Build-to-rent operators are trading rent cuts for perks and experience
Free rent isn’t gone, but it’s no longer the main attraction
by Nick Pipitone Mar 17
Lake Homes Realty branches out with new firm for mountain homes
The standalone brokerage will service clients across 21 states to start, with a focus on homes at elevation, with a mountain view, or those within a community shaped by the mountains
by Lillian Dickerson Jun 18
Fairway Independent Mortgage buys itself a new Midwest division
Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway Independent Mortgage as a division manager
by Matt Carter Jun 11
Traverse City luxury condos poised to set new price threshold
The turnkey penthouses would be ideal for second-home buyers, developer Andrew McCarthy said. They will be completed in late summer 2025 and are asking $2.95M and $3.25M, respectively
by Lillian Dickerson May 14
Renting becomes sign of wealth as many opt against homebuying
Cities in California, North Carolina, Florida and New York have seen a surge in wealthy renters compared to pandemic numbers
by Richelle Hammiel Mar 11
Black households led first-time homebuyer market in 2024
Despite a nationwide dip in first-time homeownership, Black buyers have bucked the trend in 2024, leading the market with 62% purchasing their first home, according to Zillow
by Richelle Hammiel Feb 20
LoanDepot adds to its stable of homebuilder joint ventures
Partner in Ridgeland Mortgage, Smith Douglas Homes, went public in January and targets price-conscious entry-level and empty-nest homebuyers in the South and Southeast
by Matt Carter Nov 5
Redlining settlement wouldn't resolve 1st Amendment questions
The CFPB claimed statements made by hosts of Townstone Financial's AM radio call-in show and podcasts discouraged Black Chicago residents from applying for a mortgage
by Matt Carter Oct 25
Fairway blasts federal regulators in $10M redlining settlement
Nation's third biggest lender casts itself as a victim of politics, noting Consumer Financial Protection Bureau launched its investigation the day after Biden Administration took office
by Matt Carter Oct 16
Data points to another mortgage boom if rates continue to tumble
If mortgage rates fall by another percentage point, ICE Mortgage sees homebuyers' monthly payment dropping by $236 and nearly 7.2 million homeowners 'in the money' for a refinance
by Matt Carter Sep 4
How agents can bridge the 'haves and have nots' housing market
Zillow Senior Economist Orphe Divounguy says it will be up to agents to bring sellers with unrealistic expectations about what the market will bear back down to Earth
by Matt Carter Jul 31
Falling mortgage rates have yet to translate into pricier home sales
Applications for purchase mortgages dropped last week for the 2nd week in a row as rising home prices continue to shut many would-be homebuyers out of the market: MBA survey
by Matt Carter Jul 24
Economists predict big slowdown in home price appreciation
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford. Prices are already coming down in some markets
by Matt Carter Jul 23
Landing acquires flexible rental platform Barsala for $30M
The new deal will allow Landing, a flexible living platform, to add 1,000 new units across its Autopilot program, which provides furnished, flexible living spaces for multifamily buildings
by Ben Verde Mar 28
Rent is now more affordable than buying in every major US market
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000
by Ben Verde Mar 26