Why multifamily housing investors should consider Knoxville

Knoxville’s appeal to employers and job-hunters should make it attractive to investors seeking stable growth in a market that outperforms its size, Michael Zaransky writes. Continue reading

Mortgage firm Lower acquires Acopia Home Loans

Lower previously acquired residential portal and tech firm Movoto, and struck up a marketing partnership with HomeSmart. The Acopia deal helps the company expand in the Southeast. Continue reading

Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’

Easing mortgage rates and flat home price growth led to a win for homebuyers in October, according to Zillow. However, future volatility may put buyers back on the sidelines. Continue reading

Homebuilders’ rate buydowns are leaving buyers underwater: WSJ

The American Enterprise Institute estimates that 64 percent of homes sold by the largest homebuilders provide permanent mortgage rate buydowns, which often don’t count as seller concessions. Continue reading

Homebuyers froze deals at a record rate in August: Redfin

Homebuyers are freezing their purchasing plans at increasingly higher rates, according to Redfin’s latest market report. Fifteen percent of contracts, or 56,000, were canceled in August, the highest level since Redfin began tracking the metric in 2017. Continue reading

Agents attracted to techie brokerages, capped fees: Report

A new report suggests agent recruiting remains intense in real estate and that churn from company to company comes with significant costs to brokerages. Continue reading

Travelers rush to book thin rental inventory in hot US vacation spots

Demand for vacation rental homes has outpaced supply in the Gulf Coast, Southeast and Midwest, Vrbo’s president said in a recent interview. Continue reading

Offerpad expands to 4 markets in Midwest, Southeast

In the second half of the year, the iBuyer will launch its services in Columbus, Ohio; Kansas City and St. Louis, Missouri; and Columbia, South Carolina. Continue reading