New Jersey Realtors Advocate for Tiered Fee Relief Measures
The group contends that the policy has increased expenses in real estate transactions, exacerbating the pressing issue of housing affordability.
View Homes Appoints Natasha Gandhi as CEO to Propel Growth Forward
View Homes appoints Natasha Gandhi as CEO post-acquisition by Hunt Companies, marking a strategic growth phase that unites regional homebuilding and patient capital.
Existing-home sales rise as spring market challenges emerge.
Total inventory increased to 1.29 million units, reflecting a 2.4% rise from January and a 4.9% year-over-year gain, indicating market shifts for private lenders.
Mortgage Credit Availability Increases 1.1% to 107.1
Mortgage credit availability increased by 1.1% to 107.1, driven by a 2.7% rise in conventional loans, while government loans saw a decline of 0.8%.
Mortgage Rates Remain Stable Around 6.15% Amid Oil and Job Market Risks
30-year mortgage rates remain around 6.15% amidst a decline in employer payrolls, with markets anticipating no Federal Reserve rate cut in the near future.
Crexi Enhances Residential Rental Data Amid Algorithm Limitations
Residential rent data is increasingly valuable as legal changes affect landlord practices. Crexi partners with Dwellsy to enhance its data capabilities.
Howard Hanna NYC appoints new head of business development.
Hal Gavzie will assist agents in utilizing marketing, technology, and referral resources, enhancing their access to the extensive Howard Hanna platform.
Wendy Forsythe introduces a 6-step framework book for agents to scale sustainably.
Wendy Forsythe, eXp CMO, introduces "Leverage Your X-Factor," with all proceeds aiding the eXp Extend a Hand program, supporting agents and staff in need.
Banks Rapidly Adopt AI Yet Struggle with Strategy and Governance
A recent survey reveals that while 61% of institutions are exploring AI, only 12.2% have a strategy in place, highlighting a gap in data readiness and resourcing.
Interest Reserves: Your Cash Flow Lifeline for Land Development Loans
An interest reserve is a pre-funded portion of a private mortgage note that covers interest payments while land development produces no revenue. Learn how reserves protect developer cash flow, keep notes performing for lenders and investors, and what servicers must do to administer them correctly.