Picture of HUD Secretary Scott Turner speaking at a podium.
The moratorium on foreclosures and evictions for wildfire victims with FHA-backed single-family mortgages will be extended until July 7, 2025, HUD announced Thursday
Want to get more for your sellers? List in late May
Despite a slow start to the year, Zillow's latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600
by Marian McPherson Mar 6
Middle East and Asia drove global residential luxury growth last year
Despite global uncertainties, the wealthy continue to show interest in investing in real estate, Douglas Elliman and Knight Frank's The 2025 Wealth Report shows
Homebuyers and homeowners jump on big drop in mortgage rates
Requests to refinance surged 37% last week and were up 83% from a year ago after the biggest 1-week decline in mortgage rates since November, the MBA's latest weekly lender survey shows
by Matt Carter Mar 5
Democrats weighing government shutdown to protest DOGE cuts
As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to HUD, FHA and Ginnie Mae workforce and programs
by Matt Carter Mar 4
Trump orders boost in US timber production, foreign lumber probe
President Donald Trump on Saturday signed an order aimed at increasing US timber production and launched an investigation into the risks that foreign lumber imports pose to national security
by Richelle Hammiel Mar 3
Agents are less confident about client pipelines, but positive overall
Early results from February's Intel Index survey show agents pulling back slightly from confidence they had in recent months about buyer and seller client pipelines improving in the next year
Inflation is cooling. But is the economy about to crash?
After moving in the wrong direction for 3 months, annual inflation cooled to 2.5% in January. But the biggest drop in consumer spending since 2021 has 1 model predicting a shrinking economy
by Matt Carter Feb 28
Florida housing market hits record inventory, Redfin says
At the end of January, there were 172,209 homes on the market — the most Florida has ever seen. That's a 22.7% jump from last year, according to Redfin's data analysis
by Richelle Hammiel Feb 28
Rocket Homes off the hook as Trump's CFPB drops lawsuits
Dec. 23 RESPA complaint that accused Rocket Homes of favoring real estate agents who steered clients to Rocket Mortgage is dismissed 'without prejudice' by the CFPB's new leadership
by Matt Carter Feb 27
Redfin on the upswing after Zillow deal despite widening Q4 losses
Redfin posted double-digit revenue growth in Q4 earnings Thursday. The company's $100M Zillow rental syndication deal has opened the door for greater advertising spend, CEO Glenn Kelman said
by Marian McPherson Feb 27
Opendoor saw rising losses in Q4, but managed to boost revenue
The iBuyer's $1.1B in Q4 revenue wasn't enough to offset a loss of $113M. However, CEO Carrie Wheeler said the company entered 2025 as 'a leaner, more efficient business'
by Jim Dalrymple II Feb 27
Matterport lost $256M in 2024 as it continued scaling before merger
Total revenue was $169.7M, up 8% compared to a year earlier, boosted by its 1.2 million subscribers as the company bolstered its ongoing revenue streams
by Taylor Anderson Feb 27
CoStar Group looks to hire 1K employees in 2025
CoStar Group announced plans on Monday to add 1K new employees to its Richmond, Virginia, campus. The hiring push also comes with cuts to a number of unspecified teams
by Marian McPherson Feb 27
Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6% to 70.6 in January, marking an all-time low, according to NAR data
by Richelle Hammiel Feb 27
Home values have surged at 2X the normal rate since pandemic
Since 2020, US home values have risen by 45.3%, meaning more than 10 years of typical home value growth has been packed into a 5-year period, a new report from Zillow shows
by Lillian Dickerson Feb 27