Tag Archives: Markets & Economy

As recession looms, consumers see tide turning in favor of homebuyers

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Fannie Mae finds 81 percent of Americans think the economy is on the wrong track, but the share of consumers who think it’s a good time to buy ticked up in June. Continue reading →

More than half of homebuilders report cancellation increase in June

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In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020. Continue reading →

June jobs report reveals impact of layoffs on real estate industry

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Fears of impending recession and a slew of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the U.S. Bureau of Labor Statistics. Continue reading →

Seeing contingencies come back? Your market is shifting

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During the red-hot seller’s market of the past couple of years, we saw contingencies all but disappear in high-demand markets. As the market shifts, the reemergence of contingent transactions and contingency clauses can help you gauge the balance of po… Continue reading →

3 trends poised to disrupt the real estate landscape

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Emerging trends in real estate can sometimes be difficult to understand. Expert Sundance “Monty” Brennan explains why he thinks these 3 disruptors should be on your radar in the months to come as the market continues to shift Continue reading →

How activism (and real estate) are uniting AAPI communities

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The changing demographics of our nation require the real estate industry to continue to learn and welcome all people in our changing American population. AREAA President Tim Hur outlines the importance of reaching out to the often-overlooked AAPI commu… Continue reading →

Sprout Mortgage is 2nd non-QM lender to implode in as many weeks

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Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers. Continue reading →

Forget what you know about retirees. Here’s what they’re looking for now

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Do you think working with newly retired homebuyers is challenging? Expert Luke Babich offers some insights on how to practice patience when working with this generation to find their dream home. Continue reading →

Mortgage rates easing on recession fears, but homebuyers not biting

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Although fears of a recession are bringing mortgage rates down, would-be homebuyers aren’t rushing to apply for loans, according to a weekly survey of lenders. Continue reading →