The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

San Francisco median home price nearly $1 million

Redfin: Early reading on February prices show strengthening

Online brokerage Redfin has an early read on home prices for February, and in the markets they cover they see a strengthening housing market.

Newly listed homes shot up by 11.5% over last year, the largest increase since October 2013.

Across the 50 major metro areas that Redfin tracks, the number of homes sold increased 3.2% year over year. The median sale price increased 5.4% from last year to $258,300.

In San Francisco, the median price of $979,750 was up 16.2% from last February, as inventory declined 7.3% and new listings fell 6.7%. At this rate, the median home price will surpass $1 million next month.

“In most parts of the country, there are more homes for sale, which means buyers can be choosier and less aggressive with their offers. In February, 16.4% of properties sold above asking price, down from 18.6% a year ago,” Redfin says. “The median difference in sale-to-list price was a negative 3.5% compared with negative 3 percent a year ago. And the share of Redfin offers that encountered competition also dropped, by 1.6 percentage points to 58.2%. While that may sound like a small drop, it’s the 18th consecutive month that bidding wars have eased year over year.” 

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3d rendering of a row of luxury townhouses along a street

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