Florida home sales register record gains.
Florida housing gains vary by community, price tier and property type, creating localized lending plays for private lenders monitoring inventory and demand.
The brokerage model is evolving, exemplified by Keller Williams’ JMG acquisition.
Keller Williams to acquire Jason Mitchell Group, enhancing its lead network model amidst speculation of a potential IPO. Insights for private lenders.
Top Cities for First-Time Homebuyers: Best and Worst Choices
Explore the challenges first-time homebuyers face in California's cities, revealing significant insights for private lenders in today's competitive market.
Bank regulators provide guidance on credit risk related to unauthorized workers.
OCC, FDIC, and NCUA emphasize the importance of managing credit risk for borrowers lacking work authorization, highlighting compliance with existing regulations.
Thomas Jefferson’s Childhood Residence Hits the Market for $17 Million
Explore the rare opportunity to acquire Thomas Jefferson's historic boyhood home, a National Register property, for $17 million, with private tours available.
Median Monthly Rent Sees Annual Decrease for 35 Consecutive Months
Median asking rents have decreased for 35 consecutive months, driven by an oversupply in multifamily construction relative to demand.
Investor Restrictions for Single-Family Homes Enforced by ROAD Act
New legislation restricts institutional investors owning 350+ homes from acquiring more single-family residences, while allowing exceptions for build-to-rent projects.
MBA Reports Decline in Mortgage Credit Availability in June
MBA's MCAI declined 2% to 105.8 in June, driven by a 4.6% drop in government programs, while conventional lending saw a slight 0.1% decrease.
June Inflation Miss Suggests Rate Hike May No Longer Be Likely
June's CPI rose by 3.5% year-over-year, with a 0.4% monthly decline. Flat inflation trends could diminish expectations for a July rate hike, impacting lending strategies.
Is Kelley Blue Book a competitor for your commission in the industry?
Kelley Blue Book Homes launches home value estimates and connects sellers with vetted agents, enhancing trust in pricing compared to Zillow’s Zestimate.