3D tour giant Matterport makes its stock market debut
The company will begin selling shares via a SPAC merger at a moment when interest in 3D tours is surging — and when more competitors are inching onto Matterport's turf
by Jim Dalrymple II Jul 23
Opendoor's mortgage attach rate jumps, but at what cost? Mike DelPrete
For any company attempting to generate profits from adjacent services, and there are a lot, mortgage remains hard. It is no panacea for profitability
by Mike DelPrete Jul 22
Mortgage rates hit new all-time low for 15-year loans
Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory; rates for 30-year loans dipped as well
by Daniel Houston Jul 22
Median existing-home price sails to record high
The median existing-home sales price rose 23.4% year over year, propelling the median price to $363,300, the highest on record, according to the National Association of Realtors
Investor home purchases exceed pre-pandemic levels, hit record high
Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to data released Thursday by Redfin
by Lillian Dickerson Jul 22
1M homeowners face elevated risk of foreclosure when protections lift
Delinquency rates are at the lowest level since the pandemic began, but borrower protections are lifting in September: Black Knight
by Matt Carter Jul 21
Condo prices jump more than 20% as sales rebound across the US
A new Redfin report found that the median price of a condo hit an all-time high of $304,000 in June
Builder confidence curbed in July by continued supply-side roadblocks
Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July, according to a new report
by Lillian Dickerson Jul 21
Americans still want to relocate — even as pandemic fears dwindle
The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1% during the second quarter, up from 27.6% a year earlier
by Lillian Dickerson Jul 21
The market is slowing: doldrums or shift?
Opinion
There is no doubt that the market is slowing. The big question is, 'Are we seeing the normal summer slowdown, or is this the long-anticipated shift?'
by Carl Medford Jul 20
New single-family housing starts ramp up 6% in June: Census Bureau
The increase in housing starts is a welcome gift, but experts say builders aren't yet betting recent improvements in materials costs are here to stay for the long term
by Lillian Dickerson Jul 20
Rent prices skyrocket across the country: CoreLogic
Phoenix once again saw rent prices increase more than any other metro
Signs of seasonal inventory growth return in strained housing market
The number of homes for sale rose in June for the second consecutive month but remained far from a full recovery to pre-pandemic levels
by Daniel Houston Jul 19
If home prices don't cool, watch for Fed tightening and rising mortgage rates
Fannie Mae economists warn rising rents and record home price appreciation could help fuel inflation
by Matt Carter Jul 19
New restrictions on Fannie, Freddie refis blamed for tighter mortgage credit
After 6 months of easing, credit availability tightened by 8.5% in June
by Matt Carter Jul 16
Transitioning into summer, high-end properties are seeing a cool down
As the official start to summer approaches, agents say the market is less chaotic, and more high-end luxury properties seem to be available and lingering on the market
by Lillian Dickerson Jul 16