February sees record new bookings for short-term rentals: AirDNA
While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA
by Lillian Dickerson Mar 12
Everyone is moving to Florida! Or maybe they aren't
Despite narratives about buyers flocking to Florida, data from Atlas Van Lines and Florida's 2020 Demographic Estimating Conference suggest the migration patterns are negligible
by Lillian Dickerson Mar 12
IBuyers continue to see massive financial losses: DelPrete
Opendoor’s record-low selling costs dropped from 3% to 2.1%, which is likely the result of Opendoor continuing to push down buyer's agent commissions offered on its houses
by Mike DelPrete Mar 10
Share of mortgages in forbearance dropped 3 points at end of February
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28% of loans in forbearance
What happens when 'meme traders' go after mortgage stocks?
Rocket Companies and LoanDepot briefly followed the trajectory of GameStop this month, seeing share prices spike simply because jokey online traders targeted their shares
by Jim Dalrymple II Mar 5
Sale-to-list price ratio hits all-time high: Redfin
During the 4-week period ending Feb. 28, the median home sale price and the 4-week rolling average of median asking price on newly listed homes also hit new highs
Compass’ path to profitability is uncertain: Mike DelPrete
Compass is losing less money per transaction as it scales, but it's still losing a lot of money, making a path to profitability uncertain
by Mike DelPrete Mar 4
Rocket Companies stock soars, plummets amid Reddit-driven volatility
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3
Study: Women pay higher mortgage rates than men in all but one state
Only 1 state in the US was found to offer lower interest rates to women than men, on average, for a 30-year, fixed-rate mortgage, according to mortgage tech company Own Up
Home prices skyrocket, surpass all predictions: CoreLogic
Amid the sky-high growth, 76% of U.S. non-homeowners said that they have no plans to buy in the next 6 months
What’s driving the real estate inventory crisis? These 5 trends
This situation isn't just pandemic-related — the inventory crisis has been a decade in the making, driven by five major trends that are unlikely to change
by Michael Simonsen Feb 27
Mike DelPrete: The top threat to real estate portals
There is one significant risk — an achilles heel — to portals: They don’t control their inventory
by Mike DelPrete Feb 24
Beyond the headlines: Sales rise as inventory further wanes
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into February's housing data releases and predicts how the market will fare
by Matthew Gardner Feb 23
America's hottest neighborhoods: Bouldin Creek in Austin, Texas
Bouldin Creek has old homes, fun shops and a laid-back vibe. It's also right in the heart of one of America's buzziest cities
by Jim Dalrymple II Feb 22
Everything you need to know about showing management platforms
The showing management space have never been more crowded. That's a boon to agents — as long as they can wade through their many options
by Jim Dalrymple II Feb 22
A median home in the United States now costs $330,500: Redfin
According to Redfin's latest survey, home prices surged 14% while sales grew by 20%