Tag: real estate
Fannie Mae’s Earnings Soar in Q2 2021
Fannie Mae’s earnings jumped to $7.2B in Q2 2021. This earnings jump represented a near-tripling of its earnings on an annual basis.
Fannie Mae Posts...
Profit Margins Fall in Q2 2021
Profits from home sales remain high but the typical home sale nationwide in Q2 2021 dropped to a net 45% profit margin from 48%...
Counties with Highest Levels of Institutional Investment
Institutional investors nationwide accounted for 4.6% of all single-family and condo purchases in Q2 2021, the highest level of institutional investment since Q4 2015.
Institutional...
June’s Home Prices Hit Highest Annual Growth Since 1979
CoreLogic’s Home Price Index (HPI) in June 2021 gained +4.5% y/y. This 4.5% HPI gain was the highest year-over-year gain since 1979.
Home Price Index...
Utah Faces Biggest Fire Risk of All Western States
39% of homes in Utah face risk of burning. California has most real estate in jeopardy of burning.
Utah At Greatest Risk of Fire in West
Utah,...
eXp World Holdings Q2 2021 Earnings Report Blows Away Expectations
EXp World Holdings, the parent company of eXp Realty, reported that its revenue increased +183% in Q2 2021. Its revenue haul for the quarter...
CDC Issues New Eviction Ban Effective through October 3
The Centers for Disease Control and Prevention (CDC) issued an eviction ban effective across most of the US until October 3.
CDC Issued New Eviction...
Home Prices Up in Nearly All Metros During Q2 2021
Home prices in Q2 2021 exceeded values from one year ago in 97% of all US metro areas. Nationally, the median home price was...
Hiring strong in July
The American job market roared back during the month of July. 943,000 new jobs were added, according to the US Labor Department.
Employers Add 943,000...
Where is Homeownership Going?
Urban Institute looks at future of homeownership in US. Correlation between household formation (headship rate) and homeownership.
Homeownership Trajectory
According to the Urban Institute, all real...
