Source: Market Watch — The midterm U.S. elections are coming. And elections have consequences for the housing market, according to a new report from investment bank Cowen. The report by Cowen’s Jaret Seiberg noted that the Nov. 8 elections will determine which...
Source: The Motley Fool — You’ll often hear that being a homeowner can lead to more financial stability. When you own a home and pay down your mortgage, you get closer to owning an asset whose value can grow over time. Plus, when you rent a home,...
Source: Quartz— The meteoric rise of mortgage rates has zipped past another milestone this year. For the first time since April 2002, the 30-year fixed-rate mortgage (FRM) topped 7% this week, according to data from Federal Home Loan Mortgage Corporation...
Source: The Real Deal — A challenging housing market halved Anywhere’s third-quarter profits compared to last year, and company executives said on an earnings call they think the market will get slower yet. That could mean more layoffs and lower commission...
Source: Tech Crunch — Zillow has laid off about 300 employees as it is shifting focus toward technology-related positions in the company, TechCrunch has learned from sources and confirmed with the company over e-mail. The Seattle-headquartered online real...
Source: CoStar — Kathleen McCarthy took to the stage at the opening of the Urban Land Institute’s annual fall meeting Tuesday to outline her property preferences as co-head of Blackstone Real Estate. But she spent a portion of her talk focusing on an...