Real Estate Markets & Economy
Nationwide builder sentiment fell by 5 points to 75 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index
Shifts in demographics and geographies will reshape how Americans think of housing, new data from the US Census Bureau shows
The short-term rental giant lost $68M between April and June — a vastly smaller sum than the $1B it lost a quarter earlier, according to earnings figures released Thursday
But the latest numbers, provided by OJO Labs, do hint at possible improvements in the ongoing inventory shortage
Mortgage rates on 30-year loans rose this week for the first time in over a month after the latest jobs report came in better than expected
The median existing single-family home price rose 22.9% year over year during the second quarter, to $357,900, an increase of $66,800 from the year before, according to NAR
The iBuyer also experienced a loss of $144M between April and June and sold a total of 3,481 homes
The company also saw its agent count grow to 2,451, up 126% year over year, according to earnings figures released Tuesday
Rise in FHA purchase applications suggests more first-time buyers are navigating high prices, tight inventories
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
4.7% of mortgages were in a state of delinquency, unchanged since last month
Loan servicers must attempt to work with borrowers before initiating foreclosure proceedings
The brokerage lost $7M last quarter, a vast improvement over both the previous quarter and last year. The results earned plaudits from investors
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position
After five consecutive months of record home prices, the market appears to be plateauing, according to several key indicators
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
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