Optimal Blue reports significant rise in purchase locks for March.
Optimal Blue reports a 13% increase in locks month-over-month, driven by a 38% surge in purchase volume, while the 30-year conforming fixed-rate index reached 6.35%.
Cybercrime Targeting Seniors Is Increasing, Resulting in Significant Losses
Investment fraud, particularly involving cryptocurrency and fraudulent trading platforms, has significantly impacted seniors, leading to substantial financial losses.
NYC Ultra-Luxury Real Estate Market Grows During Global Instability
Broker insights reveal a growing trend of families relocating from Dubai, highlighting shifts in market dynamics post-COVID that private lenders should consider.
Texas Governor Abbott Unveils Proposal for Tax Relief Plan
Texas homeowners and renters face financial pressure as local budgets swell, prompting Governor Abbott to propose a tax relief plan to address affordability.
New York Moves to Regulate Private Listing Networks
New York's proposed bill seeks to mandate public listing marketing and regulate private listing networks, reflecting a growing trend among states to improve transparency.
Maine Home Sales and Median Sales Price Remain Unchanged Year-Over-Year
Sales in the Northeast dropped 12.2% year-over-year, while median sales prices rose 5.7% to $494,500, indicating a shifting market landscape.
WRS Inc. Launches $1.2 Billion Mixed-Use Development in the DC Area
WRS Inc. initiates a $1.2 billion mixed-use development in the DC area, focusing on essential infrastructure to support future growth and urban planning.
March Sees Decline in Existing Home Sales
Median existing home sales prices show a slight increase, signaling potential shifts in the market. Explore current trends affecting private lenders.
Yasser Valdes Herrera Appointed President of Americas Mortgage Platform
Yasser Valdes Herrera's promotion to President of Americasa Mortgage Platform highlights a strategic leadership move within National Mortgage Bankers.
Third Point Withdraws from CoStar, Concluding Activist Investment Efforts
Third Point divests CoStar shares following calls for board changes, while Homes.com explores options amidst CoStar’s ambitious 18% growth target.