Housing demand persists even with elevated mortgage rates
Mortgage rates hold at 6.64%, while purchase applications dip 5% YoY. Inventory increases to 713,549, with spreads around 2%, signaling market trends.
Mortgage rates hold at 6.64%, while purchase applications dip 5% YoY. Inventory increases to 713,549, with spreads around 2%, signaling market trends.
Shain Urwin highlights the need for stronger broker protections while addressing refinance churning and the importance of attracting new reverse mortgage borrowers.
Discover how lenders are streamlining the closing process with eSignatures and remote online notarization, enhancing borrower satisfaction and efficiency.
BuildersUpdate.com introduces a “pay upon performance” model, reducing upfront marketing costs for builders and focusing on sales-driven effectiveness in a fluctuating market.
Discover a new five-story mixed-income apartment building in New Haven, featuring 57 units reserved for households at 50% of area median income.
"Michael Burry warns of a prolonged downturn in the housing market if economic conditions persist, impacting private lenders and investment strategies."
Legal experts highlight FinCEN's extensive control over real estate transactions, indicating potential for stricter regulations that may impact private lenders significantly.
Southwest Florida metros experience significant declines in home prices, with Punta Gorda leading at -11.93%, highlighting challenges from insurance and inventory issues.
Rising mortgage rates, Habitat for Humanity's milestone, and a new TV series exploring senior housing options spotlight key industry trends. Continue Reading Hits and Misses for the Real Estate Week of March 23-27
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Washington State will ban noncompete agreements starting June 30, 2027, requiring written notice to void existing clauses by October 1, 2027.