Real Estate Markets & Economy
In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June
The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April
But an estimated 2.1 million homeowners are still taking a break from mortgage payments
Drop in purchase loan originations may be another sign the market is topping off
Low mortgage rates and a historic inventory shortage is leading to an ultra-competitive market in most American cities
Despite continuing to suffer losses in the wake of the pandemic, Airbnb's CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand.
US Sen. Joe Manchin, a Democrat, and Shelley Moore Capito, a Republican, discussed making deals across the aisle at the National Association of Realtors' midyear conference
Leading industry analysts shared with Inman their evaluations of Compass's earnings and how the path to profitability could impact agents
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up
The company, which went public last year, pulled in $49.6 million between January and March — a 72 percent increase year over year
A weekly Freddie Mac survey doesn't fully reflect new data that's pushed rates up this week on inflation worries
New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market
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
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
'Robust demand' for purchase loans continues to be constrained by scarce listings and shortages of buildings materials, according to the Mortgage Bankers Association
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
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
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