The average starter home in the United States sold for a record high last month, yet sales notably increased. The average price of a starter home rose 2.2% from last August to $206,508, while starter-home sales increased 3.8% year over year, according to a new report from Redfin, a subsidiary of Rocket Cos. August marked […]
Starter home sales climb despite record-high prices Read More »
The US Federal Trade Commission sued to block a partnership to make Zillow Group Inc. the exclusive provider of information on apartment rentals offered by Rocket Companies Inc.’s Redfin. In a complaint filed in Virginia federal court, the FTC said the partnership would reduce the number of websites offering apartment listings, leaving consumers with fewer places to
FTC sues to unwind Zillow-Redfin rental listing partnership Read More »
The Federal Housing Administration’s deadline for the most recent tweaks to new distressed borrower protocols has been pushed out further toward next year with a potential government shutdown looming, but most things are still changing as the month turns. “There is no Covid waterfall and there is no HAMP,” said Julienne Joseph, founder and principal
Servicers get extension for FHA updates at tough time Read More »