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Housing Wire
APRIL 24, 2024
million figure it posted during the same period last year but a significant improvement from the pretax loss of $54.2 million profit it posted in 2022. Pennymac Financial Services earned a profit of $39.3 million in the first quarter of 2024, the California -based multichannel lender and servicer announced Wednesday. billion in 2023.
Housing Wire
APRIL 30, 2024
National Home Price Index posted a 6.4% The 20-city composite posted a year-over-year gain of 7.3%, up from 6.6% The 20-city composite posted a year-over-year gain of 7.3%, up from 6.6% Markets in the Midwest and Northeast regions posted some of the fastest-growing home prices, while Southern markets saw slower price growth.
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Housing Wire
APRIL 25, 2024
The Northeast, South and West regions posted monthly gains in transactions while the Midwest recorded a loss. Year over year, the Northeast and the South registered decreases but the Midwest and the West posted gains. NAR’s Pending Home Sales Index increased to 78.2 in March, up from 75.6
Housing Wire
MAY 2, 2024
While revenue rose at eXp World Holdings during the first quarter of 2024, the firm was still unable to turn a profit due to the challenging housing market. In Q1 2024, the company reported a $15.6 million loss compared to a net gain of $1.5 million in Q1 2023.
Housing Wire
MAY 9, 2024
Guild Holdings Company , parent company of Guild Mortgage , recorded a 6% increase in mortgage originations and much higher revenue levels in the first quarter of 2024 than in 2023. Net income saw substantial improvements as the company continues to pursue an active acquisition strategy, according to an earnings report for Q1 released on Thursday.
Housing Wire
MARCH 20, 2024
Despite RE/MAX’s agent attraction and retention woes, Bhonsle firmly believes productive agents will be the key to firms succeeding in the post-NAR settlement world. “In They will have to find a way to attract more agents all of a sudden.”
Housing Wire
MARCH 7, 2024
The migration surge that characterized the early years of the COVID-19 pandemic has come to an end, according to an analysis from John Burns Research & Consulting. Against a backdrop of constrained housing supply , the pace of migration has slowed compared to 2020 and 2021. But where movement does occur, it tends to be over shorter distances.
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