Mortgage rates have spiked as a result of rising inflation and stronger than expected consumer spending, according to new data released by Freddie Mac (OTCQB: FMCC).
While mortgage rates were on the rise, housing starts were in decline, based on the latest federal data.
A record 146 more cities saw their typical home values rise to at least $1 million during 2021, according to new data from Zillow Group Inc. (NASDAQ:Z, ZG).
One of the newest companies to get listed on a stock exchange is Denver-headquartered Inspirato (NASDAQ: ISPO), which went public on Feb. 11 following its merger with Thayer Ventures Acquisition Corp.
Zillow Group Inc. (NASDAQ: Z) shares are advancing to their highest level in about a month after the online real estate company reported its quarterly results.
Zillow Group Inc. (NASDAQ: Z) shares are pushing higher after the company announced strong fourth-quarter financial results. Zillow reported quarterly revenue of $3.88 billion, which beat the $2.78 billion estimate.
Innovative Industrial Properties, Inc. (NYSE: IIPR), a cannabis-focused real estate company, closed on the acquisition of a New Jersey property and entered into a long-term lease with a subsidiary of Ascend Wellness Holdings, Inc. (OTCQX:
Real estate investment platform CrowdStreet just released its latest offering today for Myers Corners Self Storage, a 1,356 unit Class A climate-controlled self-storage facility in Wappingers Falls, New York.
The U.S. housing market experienced the beginnings of a mortgage servicing sinkhole last month with 23,204 residential properties with foreclosure filings, a 29% increase from the previous month and a 139% surge from one year ago, according to data released by ATTOM, the parent company of RealtyTrac.