Banks offer exposure to mortgage risk — and investors want in
The new bond products offer higher yields in a low-interest-rate environment; but if the loans go bad, investors are on the hook
by Daniel Houston Jul 29
Fed will keep buying $40 billion in mortgages every month
As Fed's balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic
by Matt Carter Jul 29
Pending home sales fall further than expected in June
Pending home sales dropped 1.9% in June, and 1.9% year over year to an index of 112.8, according to the National Association of Realtors' Pending Home Sales Index
by Lillian Dickerson Jul 29
NYC agents to Dottie Herman: We're not afraid to walk in the city
Douglas Elliman's CEO told Fox Business that the rising crime rate is threatening NYC's real estate rebound, but agents who spoke with Inman on Thursday largely disagreed
by Libertina Brandt Jul 28
'Are we in another housing bubble?': Home price growth hits new high
Annual home price growth reached an all-time high of 18% in May, according to the Federal Housing Finance Agency's latest home price index report
by Marian McPherson Jul 28
Foreign buyers may soon swoop back into US housing market
International buyers were less involved in the US housing market during the first year of the pandemic — but that may soon change
by Daniel Houston Jul 28
Drop in mortgage rates spurs refis, but not home sales
With rates on 15-year mortgages hitting a record low, requests to refinance accounted for two-thirds of mortgage applications
by Matt Carter Jul 28
Virtual brokerage Real plans to add thousands of agents, CEO says
Tamir Poleg also believes the currently wild housing market may calm down in the near future, but he doesn't believes there's a bubble forming
by Jim Dalrymple II Jul 27
Home price growth sets new record, continuing 12-month streak
Home prices rose 16.6% in May, according to Case-Shiller US National Home Price Index
Landlords are ditching their rental properties and cashing out
Rising home prices are causing landlords to choose between equity or cash flow. For those deciding to list, earnings are substantial, investment property owners told Inman
by Libertina Brandt Jul 27
New home sales plunge to 14-month low in June
New residential sales declined 19.4% from June 2020, according to the US Census Bureau's latest report on Monday.
by Marian McPherson Jul 26
'Work your community': How new agents can adapt to a slowdown
Members of the Inman Coast to Coast Facebook group recently shared tips for new agents on how to change with the times as the market experiences a moderate slowdown
by Lillian Dickerson Jul 26
Matterport finishes first day of trading slightly down
The 3D imaging company's shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company
by Jim Dalrymple II Jul 26
Selling to buy? It should get easier in coming weeks, report says
Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report
by Daniel Houston Jul 23
Canadian luxury market beginning to normalize: Engel & Völkers
Trends like multigenerational living, buying second homes and moving to more rural areas may remain popular in the Canadian luxury real estate market for the long haul, according to Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market Report
by Lillian Dickerson Jul 23
With home prices slow to fall, would-be buyers are getting squeezed out
People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report
by Daniel Houston Jul 23