Real estate agents are mostly upbeat about the housing market, a new report finds, even as broader economic worries leave buyers and sellers uneasy about the future. When asked about their outlook on the housing market over the next 12 months, 48% of real estate agents were more optimistic in June compared to May, according […]
Real estate agents upbeat amid shifts in market: survey Read More »
Sales of previously owned US homes fell in June to a nine-month low as potential buyers continued to bristle at record prices and high borrowing costs. Contract closings decreased 2.7% in June to an annualized rate of 3.93 million, a report from the National Association of Realtors showed Wednesday. Economists surveyed by Bloomberg expected a
Existing-home sales fall to nine-month low on record prices Read More »
Mr. Cooper Group on Tuesday recorded mixed earnings for the second quarter that fell short of matching year-ago results and consensus estimates but were considerably stronger than the bottom line in the previous fiscal period. Servicing, including a $30 million mark net of hedges, was the key driver of the second-quarter’s $198 million profit. That
Mr. Cooper profit rises with Rocket deal in focus Read More »
Foreclosure headlines are making noise again – and they’re designed to stir up fear to get you to read them. But what the data shows is actually happening in the market tells a very different story than what you might be led to believe. So, before you jump to conclusions, it’s important to look at
The U.S. Foreclosure Map You Need To See Read More »
Figure Technology Solutions, a technology platform powering a liquid, blockchain-based marketplace for financial products, announced on Wednesday that Synergy One Lending is the first institutional client to fund through its Democratized Prime platform. Democratized Prime — and specifically, its home equity line of credit (HELOC) pool — is Figure’s decentralized marketplace that operates as a
Synergy One joins Figure’s Democratized Prime as flagship institutional client Read More »
In cities across the U.S., the scales have tipped, and most of the real estate industry hasn’t noticed. More than 44.5 million households in the United States are renter-occupied, accounting for 35 percent of all homes. But in many of the country’s most economically influential metros, that number isn’t 35 percent but the majority. Manhattan?
PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $136.5 million for Q2 2025 on revenue of $444.7 million, which executives attributed to big strides made in the broker channel and a servicing portfolio that has surpassed $700 billion UPB. During the earnings call, CEO and Chairman David Spector commented that PennyMac was experiencing
PennyMac, the top dog in correspondent, says its broker business is booming Read More »
On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with David Brooke — founder of the Brooke Team at eXp Realty — for a candid conversation about the challenges and rewards of team leadership in today’s real estate landscape. From navigating team turnover and agent burnout to building a strong, values-driven
eXp team leader David Brooke on how to overcome industry myths Read More »
Leading Real Estate Companies of the World (LeadingRE) has added digital listing and offer negotiation platform Final Offer to its Solutions Group — a curated program of preferred business resources available to its global network of 550-plus real estate firms. Final Offer provides tools that allow listing agents to share sellers’ preferred terms and timelines
Final Offer joins LeadingRE preferred vendor program Read More »
The enormous scale of the trade war initiated by President Donald Trump has the potential to upend practically every aspect of the economy, and the most vulnerable space in the real estate industry is homebuilding. Trump has targeted a number of key trading partners for homebuilders — including Canada, Mexico, China and Vietnam. He’s either
Homebuilders are weathering the trade war — for now Read More »