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
From how well an area’s politics jibe with an individual’s own to how a place has handled the pandemic, politics are influencing where people want to live, according to Zumper. Continue reading
Financial guru and real estate investor Grant Cardone described the current real estate market as experiencing a “super cycle” onstage Thursday at eXp Realty’s Las Vegas gathering EXPCON. He also said that “real inflation” hasn’t arrived but is coming. Continue reading
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy. Continue reading
A monthlong upswing in mortgage rates came to a halt in the past two weeks, with rates for 30-year loans retreating back below 3 percent. Continue reading
The company’s CEO Brian Bair was able to offer shareholders reassurance in the wake of Zillow’s iBuying flop by providing hard data to show that Offerpad’s business model is working. Continue reading