Tag Archives: COVID-19

Improving rates just drove a ‘big week’ for mortgages

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The latest numbers from the Mortgage Bankers Association show that applications for loans increased last week. Rates for a 30-year fixed rate loan averaged 6.16 percent Continue reading →

Foreclosures were up 9% year over year in May: ATTOM

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States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM’s CEO described the situation as “a mixed picture.” Continue reading →

Buy now; hesitation creates opportunity, Barbara Corcoran says

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Barbara Corcoran, the founder of The Corcoran Group and longtime Shark Tank investor, is urging homebuyers to move now, while others are sitting on the sidelines. In a recent TikTok video and appearance on Fox & Friends, Corcoran made it clear: ec… Continue reading →

Homes are sitting longer and not just because of mortgage rates

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According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading →

Homes are sitting longer and not just because of mortgage rates

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According to a new Redfin report, concerns over affordability, economic uncertainty and tariff fears under a second Trump administration are giving buyers serious pause. As of March, the typical U.S. home took 47 days to sell, the longest stretch in si… Continue reading →

Opendoor, Fathom stocks flirt with $1 threshold — and with disaster

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Companies that can’t keep their shares over $1 risk being delisted from the stock market. Opendoor shares crossed that threshold this week, while Fathom crossed it last month. Continue reading →

More and more homes are languishing on the market

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In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading →

After a big 2023, make no mistake: Artificial intelligence is here to stay

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A year after ChatGPT burst onto the scene, real estate professionals told Inman that AI and AI-backed companies are on the way to becoming a baked-in part of the modern real estate business. Continue reading →

High-income renters are top prize as ownership hurdles pile up: Poll

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Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman. Continue reading →

Successful agents show up, Robert Reffkin says in remote-work rebuke

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During an Inman Connect panel on Wednesday, Compass’ CEO argued the brokerage’s in-person philosophy gives it an advantage over rival firms “charging the least and giving you the least.” Continue reading →