Buyers have watched mortgage rates shoot from 3 percent to 5 percent this year alone, and that common refrain — “Is it really the best time to buy?” — is always top of mind for clients, agents told Inman. Continue reading
MBA forecaster Joel Kan sees the uptick in loan requests as a “potentially a good sign for the spring home buying season, which has seen a slow start thus far.” Continue reading
Citing impact of rising rates on mortgage originations, Mr. Cooper laid off 250 workers during the first quarter, with more reductions in store. Continue reading
The National Association of Realtors’ latest quarterly report revealed buyers’ search for cheaper housing led booming home price growth in Florida and other smaller markets. Continue reading
The iBuyer is also deepening its market reach in the Portland, Oregon, area following an expansion last month into the Northeast. Continue reading
Women and millennials led the majority of Asian American and Pacific Islander homeownership growth in 2021, according to Realtor.com’s latest housing study. Continue reading
The operator of Berkshire Hathaway HomeServices saw net income from real estate fall 75 percent year over year, according to earnings released at so-called “Woodstock of Capitalism” this weekend. Continue reading
If mortgage rates rise by another half a percentage point — or if home prices go up another 5 percent — affordability will hit the worst levels on record, Black Knight warned on Monday. Continue reading
Site operator Altisource posts its first quarter of sequential revenue growth in nearly three years, according to a quarterly earnings call Thursday. Continue reading
In a Linkedin post on Friday, Albertson, who navigated the pandemic’s effect on editorial coverage and live events, struck an optimistic note while passing the torch to new CEO Emily Paquette. Continue reading