Monthly Archives: October 2022

Mortgage applications hit 25-year low as rates, hurricane kill demand

By Matt Carter | October 5, 2022 - 11:00 am |October 5, 2022 Uncategorized

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After hitting 2022 highs last week, a weak hiring report released Tuesday has been helping to bring mortgage rates back down. Continue reading →

Vishal Garg opens up about the rise and fall of Better.com

By Taylor Anderson | October 4, 2022 - 10:06 pm |October 4, 2022 Uncategorized

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“To be absolutely blunt, I’d never managed more than 10 people in my life.” Better CEO talks to Insider after months out of the spotlight while the company struggled through market downturn. Continue reading →

Rocket promotes from within, names new CFO and general counsel

By Matt Carter | October 4, 2022 - 9:45 pm |October 4, 2022 Uncategorized

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Brian Brown and Tina John are tapped to fill openings created by the retirement of two top executives, Julie Booth and Angelo Vitale. Continue reading →

Homebuyers, lenders increasingly wise to flood risk: Zillow

By Daniel Houston | October 4, 2022 - 7:18 pm |October 4, 2022 Uncategorized

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Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding. Continue reading →

United Real Estate expands reach with new Jacksonville acquisition

By Ben Verde | October 4, 2022 - 6:46 pm |October 4, 2022 Uncategorized

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The deal brings 400 new agents into the network and will see the Jacksonville, Florida, brokerage operate under the new name United Real Estate Gallery and retain all current leadership. Continue reading →

RE/MAX Holdings appoints new chief information officer

By Marian McPherson | October 4, 2022 - 6:24 pm |October 4, 2022 Uncategorized

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Former Fathom Realty executive Grady Ligon has joined the company, bringing more than 20 years of experience in financial and brokerage technology. Continue reading →

Weakest Q3 for US apartment leasing in 3 decades

By Taylor Anderson | October 4, 2022 - 6:09 pm |October 4, 2022 Uncategorized

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RealPage reports the third quarter saw the biggest slowdown in leasing traffic in 30 years of tracking. Paired with a slowdown in rent, it’s the latest sign of turbulence in the housing market. Continue reading →

Homie CEO resigns as flat-fee brokerage lays off more workers

By Jim Dalrymple II | October 4, 2022 - 5:19 pm |October 4, 2022 Uncategorized

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The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences “turmoil.” Continue reading →

The 9 US housing markets where tenants are most behind on rent

By Taylor Anderson | October 4, 2022 - 5:07 pm |October 4, 2022 Uncategorized

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One in every four renters in some U.S. markets is behind on monthly rent payments after a historic run-up in prices, according to data released Monday by real estate portal MyEListing.com. Continue reading →

Is Dating Worth Credit Card Debt? 4 in 10 Americans Say “Yeah, $2,400 Worth!”

By Gillian Manning | October 4, 2022 - 4:30 pm |October 4, 2022 Uncategorized

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A new study reveals many Americans splurge on a date even when inflation is killing their budget. Continue reading →