Housing starts and permits rose moderately in October

Housing starts surprised in October. They rose to a seasonally adjusted annual rate of 1,372,000, the highest in three months, according to the...

The upside of 8% mortgage rates? More inventory

Weekly housing inventory data Even though I haven’t been able to hit my target level of 11,000 -17,000 weekly inventory growth levels in 2023...

Class Valuation acquires AMC Valuation Connect

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect, formerly a subsidiary of...

Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate...

Mortgage rates continue falling before Thanksgiving: Freddie Mac

Mortgage rates dropped significantly in the last few weeks, but the cost of borrowing remains high prompting many homebuyers to wait for even...

Mortgage rates fall as labor market normalizes

Everyone was waiting to see if this week’s jobs report would send mortgage rates higher, which is what happened last month. Instead, the...

Immunity or liability? Antitrust experts weigh in on commission lawsuit settlement outcomes

Speculation is still swirling around the proposed commission lawsuit settlement agreements reached by RE/MAX and Anywhere in the Sitzer/Burnett, Moehrl and now Nosalek...

Sens. Klobuchar, Kaine reintroduce bill to create housing policy plans, boost supply

Democratic Sens. Amy Klobuchar (Minn.) and Tim Kaine (Va.) have reintroduced their Housing Supply and Affordability Act to the U.S. Senate in the...

White House announces new housing initiatives to boost homeownership

The White House on Monday announced a series of new initiatives designed to boost U.S. homeownership, alongside data detailing housing aid that has...

Mortgage applications ticked up after weeks of decline: MBA

Mortgage applications picked up for the first time in four weeks as mortgage rates dropped by 25 basis points, to 7.61%. The Fed’s...