Fifteen years ago, in mid-September, Lehman Brothers collapsed and the financial system crashed. Troubles in the U.S. mortgage market infected the entire globe, and American families and businesses lost trillions of dollars and experienced an incalculable level of...
The majority of Canadian homebuyers are still happy to have a residence to call their own, despite the financial pressures they are shouldering. According to the 2023 Homebuyer Sentiment Survey published by the real estate marketplace Zolo, 93% of homebuyer...
Slightly more than one-quarter of homebuyers (26%) are looking to move to a different part of the country, according to new data from Redfin (NASDAQ:RDFN). This share is up from 24% one year ago and roughly 19% from the pre-pandemic era, and it also represents a...
The total value of the U.S. housing market is now 49% higher than the level at February 2020, the period before the start of the Covid-19 pandemic. According to data from Zillow Group (NASDAQ:Z, ZG), the housing market’s total value is slightly less than $52 trillion,...
Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...
Mortgage Machine Services, an Addison, Texas-based provider of digital origination technology to residential mortgage lenders, has named Dan McGrew as director of sales. In his new role, McGrew will be responsible for bringing the company’s digital mortgage...
Hits and Misses for the Real Estate Week of Aug. 24-28
