Here’s how a savvy homebuyer can make sense of today’s seemingly competing mix of good and bad real estate market news.
Even as the market cools, there are still places across the country seeing huge increases in median list prices—some well over 30%.
We’ve addressed this topic before but since we’re in a shifting market and the 24-hour news cycle needs clicks-per-view, it’s worth repeating (especially as some of my favorite pet peeve headlines have cracked the news cycle). Sensational headlines grab user attention – skyrocketing mortgage rates, falling home prices, soaring foreclosure numbers. But for a reality […more]
One of the best ways to learn and grow is through experience-sharing, vulnerability and collaboration with others, which is what this workshop that rounds out the Women of Influence Forum is designed to create for attendees. The “Creating a Seat at the Table” workshop at the forum, which kicks off HousingWire Annual on Oct. 3, […more]
Mortgage lender loanDepot, based in Orange County, California, has more bad news tucked away in its latest quarterly earnings report filed with the U.S. Securities and Exchange Commission (SEC) — beyond announcing it was shutting down its wholesale division after posting a second quarter loss of $223.8 million, following on the heels of $91.3 million loss […more]
For a buyer with royal aspirations, an unfinished lakefront castle in Sagle, ID, is now available for $7 million.
The Art Hotel is looking to draw up a buyer in Palm Springs, CA. The art-themed midcentury modern building is listed for $2.5 million.
Redwood Trust Inc., a real estate investment trust (REIT) based in Mill Valley California that has residential operations focused on nonagency jumbo loans, recently reported a second-quarter 2022 net loss of $100 million, after recording a net gain of $31 million in the prior quarter. Likewise, Atlanta-based Angel Oak Mortgage Inc., a real estate investment trust […more]
A wealthy tenant can now take up residence in the Wired House to find out if it provides the ultimate work-from-home solution.
Home Point Capital, the parent company of wholesale lender Homepoint, took a loss in the second quarter of 2022, even after reducing costs and selling mortgage servicing rights. The company reported reduced volume and lower margins caused by surging rates and an aggressive pricing strategy from its rival United Wholesale Mortgage (UWM). Homepoint, however, said it will not […more]