Tag Archives: Markets & Economy

Inflation stays flat in October, but shelter costs continue to rise

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The index for shelter rose 0.3 percent between September and October and was up 6.7 percent year over year, according to CPI data released Tuesday.  Continue reading →

Vacation home solution Summer weathers autumn with $18M

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Vacation home investment and management company Summer is marching through autumn a bit more secure about how they’ll handle winter. The company closed a fundraising round of $18 million. Continue reading →

Mortgage rates inch back up after Powell warns Fed could hike again

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Speaking at an IMF research conference, Powell said the Fed is committed to raising rates as high as needed to bring inflation down, and “we are not confident that we have achieved such a stance.” Continue reading →

It’s that time again: Get tax savvy for 2023 and 2024

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Sisters Amy Chorew and Maeda Palius offer tips and the latest insights so you can find out what you need to know to optimize the deductions on your 2023 taxes and plan ahead for next year’s return. Continue reading →

Fathom Realty continues to grow agent count with rebound in sight

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While transactions fell 15 percent from 2022, Fathom executives said during a Q3 earnings call Wednesday that its flat fee commission split model helped its agent network grow by 13 percent. Continue reading →

Weathering the storm: A Q3 2023 earnings roundup

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From brokerage companies to portals to lenders and investors, Airbnb to Zillow, we’ve got the news you can use about the dollars and cents that are driving the real estate economy right now. Continue reading →

Tough times for mortgage lenders? UWM hired 1,000 employees in Q3

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While others are downsizing, the nation’s biggest mortgage lender is investing in new technology and hiring new team members to be prepared if mortgage rates come down and business booms. Continue reading →

Exclusive Survey: 95% would pay a buyer agent under right conditions

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A majority of potential buyers say they’re open to paying their agents in the wake of legal threats to commissions, according to results from a joint survey conducted by Inman with Dig Insights. Continue reading →

Homebuyers respond to biggest drop in mortgage rates this year

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Purchase mortgage applications trended up last week for the first time in nearly a month as mortgage rates retreated from 2023 highs, according to the MBA’s weekly survey of lenders. Continue reading →