Multifamily sector lone bright spot as permits, starts, completions fall

New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to U.S. Census Bureau data released Tuesday. Continue reading

As buyers balk, some homebuilders dread the months to come

Builder sentiment dropped at the second-fastest pace of the last two decades as some home construction companies have begun to cut costs. Continue reading

Your local housing market is complicated. Know your numbers, and use your words

Understanding local real estate data can separate the pros from the wannabes. Teresa Boardman explains how her evening bike ride turned into a lesson about the words consumers are hearing most about the market. Continue reading

Relying on optimism to get you through? 5 critical steps to take instead

Blindly hoping for the market to improve is not the right strategy. Team leader Carl Medford gives us a dose of the medicine your sick pipeline needs to get onto the road to recovery and how to prepare for what’s next. Continue reading

Record number of buyers looking to relocate to ‘affordable’ areas

A record-high number of homebuyers are prioritizing affordability as high home prices and mortgage rates limit their ability to buy homes in many United States cities, according to a new report from Redfin. Continue reading

The investment edge: Leverage your real estate skills to fund your future

Real estate investment is not an overnight, get-rich-quick type of financial maneuver, but it can pay huge dividends in the long run. Broker Ian Hoover draws on his personal experience to provide a roadmap and get you started. Continue reading

Ignore your MLS stats and head in the sand optimists

Call it fear or call it curiosity; it seems everyone has an opinion about the market. Broker Jeff Glover offers his hot take that the current data may be misleading and that your local stats deserve a second look. Continue reading

Credit card revenues surpass mortgages at Wells Fargo in Q2

Rising interest rates and a shrinking branch network are cutting into Wells Fargo’s mortgage business, and bank executives say they’re fine with that. Continue reading

Why super long mortgages won’t be a thing, and why that’s good news

Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t convinced. Continue reading

The long-awaited recovery in home inventory is gaining steam

The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation’s depleted home inventory. Continue reading