Like its sister company, Freddie, Fannie Mae remained profitable in Q2 despite pressure from inflation, rising interest rates and worsening affordability, according to earnings released Friday. Continue reading
In as much as economists expected rates to rise this year, nobody anticipated how fast they would rise. So what went wrong? Matthew Gardener, chief economist for Windermere Real Estate, lays out what happened and what’s next. Continue reading
Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush. Continue reading
“In the next half of the year, buyers are in a rare position to negotiate prices and deal terms,” a new Canadian luxury market report from Engel & Völkers stated. “Some homes will still command multiple offers, but they will be fewer in number.” Continue reading
A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading
This week, Byron Lazine and Nicole White discuss mistakes agents make when competing, consumer recession fears and the Marketeer. Continue reading
This week, Byron Lazine and Nicole White discuss Fannie Mae’s new prediction for existing-home sales, summer marketing and the Marketeer. Continue reading
This week, Byron Lazine and Nicole White discuss rising interest rates, reluctant luxury homebuyers and an Inman Marketeer. Continue reading
Although there is still an inventory shortage, cash buyers can use this time to enjoy a wider selection of homes than buyers who are taking out a loan. Continue reading
Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations. Continue reading