COVID-19 caused an unparalleled shock to the U.S. economy, and the Delta variant has certainly impacted the speed of recovery. However, Windermere Chief Economist Matthew Gardner firmly believes that the economy will continue to grow. Here’s his 2022 h… Continue reading
Privately owned housing starts dipped 0.7 percent in October while single-family housing starts dropped 3.9 percent, according to U.S. Census Bureau residential construction data Continue reading
Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association. Continue reading
Investors purchased a record 18.2 percent of U.S. homes, amounting to a new high of $63.6 billion in homes during the third quarter of 2021, according to a new Redfin analysis released Monday. Continue reading
Despite shortages of materials, lots and labor, consumer demand beat expectations, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading
Although the FHA isn’t signalling it’s ready to reduce premiums, it’s looking at ways to expand access to mortgage credit, including downpayment assistance and support for “small-dollar” lending in underserved markets. Continue reading
The company’s gross booking value surged 97 percent year over year to $776 million. In response, revenue also hit a record high of $330 million, up 77 percent year over year. Continue reading
The embattled co-working startup saw revenue increase and its losses improve while All Access memberships rose 60 percent from the previous quarter. Continue reading
Mortgage lenders are cautious about extending credit and home prices are so low that most deals are for cash, putting buyers at greater risk. Continue reading
Despite the return of housing market seasonality, homesellers are still expecting a red-hot fall and winter homebuying season similar to 2020, according to realtor.com’s latest survey released on Thursday. Continue reading