Fathom Realty sees jump in revenue, agent count and transactions in Q1
The company, which went public last year, pulled in $49.6 million between January and March — a 72 percent increase year over year
by Jim Dalrymple II May 13
Inflation concerns not reflected in latest mortgage rate survey
A weekly Freddie Mac survey doesn't fully reflect new data that's pushed rates up this week on inflation worries
by Matt Carter May 13
Days on market drops by nearly 50% amid inventory crisis
New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market
by Lillian Dickerson May 13
NAR forum: We're at a 'hinge point' in American politics
At the Realtors Legislative Meetings, Mara Liasson and Van Jones talked polarization, bipartisanship and the issues that could get Republicans and Democrats to work together
by Andrea V. Brambila May 13
Blackstone Group, TruAmerica buy 5,800 apartments in San Diego
In what's believed to be one of the biggest real estate deals in San Diego County history, investment firm says it plans to spend $100M renovating the properties
by Matt Carter May 12
Dip in mortgage rates boosts interest in purchase loans, refinancing
'Robust demand' for purchase loans continues to be constrained by scarce listings and shortages of buildings materials, according to the Mortgage Bankers Association
by Matt Carter May 12
How long will the housing shortage last? Years — here's why
Opinion
Thinking optimistically and knowing a little about US homebuilders and American ingenuity, builders might create an average of 2M homes annually and achieve a supply-demand balance in about 6 years
by Ben Caballero May 12
$100K for a home in Brooklyn? Fuggedaboutit!
The New York Times editorial board asked 8 NYC mayoral candidates, 'Do you know the median sales price for a home in Brooklyn?' Some answers left New Yorkers baffled
by Lillian Dickerson May 12
Opendoor bounces back in first quarter after pandemic-driven downturn
The beginning of 2021 was better for the iBuyer than the end of 2020, though it still has a ways to go before reaching its pre-pandemic levels
by Jim Dalrymple II May 11
Keller Williams sees rising agent count, sales volume amid hot market in Q1
The industry giant's agents closed 272,688 transactions and did $98.1 billion in volume between January and March. The company also now has 180,376 agents across the world
by Jim Dalrymple II May 11
89% of all metro areas saw double-digit home price gains in Q1
Amid widespread annual home price growth, 89% of all metros saw double-digit price gains, according to the National Association of Realtor's First Quarter Metro Home Prices report
by Lillian Dickerson May 11
5 trends that will dominate the future rental market
The suburbs will likely continue to be popular, but who owns and lives in the houses may change, according to panelists at the Urban Land Institute's virtual Spring Meeting conference
by Jim Dalrymple II May 11
End of mortgage payment relief looms for 2.2M homeowners
The share of homes in forbearance continues to dwindle, but many owners haven't made a payment in 12 months or more
by Matt Carter May 10
Fannie, Freddie must curb appetite as demand for second homes soars
The trend toward remote work, along with the rising value of stock portfolios and home values, has fueled the demand
by Matt Carter May 10
Hybrid work, shifts to affordable cities likely to be long-term trends
As many as 60% of companies may consider a mix of remote and in-office work, which would have major implications for the housing market, panelists said during a session of the Urban Land Institute's virtual Spring Meeting conference
by Jim Dalrymple II May 10
Bad jobs report could hold silver lining for housing
The Fed now has justification to keep a tight lid on interest rates. But some fear that if employers are forced to raise wages too quickly, that could spark inflationary pressures and spook bond investors
by Matt Carter May 7