Let Valuation Tech Help Improve Your Collateral Valuation

Join this webinar to learn how technological advancements in valuation provide solutions to help lenders and servicers deliver more comprehensive offerings to their clients.

Talking proptech with FinLedger Director Holden Page

In this episode, Page discusses the hottest topics coming across FinLedger’s news desk. Topics include: the online banking market, what’s happening in the proptech space and recent private market deals.

With a reinvigorated CFPB, what’s next for the NYDFS?

While the CFPB is reinvigorated under the Biden administration, there’s plenty of room for it to retake a leading role and coordinate with the NYDFS.

Does your CRM hurt or help the customer experience?

In real estate, data is king. The more you leverage your own data the better off your agents or loan officers will be because they’ll be able to identify, target and create better customer experiences.


Auction.com: March to bring exciting spring selling season?

Existing home sales forecast revised higher

Auction.com revised its March forecast for existing home sales, predicting sales for the month will be slightly higher than estimated thanks to recent strong housing reports.

Auction.com’s Real Estate Nowcast was adjusted to project that existing home sales for the month will fall between 4.9 and 5.22 million, with a targeted number of 5.06 million.

Based on the latest Google Trends data and updated housing market data tracked by Auction.com – which together indicate a shift in March home sales – the adjusted Auction.com Nowcast projections are slightly higher than those released on March 24. The original Nowcast called for a range between 4.83 and 5.12 million, with a targeted number of 4.97 million.

This is also a more positive forecast than the original weakened existing homes sales prediction for the start of the year.

“We’ve seen two consecutive months of strong pending home sales reports from the National Association of Realtors, and what we’re seeing in both Google Trends data and our own online transactional data indicates that we can expect a stronger March than originally projected,” explained Auction.com Executive Vice President Rick Sharga.

“Existing home sales have been improving, but at a fairly tepid rate. After starting 2015 with two awfully lackluster months, March may usher in a more exciting spring selling season for the housing market,” he continued.

The most recent pending home sales report in February from NAR recorded that sales surged to their highest level since June 2013, continuing the record high set last month.

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