Inventory problems to stick around for a ‘very long time’

Shant Banosian of Guaranteed Rate told Inman Connect New York attendees Thursday that a seller’s market is likely to persist for years. Continue reading

WATCH: The right lender can make buyer love letters obsolete

Not crazy about buyer love letters? Mortgage expert Rick Guerrero says that a great lender can reach out to the listing agent on a buyer’s behalf to offer information and reassurance. Continue reading

Majority of buyers lean on agents, not banks, for financing info: Poll

A new survey conducted by Zillow suggests there are opportunities for real estate agents and companies that provide information and make lending more user friendly. Continue reading

JPMorgan CEO: Real estate is going to be a big problem for some banks

Not every bank is at risk, JPMorgan CEO Jamie Dimon said Monday during an investor conference. But for lenders with more exposure to commercial properties, the months ahead could be tough. Continue reading

Inside Zillow’s far-reaching bid to jolt its mortgage business

Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong? Continue reading

Billions in losses, a brutal market and more from Q3 earnings season

A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading

The end of credit scores? The best ideas from Zillow’s Hackathon

The Seattle-based listing giant announced the three top innovations that emerged from its annual competition for students of historically Black colleges and universities. Continue reading

Banks reclaim more properties in August as foreclosures tick upward

Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change. Continue reading

Homeward sheds 20% of workforce amid ‘sudden and sizable’ downturn

Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading

3 ways to keep the door open to homeownership for discouraged buyers

If your potential homebuyers are considering throwing in the towel, do not let them quit yet. Industry expert Laura Adams has three tips that may get them back into the game in this challenging market Continue reading