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News Ticker
  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
  • [ December 20, 2024 ] Alabama Home Sales Up, Reversing Three-Month Decline Weely Real Estate News
  • [ December 20, 2024 ] New York State Housing Inventory at 8-Month Low Weely Real Estate News
HomeSupply

Supply

Logan Mohtashami
Housing Wire

Logan Mohtashami on CNBC: How rates are impacting supply

August 30, 2023 Mariel Alumit Comments Off on Logan Mohtashami on CNBC: How rates are impacting supply

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC‘s Squawk on the Street on Wednesday to talk about the health of the housing market, and more specifically about today’s pending home sales data. Mohtashami explained how […]

Home prices
Top News

Home prices are hitting new highs again, as high rates put the squeeze on supply

July 11, 2023 Mark Paul Cervantes Comments Off on Home prices are hitting new highs again, as high rates put the squeeze on supply

Home prices hit a record high in May, rising 0.7% nationally compared with April at a seasonally adjusted rate, according to the Black Knight Home Price Index. Prices, which have been rising since January, were […]

Affordable
Top News

Affordability crisis: Affordable housing at risk with dwindling demand and supply

June 19, 2023 Mark Paul Cervantes Comments Off on Affordability crisis: Affordable housing at risk with dwindling demand and supply

Launched to offer cheaper homes to low- and mid-income families, the affordable housing scheme is facing major headwinds. As homebuyers shy away from the affordable homes segment, its share in the overall residential real estate […]

Weely Real Estate News

Housing Market Recovery Held Back by Costs, Low Supply

February 24, 2023 Mark Paul Cervantes Comments Off on Housing Market Recovery Held Back by Costs, Low Supply

According to a new report from RedFin, an online real estate brokerage, home-purchase applications dropped to the lowest level since 1995 last week as mortgage rates jumped on expectations that the Federal Reserve will need […]

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U.S. Market

Rocket
Housing Wire

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

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ 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 […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ 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
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ 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 […]

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