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Latest US inflation data raises questions about Fed’s interest rate hikes

Latest US inflation data raises questions about Fed’s interest rate hikes

by Third Party | Oct 17, 2022 | Industry Updates, News/Current Events

Source: The Guardian —  Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain A fresh round of US inflation data released last week showed persistently high prices, raising more questions about...
Why Redfin Sank as Much as 18.1% This Week

Why Redfin Sank as Much as 18.1% This Week

by Third Party | Oct 17, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: The Motley Fool —  Investors are getting increasingly worried about the U.S. housing market. What happened Shares of Redfin (RDFN -7.03%) sank as much as 18.1% this week, according to data from S&P Global Market Intelligence.   Read...
PropTech Sector Sees Growing M&A Interest as Macro Trends Reshape Real Estate Market

PropTech Sector Sees Growing M&A Interest as Macro Trends Reshape Real Estate Market

by Third Party | Oct 17, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: William Blair —  Technological innovation is disrupting the residential real estate sector as investors and innovative companies seek to address all parts of the homebuying value chain and improve the experience of both real estate agents and consumers....
Some Real Estate Agencies Are Scrambling To Find Alternative Sources Of Revenue

Some Real Estate Agencies Are Scrambling To Find Alternative Sources Of Revenue

by Third Party | Oct 17, 2022 | Mortgage Information, Real Estate News

Source: Yahoo —  In an effort to boost its revenue, real estate listings giant Zillow Group Inc. started a home-flipping business that it believed would create an alternative revenue stream to just marketing properties online. That strategy didn’t last long...
Seven Charts Highlight the Strangeness of the Housing Market

Seven Charts Highlight the Strangeness of the Housing Market

by Third Party | Oct 16, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Planetizen —  Reporting for Bloomberg, Tracy Alloway and Joe Weisenthal examine the weirdness in today’s unprecedented housing market. “Yes, mortgage rates have shot up, crimping affordability. But at the same time, unlike in the era prior to 2008 and...
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