Decline in Cash Buyer Market Share Since Pandemic Peaks
Total home sales declined by 8.5% year-over-year, with cash transactions decreasing by 11.2%, indicating tightening market conditions for private lenders.
Social Security’s 2027 COLA may be the highest increase in four years.
Learn how the upcoming COLA announcement from the Social Security Administration could impact private lenders and the broader mortgage market.
Builder Confidence Continues to Dwindle Due to Affordability Challenges
Builder confidence remains low, highlighting ongoing challenges in the home building market driven by affordability concerns, impacting private lenders' strategies.
Lynn Beckstead, former president of SecurityNational Mortgage, has died
Obituary: veteran mortgage executive who founded a mortgage division, shaped origination and servicing practices; insights for private lenders and partners.
Real Estate Advocacy Raises Concerns for Agents Beyond Coastal Markets
Explore how ARA advocacy priorities are challenged, comparing Missouri's income tax battle with New York City's pied-à-terre tax initiatives for private lenders.
Rapid Growth in Real Estate Brokerage: Importance of Cash Flow and Control
Fathom's recent 10-Q reveals concerns about going concern and internal control weaknesses, outlining remediation steps following leadership transitions.
Zillow Layoffs Reveal Severance Terms and Reductions in Senior Positions
Zillow announces a workforce reduction of 500 positions, approximately 7% of its staff, implementing paid leave and severance options to enhance operational efficiency.
Coldwell Banker Affiliates President Discusses AI, Rates, and Luxury Market
Mary Lee Blacklock explores the resilience of the luxury real estate market and highlights how AI can enhance, rather than replace, the human touch in transactions.
Mamdani Withdraws Commitment to Develop Affordable Housing in Lower Manhattan
Local opposition has halted a proposed housing project at a community garden site, raising questions about affordable housing strategies and development in the area.
Offerpad Announces Plans to Resume Operations in the Coming Years
Offerpad CEO Brian Bair indicates a significant shift in buying activity with the introduction of four new products and a refined buy box strategy.