Apr 7
Home sales are cooling — but the competition is red hot. What gives?
New listings plunged 21.8% from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin
by Ben Verde Apr 7
Renters of color spend 43% more on initial rental costs
Zillow's latest market report reveals Black, Latinx and Asian American Pacific Islander renters spent $15 more per application than their white counterparts
by Marian McPherson Apr 6
Purchase loan demand falls as jumbo mortgages buck rate trend
Ongoing banking instability sparked by the failures of Silicon Valley Bank and Signature Bank may affect the availability of jumbo mortgages not eligible for purchase by Fannie Mae, Freddie Mac
by Matt Carter Apr 5
Cash to burn: Do real estate's big players have enough in the bank?
Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023
by Daniel Houston Apr 5
Don't knock the She Shed, guys — it could get you a 2.5% premium
Amenities that appeal to cooking enthusiasts, like steam ovens, pizza ovens or professional-grade appliances, can also add as much as 5.3% more to a home's sale price, a new analysis shows
KC Conway on a big banking risk that has flown under the radar
Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics' K.C. Conway, a seasoned Federal Reserve veteran, told Intel
by Daniel Houston Apr 5