Moving at 'breakneck speed,' Redfin posts unexpected revenue growth
After announcing 8% year-over-year revenue growth, CEO Glenn Kelman said 'it would be hard to overstate how strong' the housing market is right now
by Jim Dalrymple II Jul 30
National median listing price reaches new high amid pandemic
The national median listing price reached $349K in July — the highest price hike since November 2018, according to realtor.com's latest market report, released Thursday
by Marian McPherson Jul 30
Residential investments dropped nearly 40% in Q2
Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise, according to new data released Thursday
by Patrick Kearns Jul 30
Fannie Mae earnings reveal a steadying housing market
Only 5.7% of the single-family loans guaranteed by the GSE were in forbearance at the end of the second quarter, down from 7% at the end of the previous quarter
by Patrick Kearns Jul 30
Pending home sales signal strong market for July and August
The National Association of Realtors' Pending Home Sales Index increased 6.3% year over year in June, according to data released Wednesday
by Patrick Kearns Jul 29
Mortgage applications decrease, fueled by rise in FHA rates
Mortgage applications decreased 0.8% week over week, even as rates stayed near historic lows, according to data released Wednesday by the Mortgage Bankers Association
by Patrick Kearns Jul 29
Trends, strategies and apps that'll shape business in 2020
What are the most important trends to watch? How can agents make sure they thrive in this new normal? What are some noteworthy apps to consider? These distinguished female real estate leaders share their best tips
by Bernice Ross Jul 29
Stocks dethrone real estate as Americans' favorite way to invest
Older and younger millennials differ on whether they prefer stocks or real estate
by Andrea V. Brambila Jul 28
US homeownership rate hits near 12-year high — or did it?
New data from the Census Bureau indicates that the homeownership rate surged to its highest point since the third quarter of 2008, but a change in data collection methodology may have impacted the results
by Lillian Dickerson Jul 28
Earnings calls will reveal impact of COVID-19 on Zillow, Redfin, Realogy
Company earnings this week and next will likely provide insight in the coming weeks into how big an impact the coronavirus pandemic has had on real estate. Here's what to expect
by Patrick Kearns Jul 28
Mortgages in forbearance drop for sixth week in a row
The number of mortgage loans in forbearance declined by 6 basis points, from 7.80% the previous week to 7.74%, marking the sixth consecutive week loans in forbearance dropped
by Lillian Dickerson Jul 28
Home price gains hold steady in May
Home prices rose 4.5% in May, down slightly from a month ago, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index
by Patrick Kearns Jul 28
Making sense of the headlines: Will home prices rise in 2020?
Opinion
Windermere Chief Economist Matthew Gardner takes a look at home sales and gives his outlook on home prices for the remainder of 2020
by Matthew Gardner Jul 28
Homebuyer activity surges for second straight month in June
Active listings saw 50% more home showings on average last month, ShowingTime says
by Andrea V. Brambila Jul 27
Mr. Cooper
Even as home prices continue to appreciate, consumers have more spending power due to low mortgage rates, according to a survey released Monday by First American
by Patrick Kearns Jul 27
Renters will be hardest hit by an end to unemployment benefits: Zillow
Over 30 million people currently receiving benefits stand to lose $600 per week, launching the percentage of renter households facing a severe housing burden from about 3% to 41%
by Lillian Dickerson Jul 27