First-time buyers spent an average of 25.6% of their household income on mortgage payments, making a home purchase unaffordable.
Read More »Pandemic-Driven Purchases Spark Buyer’s Remorse
A new Zillow survey found that 75% of buyers who successfully bought a home in the past two years reported having at least one regret about the home they ...
Read More »eClosings With RON Producing Positive ROI
A new study has found that electronic closings with remote online notarization are closing faster, with fewer mistakes, and with more money saved than via in-person processes.
Read More »Listings, Home Price Growth Continue at Double-Digit Pace
The year is off to a hot start, as the typical U.S. home sold faster than in any prior January, according to a recent Monthly Housing Report from ...
Read More »Most Desired Migration Destinations in Sun Belt Hotspots
According to a new report from Redfin, Phoenix was named the most popular U.S. migration destination of 2021—followed by Dallas and Orlando. Redfin estimates the Phoenix metro gained an estimated ...
Read More »Consumer Sentiment Toward Housing Softens
Younger households are growing more pessimistic with concerns of rising home prices and the future trajectory of mortgage rates.
Read More »First-Time Buyers Utilizing Stimulus for Down Payments
Nearly one in four survey respondents said stimulus payments during the pandemic has helped fund their down payment.
Read More »Millennial Demand Forcing Rise in Home Prices
As the supply of available homes continues to shrink, home value growth is being seen in areas with the highest population of children.
Read More »New Home Listings Continue to Decline
Housing supply continued to diminish in January, as monthly net new listing volume fell 17.5% year-over-year, according to new data.
Read More »Steve Butler to Lead Business Development for ReverseVision
In his new role, industry vet will educate lenders on reverse mortgage products, loans, and introduce new strategies, aiding in the companywide goal of expanding HELOC services.
Read More »