Analysis and Data
Total funded originations for quarter for Rithm's Newrez were $11.8B, a 9% YoY increase
New single-family listings rose 10.8% in March as median prices dipped 1.9% year-over-year, Florida Realtors reports
Typical U.S. home sale profits dipped to 50% in Q1 2025, down nearly 5 points year-over-year, according to ATTOM data
Only 18% of Californians could afford a median-priced home in 2024, with affordability gaps persisting across ethnic groups
Loan production fell 10% in Q1, but purchase share climbed and borrower recapture hit 51% amid broader strategic realignment
Loan acquisitions fell 18% in Q1; EPS missed forecasts by $0.40; $1B in new securitizations completed
National price growth slows to 2.1% — lowest in nearly two years — as listings rise and demand cools
Refinance activity drops 20%, while purchase applications fall 7% amid economic uncertainty, MBA survey shows
28% of prospective buyers plan to include multiple generations under one roof, Veterans United survey finds
More would-be homebuyers skip the wedding gift registry, instead ask for cash to help with down payment on a home