The $371,200 national median single-family existing-home price was down by a scant 0.2% from one year earlier. The post Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets appeared first […]
Big Purple Dot (BPD), a technology solutions provider for the real estate industry, announced this week that it has launched BPD Recruit, a recruiting software designed to transform talent acquisition strategies and deliver exceptional results. […]
But Powell is slightly more popular than President Biden and the Democratic leaders in Congress. The post Gallup Poll: Jerome Powell’s Popularity is Lowest Ever for a Fed Chairman appeared first on Weekly Real Estate […]
California-based lender loanDepot was in the red again in the first quarter of 2023. However, margins and revenues improved in the period, according to documents filed with the Securities and Exchange Commission on Tuesday. The […]
“Government credit supply decreased for the third consecutive month,” said MBA’s Joel Kan. The post Mortgage Credit Availability at 10-Year Low appeared first on Weekly Real Estate News.
Independent mortgage banks have been coping with a still-surging wave of loan-repurchase requests from Fannie Mae and Freddie Mac that represents yet another threat to lenders’ already stretched balance sheets. Much of the problem stems from the huge volume of low-rate […]
Today we issued our first quarter 2023 financial results. You can read the details here. Airbnb Co-Founder and CEO Brian Chesky said: “We had another record-setting Q1, with more than 120 million nights and experiences […]
The expectation that the Federal Reserve might be done with hiking rates spurred the mortgage market last week. “Mortgage applications responded positively to a drop in rates last week, as the Fed signaled a potential pause at the current […]
“We’re seeing relatively strong conditions in the rental market, both in multifamily rentals as well as the build for rent single-family homes,” said Mangold. The post Person of the Week: Kelly Mangold, Principal at RCLCO […]
The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased 6.3 percent on a seasonally […]
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