Glenn Kelman, the CEO of Redfin (NASDAQ: RDFN), has a message for President-elect Donald Trump: Start powering the push for new home construction. Neither Kelman nor Redfin publicly endorsed Trump’s campaign. But in a blog posting on the Redfin website titled...
Home sales during October recorded a 6.7% increase from September and an 8.4% year-over-year rise, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-to-date measurement, RE/MAX reported 2024’s home sales exceeded 2023...
Mortgage application activity inched up for the week ending Nov. 8, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted basis from one...
October saw a total of 30,784 residential properties with foreclosure filings, up 4% from the previous month but down 11% from one year earlier. According to data from ATTOM, one in every 4,578 housing units nationwide had a foreclosure filing in October. Lenders...
The delinquency rate for mortgage loans on one-to-four-unit residential properties totaled 3.92% of all loans outstanding by the end of the third quarter of 2024, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 5 basis...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
