Investors gobble up fixer-uppers despite scarce inventory
Investors are increasingly seeking fixer-uppers to flip, hoping the venture is anything but a flop. Even though they’re emboldened...
interest rates
The Latest
Investors pile into house-flipping
The number of investors backing house-flippers jumped 50 percent in two months, as low interest rates continue to drive the hunt for higher profits. Research firm Attom Data Solutions found that the gross earnings...
Active home listings hit record low
It began with toilet paper, but it’s been homes for a while. Pandemic buying has whittled the number of homes for sale in the U.S. down to an all-time low. Active listings dropped below...
Issue
The mirage of low interest rates
Record-low interest rates have created an unprecedented opportunity for homebuyers. That’s the party line in the residential industry. But that’s not how things are playing out on the ground. Many buyers have little chance...
Insights
Older Americans increasingly saddled with housing debt
The share of older Americans with housing debt has doubled over the last 20 years, rising from 15.3 percent...
US housing supply reaches nearly 40-year low
The coronavirus pandemic has exacerbated the severe housing supply shortage in the U.S., with the number of homes on...
Mumbo jumbo: Why are mortgage rates all over the place?
Jumbo loans, typically seen as lower risk investments by banks, are seeing rates vary widely among lenders. The mortgages,...
Real estate stocks outperform broader market but still sink
Real estate stocks recovered some of their losses after signs of a second wave of coronavirus infections pushed the...
Fed “not in any hurry” to raise interest rates: Powell
The Federal Reserve won’t push up interest rates any time soon, the central bank’s chairman said Wednesday as the...
Proptech and the pandemic: Will coronavirus change how real estate works?
Proptech pioneers have long sought to disrupt the real estate industry with new ways of doing business. Will the...
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