U.S. Home-Flipping Profits Sink to Lowest Level Since 2008 Financial Crisis as Costs Climb

Home flippers in the U.S. are seeing profits evaporate to levels not seen since the financial crisis, as surging acquisition costs squeeze margins even in traditionally hot markets. Roughly 78,600 single-family homes and condos were flipped in the second quarter of 2025, accounting for 7.4% of all U.S. home sales, according to ATTOM's latest U.S. Home Flipping Report. That share was down from 8.3% in the...

Where do mortgage rates go from here?

Mortgage rates hit a low of 6.13% before the Federal Reserve meeting last week and then rose higher to close the week at 6.35%. I discuss what happened at the Fed press conference in this episode of the HousingWire Daily podcast and then covered the next two days of wild pricing in this episode. Let’s take a look at mortgage rates this weekend and see where rates can go the rest of the year. 10-year...

How to Renovate a Small Backyard (15 photos)

A small backyard can hold more than a patio, a few plants and some grass. With the right design and some clever moves to visually expand your space, you can add more features than you might imagine. In many ways, renovating a small yard is no different than tackling a larger space — you’ll...

Have lower mortgage rates already changed the housing market?

Mortgage rates fell to almost 6% just before the Fed announcement on rate cuts, then rose slightly to close out the week. Have lower mortgage rates already changed the housing market? Yes. Housing data started to change in our weekly Housing Market Tracker in mid-June and I’m writing this weekend’s tracker a bit differently to focus on the impacts of lower mortgage rates on the supply and demand data...

20 Favorite Flowers for the Fall Landscape (24 photos)

Gardeners tend to get excited about spring, looking forward to trying out new plants and maybe even making a big move and changing their landscapes. And in summer there’s the joy of the garden in full bloom, and most fruit trees and vegetable gardens produce abundantly. By September, though, even...

Tech Pulse: Real estate referral landscape; new e-sign tool

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: From Zillow to sphere: Why you must know the source of your real estate referrals Real estate agents are navigating a shifting lead-gen landscape — balancing referrals, paid...

Zillow faces class-action suit over Premier Agent, Flex commissions

Zillow is facing yet another lawsuit. Filed on Friday in U.S. District Court in Seattle, the lawsuit alleges that the portal tricks consumers into using agents affiliated with Zillow through its Flex and Premier Agent programs, resulting in inflated home purchase prices.  The suit was filed by Alucard Taylor, who purchased a home in Portland, Oregon, in 2022 using a Zillow-affiliated agent. According...

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