Redfin Poised to Enter the Rental Game
CEO Glenn Kelman says his company will "aim to compete with the largest portals on every front, for every visitor" in 2020, adding that he expects "a wild battle." The [...]
Despite Pandemic, the Need for Smaller Homes Remains
A study released by the Harvard Joint Center for Housing Studies has found that while the pandemic has yielded the need for bigger and more spacious homes, the demand for [...]
Active Forbearance Numbers Trending Upward
The number of active forbearance plans is on the rise, as a critical deadline looms where nearly 600,000 seriously delinquent borrowers near the end of their forbearance terms. The post [...]
Big Cities Have Disproportionately Low Number of Black Homeowners
Even in areas with a large Black population, people of color face frequent setbacks when it comes to achieving homeownership, a factor that plays heavily into determining overall wealth. The [...]
Homepoint Hires First Chief Diversity and Inclusion Officer
DeAndre Lipscomb will be responsible for partnering with business leaders to develop and implement strategic, programmatic, and operational initiatives that promote a culture of diversity, equity, and inclusion. The post [...]
Opportunity Zones: Housing Performance Scorecard
A new report examines home price performance in Opportunity Zones as compared to that of other regions. Here's why the report suggests that "many distressed communities are ripe for the [...]
The Week Ahead: Fed Chair Jerome Powell’s Congressional Report
Next week, Fed Chair Jerome Powell will once again appear before Congress to update the legislature on monetary policy. The post The Week Ahead: Fed Chair Jerome Powell’s Congressional Report [...]
A Look at ‘Economically Integrated’ Neighborhoods
A new Redfin study analyzed the mix of affordable and high-end homes in neighborhoods across 30 of the largest American cities to determine which are the most economically-integrated. The post [...]
NY Court of Appeals Rules on Foreclosure Deceleration, SOL
A legal expert discusses why this is good news for mortgage servicers and how it provides a “clear, bright path” forward for cases that may have been snared by potential [...]