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Will mortgage rates doom the housing market? The Real Word

USA Real Estate News-Inman - Tue, 2022-06-21 16:29
This week, Byron Lazine and Nicole White discuss rising interest rates, reluctant luxury homebuyers and an Inman Marketeer.

EXp to acquire Canadian real estate search portal, brokerage Zoocasa

USA Real Estate News-Inman - Tue, 2022-06-21 16:04
The acquisition is intended to help boost eXp Realty's online lead search generation and listing portal opportunities for its agents and brokers.

Opendoor’s buy-to-list premium drops dramatically: Mike DelPrete

USA Real Estate News-Inman - Tue, 2022-06-21 15:27
After reaching record levels earlier this year, Opendoor's buy-to-list premium has fallen dramatically — a reflection of a rapidly changing market. Here's why Mike DelPrete says it's a critical data point to watch.

USA Real Estate News - Tue, 2022-06-21 15:15

Existing-Home Sales Slip in May Under Rising Mortgage Rate Environment

USA Real Estate News-RISMedia - Tue, 2022-06-21 14:02

Rising mortgage rates—and subsequently the widening affordability gap—have sent ripples throughout the housing market that the National Association of REALTORS® (NAR) suggests have kept existing home sales on a downward track in May.

Housing Affordability Drops to 15-Year Low Under Prices and Mortgage Rates Surge

USA Real Estate News-RISMedia - Tue, 2022-06-21 14:01

If real estate professionals are starting to see more apprehension among buyers in their respective markets, it’s not without reason. According to recent data released by Zillow, buyer demand has retracted in recent months in response to the record-low affordability in the market.

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