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Special report: The brokerage competition in Jacksonville
Booming home construction and a major acquisition have changed the game in Jacksonville, with an entrenched local power losing ground to rivals.
Homebuilders are still buying down rates to move houses
When mortgage rates were approaching 8%, people wondered if homebuilders could still buy down rates to boost sales. The answer is no.
Where are home prices headed this spring?
The price of new listings took a healthy jump this week, up 1% to $424,900. That’s nearly 4% higher than a year ago.
Mortgage rates helped by the Fed’s moderate stance
Mortgage rates did not go higher after the most recent Fed meeting and inventory is still growing.
The Real Brokerage, The Agency top list of RealTrends Verified movers by sides/volume
The Real Brokerage, The Agency, Berkshire Hathaway lead the top one year movers in the 2024 RealTrends Verified brokerage rankings.
Homebuilders are still buying down rates to move houses
When mortgage rates were approaching 8%, people wondered if homebuilders could still buy down rates to boost sales. The answer is no.
Where are home prices headed this spring?
The price of new listings took a healthy jump this week, up 1% to $424,900. That’s nearly 4% higher than a year ago.
Mortgage rates helped by the Fed’s moderate stance
Mortgage rates did not go higher after the most recent Fed meeting and inventory is still growing.
Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024
Mortgage rates are expected to stay higher for longer and production volume won’t improve significantly, according to industry experts.
Apartment permits are back to recession lows. Will mortgage rates follow?
If housing leads us into a recession in the near future, that means mortgage rates have stayed too high for too long.
Special report: The brokerage competition in Jacksonville
Booming home construction and a major acquisition have changed the game in Jacksonville, with an entrenched local power losing ground to rivals.
Homebuilders are still buying down rates to move houses
When mortgage rates were approaching 8%, people wondered if homebuilders could still buy down rates to boost sales. The answer is no.
Where are home prices headed this spring?
The price of new listings took a healthy jump this week, up 1% to $424,900. That’s nearly 4% higher than a year ago.
Mortgage rates helped by the Fed’s moderate stance
Mortgage rates did not go higher after the most recent Fed meeting and inventory is still growing.
The Real Brokerage, The Agency top list of RealTrends Verified movers by sides/volume
The Real Brokerage, The Agency, Berkshire Hathaway lead the top one year movers in the 2024 RealTrends Verified brokerage rankings.
FHFA’s pilot to waive lender title insurance on refis faces opposition
Program will be announced during Biden’s 2024 State of the Union address on Thursday night.
First American’s Paul Hurst on the allure of big tech ideas
How do you enable these super-powered humans to do more transactions and make more money in the process?
Title industry prepares for possible changes in a post-commission lawsuit world
From more consumer education to increased scrutiny, the title industry imagines a post-commission lawsuit world.
Joint ventures between title firms and real estate companies are under the microscope
Opponents say the title JV business model — currently under scrutiny from regulators — harms consumers. Supporters argue it creates a better overall experience for the buyer. Our look inside the next frontier of industry regulation.
Builders only have 76,000 completed new homes for sale
For all the hype, today we sit here still trying to work back to pre-COVID-19 levels with just 76,000 completed homes ready to be moved.
FHFA analysis finds racial disparity in appraisers’ use of time adjustments
The FHFA based its analysis on the Uniform Appraisal Dataset (UAD), collected by Fannie Mae and Freddie Mac.
FHFA failed to document desktop appraisal reviews, OIG says
Failing to adequately document desktop appraisals makes gauging their effectiveness challenging, the report explained.
Trade groups warn of “unintended consequences” from proposed AVM rules
MBA and CBA said AVMs can alleviate appraiser shortage, reduce costs and safeguard against bias, but robust regulation is critical.
Fannie Mae makes further changes to appraiser independence requirements
The new AIR updates also brought property data independence requirements, and one professional says the impacts will be felt by the industry.
NAMB supports new proposed regulations for AVMs
NAMB announced its support of proposed AVM regulations announced by federal agencies and the White House in June.