Tag Archives: Markets & Economy

RE/MAX CEO on why agents need a data-driven approach to sales

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RE/MAX CEO Adam Contos is betting on data and encouraging all real estate professionals to do the same for a competitive advantage. Continue reading →

JPMorgan Chase commits $400M to affordable housing

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The banking giant will provide low-cost loans, equity and grants for nonprofits and other groups that work with Black and Latino households on affordability issues. Continue reading →

Summer market will be hot, but not scorching, economists say at Inman Connect

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Daryl Fairweather of Redfin and Jeff Tucker of Zillow said the market would still continue to be strong through the end of 2021. Continue reading →

Residential construction rose in May, despite material challenges

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Single-family housing starts rose modestly, but housing completions and building permits dropped from the previous month, according to the U.S. Census Bureau. Continue reading →

Demand for mortgages rebounds after 3 weeks of declines: MBA

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Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association. Continue reading →

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

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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

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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

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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 →