Tag Archives: Markets & Economy

UWM posts record mortgage volume, but Q3 profits sag

By Matt Carter | November 9, 2021 - 7:48 pm |November 9, 2021 Uncategorized

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Net income down 77 percent from a year ago, when refinancing boom drove higher profit margins. Continue reading →

America’s priciest enclaves: The big risers and fallers in 2021

By Daniel Houston | November 9, 2021 - 6:50 pm |November 9, 2021 Uncategorized

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The most exclusive communities in the U.S. got even tougher to buy into in 2021, as home prices soared in the nation’s priciest ZIP codes, according to real estate data firm PropertyShark. Continue reading →

Home sales seen as immune from economic pessimism

By Matt Carter | November 8, 2021 - 9:02 pm |November 8, 2021 Uncategorized

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Americans’ confidence that the economy is on the right track is at its lowest level since 2013, but that’s not expected to hurt home sales, with homebuyer demand still outpacing available listings. Continue reading →

Nextdoor goes public, sees stock jump in early trading

By Jim Dalrymple II | November 8, 2021 - 5:49 pm |November 8, 2021 Uncategorized

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The company, which serves as a popular lead generation platform for many agents, saw its shares jump during the early hours of trading on Monday morning. Continue reading →

America’s hottest neighborhoods: Blackstone District in Omaha, NE

By Marian McPherson | November 8, 2021 - 10:00 am |November 8, 2021 Uncategorized

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Omaha, Nebraska, has risen to the top of up-and-coming market lists due to its affordability. But Omahans — especially those in the Blackstone District — know it has more to offer than cheap housing. Continue reading →

Rise in mortgage rates sees hiccup — but don’t expect it to last

By Daniel Houston | November 5, 2021 - 2:08 pm |November 5, 2021 Uncategorized

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The dip in mortgage rates this week was small compared to the rise recorded over the last month. Economists say they expect more increases. Continue reading →

Encryption, inequality and ‘Zero DOM’: 6 pocket listing takeaways

By Jim Dalrymple II | November 5, 2021 - 9:00 am |November 5, 2021 Uncategorized

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Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear. Continue reading →

Redfin’s iBuying revenues grew by more than 1,000% in Q3

By Jim Dalrymple II | November 4, 2021 - 8:23 pm |November 4, 2021 Uncategorized

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The brokerage and portal company raked in $540 million between July and September, and it saw its losses improve. Continue reading →

Mortgage rates ease, but will borrowers respond?

By Matt Carter | November 3, 2021 - 11:12 pm |November 3, 2021 Uncategorized

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Most of the decline in mortgage rates came later in the week, too late to prevent demand for refinancing from dropping to the lowest level since January 2020. Continue reading →

Fed tapering starts now, markets unfazed

By Matt Carter | November 3, 2021 - 8:30 pm |November 3, 2021 Uncategorized

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The Federal Reserve this month will begin drawing down the support it’s provided to mortgage rates during the pandemic. Continue reading →