Tag Archives: Markets & Economy

Virtual brokerage Real sees significant revenue growth in Q2

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The company also saw its agent count grow to 2,451, up 126 percent year over year, according to earnings figures released Tuesday. Continue reading →

Buyer demand for mortgages jumps for first time in almost a month

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With low for-sale inventory keeping home price appreciation in many markets at record highs, the jump in FHA purchase applications is potentially a sign that more first-time buyers are finding purchase options despite the high prices. Continue reading →

Compass CEO: There’s ‘incredible’ demand from foreign buyers

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Robert Reffkin also said he expects the New York City real estate market to rebound, and that housing in general should thrive in the near-term future. Continue reading →

1.7M homeowners still in forbearance as protections expire

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Before initiating foreclosures against borrowers who are 120 days behind on their payments, the Consumer Financial Protection Bureau expects loan servicers to reach out to borrowers and give them a chance to apply for assistance, such as a loan modific… Continue reading →

Compass dramatically trims losses, sees rocketing revenue in Q2

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The brokerage lost $7 million last quarter, a vast improvement over both the previous quarter and last year. The results earned plaudits from investors. Here’s what you need to know. Continue reading →

Underwater homeowners gain breathing room as prices climb

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Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading →

Home prices show signs of leveling off for first time in months

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After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading →