Author Archives: Daniel Houston

Second-home startup Pacaso to add markets in North America, Europe

By Daniel Houston | June 29, 2021 - 1:00 pm |June 29, 2021 Uncategorized

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The company, which offers co-ownership of second homes in 20 U.S. markets, announced plans to expand into Europe, Mexico and Canada. Continue reading →

Offerpad draws from big companies as iBuyer prepares to go public

By Daniel Houston | June 28, 2021 - 2:24 pm |June 28, 2021 Uncategorized

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Four new members will join the iBuyer’s board later this year, including a Zillow executive and the former chief executive officer of Move, Inc. Continue reading →

Home sales off instant cash offers grow 20% in first quarter: Redfin

By Daniel Houston | June 25, 2021 - 4:52 pm |June 25, 2021 Uncategorized

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Purchases by iBuyers rose 20% in the first quarter of 2021, but remained down year over year, according to a Redfin analysis. Continue reading →

Renters were already feeling better. Then the eviction ban was extended

By Daniel Houston | June 25, 2021 - 2:22 pm |June 25, 2021 Uncategorized

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A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July. Continue reading →

Mortgage rates tick back above 3% as economic recovery continues

By Daniel Houston | June 24, 2021 - 4:16 pm |June 24, 2021 Uncategorized

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Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading →

‘I’ve never seen anything like this’: 580 Seattle homes have sold for $300K above ask this year

By Daniel Houston | June 23, 2021 - 10:35 pm |June 23, 2021 Uncategorized

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A new Redfin report found that homes in some of America’s largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend. Continue reading →

Refinancing is easier than dieting, harder than training a dog: Survey

By Daniel Houston | June 23, 2021 - 8:23 pm |June 23, 2021 Uncategorized

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In a new Zillow survey, homeowners ranked refinancing as easier than divorce or following a strict diet, but “significantly tougher” than training a puppy. Continue reading →

Spike in refis led last year’s home-lending boom, new data shows

By Daniel Houston | June 22, 2021 - 10:33 pm |June 22, 2021 Uncategorized

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Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom. Continue reading →

Inman Interactive: Where housing costs are straining budgets most

By Daniel Houston | June 21, 2021 - 7:59 pm |June 21, 2021 Uncategorized

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In this interactive map, see the states where homeowners with a mortgage have incomes that haven’t kept up with housing costs. Continue reading →

Flips falter: Share of fixer-upper home sales drops as margins dip

By Daniel Houston | June 17, 2021 - 10:12 pm |June 17, 2021 Uncategorized

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Flipped properties fell to 2.7% of all sales in the first quarter of 2021, the lowest share seen in decades, according to a new report. Continue reading →