Builder confidence dips slightly in June — to lowest level since August
The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo
by Lillian Dickerson Jun 15
Rent prices growing faster than pre-pandemic levels: CoreLogic
Rent for a single-family home grew by 5.3% across the country in April, according to the latest report from CoreLogic
Homeowners are losing their enthusiasm for refinancing
After pullback in rates, decline in refis 'seems to have more to do with borrower psychology'
by Matt Carter Jun 14
Opendoor CEO Eric Wu: Most online buyers still rely on agents
At Inman Connect on Wednesday, Wu told Brad Inman that while users are increasingly comfortable selling their homes directly online, most buyers still lean on agents
by Daniel Houston Jun 11
After buying frenzy, demand for second homes comes down to earth
New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties
by Daniel Houston Jun 10
Offerpad is a more profitable flavor of iBuying: Mike DelPrete
Offerpad's latest financials strongly suggest that a less venture-funded, less tech-enabled, more real estate-focused, and less breakneck version of iBuying can be (almost) profitable
by Mike DelPrete Jun 10
Mortgage rates stable heading into next week's Fed meeting
New inflation numbers, tapering of Fed's mortgage bond purchases likely to be on agenda next week
by Matt Carter Jun 10
Average homeowner gained $33,400 in equity last year: CoreLogic
This number represents a 19.6% increase year-over-year, and the highest annual gain in at least a decade
Amid housing shortage, investors double down on prefab startups
Construction startups have raised $1.5 billion since the start of this year as builders rush to address the shortage, according to Crunchbase
by Daniel Houston Jun 9
Share of LGBTQ buyers and sellers hasn't grown since 2015: NAR
The share of LGBTQ homebuyers and sellers has remained at 4 percent since 2015, according to NAR. Lower household incomes and less access to affordable housing are 2 of the largest barriers
by Marian McPherson Jun 9
Offerpad sees dip in revenue as it preps for public debut
The iBuyer's revenues were down year over year, but up compared to the end of 2020. The company is also nearing completion of a merger that will allow it to begin publicly selling shares
by Jim Dalrymple II Jun 9
A mortgage application on a computer screen
Requests to refinance accounted for 6 out of 10 applications
by Matt Carter Jun 9
Out-of-town movers head for cheaper areas with larger homes
A greater share of movers than usual left the suburbs for more rural neighborhoods in 2020, according to a new study released Tuesday by Zillow
by Daniel Houston Jun 8
Mortgage delinquency rates continue to improve: CoreLogic
While on the decrease from past months, mortgage delinquencies are still up 1.3 percentage points from last March
Inventory shortage sends home prices soaring at record rate
14.8% annual home price growth is the highest seen in Black Knight data going back nearly 30 years
by Matt Carter Jun 7
Jeremy Wacksman
In a recent podcast appearance, Zillow Chief Operating Officer Jeremy Wacksman argues the housing market's fundamentals are strong
by Daniel Houston Jun 7