by Jesse Williams | Aug 10, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
A tumultuous summer so far in real estate has left brokers shaken, with signs of a broad housing pullback—including big hits to home sales, building permits and new construction starts—causing concern. Meanwhile, price drops and homes spending more time on the market...
by Jesse Williams | Aug 10, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Not yet law but now much closer to receiving President Biden’s signature, the Democratic “Inflation Reduction Act” survived a careful balancing act between centrists and progressive members of the caucus, along with virulent opposition from Republicans and is likely...
by Jesse Williams | Aug 10, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
For the second straight week, mortgage applications increased, up 0.2% from one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 5, 2022, released Wednesday. Data...
by Jesse Williams | Aug 9, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Zillow Group reported results for the second quarter of 2022 that, despite including an earnings decrease from the previous year, outstripped average Wall Street estimates. The Seattle-based company posted a net income of $8 million or earnings per share of $0.47 for...
by Jesse Williams | Aug 9, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
For the month of May, 2.7% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2-percentage-point decrease compared to 4.7% in May 2021, according to CoreLogic’s monthly Loan...
by Jesse Williams | Aug 8, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Offerpad, one of the nation’s largest iBuyers, was in the black for its third consecutive quarter. The industry disruptor, currently valued at half a billion dollars, logged year-over-year revenue growth of 185%, totaling $1.1 billion. The Arizona-based company...