Canadians are losing interest in U.S. real estate, according to Redfin’s latest market report. The share of Canadians searching for U.S. properties declined 19.5 percent year over year in August, extending a six-month trend that started when President … Continue reading
The Midwest is home to some of the hottest markets in the country, while other regions face a lackluster year. What gives? Continue reading
Rocket Mortgage and UWM are counting on AI to help them scale their businesses as mortgage rates fall. Small and mid-size lenders don’t want to be left behind. Continue reading
Agents need to talk with buyer clients about credit and financing early in the process, Lindsey Harn writes, to avoid disappointment later. Continue reading
CEO Varun Krishna says lender has already seen a surge in leads and higher conversion rates from the Redfin deal, thanks to “cross pollination” of leads, agent referrals and mortgage applications. Continue reading
Home price growth slowed to the lowest level in two years in May. However, market pressures, primarily from elevated mortgage rates, mean buyers are still struggling to afford homes. Continue reading
CEO Jay Bray says the loan servicing giant intends to “hit the ground running” when it merges with Rocket Companies later this year after turning a $198 million Q2 profit. Continue reading
By handling every aspect of homebuying and selling, from search to financing to title and closing — Rocket aims to cut transaction costs on the median priced home in half, from $40,000 to $20,000. Continue reading
New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets. Continue reading
The FHFA HPI rose 3 percent on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7 percent annual gain. Continue reading