Mortgage lenders deal more purchase loans amid fewer refis
The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year but lost ground on the refinancing side
by Daniel Houston Aug 18
Compass nears profitability, outperforms competition: Mike DelPrete
The hot real estate market has fueled strong growth across the industry. Compass' growth is noteworthy, and it demonstrates that though the industry moves slowly, some players move faster than others
by Mike DelPrete Aug 18
Single-family housing starts take unexpected hit in July
Despite a decline in starts, which reflected curbed confidence in June amid mellowing lumber prices, experts said gains made in permit applications were a positive sign
by Lillian Dickerson Aug 18
Summer housing slowdown brings bidding wars back to earth
Competition eased throughout the nation for Redfin agents, who reported only 60% of their offers were part of a bidding war in July
by Daniel Houston Aug 17
Builder confidence drops to lowest level in more than a year
Nationwide builder sentiment fell by 5 points to 75 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index
Demand for second homes drops for second-straight month
Second-home demand fell 21% in July from the previous year, according to a report released on Tuesday by tech-powered brokerage Redfin
by Lillian Dickerson Aug 17
Rent prices rise at highest level since 2005: CoreLogic
Rent for a single-family home rose 7.5% year over year in June
United Wholesale Mortgage purchase loan business up 288%
CEO Mat Ishbia champions mortgage brokers as key to future growth
by Matt Carter Aug 16
The US is getting more diverse — and moving to the West
Shifts in demographics and geographies will reshape how Americans think of housing, new data from the US Census Bureau shows
by Jim Dalrymple II Aug 16
Airbnb slashes losses, sees 299% rise in revenue in Q2
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
by Jim Dalrymple II Aug 12
Half of homes sold over list price in July: Study
But the latest numbers, provided by OJO Labs, do hint at possible improvements in the ongoing inventory shortage
by Jim Dalrymple II Aug 12
Healthy jobs report drives up mortgage rates for first time in weeks
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
by Daniel Houston Aug 12
Home prices jump by double digits across nearly every US metro
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
by Lillian Dickerson Aug 12
Opendoor reports $1.2B in revenue, beats expectations in Q2
The iBuyer also experienced a loss of $144M between April and June and sold a total of 3,481 homes
by Jim Dalrymple II Aug 11
Virtual brokerage Real sees significant revenue growth in Q2
The company also saw its agent count grow to 2,451, up 126% year over year, according to earnings figures released Tuesday
by Jim Dalrymple II Aug 11
Buyer demand for mortgages jumps for first time in almost a month
Rise in FHA purchase applications suggests more first-time buyers are navigating high prices, tight inventories
by Matt Carter Aug 11