ADU - Real Estate Investor Pulse

ADU options set to expand in California

May 8, 2024 Mariel Alumit Comments Off

Las Vegas-based housing technology startup BOXABL on Tuesday announced that it has received approval to begin selling a factory-built accessory dwelling unit (ADU) in California, which could provide more options in a state strapped […]

Opinion: ADU buyers are adjusting to new landscape

April 20, 2023 Mark Paul Cervantes Comments Off

Accessory dwelling units, or ADUs, saw a surge in popularity during the pandemic, when rock-bottom interest rates stoked the skyrocketing interest in adding elbow room for everything from home offices to fully appointed living spaces. […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]