As home prices dip, so do profit margins
A new report from ATTOM indicates profit margins are starting to come down as interest rates rise and home sales slow.
October 25, 2022
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
Page 52 of 52
- Utah MLS CEO recognized for leadership, innovationBrad Bjelke was recently named the Shuttleworth MLS Executive of the Year for working to build a better marketplace.October 24, 2022
- ‘Focus on a career, not a year’: Gary Keller on working through a downturnKeller sees opportunities for agents and brokers who remain proactive and double down on the aspects of their business that work well.October 23, 2022
- Tech companies focused on tools to help agents thrive in a slower marketCEOs of MoxiWorks and Curaytor discussed how tech can support agents and give them more time to do what they're best at.October 23, 2022
- Housing affordability worse across the US, but a correction is comingAn ATTOM report finds that affordability continues to dip in nearly every county, but signs point to a gradual easing and slower rates of home appreciation.October 21, 2022
- 'Zoom towns' not booming anymoreWith rising mortgage rates and housing prices that surged during the pandemic, cities that attracted out-of-town buyers are now seeing sharp slowdowns.October 17, 2022
- Affordability continues to drive homebuyer migrationWith interest rates pushing up mortgage payments, buyers are looking for more affordable housing options — and will relocate to find them.October 17, 2022
- Tim Dain returns to MLS arena, sees positive changes aheadDain took the reins of NorthstarMLS in September, overseeing an organization that works with more than 22,600 agents and brokers across two Midwest states.October 17, 2022
- Low inventory may continue to plague buyersThe housing slowdown, while offering modest relief for buyers, is being offset by high interest rates that are keeping prospective sellers out of the market.October 17, 2022
- Annual home prices are still rising — slowlyCoreLogic predicts prices will continue to increase year-over-year, but growth will slow considerably in the coming months.October 17, 2022
- New tech, more collaboration are the future of MLSsGreater cooperation between MLSs — regionally and across the country — will benefit both the organizations and their members, according to industry experts.October 17, 2022
