ADUs - Real Estate Investor Pulse

ADUs are gaining popularity on the West Coast

March 10, 2023 Mark Paul Cervantes Comments Off

The popularity of accessory dwelling units (ADUs) is on the rise across the West Coast. In the Seattle area, there was a 250% ADU construction increase in 2022 compared to 2019. And in California, demand […]

How the Housing Shortage Became a Crisis

August 12, 2022 Mariel Alumit Comments Off

The dramatic rise in underproduction is a key factor, according to a report from Up for Growth. “I am here because I believe housing should always be an opportunity and never an obstacle,” said Mike […]

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 […]