Compass CEO: There's 'incredible' demand from foreign buyers
Robert Reffkin also said he expects the New York City real estate market to rebound and that housing in general should thrive in the near-term future
by Jim Dalrymple II Aug 10
Mortgage delinquencies stay low in June: CoreLogic
4.7% of mortgages were in a state of delinquency, unchanged since last month
1.7M homeowners still in forbearance as protections expire
Loan servicers must attempt to work with borrowers before initiating foreclosure proceedings
by Matt Carter Aug 9
Compass dramatically trims losses, sees rocketing revenue in Q2
The brokerage lost $7M last quarter, a vast improvement over both the previous quarter and last year. The results earned plaudits from investors
by Jim Dalrymple II Aug 9
Underwater homeowners gain breathing room as prices climb
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position
by Daniel Houston Aug 9
Home prices show signs of leveling off for first time in months
After five consecutive months of record home prices, the market appears to be plateauing, according to several key indicators
by Daniel Houston Aug 9
As homebuyer sentiment hits new low, some sellers also having doubts
Most Americans don't think prices will be higher in 12 months but that mortgage rates will rise, according to a new Fannie Mae survey
by Matt Carter Aug 9
Are low mortgage rates actually hurting home sales?
Falling mortgage rates have fueled boom in refinancing, but demand for purchase loans has slipped, according to data from Black Knight's July Originations Market Monitor report
by Matt Carter Aug 8
https://www.inman.com/2017/12/26/housing-shortage-softening-buyer-demand-in-major-us-metros/
Real estate employment numbers continued to rise in early July, but some segments of the industry grew faster than others
by Daniel Houston Aug 6
August opens with lower mortgage rates as Treasury yields dip
Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant's potential impact on the global economy
by Daniel Houston Aug 5
Zillow rakes in $1.3B revenue in second quarter, but sees profits slip
The company's net income between April and June clocked in at $10 million — better than one year ago but short of the heights of the past two quarters
by Jim Dalrymple II Aug 5
Annual apartment rent growth, occupancy hit new highs in July
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the US hit $1,549
Groups seize on Biden's skepticism in lawsuit against new eviction ban
Real estate groups leveraged President Joe Biden's comments earlier this week about the new moratorium's chances of surviving in court
by Daniel Houston Aug 5
California's scorching-hot housing market expected to stay 'incredibly competitive'
California Association of Realtors blames lack of supply for 'terrible consequences' on quality of life for potential buyers
RE/MAX sees revenue and agent count inching upward in Q2
New earnings report reveals RE/MAX revenue grew 48 percent year over year by the end of June, while its total number of agents hit 140,201
by Jim Dalrymple II Aug 4
These 5 metros were most popular with buyers in 2020 — here’s why
According to a new report by CoreLogic, homebuyers were on the move in search of more space and fewer people
by Libertina Brandt Aug 4