Compass CEO defends private listings, says MLSs make homes look ‘damaged’
Reffkin said 43% of listings had a price drop history in September, and 6% were pulled off market
Saluda Grade invests $20M in manufactured housing lender Zippy
Investment will help Zippy expand its 27-state footprint
Home Sellers Now Outnumber Buyers By 63%, the Biggest Gap Since the Post-Recession Housing Crash
House hunters had more negotiating power in September than they’ve had since the housing market crashed after the 2008 financial crisis, with 63% more home sellers than buyers. The number of buyers in the market dipped to the lowest level in records dating back to 2013, while the number of sellers
Core Inflation Tops Forecasts, Making an October Fed Rate Hike a Close Call
Takeaway: A higher-than-expected inflation report puts the odds of a rate hike in two weeks at 50/50. Rates will give back some of last week’s improvements. Both overall and core inflation–which excludes food and energy prices–jumped in September more than expected. Overall inflation for September c
