What factors have contributed to the slowdown in housing inventory growth?
Housing inventory growth has decelerated, attributed to peak listings, fluctuating mortgage rates, and an increase in seller withdrawals, impacting market dynamics.
Inventory-rich states reveal significant disparities in sales velocity.
California leads in property sales, averaging just 63 days on the market, while Florida and Texas experience longer selling times, according to HW Data.
reAlpha Mortgage Enters the Nevada Market with New Offerings
reAlpha Mortgage has expanded its operations into Nevada, now licensed in 31 states, enhancing opportunities for private lenders in diverse markets.
Zillow suggests Compass acquisitions may influence ongoing lawsuit outcomes.
Zillow expands its inquiry into Compass's purchase of Anywhere Real Estate, raising questions about listing policies in the ongoing legal dispute.
Report: Twenty Percent of Homes Experienced Price Reductions
"Explore which property tiers are experiencing price reductions; the lower and mid-tier homes in the South see significant shifts, while luxury prices hold steady."
Better Introduces Bank Statement HELOC for Small Business Owners
A new HELOC option enables self-employed borrowers to tap into home equity without the need for tax returns, W-2s, or profit-and-loss statements.
CrossCountry Requests Dismissal in Kickback Lawsuit
CrossCountry challenges a lawsuit claiming illegal kickbacks with Raleigh Realty, arguing for dismissal based on statute limitations and lack of proven injury.
Fannie Mae and Freddie Mac Adjust Loan Requirements During Shutdown
Government agencies provide new guidance for mortgage operations and servicing during the ongoing government shutdown, impacting private lenders significantly.
Title Insurance Premiums Reach $4.5 Billion in Second Quarter
Title premium volume has increased 13.2% year-over-year, with insurers disbursing $336 million in claims, highlighting a strong market for private lenders.
Jay Bray Appointed CEO of Rocket Mortgage Following $14.2B Mr. Cooper Deal
Mr. Cooper will be rebranded as part of Rocket, with CEO Jay Bray stepping into the role of president and CEO at Rocket Mortgage, signaling significant industry consolidation.