Wednesday, December 4, 2024

SFR, fix-and-flip sectors are in a ‘bit of a malaise’

“Our data shows that home flipping activity around the United States dropped during the second quarter of 2023,” said Rob Barber, CEO of real estate analytics...

The Sitzer/Burnett trial kicks off in Kansas City

The highly anticipated trial of the Sitzer/Burnett buyer broker compensation class action lawsuit kicked off in earnest on Tuesday morning, with opening arguments taking place in...

How a transparent marketplace provides a proven path to benefit homeowners

Selling pre-foreclosure is often the best option for distressed homeowners who don’t qualify for any loss mitigation programs, but those homeowners are understandably hesitant to choose...

Argyle announces integration with Fannie Mae’s DU

Verifications provider Argyle announced its integration with Fannie Mae’s Desktop Underwriter (DU) program on Monday, becoming the first DU-authorized report supplier to offer automated income and...

Homebuilder sentiment falls again as mortgage rates climb toward 8%

With mortgage rates nearly touching 8%, builder confidence dropped four points in October, falling to its lowest point since January 2023, the National Association of Home...

4 tips for staying relevant as a real estate professional in 2023

A friend of mine is a successful real estate professional in a competitive market. We often discuss changing housing market conditions, and the pressure real estate agents are...

Philly Fed President Harker: “We are at the point where we can hold rates”

Philadelphia Federal Reserve President Patrick Harker advocated for stopping interest rate hikes, noting that disinflation is under way. “I believe that we are at the point where...

Homebuyers hit the brakes, causing unseasonal growth in inventory

https://www.youtube.com/watch?v=CebIuH3MRFo Available inventory of unsold homes rose by 1.8% this week. It’s quite clear that homebuyers have hit the brakes waiting to see if mortgage rates recede...

Regulation hasn’t caught up to generative AI

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry...

White House announces new housing initiatives to boost homeownership

The White House on Monday announced a series of new initiatives designed to boost U.S. homeownership, alongside data detailing housing aid that has been provided since...