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
Drop in mortgage rates not enough to spur homebuyers
Purchase loan applications were down 18% from a year ago during the last week of July
by Matt Carter Aug 4
EXp rakes in $1B in revenue, sees soaring agent count
The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87% year over year, according to a Q2 earnings report released Wednesday
by Jim Dalrymple II Aug 4
In another strong quarter, Keller Williams sees transactions jump 35% over last year
The company's global agent count increased 9.6% year over year as rumors continue to swirl about whether the company will go public this year
by Jim Dalrymple II Aug 3
The top 5 states where institutional investors are gobbling up homes
Corporate buyers were particularly active in Mississippi, where 1 in 9 homes that sold ended up in the hands of an institutional investor
by Daniel Houston Aug 3