Zillow partners with homebuilders to marry iBuying and newly built home buying
Homeowners who want to sell their existing home and buy a newly built home can now do so all in one transaction and wait as long as eight months to move out, thanks to a partnership between Zillow and nearly a dozen homebuilders....
RE/MAX: U.S. housing market experiences largest inventory decline since last year
In August, America’s home sales slid 1.6%, marking the sixth month of 2019 that produced fewer sales than the previous year. Additionally, buyer demand outpaced homes listed for sale in August, causing the largest inventory decline in 13 months, accordi...
How anchor companies are tackling affordable housing issues in their communities
Some companies aren’t waiting for policy changes regarding affordable housing. Instead, there is a growing movement within larger companies to support the communities they are based in, specifically pertaining to affordable housing. This was made espec...
Here are the 2020 presidential candidates' plans for affordable housing
As the 2020 presidential election heats up, the numerous candidates are tackling the issues at hand, and while it may seem like affordable housing and housing in general have been on the back burner for most candidates so far, that doesn't mean that they...
Here are the nation’s top real estate markets for 2020
The Urban Land Institute’s Emerging Trends in Real Estate report, an annual look at the year ahead, cited Austin, Texas, as the top U.S. real estate market for 2020. There was one northeast city in the top 10, one in the Pacific Northwest, and one in so...
Should homebuyers consider schools even if they're empty nesters?
Do homebuyers need to think about schools in their prospective neighborhood even if they’re empty nesters or don’t have kids? Lisa Harris, RE/MAX agent with RE/MAX Center in Braselton, GA, said that homebuyers should definitely be thinking about schoo...
Low mortgage rates bolster August's existing-home sales to 17-month high
Existing-home sales inched forward 1.3% in August from the prior month, reaching a 17-month high, according to the National Association of Realtors. NAR Chief Economist Lawrence Yun said although sales are up, inventory numbers remain low and are thereby ...
ATTOM: Home flipping returns fall to 8-year low
Thanks in large part to continually rising prices, investors are making smaller profit margins on home flips than they have in eight years. According to ATTOM Data Solutions, 59,876 single family homes were flipped in Q2 2019. This is up 12.4% from the pr...
Mortgage Tech Rundown: Freddie Mac, Realogy, and Groundfloor
This week's Mortgage Tech Rundown focuses on the latest product and software developments, integrations and more from companies like Freddie Mac, Realogy, and Groundfloor....
Federal Reserve cuts rate by 0.25%, defying Trump's demand for "Big Interest Rate Drop"
The Federal Reserve cut its benchmark rate by a quarter percentage in a bid to keep trade wars and the threat of a global recession – what it delicately called “global developments” – from tanking America’s decade-long expansion. President Donal...