Real estate investors during the second quarter of 2021 purchased more homes than ever recorded by Redfin.com, which has been tracking that metric for 20+ years. "Investors took ...
Read More »Supply Constraints Holding Back Potential Sales
With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.
Read More »Jerry Mauricio to Head Up Compliance Efforts at Freddie Mac
GSE adds SVP and Chief Compliance Officer to oversee regulatory and conservatorship obligations.
Read More »As Competition Eases, Housing Market Remains Ripe for Sellers
An uptick in new listings is like "a little bit of rain in this inventory drought," say real estate economists.
Read More »The Week Ahead: Home Valuations and Racial Disparities in Housing
HUD will host a virtual discussion covering President Biden's recent charge on a new initiative designed to decrease the racial housing gap for all.
Read More »Homebuyers Paying Less for Short Commute
Data shows telework trends affecting traffic patterns and thereby reducing the premium placed on proximity to the office.
Read More »UWM Celebrates National Mortgage Brokers Day at NYSE
Celebrating the independent spirit of the Mortgage Broker, UWM visited New York City to ring the opening bell at the NY Stock Exchange.
Read More »New Home Purchase Apps Fall 23.8% YoY in June
June home sales suffered for the third straight month, due to a rise in regulatory costs, high-priced materials, and a lack of labor.
Read More »Despite Lack of Inventory, Existing Home Sales Up in June
Improvements in housing supply has led to a rise in listings, resulting in an uptick in sales.
Read More »Mortgage Rates Continue a Downward Spiral
As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.
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