Decline in Home Sales and Prices Observed in Florida
Explore the decline in Florida's single-family home prices, with a statewide median of $412,734, presenting new opportunities and insights for private lenders.
New York State Experiences 6.2% Decline in Home Sales
New York's home prices rise for the 21st month despite a 6.2% decline in sales, signaling potential shifts in market dynamics for private lenders.
Fannie Mae updates its forecast for 2025 home sales and GDP growth.
Expert projections indicate a decline in the 30-year fixed-rate mortgage rate, expected to reach 6.1% by 2025 and 5.8% by 2026, impacting private lenders.
Leading Arizona real estate team of 53 agents partners with eXp.
Arizona real estate leader Scott Kumler and his team, The Kumler Group, have transitioned to eXp Realty, departing from My Home Group in a strategic move.
Study Finds Mortgage Lenders Struggling with Compliance Amid Rapid Tech Changes
Regulatory alerts surged for lenders, with some facing up to 1,700 notifications, impacting 25% of their business operations. Insightful trends for private lenders.
Northern Nevada Brokerage Becomes Part of Century 21 Network
Nevada firm partners with Century 21 to attract more agents and evaluate potential acquisitions, enhancing their competitive position in the market.
FHA Share of Mortgage Applications Experiences Ongoing Growth
Average contract interest rates increased, yet FHA mortgage applications showed a steady rise, indicating evolving trends in borrower preferences and market dynamics.
Advocates Push for VASP Revival Despite New Veteran Partial Claim Bill
Housing advocates press for the revival of the VASP program, emphasizing its importance, as new legislative developments unfold in the housing sector.
Rocket Expands Its Consumer Direct Channel Regionally
Rocket Companies is diversifying its channel strategy, leveraging acquisitions of Redfin and Mr. Cooper to enhance its call center model and expand its market reach.
National home prices achieve new record, according to First American.
Market shifts indicate a rebalancing, with annual growth rates declining to their lowest since 2012, presenting opportunities for private lenders in a high-price environment.