NAR Reports Homeowners Benefit from Effective Policy This Tax Day
Tax reform impacts mortgage interest deductions, SALT cap relief, QBI deductions, and 1031 exchanges, influencing private lenders' strategies and filings.
Survey Reveals Home Sellers’ Optimism for a Profitable Spring Market
Survey reveals high seller optimism, with 74% believing it’s a good time to sell and 83% anticipating to achieve their asking price this spring.
Veterans United Pursues Dismissal of VA Impersonation and Steering Suit
Veterans United Home Loans seeks dismissal of a class-action lawsuit alleging misleading affiliation with the federal government and steering borrowers to pricier loans.
Mortgage Volume Declines at Major Banks Amid CEO Disputes Over Capital Proposals
JPMorgan Chase and Wells Fargo experienced a significant drop in mortgage volumes in Q1, highlighting challenges in meeting regulatory expectations.
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.
Will Housing Inventory Experience Year-Over-Year Declines?
U.S. inventory growth decelerated to 3.21% year over year as rates approached 6.64%, while new listings declined by 7.9%, signaling market challenges ahead.
Real Estate Highlights and Lowlights from the Week of April 6-10
Home sellers are reducing listing prices significantly, while Kansas faces ongoing property tax relief discussions, and a hurricane-damaged stadium reopens for baseball.
NAR resolves Tuccori homebuyer commission case with $52.25 million settlement.
NAR allocates $52.25M for the Tuccori homebuyer settlement, aiming to address Batton claims and enhance buyer confidence in the housing market.
Mid-Atlantic Region Sees Significant Increase in Property Listings
"Mid-Atlantic housing market sees a 3.7% increase in median sold prices, reflecting rising demand amid a surge in property listings."
First-Time Homebuyers Make Up 21% of the Texas Housing Market
First-time homebuyers represent a significant portion of the Texas housing market, highlighting trends and opportunities for private lenders to consider.