Mortgage rates may level off as Fed unveils details of tightening plan
Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet
by Matt Carter May 4
Offerpad stays profitable for second quarter in a row
The iBuyer earned about $41M in profit during the first 3 months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday
by Jim Dalrymple II May 4
Realtors get inside look at Capitol Hill politics, including Roe v. Wade
At the NAR midyear conference, journalists Anna Palmer and Jake Sherman answered Realtor questions on abortion, Trump, Biden, the Capitol attack and the upcoming midterm elections
Is now a good time to buy a home? Agents confront mortgage riddle
Buyers have watched mortgage rates shoot from 3% to 5% this year alone, and that common refrain — 'Is it really the best time to buy?' — is always top of mind for clients, agents told Inman
by Daniel Houston May 4
Purchase loan demand perks up as mortgage rates plateau
Uptick in loan requests is 'potentially a good sign for the spring home buying season, which has seen a slow start thus far' says MBA forecaster Joel Kan
by Matt Carter May 4
Mr. Cooper lays off originators while mortgage servicing business booms
Sale of Xome subsidiary could be in the works as lenders boost foreclosure filings and auction platform's distressed property inventory swells to record levels
by Matt Carter May 3
Secondary markets drove home price growth in Q1: NAR
The National Association of Realtors' latest quarterly housing market report revealed buyers' search for cheaper housing led booming home price growth in Florida and other smaller markets
by Marian McPherson May 3
Opendoor launches in Detroit and Southwest Florida
The iBuyer is also deepening its market reach in the Portland, Oregon, area following an expansion last month into the Northeast
Women lead the way in Asian-American homeownership growth
Women and millennials led the majority of Asian American and Pacific Islander homeownership growth in 2021, according to Realtor.com's latest housing study
by Marian McPherson May 2
Berkshire Hathaway sees real estate income plummet
The operator of Berkshire Hathaway HomeServices saw net income from real estate fall 75% year over year, according to earnings released at so-called 'Woodstock of Capitalism' this weekend
by Jim Dalrymple II May 2
Housing affordability races toward levels not seen since 2006 bubble
If mortgage rates rise by another half a percentage point — or if home prices go up another 5% — affordability will hit the worst levels on record, Black Knight warned on Monday
by Matt Carter May 2
Foreclosures drive 53% listings growth on auction site Hubzu
Site operator Altisource posts its first quarter of sequential revenue growth in nearly 3 years, according to a quarterly earnings call Thursday
by Matt Carter Apr 29
Josh Albertson, who shepherded growth as Inman CEO, bids farewell 
In a Linkedin post on Friday, Albertson, who navigated COVID's effect on editorial coverage and live events, struck an optimistic note while passing the torch to new CEO Emily Paquette
by Inman Apr 29
RE/MAX revenue jumps in Q1 thanks to rising home prices
The company turned a profit during the first quarter of the year, though its agent count only ticked upward modestly, according to earnings released Thursday
by Jim Dalrymple II Apr 28
Here's why 73% of Americans hate their neighbors
Bad vibes, rowdy pets and loud noises: LendingTree's latest consumer survey reveals the source of neighborly beefs
by Marian McPherson Apr 28
The US economy's run stalls, but real estate forges ahead
The nation's gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment
by Daniel Houston Apr 28