According to a new report, For Sale By Owner listings tend to be found in rural and lower-income areas, at prices 18% lower than properties represented by agents.
Read More »Are Bidding Wars Still a Thing?
While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September. While the decrease in ...
Read More »Continued Low Inventory Forces Uptick in Sales
NAR reports that pending home sales rose in October, with buyers fearing a spike in rates took advantage of the limited supply available.
Read More »AmeriSave Names Leif Boyd Chief Production Officer of Retail
New head of the company’s Retail Division brings two decades worth of experience to the role.
Read More »FinTech Lenders May be Key to Solving Discrimination
The rise of fully digital mortgages and online-only lenders where people are less likely to have to apply in person may be the key to closing the lending gap.
Read More »How High Can Rent Go?
In the top-10 metropolitan areas, rent rose by at least 30%, well above the national average of 13%.
Read More »Guaranteed Rate Announces Changes to Executive Leadership
John Palmiotto takes on the new role of Chief Production Officer and James Elliott will lead the company’s new OriginPoint venture, as Dr. Ramesh Sarukkai will drive fintech development as CTO.
Read More »Consumer Stress Holding Steady Amid Price Increases
Consumer stress remains subdued, but bankruptcies are continuing to tick upward as protections end.
Read More »Blue Spot Home Loans Names New VP
Cherry Creek Mortgage, a nationwide, full-service mortgage lender, announced Jody Watters has been promoted to vice president of sales and branch manager at Blue Spot Home Loans, Cherry Creek Mortgage’s consumer ...
Read More »Mortgage Apps on the Rise as Rates Level Off
Mortgage applications rose 1.8% week-over-week, as the 30-year fixed-rate mortgage held steady at 3.10% as more took advantage of continued low rates to refinance.
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