In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June. Continue reading
Nationwide builder sentiment clocked in with an index score of 83 in May, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading
Given the soaring costs we’re seeing in almost every aspect of our lives, the end of forbearance programs and rent moratoriums, coupled with the age of boomers who own 42 percent of the inventory, the inventory dam has definitely started leaking. Continue reading
Opendoor has launched homeselling operations in Kansas City, Colorado Springs and Northern Colorado. The iBuyer is nine markets away from its 2021 goal. Continue reading
The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April. Continue reading
About 2.1 million homeowners remain in forbearance, and close to half of those borrowers haven’t made a payment in more than a year. Continue reading
New data from Black Knight shows drop in rate locks for purchase loans and refinancing. Continue reading
According to the latest data from real estate brokerage Redfin, 72 percent of its agents entered into a bidding war in the April. Continue reading
Despite continuing to suffer losses in the wake of the pandemic, Airbnb’s CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand. Continue reading
U.S. Sen. Joe Manchin, a Democrat, and Shelley Moore Capito, a Republican, discussed making deals across the aisle at the National Association of Realtors’ midyear conference. Continue reading