Homebuyers increasingly consider relocating to new cities.
Growing trend: 58.9% of online home searches in major metros are targeting listings in other areas, suggesting shifting buyer preferences and market dynamics.
Honolulu City Council Evaluates Measures for Property Tax Relief
Honolulu's budget director cautions that proposed property tax relief measures may lead to significant revenue losses, affecting local funding and investments.
Miami Agent’s $25 Million Success in Selling Condos to Plastic Surgeons
Miami Realtor Efrain Daza shares insights into his success in closing over $25 million by specializing in the needs of Colombian plastic surgeons.
realMLS Introduces Rayse Transparency Platform for Member Benefit
Recent data indicates that 46% of consumers perceive real estate agents as dedicating less than 15 hours to home purchase transactions, highlighting efficiency concerns.
New Pilot Program Allows Bitcoin Transactions for Florida Construction Properties
ByteFederal partners with OPISAS to facilitate cryptocurrency real estate transactions in Florida, opening new avenues for foreign investors in property markets.
Unlock Obtains $250 Million Funding from D2 Asset Management
Unlock Technologies has secured $250 million via a purchase commitment agreement with D2 Asset Management, enhancing its capacity for innovative lending solutions.
Opendoor Stock Tumbles Following Reddit-Driven Surge: To HODL or Not?
Opendoor stock plummets to $2.05, marking a significant drop of almost 50% in mere hours. Private lenders should monitor this volatility closely.
Mortgage Demand Remains Strong, Surpassing Previous Projections
MBA reports a decline in refinance applications, yet activity remains above last year's levels despite sustained high interest rates, signaling market dynamics.
Bipartisan Efforts to Enhance Financing Options for ADUs
The SUPPLY Act enables homeowners to obtain federally backed, second-lien mortgages for financing accessory dwelling unit construction, enhancing housing options.
Mortgage Rates Rise as Federal Officials Consider Rate Cuts
The upcoming Federal Reserve meeting may influence private lenders, as discussions on potential rate cuts could impact borrowing costs and market dynamics.