Residential Lending Grows Just 2 Percent Even as Rates Keep Declining; Refinance and Home-Equity Deals Rise While Purchase Loans Decrease ATTOM, a leading curator of land, property data, and real estate analytics, released its third-quarter 2024 U.S. Residential Property Mortgage Origination...
Economy Remains on Strong Footing, though Core Inflation Remains Sticky Existing home sales are now expected to rise only 4 percent next year from a 2024 pace that is on track for a nearly 30-year low, according to the November 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and...
Growing supply of multifamily housing suggests a 1.1% increase in rental stock to more than 49 million units by next fall, with the biggest increases in the South and West. Rents fell by -0.8% to $1,720 in October, marking their fifteenth consecutive month of year-over-year declines and falling...
Price increases continue to slow down after post-COVID surge, but have risen almost 70% in the past decade The cost of home repairs and remodeling in the third quarter of 2024 continued to increase, rising by 1.08% from the prior quarter and just over 3.35% from the third quarter of 2023 according...
Redfin reports that this year marked the first time since 2010 that low-risk homes across three major climate categories—heat, fire and flood—gained value faster than high-risk homes. That may be a sign Americans are growing more responsive to natural disasters. For the first time since 2010,...
Obie, a leader in modern insurance solutions for real estate investors, is proud to announce the launch of its Tenant Legal Liability (TLL) policy — a streamlined coverage option for protecting rental properties and their owners against tenant-related damage. TLL coverage seamlessly integrates...
Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, announced that tenured Zillow executive Jun Choo has been promoted to chief operating officer (COO). In this role, Choo will now oversee Zillow's for sale business...
Home Sales Were Unseasonably Strong While Inventory Climbed October home sales bucked seasonal trends and posted a 6.7% increase over September and were 8.4% higher year-over-year. Year to date, 2024 home sales have exceeded 2023 levels in six of 10 months. Though new listings were down 0.7% from...
New commitment bolsters the Foundation's progress toward $750 million investment by 2030 In honor of Veterans Day and the annual Operation Surprise initiative, The Home Depot Foundation is investing $10 million to help veterans age in their current residences and avoid homelessness. This...
