Housing

The housing market is beginning to stir as the year progresses, with more and more individuals searching and touring properties, according to a report issued by Redfin. What Happened: As the allure of low mortgage rates takes hold, purchases are starting to follow suit. Applications for mortgages...

The fractional real estate investment platform Arrived Homes hit a major milestone last month – funding its 200th single-family home. The company has now funded 203 investment properties with a total value of more than $75 million.  The homes were all funded by retail investors, who put...

As the mortgage industry braces for a decline in activity, Rocket Companies Inc (NYSE: RKT) CFO Brian Brown predicts that consolidation will be necessary, but potential homebuyers may see a silver lining in the form of lower home prices. What Happened: According to an analysis by Fitch Ratings,...

Fannie Mae Economic and Strategic Research Group (ESR) delivered a less-than-festive forecast for the economy last week. What Happened: According to the ESR's January 2023 commentary, despite ending the year on a stronger-than-anticipated footing, the economy is still expected to slip into...

A townhome in Washington D.C. owned by Sam Bankman-Fried, the co-founder of crypto exchange FTX, has been put on the market for $3.28 million. What Happened: This property was part of a larger collection of nearly $700 million in assets, which included cash and shares of Robinhood Markets Inc...

Home sales were down again in December, the 11th straight month of decline, according to the latest report from the National Association of Realtors (NAR). And while home prices continue to rise, it’s the lack of inventory that has many investors and observers concerned.  According to...

As mortgages continued to moderate, potential home buyers were flocking to the opportunity to secure a lower interest rate, Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey data showed. What Happened: The Market Composite Index — a measure of mortgage loan...

Who could forget 2021 and the cryptocurrency craze? It was definitely the “Year of Dogecoin” (CRYPTO: DOGE) for Benzinga readers as the "Top 5 Articles" were about the memecoin. But, as 2022 crept in, multiple crypto industry controversies and failures — Bahamas-...

Finding good news on the residential home front in the U.S. is a challenge at best.  Still, according to the National Association of Realtors (NAR), November saw a surprising jump in home sales. Here’s the caveat: The jump was fueled by buyers with a lot of money.  The key to the...

The year 2022 brought a thriving residential home investment market to its knees. But you’d never have guessed that based on how the year started, with skyrocketing home values and bidding wars. When the Federal Reserve began raising interest rates in February in its efforts to curb inflation...

If you’re waiting for a housing market crash, or a correction in prices that will make your dream home more affordable, the data shows you’re not alone. Single-family home sales fell for the 10th straight month in November to less than 4.1 million — down 3.5% from the same...

A four-week lagging (and leading) indicator which tracks mid-stage pending housing transactions edged lower in November, marking the sixth-straight month of declines, plummeting near pandemic lows. What Happened: Data issued by the National Association of Realtors (NAR) on Wednesday showed ...

According to a recent LendingTree survey, a sizable portion of Americans believe the once-booming housing market is about to see a significant crash, but some economists believe the pullback needed for a housing recession is already here. What Happened: Some 41% of Americans, according to a...

As the economy teeters on the brink of a recession, potential home buyers wrestling with high-interest rates, low affordability, and overpriced homes are asking themselves how to build the wealth they need to purchase their first primary residence. According to a consumer insights report issued by...

Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different...