Here’s what NAR wants in the next versions of Fannie and Freddie

NAR also said on Friday that any changes should maintain a host of features such as 30-year fixed-rate mortgages, affordable credit and reliable access to housing for both renters and homeowners. Continue reading

Veterans Affairs loans have spiked since 2007 recession: Study

The percentage share of veterans and active duty servicemembers that applied for a first-time home loan partially guaranteed by the U.S. Department of Veterans Affairs (VA) nearly doubled in the run up to the financial crisis, a new study out today fro… Continue reading

Universal rent control is here: Will it backfire?

Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Continue reading

Douglas Elliman profits collapse amid slower real estate market

Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading

Pending home sales decline annually for 13th straight month

The National Association of Realtors Pending Homes Sales Index declined 2.3 percent year-over-year in January, the 13th straight month of such declines.   Continue reading

Insurance startup TheGuarantors secures $15M Series B round

Insurance startup TheGuarantors has secured $15 million in Series B funding, executives for the company announced this week. Continue reading

Home prices jumped 5.7% year-over-year at the end of 2018

Home prices jumped 5.7 percent during the final months of 2018 compared to the same period one year prior, with the mountainous states in the western U.S. seeing the strongest growth. Continue reading