Opendoor Axes 22% of Its Workforce Amid Continued Headwinds
The headwinds that began in the middle of 2022 have yet to give an inch as companies try to weather ...
Tag: housing recession
Multifamily Rents Rise Slightly After 5-Month Pause
After a 5-month-long stagnation, multifamily rents rose slightly by $3 in March to $1,706, according to a new report from ...
Annual Home-Price Growth Continued Single-Digit Slide in February
Home prices continued their 133-month streak of increasing, growing by 4.4% year-over-year in February, according to a new report from ...
Homeowning Is Slightly More Affordable as Housing Market Remains Stalled
About 94% of median-priced single-family homes and condos are less affordable in Q1 2023 compared to historical averages, down from ...
Leading Economic Indicators Continue to Point to a Recession
The Leading Economic Index (LEI) fell by 0.3% in February to 11, the same percent decline as in January, according ...
Multifamily Rents Stay Level in February
Multifamily rents were flat in February, unchanged from January and December, as asking rates averaged $1,702, according to a new ...
Market Challenges Strain Douglas Elliman Q4 Earnings
By now, it's understood that the market headwinds that manifested in the second half of 2022 dealt a blow to ...
5 Ongoing News Stories Agents Should Keep Up With
It seems like it always gets more difficult to carve out time for reading the news. With so much noise ...
Mortgage Mix: Rates Increase, but so Do Applications
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. According ...
Mortgage Rates on the Rise for Fifth Straight Week
The 30-year fixed-rate mortgage (FRM) averaged 6.73% this week, its fifth-straight week of increases and edging upwards of 7%, according ...
Crucial Seller Questions You Wouldn’t Have Heard Just a Few Years Ago
As opposed to even recently when sellers would let their agent handle most everything, now many want to be more involved. Read more.
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