High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said. Source: Inman…
Posts published in “Markets & Economy”
More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked…
The number of new construction projects for single-family homes dropped by 10 percent in July, the steepest decline of the year, according to the U.S.…
Demand for the lowest-priced homes on the market is now higher than for mid-priced and luxury homes, a reversal of the pandemic market, according to…
In a shifting market, the right price is everything. Here’s how to make sure you’re helping your sellers crunch the numbers effectively from the get-go. …
Compass has grown rapidly by offering agents shares in the company and in some cases cash. But the company has now cut those perks as…
The lender plans to boost revenue by growing purchase loan business and loan servicing portfolio, with digital HELOC also in the works, according to a…
The fast-growing brokerage earned $2 billion in revenue during the second quarter of the year, but also saw losses rise to $101 million, according to…
A housing slowdown is underway throughout much of the country. But these five local markets may be positioned to weather the storm, according to new…
Zillow and Opendoor’s new partnership may be shocking, but their alliance may work. Experts Byron Lazine and Nicole White discuss what’s next, consumer confidence, and…