More borrowers are turning to adjustable-rate mortgages to save money as interest rates climb.
A shortage of buyers and scarce new listings are leading to an uptick in homes sitting on the market longer than a month. While this is good news for buyers, it’s a source of frustration for sellers, Redfin reports.
Compass revealed big losses — to the tune of $100 million — in its second quarter report. And as a result, the firm will no longer offer equity or cash incentives to new agents.
Off-market real estate app DropOffer is moving into six new markets, including Houston, Atlanta, Phoenix, Dallas, Charlotte and Tampa.
Homebuyers may catch a break this month as rates have come down nearly a point from the recent high on fears of a recession.
Airbnb analyzed booking data for long-term guests & their hosts & found that Houston is among the most popular U.S. cities for remote workers.
The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.
Are your neighbors the worst? Whatever it is that grinds your gears, you can bet it comes in on this list of the top neighbor frustrations.
The platform, which recently announced its entry into markets across the country, is led in part by Josh Altman of Million Dollar Listing.
Matching June’s historic move, the Federal Reserve announced that interest rates are rising .75%. The target range for the federal funds rate now sits between 2.25% and 2.5%.