Real Estate Markets & Economy
The Appraisal Foundation’s Appraisal Standards Board says it needs more time to assess proposed changes designed to close the door to discrimination
In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay
High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said
More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked up again, according to a new report from Redfin
The number of new construction projects for single-family homes dropped by 10% in July, the steepest decline of the year, according to the US Department of Housing and Urban Development
Demand for the lowest-priced homes on the market is now attracting more competition than mid-priced and luxury homes, a reversal of the pandemic market, according to data from Zillow
In a shifting market, the right price is everything. Here's how to make sure you're helping your sellers crunch the numbers effectively from the get-go
Compass has grown rapidly by offering agents shares in the company and in some cases cash. But the company has now cut those perks as the market slows way down
The lender plans to boost revenue by growing purchase loan business and loan servicing portfolio, with digital HELOC also in the works, according to a second-quarter earnings call
The fast-growing brokerage earned $2B in revenue during the second quarter of the year, but also saw losses rise to $101M, according to an earnings report issued Monday
A housing slowdown is underway throughout much of the country. But these 5 local markets may be positioned to weather the storm, according to new data from Moody's Analytics
Opinion
Byron Lazine and Nicole White discuss the Zillow and Opendoor partnership, sinking consumer confidence, and a new segment: Left-Middle-Right
'Buyers are backing off due to rising housing costs and sellers are holding back because they realize they won't get the bidding war they would have gotten six months ago,' said Taylor Marr
Like much of the industry, Zillow's mortgage operation, which includes Zillow Home Loans, has seen a steep decline in revenue and continues to burn cash
West Virginia boasts the largest number of homes currently selling below list price, according to an analysis of Zillow data from the past 12 months from luxury real estate brokerage RubyHome
Fewer homebuyers are facing even a single competing offer. And when buyers find themselves in bidding wars, the field is less crowded, according to a report from Redfin
Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in Q2, but overall numbers point to a housing market in opening stages of a cooldown, report says