Data reveals continued low agent mobility, indicating ongoing market caution.
April typically sees robust agent transfers as brokerages prepare for peak season, but this year's lower AMI indicates ongoing caution among agents.
Pending Home Sales Decrease by 6.3% in April
Pending home sales have declined across all regions, reflecting broader market trends impacting private lending opportunities. Discover the implications for your strategies.
Buffalo Council Authorizes an 8% Increase in Property Taxes
Buffalo's proposed 8% property tax increase aims to raise $13.7 million, potentially impacting local investments and lending strategies. Read more on the implications.
Supreme Lending set to acquire Michigan Mutual, according to sources.
Supreme Lending employees visit Port Huron, Michigan, to officially announce the partnership with MiMutual, highlighting strategic growth in the mortgage sector.
NAR Considers Changes to Speech Code Amid Rising Industry Pressure
NAR seeks to refine its definition of "harassment" and focus disciplinary measures on work-related violations, impacting private lenders and industry standards.
Reports Identify Ideal Cities for Recent Graduates and Family Living
Fremont, CA, has been recognized as an ideal city for families, showcasing its appeal for private lenders and potential investment opportunities in residential real estate.
Mortgage Rates Rise, Yet Homebuyer Demand Remains Strong
Mortgage rates have surged, prompting discussions on benchmark rate cuts, despite an increase in home purchase demand among buyers.
The Impact of AI on Enhancing the Mortgage Underwriting Process
AI tools are streamlining mortgage processing by automating tasks like income verification and fraud detection, leading to faster approval times and improved efficiency.
Housing Inventory Increases 30.6%, Reaching a New Post-Pandemic Peak
Increased housing inventory offers potential opportunities for private lenders, yet the rise hasn't led to significant homebuying activity. Explore insights here.
Illinois Experiences Decrease in Home Sales Amid Increasing Housing Inventory
Home sales in the Chicago metro area have declined while housing inventory increases, signaling potential shifts in the market for private lenders to consider.