Rent prices near rare double-digit growth in August: CoreLogic
Year-over-year rent prices surged 9.3% across the country in August, according to CoreLogic's latest Single-Family Rent Index, released Tuesday
Staffing and recruitment among top challenges for property managers in 2021
74% of respondents to a National Apartment Association survey said HR, staffing and recruitment issues were one of their top 3 challenges this year
by Lillian Dickerson Oct 18
Abortion policies are a dealbreaker for 27% of movers: Redfin
Americans are taking a second look at state laws when choosing where to relocate, a new Redfin study released Monday revealed
by Marian McPherson Oct 18
Builder confidence rises for 2nd straight month
Following a drop this summer, builder confidence rose from 76 to 80 points in October
Home sales predicted to close out 2021 with surprising strength
Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7%, to 6.8M
by Matt Carter Oct 15
As list prices continue to soar, not all homebuyers are willing to play ball
Homesellers have been pushing list prices to new heights, but a report released Thursday by OJO Labs indicates buyers aren't as eager to shell out for the pricier pads
by Daniel Houston Oct 15
Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears
The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks
by Matt Carter Oct 15
baby boomer real estate
Baby boomers made gains over first-time homebuyers in the decade before the pandemic, growing to 24% of recent home purchases in 2019, according to a new analysis from Zillow
by Daniel Houston Oct 14
Mortgage rates continue their ascent onward into mid-October
Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey
by Daniel Houston Oct 14
Foreclosures remain low as banks start to churn out post-ban filings
The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels
by Daniel Houston Oct 13
Mortgage rates for home loans hit highest levels since June
Purchase loan applications rose 2% week over week, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey, released Wednesday
by Matt Carter Oct 13
Housing affordability improves for 2nd consecutive month
Thanks to decreases in monthly mortgage costs and a normalizing market, the National Association of Realtor's Affordability Index improved once again in August
by Marian McPherson Oct 12
As Tesla sets its sights on Austin, listing agents near plant shift gears
With news of Tesla bringing its headquarters to Austin and a factory nearing its opening, agents are advising sellers nearby to think big
by Daniel Houston Oct 12
Mortgage delinquency rates approach pre-pandemic levels
Total delinquency rates dropped 4.2 percent in July, 2.3 percentage points lower than the 6.5 percent observed in July 2020, according to new data released Tuesday by CoreLogic
Compass stock, market cap tumbles to new low
The company's shares ended Monday trading at $10.74, down significantly compared to when they debuted about 6 months ago. The drop reduced Compass' valuation to $4.2B
by Jim Dalrymple II Oct 11
Despite risk, California fire zones still see rising home prices
A new study by Redfin found that in the areas impacted by California's 5 largest wildfires between 2010 and 2020, home values grew at a rate of 21 percent, slightly slower than the surrounding markets
by Libertina Brandt Oct 11