Author Archives: Daniel Houston

Mortgage rates haven’t been this chaotic since Black Monday: Study

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A buyer looking at $500,000 houses in July would have seen their potential monthly payment fall by $177 in August, then rise by $328 since. Continue reading →

Home affordability stabilizes, but remains tough nearly everywhere

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It’s still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn’t get worse, new data shows. Continue reading →

The pandemic-era home price boom has ended — and now we know when

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Two major estimates of home prices now concur: The uninterrupted string of monthly increases came to an end this July, according to new data released Tuesday from CoreLogic and the FHFA. Continue reading →

A new normal, or a ‘new weird’? Home prices climb despite 6% rates

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As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It’s a strange time, a Redfin economist says. Continue reading →

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

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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 →

In a downturn, real estate agents should market with future in mind

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Agents who lean into this down market stand to gain market share that could benefit them for years, real estate executives argued Thursday at the Inman Connect Now virtual event. Continue reading →

This is the ‘fastest-slowing’ housing market in the US, new data shows

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The slowdown in housing has been swiftest on the West Coast, where prices in some markets have already fallen by 2 percent since July, according to a new analysis on Wednesday by Redfin. Continue reading →

Zillow’s US home-value estimate drops for 2nd consecutive month

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Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate. Continue reading →

Swanepoel says this company is still ‘the 800-pound gorilla’ in real estate

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Several newer brokerages have made big strides. But real estate executive Stefan Swanepoel says one established juggernaut still looms large: The holding company formerly known as Realogy. Continue reading →