UpEquity brings Buy with Cash service to California
After raising $50M in Series B funding round, 'Power buyer' looking to expand from 11 to 19 states in 2022
by Matt Carter Jan 11
IBuyers flipped 1 in 5 homes to institutional investors in 2021
In one 'hot spot within a hot spot' — McDonough, Georgia — 70% of homes flipped by iBuyers like Zillow Offers and Opendoor were resold to institutional investors, many without being listed
by Matt Carter Jan 7
I worry about higher mortgage rates — and other stuff
Opinion
'When all the experts unanimously agree, it makes me nervous,' Inman Publisher Brad Inman writes. 'I'll never forget the careless chorus of experts pumping up the housing market in 2008.'
by Brad Inman Jan 7
On anniversary of all-time low, mortgage rates climb past 3.2%
Mortgage rates rose 11 basis points this week as the Federal Reserve signaled it intends to shrink its balance sheet, according to Freddie Mac’s latest lender survey
by Daniel Houston Jan 6
NAR is second biggest trade group donor to 'Sedition Caucus': Analysis
Donations to lawmakers who voted against certifying the 2020 election results from the National Association of Realtors and Rocket Mortgage clocked in at more than $375K in 2021
Credit report errors are harming mortgage borrowers: Fed watchdog
Credit bureaus have 'little incentive to treat consumers fairly when their credit reports have errors,' according to Consumer Financial Protection Bureau, which analyzed 700K complaints
by Matt Carter Jan 6
Interest rates climb as Fed looks to shrink balance sheet
Although the Fed hasn't set a timetable for shrinking its balance sheet, it's likely to do so more quickly than it did after the 2007-09 recession
by Matt Carter Jan 5
Flyhomes will cover closing costs — but only if you use their agent
Homebuyers represented by partner agents will still pay closing costs, and could be on the hook for 1% convenience fee, Flyhomes executives confirmed with Inman
by Matt Carter Jan 5
Demand for mortgages slips as rates climb back to April levels
Demand for purchase loans fell to a seasonally adjusted 4% from 2 weeks ago, and 12% from a year ago, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey
by Matt Carter Jan 5
Home value soars after Black couple 'erases' identity prior to appraisal
Tenisha Tate-Austin and Paul Austin filed suit against Janette Miller of Miller & Perotti Real Estate Appraisals, who they allege devalued their Sausalito, California, home based on race
Online exchange connects mortgage lenders to job seekers
Superus Careers has launched a Mortgage Career Exchange to help lenders recruit new talent and mortgage professionals plan their next career move
by Matt Carter Jan 4
Fannie and Freddie must factor in climate change risks: FHFA
Climate change is seen as 'an emerging and increasing threat to US financial stability,' according to guidance issued by the Federal Housing Finance Agency
by Matt Carter Jan 3
News Quiz: Test your knowledge of real estate's biggest stories of 2021
Acquisitions, spats, implosions and brawls: As the year wraps up and real estate professionals wish for the best in 2022, test your knowledge of the biggest real estate stories of 2021
by Inman Dec 31
The top 21 Inman stories of 2021
In a year that seemed like a reprise of 2020 — call it '2020 Light' — the past 12 months have been filled with anxiety. Take a walk down memory lane as Inman reveals its most-read stories of 2021
by Inman Dec 31
Despite layoffs debacle, Better SPAC merger still likely to go through
The deadline for calling off Better's SPAC merger with Aurora Acquisition Corp. has been extended from Feb. 12 to Sept. 30, 2022
by Matt Carter Dec 29
Title rep surrenders license over alleged real estate agent perks
The former employer of the California marketing representative, First American Title, agreed to pay $1.185M in fines and costs to settle inducement allegations
by Matt Carter Dec 29