Nearly 45% of homes in the country were considered equity rich, up from 41.9% in the fourth quarter. But the rising values are creating barriers for first-time buyers
Executives say layoffs will save the company about $30M a year and help it bring its technology to bear on purchase mortgages
Demand for purchase mortgages increases for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans
The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home
Foreclosure completions saw the most dramatic decrease of the month, dropping 36 percentage points with lenders repossessing 2,830 properties
Mortgage lender suspends its quarterly dividend after posting a $91.3 million first quarter loss
Title insurance premiums surged 36% in 2021 to a record $26.2B as low mortgage rates spurred refinancings, according to an analysis by the American Land Title Association
A record low 19 percent of Americans say it's a good time to buy a home, according to a monthly survey Fannie Mae's been conducting since 2010
15 percent of homesellers dropped their asking price during the four-week period ending May 1, compared to nine percent of sellers last year
Many real estate companies did very well during the first quarter of 2022, but their leaders also repeatedly mentioned the specter of 'headwinds' on the horizon
Lenders saw much of what was left of their refinancing business evaporate as rates climbed to their highest levels in nearly 13 years
Real estate employers — a category that includes brokerages — added 6,100 jobs in April, a rate that matched national monthly jobs growth
After 8 years, California-based iBuyer Opendoor reached profitability while logging a new revenue high of $5.2B, according to an earnings report released Thursday
The company reported soaring revenues in the first quarter of 2022 but also continued its Zillow Offers wind-down, which the company said has entered its final days
Lawrence Yun predicted this year's housing market will see declining sales, rising home prices and an American Dream increasingly out of reach
The company's expansions come on the heels of its second straight profitable quarter.