Industry professionals painted a picture of a competitive market that only stands to get more intense as the weather gets nicer and more buyers come out this spring
by Lillian Dickerson Mar 19
Opinion
The point is that Zillow and Opendoor are actively losing money to gain market share, and if you're in the real estate industry, concerning yourself with disruptors willing to lose billions is a good use of time
by Mike DelPrete Mar 18
The median home sale price in the US rose 14.4% to $336,200 in February
NFTs, or 'non fungible tokens,' have upended the art world in recent days. Now, they're gradually pushing further into the world of housing
by Jim Dalrymple II Mar 17
A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic
by Lillian Dickerson Mar 16
Rent prices are significantly higher than they were at the same time last year, rising by 3.8% nationwide in January, according to a Single-Family Rent Index report released Tuesday
A slew of newer companies are trying to reinvent the way people finance home purchases. That doesn't mean the 30-year mortgage is disappearing, but it does hint at more choices for consumers of the future
by Jim Dalrymple II Mar 16
While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA
by Lillian Dickerson Mar 12
Despite narratives about buyers flocking to Florida, data from Atlas Van Lines and Florida's 2020 Demographic Estimating Conference suggest the migration patterns are negligible
by Lillian Dickerson Mar 12
Opendoor’s record-low selling costs dropped from 3% to 2.1%, which is likely the result of Opendoor continuing to push down buyer's agent commissions offered on its houses
by Mike DelPrete Mar 10
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28% of loans in forbearance
Rocket Companies and LoanDepot briefly followed the trajectory of GameStop this month, seeing share prices spike simply because jokey online traders targeted their shares
by Jim Dalrymple II Mar 5
During the 4-week period ending Feb. 28, the median home sale price and the 4-week rolling average of median asking price on newly listed homes also hit new highs
Compass is losing less money per transaction as it scales, but it's still losing a lot of money, making a path to profitability uncertain
by Mike DelPrete Mar 4
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3
Only 1 state in the US was found to offer lower interest rates to women than men, on average, for a 30-year, fixed-rate mortgage, according to mortgage tech company Own Up