Tag Archives: Markets & Economy

The number of older renters in the US is skyrocketing

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The research, unveiled this week by apartment search website RentCafé, shows that between 2007 and 2017, the number of renter households aged 60 and older jumped from 6.5 million to 9.4 million, or an increase of 43 percent. Continue reading →

Housing starts rebound from December, still down annually

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Privately owned housing starts increased 18.6 percent from December 2018 to January 2019 but was still 7.8 percent lower than January 2018, according to the most recent statistics from the U.S. Census Bureau and the U.S. Department of Housing and Urban… Continue reading →

100% commission brokerage Fathom Realty will file for IPO

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Fathom Realty, the cloud-based, flat-fee commission brokerage announced plans on Tuesday that it intends to file a draft registration statement with the Securities and Exchange Commission (SEC) to take the company public.  The company expects the docum… Continue reading →

New home sales up slightly

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New home sales in the U.S. rose 3.7 percent in December, marking the third month of growth, according to the latest residential sales report from the Census Bureau and the Department of Housing and Urban Development (HUD).  Continue reading →

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

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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

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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 →