Remove articles housingwire-magazine-april-2021
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End of forbearance programs won’t result in housing crash

Housing Wire

One year ago this month, I coined the term forbearance crash bros , an updated name for the housing bubble boys who never got their housing crash in 2020 so they moved the collapse of housing to 2021. Many other articles were written in tribute to this wonderfully talented group of internet crash callers. ended in April 2020.

Contracts 544
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New home sales trigger concern over lumber prices

Housing Wire

Today the Census Bureau reported 863,000 new home sales in April 2021. family houses in April 2021 were at a seasonally adjusted annual rate of 863,000, according to estimates released jointly today by the U.S. percent) above the April 2020 estimate of 582,000.” From Census : “Sales of new single?family

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Pending home sales crush hopes of forbearance crash bros

Housing Wire

Pending home sales were up a healthy 8% from April and just over 13% compared to the same month last year. The May 2021 Pending Home Sales Index of 114.7 Some of that make-up demand bled over into the early months of 2021. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. from one year ago.

Realtors 491
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How demographics shaped the housing market in 2021

Housing Wire

As we come to the end of 2021, we also approach the end of another year living with COVID-19. Although 2021 seems normal in comparison, it is perhaps even stranger because as a country, we have learned to normalize the consumption of goods and services with an active virus infecting and killing Americans each day. Already a member?

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How Zillow’s model crushed its iBuying business

Housing Wire

From my article in April: “This is my take on the reason why we saw double-digit year-over-year growth earlier this year. “Because we ended the year at only 5,640,000 total existing-home sales, I left the opening that we could see makeup demand early in 2021.” HousingWire Magazine delivered to your home or office.

Business 481
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Zillow earns profit, no thanks to iBuying

Housing Wire

million in net income for the second quarter of 2021, and $1.3 The figures compare favorably to the second quarter 2020 – Zillow posted an $84 million net loss and $768 million in revenue back then – but April through June of 2020 marked the housing market’s COVID-induced nadir. billion in revenue in the first quarter of 2021.

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Flagstar is banking on the private-label market

Housing Wire

has been on a tear in 2021 when it comes to pursuing private-label securitizations, with 13 deals backed by some 22,000 home loans valued at $8 billion now under its belt through mid-November of this year. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. HousingWire Magazine delivered to your home or office.

Marketing 429