Texas homebuyers diversify in 2016 Texas saw outstanding growth in home sales during 2016 in several areas including condo sales and new home sales. Not only there more homebuyers in the market, but they are also a more diverse group than in previous years. International homebuyers, women and first-time homebuyers are all making... Read More
Opendoor raises $210 million, plans big expansion in 2017 Opendoor, an online marketplace that buys homes direct from homeowners, announced plans to expand beyond the two markets where it’s currently available thanks to a round of funding that reportedly values the company above $1 billion.
Freddie Mac: Market response to higher interest rates will be negative Freddie Mac released its outlook for November showing its predictions for 2017, and how higher mortgage rates will play out in the housing market. While the company said it expects growth in the economy in 2017, it does not expect the rising rates will have a positive effect on the housing market.
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