Alabama - Real Estate Investor Pulse

Alabama Home Sales Up for Second Consecutive Month

April 26, 2024 Mariel Alumit Comments Off

Alabama’s housing market enjoyed a vibrant March with 4,976 sales, up 5.6% from February, according to the Alabama Association of Realtors. This marked the second consecutive month of growth in home sales. However, March’s sales […]

Dearth of new construction strains migration hotspot of Alabama

February 14, 2024 kingstu Comments Off

Century 21 Regency Realty agent Cheryl Piccinini has lived and traveled all over the world, but there is no place she would rather be than Alabama. “No matter what you want, you can find […]

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 […]