- April 19, 2025
Home sales stay surprisingly positive even with higher rates
Purchase application data Given the recent increase in mortgage rates, I anticipated a more significant decline in both the week-to-week and year-over-year data. Surprisingly, the
Ginnie Mae names Joseph Gormley as EVP and COO
“I am very happy to see Joe Gormley take the helm at Ginnie Mae as Executive Vice President and Chief Operating Officer,” said Scott Turner,
Homes.com’s Andy Florance hits back at Zillow
Letter from Andy Florance: “This week Zillow Executive Errol Samuelson announced that homes not listed on the MLS within 24 hours of public marketing —
Build-to-rent homes reach record completions
Dallas followed with 3,197 new units, while Atlanta came in third with 3,035, a 15% increase from the previous year. Houston wasn’t far behind, clocking
CoStar shakes up board, focuses on Homes.com profitability
On Monday, the Andy Florance-led firm announced its appointment of three new independent directors: John Berisford, Rachel Glaser and Christine McCarthy. These three new directors
Saluda Grade hires Jim Boothby to lead business development
“I’m excited to join Saluda Grade, as the firm has proven it can offer innovative and compelling alternative investment solutions,” Boothby said in a statement.
@properties was profitable prior to sale to Compass
The filings, which include financial statements for @properties for the first nine months of 2024 and the entirety of 2023, show that the firm was
How much lower can mortgage rates go with all this drama?
There are optimistic expectations among some for a potential recovery in the second quarter, as improved weather conditions and greater clarity regarding trade negotiations may
HUD halts housing discrimination investigations in Texas
HUD had determined that both cases warranted litigation, but within weeks of the second Trump administration taking office, the agency rescinded its referrals to the
Lower mortgage rates driving early spring home sales
4 positive readings 3 negative readings 3 flat prints Overall, we’ve seen positive growth year over year with most of the weekly data in 2025.
