Jesse Williams

A significant drop in mortgage originations for the second consecutive quarter has industry insiders worried, as borrowers appear to be shying away from both refinance and new purchase lending in what is traditionally a peak season, according to a new report from ATTOM Data Solutions. After dropping 3% in the second quarter of 2021, new […]

They say if you love what you do, you won’t work a day in your life. But what if you live where you vacation, does that make every workday a holiday? Maybe not quite, but even so, thousands of people across the country have begun looking at their second homes, or at traditionally vacation areas, […]

The hits keep on coming for Zillow. After first pausing in October and then officially sunsetting its iBuying business earlier this month, Zillow has now been hit by two investor class-action lawsuits that claim, among other things, that the real estate giant “made materially false and/or misleading statements” in regards to iBuying, failing to disclose […]

The approximately $1.75 trillion “Build Back Better Act,” which dedicates unprecedented funding for a broad swath of social programs including housing, passed the House last Friday, despite stiff opposition from Republicans. The passage inches the bill forward, even as its fate and specific language will be subject to further scrutiny. Real estate advocates have mostly […]

Location is, and has always been, everything in real estate. The truism that where a property sits must be its most important characteristic remains undisputed. But what is location, really? What does it mean to homebuyers, and what are the consequences when changes come? The truth is, street layouts, public transportation systems, commuting routes, open […]

After the demise of Zillow’s iBuying service, real estate observers were anxious to hear from other players in the industry, with many positing that the entire iBuyer model might be in jeopardy. One of those players, relative newcomer Offerpad, announced its Q3 earnings last week—to the disappointment of anyone praying for the downfall of iBuying. […]

For some, the surprise early November announcement from Zillow that it would permanently wind down its iBuyer operation looked like a wake-up call for the iBuying industry. Even as companies have seen exponential growth over the last year or so, plenty of insiders wondered if iBuying had really proven itself sustainable. Zillow’s failure had even […]

A magnate, a mover, a titan in the industry, Gary Scott is coming home. Allen Tate Realtors® announced today that Scott, a 30-year industry veteran who most recently headed up Long & Foster, will return to the company where he previously served in a leadership role through the late 1990s and early 2000s—now charged with […]

As expected, the number of foreclosure filings across the country continues to climb upward, rising another 5% last month according to a new report from ATTOM Data Solutions, though analysts remain hopeful that the country is not headed toward a damaging spiral or crisis of home repossessions. “Foreclosure activity continues to increase,” said Rick Sharga, […]

Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022. Dolly Parton might still be plugging away at a nine to five, and BTO might still catch the 8:15 train into the city, but for most […]