Adobe Stock This summer marked the strongest buyer’s market for housing in over a decade, according to new industry data. There were 35.2%, or about 506,000, more sellers than buyers in the housing market last month, a new report from Redfin shows. June and July were the only months in records dating back to 2013 […]
Summer clocks in strongest buyer’s market in years Read More »
Adobe Stock Profits for home flippers have been on a steady decline for more than a decade, and return on investment hit a 17-year low in the second quarter of this year, impacting a market some lenders serve. The average return on investment for a flipped home was 25.1% in the second quarter of 2025,
Home flipping profits drop to new multiyear low Read More »
Radian Group is diversifying its operations away from real estate finance, exiting its businesses outside of mortgage insurance and purchasing a specialty underwriter. In related moves, Radian will be acquiring Inigo Limited, a Lloyds specialty insurer for $1.7 billion in what it termed “a primarily all-cash transaction.” Meanwhile, in what Radian lately has called its
Radian says hi to specialty insurer, bye to conduit, title Read More »
President Donald Trump has been considering declaring a National Housing Emergency over the past few weeks, and some housing organizations are putting in requests for items to be included. The Community Home Lenders of America and the Community Associations Institute jointly asked the administration Wednesday to allow the Federal Housing Administration to insure loans on
Housing organizations call for condo loan flexibility Read More »
Affordable housing groups weighing on behalf of underserved communities are advocating for a cautious approach to the government-sponsored enterprise reform the Trump administration is pursuing. “Any changes to the enterprises cannot raise costs on renters and homeowners,” the Underserved Mortgage Markets Coalition said in laying out one of its priorities for reform as administration officials
What underserved market supporters want to see in GSE reform Read More »
Adobe Stock Mortgages no longer sit atop the payment hierarchy, as distressed consumers are 19% more likely to pay their auto loans first, according to FICO’s inaugural Score Credit Insights report released Tuesday. Mortgages had previously held the top spot from 2020-22. For consumers with open auto loans and mortgages, the 90-plus-day delinquency rate from
Auto loans pass mortgages on payment hierarchy Read More »
A federal judge in Colorado ruled against a motion to dismiss from Rocket and Solidifi over allegations of appraisal bias that the U.S. government has pursued. The homeowner involved, Francesca Cheroutes, is part of the complaint as an intervening plaintiff. The motions sought to dismiss the allegations raised by both the government and Cheroutes. The
Judge rejects Rocket’s motion to dismiss discrimination suit Read More »
U.S. property owners saw home equity pull back in the second quarter as housing cost growth moderated, but while accrued amounts still sit near recent highs, the rise in underwater loans is raising concerns. Homeowners lost an average of approximately $9,200 in equity on a year-over-year basis between April and June, according to the report
Home equity values decline from a year ago Read More »
Property insurance costs have gotten so high in Miami, that more than one-in-every-five homes do not have coverage, a study from Valuepenguin found. Nationwide, in the nation’s 50 largest metro areas, homeowners spend an average of 7% of their expenses on property insurance. But in Miami, 13.1% of monthly homeownership costs go toward coverage, followed
Miami property insurance so costly that 20% skip getting it Read More »
Angel Garcia/Bloomberg The Trump administration has made efforts during its first eight months back in office to legitimize cryptocurrency in the U.S. economy, and Linkhome Holdings is getting ahead of the curve. The AI-powered real estate company launched a platform that allows buyers to purchase property with cryptocurrency, it announced in a press release Monday.
Real estate company launches crypto-based platform Read More »