Redfin implements layoffs within brokerage services division
Discover how recent layoffs at Redfin are impacting Concierge services employees and their implications for private lenders in the Seattle real estate market.
Despite decreased inventory, New York State sees rise in home sales.
Discover how the median home sales price increased by 8.7% to $435,000 in New York State despite a smaller inventory. Read more here.
Decreased Mortgage Demand follows Declining Interest Rates
Stay informed on the latest trends in the mortgage industry. Discover why mortgage rates are falling and what it means for private lenders.
Analysis: Homeowners show Lower Propensity for Relocation Compared to Renters
Discover why Colorado residents are staying put in their homes. Read more about the study showing homeowners are less likely to move than renters.
Average Independent Mortgage Banker Reports Net Profit of $693 per Loan
Industry insiders take note: IMBs post first net production profit in two years thanks to improved expense control, as reported by MBA.
The Impact of Renovations on Underserved Neighborhoods
Discover how renovating distressed properties in underserved neighborhoods is driving community revitalization and stabilizing local housing markets.
Decreasing mortgage rates cause inventory growth to decelerate
Stay informed about the latest trends in the mortgage industry, including updates on inventory levels and market fluctuations that may impact private lenders.
Scotiabank recruits JPMorgan team to head new mortgage business
Scotiabank recruits JPMorgan executives for new mortgage capital markets venture, set to launch soon. Ideal news for private lenders looking to diversify.
Understanding the Limits of AI with Lofty CTO Henry Li
Henry Li examines the potential for AI to replace agents and software in the mortgage industry. A must-read for private lenders.
Haunted ‘Poltergeist’ House Hits Market for $1.17M
Explore a unique investment opportunity with "Poltergeist" home listed for $1.17 million, featuring potential for lot splitting and 2nd home construction.