Understanding Today’s Connected Borrower

Sign up for this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today’s digital lending environment.

RealTrending: eXp’s Glenn Sanford reveals what’s next for company

CEO of eXp World holdings addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

Should lenders look to non-QM when the refi boom slows?

Angel Oak shared with HW how non-QM lending could be an effective way for lenders to replace lost business in the event of a refi boom slowdown.

Mortgage

Northwest home sales hit record numbers

Although housing is on an upward trajectory around Western Washington, inadequate inventory is keeping competition high, the Northwest Multiple Listing Service May housing report found.

Mike Gain, a former chairman of the Northwest MLS board of directors, said “We are experiencing more multiple offers than I have experienced in my 35 years of practicing real estate in this marketplace.”

“This is a very difficult market for purchasers, our agents and brokers. If we had inventory to handle the demand our pending and sold numbers would be greatly increased. We desperately need good quality inventory,” Gain added.

May’s pending sales topped the 10,000 mark for the first time in twelve months.

Plus, last month’s total was the highest volume of pending sales since June 2006 when brokers tallied 10,448.

For single-family homes (excluding condos), the area-wide price rose 4.2%, increasing from $285,000 to $297,000. 

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Here it is: A bill to help first-time homebuyers

The newest iteration of a first-time homebuyer tax credit has several significant restrictions. And it’s not a tax credit.

Apr 15, 2021 By
3d rendering of a row of luxury townhouses along a street

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