Although a national debt default is unlikely, new scenario projections from Zillow reveal home sales would decrease sharply. While home values would not lose much ground, a surge in mortgage rates would do further damage to nationwide housing affordability.
Read More »Financial Services Attorneys, Mortgage Servicers Convene for Legal League Summit
The Spring Legal League Summit, hosted by Five Star Institute, featured two days of classes, discussions, and networking, followed by a trip to a Texas Rangers Game.
Read More »Homebuyers Remain Optimistic Despite Challenging Market Conditions
According to the 2023 ServiceLink State of Homebuying Report, there is still a strong desire across several generations to achieve the goal of homeownership. Approximately 52% of respondents said they still plan to consider buying a home despite challenging market conditions.
Read More »Making Strides
Chris Bixby of Rice Park Capital Management offers some keys to accelerating proptech and real estate technology through venture capital.
Read More »Sales on the Rise as Market Remains in Sellers’ Favor
Home values are up 1% from March to April, with a new report from Zillow revealing the market sits firmly in sellers' favor as rising demand continues to meet low supply.
Read More »Credit Availability for Mortgages on the Decline
“Even with high mortgage rates and reduced credit availability, the lack of for-sale inventory continues to be the biggest hurdle to more home purchase growth this year,” said Joel Kan, MBA’s VP and Deputy Chief Economist.
Read More »Here’s What Drove Rental Demand in Q1
According to HouseCanary's latest National Rental Report, demand for rentals is outpacing the increase in inventory, resulting in an increase in median listing prices and days on the market.
Read More »Homebuyers Feel More Confident in Their Ability to Purchase Homes
According to Bank of America’s 2023 Homebuyer Insights Report, prospective homebuyers said they feel more confident in their ability to purchase a home today, while 55% of respondents believe the market is more competitive than last year.
Read More »Debt as Diversification
Louis Amaya of PEMCO Capital Management explains how to bolster your margins via non-performing loans and real estate-owned assets as alternative asset anchors.
Read More »Rate Lock Volumes Take a Hit
However, in good news for buyers, mortgage rates averaged 6.38% in April, a full 17 basis points lower than was reported in March.
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