According to the Realtor.com Monthly Rental Report, new rental data shows affordability issues are on the rise, as Americans spent an average 30% of their monthly budgets on ...
Read More »IMBs Suffer Production Profit Decrease
The average loan balance for first mortgages increased to a new high of $312,306 in Q4, resulting in negative net gains on each loan originated.
Read More »Closings Inch Down Ahead of Anticipated Spring Surge
RE/MAX released its National Housing Report for February 2022, revealing home sales fell approximately 1% from January, planning for what is typically the year's biggest month-over-month incline in ...
Read More »Spring Buying Season Projected to be a “Seller’s Market”
First-time homebuyers and downsizing buyers are competing for the same properties amid a severe housing shortage, as bidding war competition heats up.
Read More »Homeowners Opting Not to Sell, Limiting Housing Supply
First American Financial Corporation released its First American’s Potential Home Sales Model for the month of February 2022. The Potential Home Sales Model measures what the healthy market ...
Read More »Vince Caicedo Announced as Branch Manager of Planet Home Lending
Planet Home Lending, LLC has hired Branch Manager, Vince Caicedo, to lead a new Jacksonville team that includes Emily Valdes as Assistant Branch Manager, Mortgage Loan Originators David Mumbauer, and Caleb Davis, ...
Read More »Price Gains, Low Inventory Fuels Homebuyer Competition
Economic uncertainty is sparking a rush of homebuyers snagging homes off the market faster than any other February, as home prices accelerate, and competition reaches a new high.
Read More »Analyzing Racial Disparities in Hispanic American Households
Latinos are predicted to account for 70% of new homeowners over the next 20 years, as they target generational wealth and long-term homeownership.
Read More »Affordability Issues Remain an Obstacle for Homebuyers
According to a new survey from TD Bank, America's Most Convenient Bank, first-time homebuyers are feeling anxious and unprepared in this highly competitive housing market. TD's First-Time Homebuyer ...
Read More »Consumers Reflect on “The New Normal” Post-Pandemic
The “pandemic era” has buyers and sellers adapting to a new way of life, while Millennials and Gen Z are seeking more space and a healthy work-life balance.
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