The past year has been like no other, housing-wise. Near-record-low interest rates, tight housing supplies and greater flexibility in where one lives have pushed a normally predictable housing cycle into uncharted territory, as three new housing reports show.
Tag: Redfin
Industry Briefs Monday Feb. 22 2021
Redfin, Seattle, announced it entered into an agreement to acquire RentPath, an Atlanta-based owner of ApartmentGuide.com, Rent.com, and Rentals.com, for $608 million in cash.
Housing Market Roundup
Here’s a quick-hit summary of several housing and housing finance reports released over the past several days:
Industry Briefs Feb. 16 2021
LodeStar Software Solutions announced an integration with Mortgage Coach, creator of the Total Cost Analysis Borrower Conversion Platform. This integration allows lenders of any size to include accurate closing provider fees when creating a Total Cost Analysis for borrowers.
Record-Low Inventories Drive Record-Low Contract Periods
With record-low housing inventories and sharply increasing home prices, what else could happen? How about record-low contract periods, according to both Redfin, Seattle, and Zillow, Seattle.
Industry Briefs Feb. 3, 2021
Rocket Mortgage, Detroit, launched a national mortgage broker directory, which is prominently displayed on its website.
Industry Briefs Jan. 26, 2021
SitusAMC Holdings Corp., New York, acquired Assimilate Solutions LLC, a provider of mortgage and title knowledge process outsourcing and information technology outsourcing platforms.
For Housing, ‘A’ is for ‘Austin’
One report says Austin, Texas will be the nation’s hottest housing market in 2021. Another report says it already is.
Industry Briefs Jan. 12, 2021
Verus Commercial Real Estate Finance, New York, launched a new product for financing of Single-Family Home Rental Portfolios.
Housing Market Roundup, Jan. 4, 2021
We hope you had an enjoyable holiday break. Here is a summary of some reports that came out over the holidays: