Report Finds Close to 15% of Home Sale Agreements Canceled in June
Jacksonville topped the national chart with over 21% of home purchase agreements canceled, indicating potential shifts in market dynamics.
Ohio House Overrides Governor DeWine’s Vetoes on Property Tax Legislation
Ohio's Senate is yet to schedule a date for addressing the governor’s veto overrides on key property tax reforms, impacting private lenders and property investments.
Rocket Reduces Workforce by 2% Following Redfin Acquisition Completion
Detroit's Rocket Companies announces layoffs shortly after acquiring real estate brokerage Redfin for $1.75 billion in stock, raising industry concerns.
Clear Cooperation Policy: Ten Antitrust Risks Identified in Real Estate
Explore the implications of Clear Cooperation (CCP) on private lenders, highlighting potential legal challenges and the risk to industry credibility. Learn more.
Idaho Brokerages and Agents Involved in RICO Lawsuit
Brokerages are facing legal action for allegedly colluding with developers to sell defective homes, raising concerns for private lenders about risk management.
MMI launches AI interface for loan officers to access detailed mortgage data.
Discover how MMI's AI-powered chatbot revolutionizes lending with insights from 500 million origination records, enhancing decision-making for private lenders.
Texas Home Sales Increase by 1.4% in the Second Quarter
Texas sees a slight decrease in median home prices, now at $340,000, despite a 1.4% increase in home sales, highlighting market resilience for lenders.
RE/MAX Reports Continued Rise in Home Sales for Fifth Consecutive Month
Learn how June's median sales price edged up to $440,000, reflecting ongoing growth in home sales and its implications for private lenders. Read more.
ERA Real Estate Companies Combine Operations in Atlanta
The merged entity expands its presence in Georgia, covering key markets including Atlanta, Canton, Duluth, Marietta, Milton, Athens, and Savannah.
Urban Institute: Increase in FHA Mortgage Delinquencies Not Concerning
An Urban Institute report indicates recent delinquency rate increases revert to 2017-2018 levels, suggesting minimal risk for private lenders moving forward.