Study Finds Family Contributions Aid One-Fourth of Young Homebuyers’ Down Payments
Increased support from family is aiding young homebuyers, with down payments averaging $63,000. Explore how this trend impacts lending strategies.
Weekly Decline in Housing Inventory: An Analysis of Current Trends
Housing inventory declines while purchase applications rise 25% year-over-year, highlighting trends important for private lenders in today's market.
Preparing for the Evolving Needs of Future Homebuyers and Investors
Explore how the gig economy's rise is transforming homebuying, prompting brokers to innovate loan products tailored for this evolving demographic.
Key Outcomes in Real Estate from the Recent Week’s Market Activity
Explore key updates on Gavin Newsom's grant funding initiatives, crucial MLS data access agreements, and the impact of investor activity on the housing market.
Kentucky Lowers Property Tax Rate for Fifth Consecutive Year
Kentucky's reduction of the property tax rate to 10.6 cents reflects a continued trend that may influence private lending and real estate investments.
Compass Expands Exclusive Listings to Competitors with Conditions Applied
Brokerages will soon access data via direct feeds or system integration, enhancing collaboration with MLSs and streamlining processes for private lenders.
House Democrats respond to crypto legislation with anti-corruption initiatives.
Reps. Maxine Waters and Stephen Lynch aim to unite Democrats against Republican initiatives accelerating cryptocurrency legislation, impacting regulatory frameworks.
Retirees Feel Impact of Housing Market Slowdown After Selling Homes
Retirement facilities face challenges when the housing market stalls, as they depend on large upfront fees to manage debt and sustain their operations.
Bilt secures $250 million to enter the mortgage market with UWM support.
Bilt has successfully secured new funding led by General Catalyst and GID, enhancing its loyalty program that transforms rent payments into rewards points.
Compass Expands with Acquisition of PorchLight Real Estate Group in Denver
Brokerage expands operations in Colorado to enhance its market presence. Financial details of the transaction remain undisclosed, signaling strategic growth.