Declining Housing Permits Highlight the Necessity for 6% Mortgage Rates
Housing permits are nearing post-COVID recession lows, prompting homebuilders to seek lower rates to stimulate construction and address housing demand.
Jason Waugh of Coldwell Banker advises agents to adapt in a changing market.
Waugh highlighted that historical downturns in the housing market typically endure three to four years, referencing trends from the 1980s, 1990s, and 2008.
Rabois: Major Cuts Needed, Not iBuying, According to Opendoor Co-Founder
Opendoor's co-founder rejoins the board, advocating for cost reductions while emphasizing the continued importance of iBuying in the company's strategy.
Union Home Mortgage Acquires Sierra Pacific Mortgage Assets, Sources Say
Union Home Mortgage Corp. has agreed to acquire assets from Sierra Pacific Mortgage Co., potentially enhancing its market presence and operational capabilities.
New tool assesses homebuyer interest in off-market properties.
A new tool allows homeowners to present properties online, attracting buyers without formal listings, enhancing visibility and interest in the market.
Strategies to Enhance Your Listing Presentation and Secure Wins
Discover how to enhance your real estate listing presentations to effectively educate and impress clients, ultimately securing more listings and driving success.
Key States for Rental Agents to Monitor in the Coming Months
Explore the evolving U.S. rental market where increased vacancy rates and new construction present opportunities for rental agents. Navigate these changes effectively.
Optimal Timing for Home Purchases: Benefits for Buyers in Mid-October
Buyer activity may increase as active listings rise, while home prices are expected to stabilize, providing potential opportunities for private lenders.
Mortgage Applications Surge Before Upcoming Federal Reserve Meeting
Mortgage applications surged 29.7% as interest rates reached an 11-month low, driving refinance activity up by nearly 60%, presenting key opportunities for private lenders.
Congressional Real Estate Caucus Proposes Legislation for Housing Affordability
Explore new legislative efforts by the Congressional Real Estate Caucus aimed at enhancing housing affordability, crucial for private lenders and the market.