'Hidden' homeownership costs locking potential buyers in place
Households have deferred moving, partially due to high 'hidden' homeownership costs such as property taxes, insurance and climate change, according to a report
by Richelle Hammiel Aug 7
Multifamily building permits have dropped 30% since 2021: Redfin
Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday
by Marian McPherson Jul 9
Redfin expands new compensation plan to agents in 25 more markets
With the expansion, Redfin Next is now available to agents in 36 markets nationwide, according to an announcement Friday. Redfin execs said the plan has 'proven to be even better' than expected
by Marian McPherson May 17
Digital insurance marketplace Matic grows mortgage clientele
With new clients including USA Mortgage and New American Funding, Matic says it's doing business with more than 100 lenders and servicers that together process 20% of U.S. home loans
by Matt Carter Apr 19
Mortgage rates lead to biggest pending sales drop since October
A record one-day jump in mortgage rates on Feb. 2 pushed pending sales down 8 percent — the biggest decline since October, according to Redfin's latest market report
by Marian McPherson Feb 8
Patriot Bank denies DOJ redlining allegations, settles for $1.9M
Government alleges competitors in the community bank's peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020
by Matt Carter Jan 19
This city in upstate New York is Zillow's hottest market of 2024
Zillow is once again predicting that more affordable markets will be the ones to watch in 2024, with Buffalo, New York, taking the top spot
by Ben Verde Jan 4
Merger of Lower and Thrive would give Veritex 12.5% ownership stake
The parent company of Veritex Community Bank, which paid $54.9M to acquire a 49% interest in Thrive Mortgage in 2021, expects $25M to $30M loss if planned merger deal closes next year
by Matt Carter Dec 14
Park National Bank latest lender to settle federal redlining charges
The Ohio bank's $9M pledge to promote ownership in Black and Hispanic areas is the 6th since the DOJ launched an initiative to combat redlining in 2021 that has generated $84M in relief
by Matt Carter Mar 3
The 10 hottest housing markets to watch in 2022
The top US housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late
That '70s home: Colorful carpet lines every room of Ohio house
The home, listed for sale at an asking price of $325,000, has garnered attention for a previous owner's unusual decor choices
by Daniel Houston Dec 1
Pocket listings are still around, but the off-market landscape is evolving
Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings are as strong as ever. This is Inman's first story in a 5-part series
by Jim Dalrymple II Nov 1
Offerpad launches in 106 central Ohio cities, including Columbus
The publicly traded iBuyer has launched its services in the Columbus metro area, bringing its number of markets to 21
by Daniel Houston Oct 5
Offerpad expands to 4 markets in Midwest, Southeast
In the second half of the year, the iBuyer will launch its services in Columbus, Ohio; Kansas City and St. Louis, Missouri; and Columbia, South Carolina
by Lillian Dickerson Jun 22
Nearly half of US homes are selling ridiculously fast, less than a week
In April, 47% of homes for sale in the US went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas
by Jim Dalrymple II May 21