United States Real Estate Investor

Key Takeaways Active inventory rose 8.8% year over year in the week ending October 31, 2026, the highest weekly growth rate since late January, according to Realtor.com. New listings fell 5.2% year over year, so the inventory gain did not come from a flood of new sellers. It came from unsold listings piling up as buyer activity slowed. The median listing price fell 2.1% year over year to $410,000, the 42nd consecutive week listing prices were down from a year earlier, and the median price per square foot fell 1.4%. Homes spent a median of 65 days on the market, one day longer than a year earlier, for the second straight week that time on market slowed. Inventory is growing at its fastest weekly pace since late January, and almost no new sellers are causing it. That is the detail in Realtor.com's latest weekly update that changes how a buyer should read the market. Realtor.com published its Weekly Housing Trends update for the week ending October 31, 2026 , on Thursday. The report, ...

Key Takeaways The median monthly cost of owning a home with a mortgage hit a record $2,163 in 2025, up 3.5% from $2,090, according to the U.S. Census Bureau's 2025 American Community Survey 1-year data. The median mortgage payment alone was $1,598, up 2.4%. The $565 gap between that payment and the $2,163 total is the part of ownership most buyers forget to underwrite. The homeownership rate held at 65.3%, just 0.1 percentage points below its five-year high of 65.4%, and 59% of homeowners carried a mortgage. Median household income rose 3.9% to $84,780, but a buyer needed about $110,700 to afford a median-priced home near $424,000, roughly $26,000 more than the typical household earned. Owning a home has never cost more per month, and the Census Bureau just put an exact number on it. The surprise is not the record itself. It is how much of that record sits outside the mortgage payment. The Census Bureau released its 2025 American Community Survey 1-year data on October 29, 2026, co...

Key Takeaways LGI Homes closed 1,222 homes in the third quarter of 2026, up 10.4% from a year earlier, and net income rose to $24.6 million, or $1.05 per diluted share, from $19.7 million, or $0.85. New demand told the opposite story. Third-quarter net orders fell 61.2% to 609 homes from 1,570, and the quarterly cancellation rate rose to 53.8% from 33.6%. Ending backlog fell to 685 homes valued at $273.7 million, from 1,305 homes valued at $498.7 million a year earlier, and the company narrowed its full-year 2026 closings guidance to 4,600 to 4,800 homes. LGI sells at an entry-level average price of $367,962, so its order book is a direct read on whether first-time and move-up buyers can still qualify at mortgage rates above 7%. LGI Homes delivered more homes, made more money, and still had its weakest sales quarter in the numbers that matter most for what comes next. That split is the whole story. The Woodlands, Texas builder, which works 36 markets in 21 states and focuses on entry-l...

Key Takeaways Rocket Companies swung to third-quarter 2026 net income of $709 million, from a net loss of $124 million a year earlier, as total revenue, net nearly doubled to $3.28 billion. The profit did not come from selling more loans. Gain on sale of loans, net was flat at $1,028 million against $1,027 million a year earlier, while servicing fee income jumped to $1,032 million from $413 million. Rocket now services $2.0 trillion of loans for 9.1 million clients, the base its recapture engine uses to win repeat purchase and refinance business. Fourth-quarter adjusted revenue is guided lower, to $2.1 billion to $2.3 billion from $2.57 billion in the third quarter, so the company itself is planning for a smaller winter. Rocket Companies just posted the kind of quarter the rest of the mortgage industry has been waiting for. It also posted it in a way most headlines are getting wrong. The Detroit-based homeownership platform, which now includes Rocket Mortgage, Redfin and the former Mr....

Key Takeaways AGNT, Inc., the parent of eXp Realty and NextHome, grew third-quarter 2026 revenue 6% to $1.4 billion, but swung to a net loss of $4.3 million from net income of $3.5 million a year earlier. Agents and brokers rose 5% to 87,457, sales transactions rose 8% to 131,546, and sales volume rose 10% to $59.3 billion. Excluding NextHome, which AGNT bought in May, transactions grew just 1.7%, according to the earnings call. Operating expenses rose 7% to $87.9 million and adjusted EBITDA fell 3% to $17.1 million. The company ended the quarter with $111.4 million in cash and no debt. For the fourth quarter, AGNT guides revenue of $1.0 billion to $1.2 billion and adjusted EBITDA between a $7 million loss and breakeven. The parent of eXp Realty got bigger in the third quarter and made less money doing it. That split is the whole story in AGNT, Inc.’s latest results. AGNT, formerly eXp World Holdings, Inc., is the holding company for eXp Realty, NextHome, Inc., FrameVR.io and SUCCESS E...

Key Takeaways UWM Holdings swung to net income of $212.6 million in the third quarter of 2026, after a net loss of $451.9 million in the second quarter and net income of just $12.1 million a year earlier. Loan originations fell to $33.4 billion, down from $39.7 billion in the second quarter and $41.7 billion a year earlier, because refinance volume dropped to $10.6 billion while purchase volume held at $22.8 billion. Total gain margin narrowed to 124 basis points, from 133 basis points in the second quarter and 130 basis points a year earlier, even as total expenses fell from $635.1 million to $576.2 million. UWM was the first mortgage lender to offer VantageScore 4.0, and the company says approximately 25% of borrowers have experienced a more advantageous credit result from it. The country's largest wholesale mortgage lender is profitable again. It got there by shrinking, not by growing. UWM Holdings Corporation, the publicly traded parent of United Wholesale Mortgage, announced i...