With focus on mortgage business, Zillow launches 'BuyAbility' tool
Zillow releases a new 'BuyAbility' tool it says helps consumers find homes they can actually afford to buy after accounting for more variables
by Taylor Anderson Nov 19
The 3 housing regions blazing the most extraordinary paths: Intel
A sleeping giant righting the ship. A crown-jewel destination still in freefall. And a white-hot zone trapped in a low-inventory quagmire. These are the 3 strangest housing regions in the US today
by Daniel Houston Nov 18
US credit ratings could soon be another worry for mortgage rates
Rating agencies are keeping a close eye on whether politicians in the nation's polarized Capitol will rise to challenges including the $34.8T national debt, debt ceilings and inflation
by Matt Carter Nov 14
5 reasons to get excited about your business heading into 2025
What doesn’t kill us makes us stronger, Real's Jimmy Burgess writes. Be more prepared than ever to see life-changing growth in your business in the coming year
by Jimmy Burgess Nov 14
Latest CPI reading leaves door open for December Fed rate cut
October Consumer Price Index report isn't having a big impact on mortgage rates, as investors who fund most home loans doubt the Fed will have much room to bring rates down next year
by Matt Carter Nov 13
Rocket boosts market share, posts $481M Q3 loss on writedowns
Looking beyond paper writedowns in the fair value of its mortgage servicing rights, CEO Varun Krishna is pleased as Q3 mortgage originations climb 28% from a year ago
by Matt Carter Nov 12
Homebuyer challenges offer an opportunity for lenders: JD Power
Survey finds lenders that have remained staffed up and invested in digital processes that streamline the mortgage process are crushing their competitors on customer satisfaction
by Matt Carter Nov 12
Brokerages expect rates to drop. Their clients bank on the opposite
Potential real estate clients are growing less responsive to mortgage-rate dips, one of several key takeaways from the results of the latest Inman-Dig Insights consumer survey
by Daniel Houston Nov 11
Opendoor lays off 300 workers after posting $78M Q3 loss
The San Francisco-based iBuyer bought and sold more homes during Q3 than it did a year ago and trimmed its net loss by 14% from Q2 and 26% from a year ago
by Matt Carter Nov 7
Mortgage rates not expected to budge on latest Fed rate cut
Move was anticipated by investors that fund most home loans, who have been driving up mortgage rates over concerns about inflation and pace of future Fed rate cuts
by Matt Carter Nov 7
Record number of Americans say they'd rather rent than buy
Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy: Fannie Mae survey
by Matt Carter Nov 7
Uncertainty, volatility ahead for housing market under Trump
Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say
by Marian McPherson Nov 7
US home prices rose in 90% of metro areas in Q3, NAR says
The median price for single-family existing homes increased by 3.1% year over year to $418,700, with the 30-year fixed mortgage rate ranging between 6.08% and 6.95%
by Richelle Hammiel Nov 7
Mortgage rates climb as investors weigh impact of election results
Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump's return to the White House will fuel more government borrowing and reignite inflation
by Matt Carter Nov 6
real estate economist
Windermere’s Principal Economist Jeff Tucker looks at how recent events have impacted the October jobs report and what it means for the economy
by Jeff Tucker Nov 5