Tag Archives: profit

Generating a 56.5% return on their homes, sellers are still making quite a profit on their homes, but that number has dropped for the first time since 2011.

Due to a plunge in home prices in the popular Bay Area metro, San Francisco homeowners were most likely to lose money when selling their home. According to a new Redfin report, the typical San Franciscan seller who took a loss sold their home for $100,000 less than they bought it for.

The latest “Preparing to Sell” report from Curbio revealed that 43% of home sellers don't think they need to update their house before listing, but new data found that homebuyers want move-in-ready homes. Click through to read what else the study found.

A majority of homebuyers polled in a recent survey reported post-purchase regrets, according to a new report from Clever Real Estate. Click through for a look at the sentiments and specifics from this survey.

Both raw profits and return on investment have improved nationwide for 11 straight years, shooting up again in 2022 as the national median home price increased 10% to $330,000—another annual record.

Signing bonuses are a widespread practice within the mortgage business, and STRATMOR Group Senior Partner Jim Cameron analyzed the industry’s approach toward them by highlighting how bonuses are structured, and how new data and tools can help lenders understand more about the potential of the loan officers they're retaining.

Median-priced home sale profits in the first quarter dropped from 51.6% to 47.2%, the first drop since 2019, and the largest since 2011.  

Home sellers nationwide reaped giant rewards over the past year, as tight supply drove up not only prices, but return-on-investment for sellers as well.

The latest data on employment, Fannie Mae’s third-quarter results and Goldman Sachs’ mortgage settlement target are making the news. Here’s how these three seemingly disparate events are affecting the housing market.

Lenders are expecting lower profits for the eighth consecutive quarter, according to a recent report. What is making these lenders so pessimistic?