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NAR: Housing market is ‘topping out’ due to inventory shortage

USA Real Estate News-Inman - Thu, 2021-05-13 17:41
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks, and single-family housing starts are ramping up.

Berkshire Hathaway Miami outpost to relaunch luxury magazine

USA Real Estate News-Inman - Thu, 2021-05-13 16:25
Through a partnership with Havas House, Miami-based Berkshire Hathaway HomeServices EWM Realty is expanding and revamping its long-running "Lifestyles of South Florida" magazine.

Fathom Realty sees jump in revenue, agent count and transactions in Q1

USA Real Estate News-Inman - Thu, 2021-05-13 16:00
The company, which went public last year, pulled in $49.6 million between January and March — a 72 percent increase year over year.

Genworth postpones IPO of its mortgage insurance business

USA Real Estate News-Inman - Thu, 2021-05-13 15:52
Citing volatile trading in shares of mortgage insurers, Genworth Financial has postponed plans to sell off part of its mortgage insurance subsidiary in an initial public offering.

Inflation concerns not reflected in latest mortgage rate survey

USA Real Estate News-Inman - Thu, 2021-05-13 15:27
A weekly mortgage rate survey from Freddie Mac shows rates continuing to slide, but the snapshot of average rates over a seven-day period doesn't fully reflect new data that's pushed rates up this week on renewed worries about inflation.
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