Analysis and Data
Census data for Q1 2024 indicates decreases in homeownership rate for people under 35 and over 65
Net income dropped from Q1 2024's $180.5 million.
Unemployment rate at historic low
Redfin reported that high-fire-risk counties saw 63,365 more people move in than out in 2023.
Results show year-over-year growth in earnings and origination volume
Inventory is getting stale, agents say, due to continued high rates, payments
Sixty-percent of Veterans and civilians who plan to buy in the next three years say the 2024 election is a factor in their purchasing timeline, according to a survey from Veterans United Home Loans.
The GSE's net income represented a decrease of 6% year-over-year.
"We're nearing that time," Fed Chair Powell said of a reduction in the policy rate.
Newrez, Rithm's mortgage company, recorded an origination and servicing segment pre-tax income of $247.7 million.