Only 18% of Californians can afford the median-priced home, highlighting significant affordability issues, particularly for Black and Hispanic communities. Continue Reading Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
The post Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
West USA Realty aligns with eXp Realty and NextHome, endorsing Zillow’s listing standards and participating actively in the current CCP debate.
"Explore insights on existing-home prices and sales trends affecting private lenders, including a recent increase in median home prices."
"Rob Barber of ATTOM highlights significant declines in home sales profit margins, particularly in key markets like Florida and California. Insights for private lenders."
Mortgage rates climbed to 6.90% this week, leading to a decrease in applications. Insights from MBA's Joel Kan highlight market shifts for private lenders.
Pennymac's Q1 earnings reflect lower revenue, yet it maintains a substantial servicing portfolio, positioning itself as a key player in the mortgage industry.
Ken DeGiorgio, ex-CEO of First American Financial Corp., is set to receive a substantial payout after his recent termination, raising industry eyebrows.
Explore the increase of down payment assistance programs, with 990 options available through local housing finance agencies, benefiting private lenders nationwide.
The rise of down payment assistance programs by 43 in Q1 has expanded options for borrowers, now totaling 2,509 programs for financing assistance.
Survey reveals most agents anticipate a strong housing market ahead, with 85% expressing optimism and 70% expecting increased stability in 2025.
