Posts by John Yellig

Builder confidence falls again as housing market faces ‘inflection point’

Builder sentiment has taken a hit from an unexpectedly sharp increase in mortgage rates and continued disruptions in the supply chain, according to the National Association of Home Builders’ monthly...

Rocket Cos. top-ranked real estate company in Fortune’s 100 Best Companies to Work For 

Altogether, eight companies well known to members of the residential real estate community were included in the annual...

Residential Real Estate Council to provide MoxiWorks HR tools through Broker Solutions 

The tools include MoxiEngage, a CRM specifically designed for real estate agents; MoxiPresent, a comparative market-analysis presentation tool; and MoxiHub, a brokerage...

Mortgage applications continue falling in latest weekly survey 

The decrease comes as interest rates continue to climb, according to the Mortgage Bankers...

Pending-home sales down for fourth month in a row 

“Buyer demand is still intense, but it's as simple as ‘one cannot buy what is not for sale.” — National Association of REALTORS® chief economist Lawrence Yun...

New-home sales fall again in February 

Affordability and supply-chain issues continued to weigh on the sales of new single-family...

Existing-home sales swing back to negative territory in February 

The median existing-home price for all housing types in February was $357,300, up 15% from a year before, as median prices rose in each region.  ...

New-home construction picks up in February  

“More groundbreaking is welcome news for a supply-starved housing market.” — First American deputy chief economist Odeta...

Builder confidence falls on supply-chain issues, construction costs 

The measurement of six-month sales expectations among homebuilders took an especially negative turn in March, according to the National Association of Home...

Mortgage applications slide with rate hike and more Ukraine uncertainty ahead

“Investors are weighing the impacts of rapidly increasing inflation in the U.S. and many other parts of the world against the potential for a slowdown in economic growth due to a renewed bout of supply-chain constraints." — MBA associate vice...

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