A healthy apartment market balances demand against supply. With key U.S. housing markets running short on multifamily builds, a few areas, like Colorado, are suffering through rising rental prices and tighter market conditions for renters.
Los Angeles may be one of the one of the most competitive markets, but the tight market is starting to soften its edges. For starters, the percentage of Redfin offers facing competition fell to 80% in July from 86% in June.
A wide range of companies making the 2014 HW Fast50 suggests that — are you ready for this? — maybe things aren't as bad in the U.S. mortgage and housing markets as some breathless press might otherwise suggest. After all, our rankings this year include mortgage insurers, investors, loan servicers, technology specialists and dot-coms, home builders, real estate services companies, mortgage bankers and more..
Last October, HousingWire highlighted several correspondent lenders and gave a broad overview of where this division of mortgage finance was heading. We are happy to report that those lenders are still doing a robust set of business, although the road remains no less rocky. But as we said last year, at least there’s a road to begin with. Read More
As our business moves into a new era of low profitability, increased expenses, and intense regulatory scrutiny, virtually every mortgage executive needs to experiment with ways to increase productivity and CFPB compliance while reducing overall operating costs. Read More