Home Sales Increase for Fourth Consecutive Month According to REMAX
Explore the latest trends in home sales, with new listings seeing a decline, yet overall sales on the rise, impacting private lenders' strategies.
Home Sale Cancellation Rate Remains Consistent at 13.6%
Home-purchase agreement cancellations in Atlanta reached 18.8%, the highest among major metros, indicating potential market volatility and lending opportunities.
Mortgage Applications Decrease 3.8% While Purchase Demand Remains Strong
Mortgage applications declined by 3.8% last week, with 30-year conforming rates at 6.60% and refinance share at 40.3%, indicating market challenges.
Lamacchia Realty Obtains Vermont License, Expands Throughout New England
Lamacchia Realty expands into Vermont, marking its seventh state. With six licensed agents, the brokerage continues strong performance in real estate transactions.
Pending Home Sales Increase Across All U.S. Regions
The Pending Home Sales Index indicates a 3.8% increase in signed contracts for existing homes, reflecting a positive trend for market activity and private lenders.
Pending Home Sales Increase Despite Rising Interest Rates
Pending sales increased 4.8% year-over-year as mortgage rates remained below 7% and inventory gains moderated price fluctuations, signaling market resilience.
UWM Introduces Loan Program for Medical Professionals
UWM introduces doctor loans tailored for medical professionals, featuring low or no down payments, absence of mortgage insurance, and flexible student debt criteria.
Lessons for Real Estate Agents from David’s Victory Over Goliath in the NBA
Explore a strategic guide for agents to effectively compete with portals and large teams through preparation, follow-up, and consistent outreach efforts.
Bed Bath & Beyond to Purchase Fathom Holdings in Stock Transaction
Bed Bath & Beyond plans to acquire Fathom in an all-stock deal valued at $53.38M, offering 0.2236 shares per Fathom share. Strategic growth on the horizon.
Lawmaker urges FTC to evaluate agent referral tools on real estate platforms.
Rep. Ben Cline has called on the FTC to investigate "contact agent" tools and possible steering practices towards affiliated lenders that may increase buyer costs.