Home sale-leasebacks are surging, but are they good for homeowners?

Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading

Fannie Mae has ‘meaningfully downgraded’ its forecast for 2021 home sales

As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said. Continue reading

Multifamily rental market rebounds to pre-pandemic levels

The median multifamily rent increased 2.5 percent in May, according to Yardi’s latest rent report. West Coast markets experienced the greatest increases as buyers hold off on the homeownership plans. Continue reading

Lumber prices finally drop and the stockpilers prepare to sell

After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down. Continue reading

Desirable housing is out there. You just need to know where to look

At Inman Connect on Tuesday, three real estate professionals dished on the creative ways they’re taking advantage of existing inventory amid an historic housing shortage. Continue reading

Builder confidence dips slightly in June — to lowest level since August

The Housing Market Index dropped to 81 in June, down from 83 the previous month, according to the National Association of Home Builders and Wells Fargo. Continue reading

Homeowners are losing their enthusiasm for refinancing

Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down after surging in February in March. Continue reading

After buying frenzy, demand for second homes comes down to earth

New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties. Continue reading

Offerpad is a more profitable flavor of iBuying: Mike DelPrete

Offerpad’s latest financials strongly suggest that a less venture-funded, less tech-enabled, more real-estate focused and less breakneck version of iBuying can be (almost) profitable. Continue reading