Built in the mid-17th century, an adorable Cape Cod house in Plymouth, MA, is the oldest property to hit the market this week on Realtor.com.
This week on “House Party,” hear our exclusive interview with the stars of Netflix’s “Dream Home Makeover.”
California real estate startup Reali is shutting down, with plans to lay off most of its employees on Sept. 9. The firm is the latest to fall victim to rising mortgage rates and a drop in home sales. The San Mateo, California startup cited “the challenging real estate and financial market conditions and unfavorable capital-raising […more]
Polly, a software-as-service mortgage technology firm that operates a loan-trading platform, extended its Application Programming Interface (API) portfolio to better accommodate lenders amid a contracting mortgage environment. As part of the fintech’s long-term strategy to focus on “providing innovation for lenders,” San Francisco-based Polly said it enhanced its existing APIs, including the Product and Pricing […more]
The mortgage industry is changing rapidly and originators are focused on adapting to a shifting market in order to stay competitive. HousingWire recently spoke with Lee Smith and John Gibson at Flagstar Bank about what originators can do to align their mortgage products and services with the ebb and flow of the housing market and […more]
Amid a shrinking mortgage market and delays in its plan to go public, digital mortgage lender Better.com made another round of layoffs on Friday. That’s the fourth workforce reduction since December 2021, when the company’s Chief Executive Officer Vishal Garg gained infamy for laying off 900 employees in a Zoom meeting. On March 8, Better cut 3,000 jobs, roughly […more]
Just a few months ago, builders were flush with eager buyers. They’ve since dried up as the number of new-home sales has plunged.
Challenged by neighbors and the City alike, albeit for very different reasons, plans to double the size of the 2,200-square-foot Nob Hill home which sits on the front of a 3,571-square-foot lot at 1151 Washington Street, adjacent to the Betty Ong Recreation Center’s playground, have been shelved. And significantly bigger plans for the site have […more]
Restoring price stability will cause some pain now, but will forestall the greater pain of higher inflation, Federal Reserve Chairman Jerome Powell said in a speech on Friday. Powell, speaking at an economic policy symposium in Jackson Hole, Wyoming, made it clear that the Federal Open Market Committee (FOMC) would continue to be tightly focused […more]
As we outlined back in September of 2020: Having been approved back in 2016 but yet to break ground, the entitlements for a skinny 495-foot-tall tower to rise at 524 Howard Street, a development which could yield up to 334 condos, or 72 condos over a 273-room hotel, “depending upon market conditions,” were quietly sold, […more]