5 ways the pandemic mortgage boom has changed the market
Mortgage experts Ann Thompson and Christian Wallace share how the pandemic changed the mortgage market and what it means for today's consumers at Connect Now
by Marian McPherson Mar 16
Rent prices continue to soar across US: CoreLogic
Rent prices are significantly higher than they were at the same time last year, rising by 3.8% nationwide in January, according to a Single-Family Rent Index report released Tuesday
Eyes on Houston: Why the city is becoming a dream location
As an agent, investor and relocation specialist in Houston, Natasha Carroll knows the city's housing market inside out. Here's her take on why Houston is becoming an ideal destination for many
by Victoria Kennedy Mar 16
February sees record new bookings for short-term rentals: AirDNA
While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA
by Lillian Dickerson Mar 12
Everyone is moving to Florida! Or maybe they aren't
Despite narratives about buyers flocking to Florida, data from Atlas Van Lines and Florida's 2020 Demographic Estimating Conference suggest the migration patterns are negligible
by Lillian Dickerson Mar 12
IBuyers still on slow road to recovery: Redfin
IBuyers purchased 0.3% of all homes sold across 418 US metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8% of all homes sold the year before
by Lillian Dickerson Mar 11
New program aims to help build wealth in communities of color
Project REACh aims to address economic disparities that hinder wealth creation in underserved communities by supporting community banks
by Christopher G. Cox Mar 11
Lawmakers, economists worry home price growth will 'choke off' buyers
Economists told Politico the yearslong imbalance of demand and supply will come to a head this year as first-time buyers give up on homeownership
by Marian McPherson Mar 10
Mortgage applications decrease 1%
Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into spring, according to Mortgage Bankers Association
by Lillian Dickerson Mar 10
Share of mortgages in forbearance dropped 3 points at end of February
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28% of loans in forbearance
Is Wall Street taking over real estate?
Opinion
Of the 10 largest real estate firms, eight are now publicly traded. These companies represent 575,000 agents, almost 45% of all Realtors
by Brad Inman Mar 9
While still high, mortgage delinquencies see small decline
5.8% of homeowners fell delinquent on their mortgages in December, compared to 3.7% during the same period in 2019
CDC guidelines may pave the way for open houses, more normalcy
The COVID-19 crisis isn't over, but new guidance gives people significantly more freedom to gather without the encumbrances of the pandemic. That could prove liberating for real estate agents
by Jim Dalrymple II Mar 8
Manhattan landlords warehouse rentals amid slowdown
Critics say the practice by landlords to remove unrented apartments from the market as a cost-saving measure only amplifies the city's housing shortage and is 'unconscionable'
A Hong Kong home is asking a whopping $2M in annual rent
Wharf Holdings Ltd. is leasing out a property in its ultra-exclusive The Peak neighborhood for HK$1.35 million, or approximately $174,000 a month
What happens when 'meme traders' go after mortgage stocks?
Rocket Companies and LoanDepot briefly followed the trajectory of GameStop this month, seeing share prices spike simply because jokey online traders targeted their shares
by Jim Dalrymple II Mar 5