Real Estate Markets & Economy
The mansion sold for more than $43M, a record price in San Francisco that exceeds the one it set 3 years earlier
Single-family housing starts rose modestly, but housing completions and building permits dropped from the previous month, according to the US Census Bureau
Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association
Sale-leasebacks can be a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors offer
As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae's Economic and Strategic Research Group said
The median multifamily rent increased 2.5 percent in May, according to Yardi's latest rent report on Tuesday. West Coast markets experienced the greatest increases as buyers hold off on the homeownership plans
After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down
At Inman Connect on Tuesday, 3 real estate professionals dished on the creative ways they're taking advantage of existing inventory amid a historic housing shortage
The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo
Rent for a single-family home grew by 5.3% across the country in April, according to the latest report from CoreLogic
After pullback in rates, decline in refis 'seems to have more to do with borrower psychology'
At Inman Connect on Wednesday, Wu told Brad Inman that while users are increasingly comfortable selling their homes directly online, most buyers still lean on agents
New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties
Offerpad's latest financials strongly suggest that a less venture-funded, less tech-enabled, more real estate-focused, and less breakneck version of iBuying can be (almost) profitable
New inflation numbers, tapering of Fed's mortgage bond purchases likely to be on agenda next week
This number represents a 19.6% increase year-over-year, and the highest annual gain in at least a decade
Construction startups have raised $1.5 billion since the start of this year as builders rush to address the shortage, according to Crunchbase
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