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(iStock/Illustration by Steven Dilakian for The Real Deal)
New York

Black mortgage applicants’ rejection disparity surges

Black applicants are being denied mortgages at a significantly higher rate than white ones — and the gap has...

Black mortgage applicants’ rejection disparity surges
Outpaced demand spurred largest decline in 18 months: Redfin (iStock)

U.S. home sales dropped 11% amid waning supply

The wide gap between supply and demand that dominated the U.S. housing market in 2021 appears to have culminated...

U.S. home sales dropped 11% amid waning supply
(iStock)

Mortgage rates hit 20-month high

Mortgage rates are as high as they’ve been in almost two years, a rise that could hamper buyers and temper the housing market’s hot streak. The Wall Street Journal reported the average rate for...

Mortgage rates hit 20-month high
Tech firms’ housing pledges coming up short
Issue

Tech firms’ housing pledges coming up short

Two years after Apple, Google, and Meta vowed to spend $4.5 billion to create more than 40,000 new homes...

Tech firms’ housing pledges coming up short
November US home contract signings drop. Yes, drop.

November US home contract signings drop. Yes, drop.

Pending U.S. home sales slipped last month as prices remained high and supply continued to dry out. Home contract...

November US home contract signings drop. Yes, drop.
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