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
Sale-to-list price ratio hits all-time high: Redfin
During the 4-week period ending Feb. 28, the median home sale price and the 4-week rolling average of median asking price on newly listed homes also hit new highs
Construction and real estate employment fall in Feb. jobs report
Construction employment declined by 61,000 as the real estate industry yearns for more housing
by Patrick Kearns Mar 5
Just how impressive is Compass' $3.7B 2020 revenue?
The company revealed yearly revenue numbers that would make most real estate companies green with envy. But not top rival Realogy
by Patrick Kearns Mar 4
Refinance loans spur 14-year high in lending activity
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000
Rocket Companies stock soars, plummets amid Reddit-driven volatility
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3
Study: Women pay higher mortgage rates than men in all but one state
Only 1 state in the US was found to offer lower interest rates to women than men, on average, for a 30-year, fixed-rate mortgage, according to mortgage tech company Own Up
What do retirees want? Short-term-rental-free communities
A growing number of luxury communities are banning short-term rentals for residents' peace of mind
by Marian McPherson Mar 2
Lower credit usage among renters signal recovering market: Study
TransUnion's 2021 Rental Housing Financial Impact Study shows renters' smart financial decisions are helping to stabilize a volatile market
by Marian McPherson Mar 2
EXp World Holdings' boom period continues
As the world worked from home in 2020, the parent company of the virtual cloud-based brokerage saw revenue grow 84%
by Patrick Kearns Mar 2
Home prices skyrocket, surpass all predictions: CoreLogic
Amid the sky-high growth, 76% of U.S. non-homeowners said that they have no plans to buy in the next 6 months
Century 21 at 50: What’s in store for the brokerage’s golden year
As Century 21 approaches its 50th anniversary this year, the company faces unique challenges when it comes to technology and brand relevance
The South and Midwest rule Rent.com's cheapest cities list
Springfield, Missouri, topped Rent.com's cheapest cities list, with the average rent for a two-bedroom clocking in at $826
by Marian McPherson Mar 1
What’s driving the real estate inventory crisis? These 5 trends
This situation isn't just pandemic-related — the inventory crisis has been a decade in the making, driven by five major trends that are unlikely to change
by Michael Simonsen Feb 27
Affordable housing crisis deepens for communities of color amid COVID-19
On top of a slew of far-reaching problems, a widespread lack of affordable housing is exacerbated by the COVID-19 pandemic and the resulting layoffs and job losses — and it's devastating communities of color
by Christopher G. Cox Feb 26