Home flipper activity jumps, while profitability plummets

Slowdown in bidding wars is “having a predictable impact on profit margins for investors,” said Rick Sharga, executive vice president of market intelligence from Attom, in the latest report. Continue reading

What other agents are highlighting (and hiding) in listing photos

Using fancy computer techniques, researchers analyzed more than 14,000 photos of homes for sale. From bedrooms to decks, here are the most popular features. Continue reading

Industry vet Melissa Kwan’s latest company to power REACH class

Melissa Kwan launched eWebinar in 2019, demonstrating remarkable prescience prior to a pandemic that would push so much of the industry into online business. Continue reading

Recognizing the distance we have yet to travel toward full equality

To fulfill the promise of our founders, and of Juneteenth, it’s time to prioritize affordability and access for Black Americans, writes team leader Carl Medford. Here he outlines the history of the holiday and the meaning it holds. Continue reading

Demand rebounds as mortgage rates retreat from 2022 peak

Purchase mortgage applications are still down 10% from a year ago, with mortgage rates nearly doubling in the last 12 months, according to a survey by the Mortgage Bankers Association. Continue reading

Gen Z flunks homeownership test — but other age groups not far behind

Fewer members of Generation Z said they were “handy” than older groups did in a recent poll, with Generation X tallying the highest scores in a survey of 1,049 people conducted by CraftJack. Continue reading

Real estate companies are actually not laying off staff right and left

Recent headlines have been filled with news of layoffs, but look closer, writes author and executive Joe Rand. The companies where layoffs are occurring are wholly unrepresentative of the real estate industry and don’t represent a major trend. Continue reading

Hippo’s mortgage partner channel takes off; helps find coverage faster

Program piloted last year now provides services to more than a dozen mortgage lenders and loan servicers, who help 7 million people finance or refinance their homes each year. Continue reading