Diving into search engine keyword searches, Point2 delved into the thoughts of current real estate investors and those looking to invest/move internationally.
Read More »Pending Home Sales Improve Over Recent Lows
“Fading recession fears and the prospect of further home price increases have brought some house hunters off the sidelines, but for the most part, buyers remain hesitant to jump into the market because their buying power is so much lower than it was a year ago,” said Redfin Chief Economist Daryl Fairweather.
Read More »Checking in With Single-Family Rent Growth Trends
A new report from CoreLogic revealed annual single-family rent growth has returned to pre-pandemic rates, growing by just 3.3% year-over-year in June, representing the lowest gain since autumn 2020.
Read More »Guild Mortgage Announces Acquisition of First Centennial Mortgage
National lender purchases Illinois-based firm, adding approximately 15 branches, and nine satellite offices in 17 states to its growing national retail network.
Read More »The Worst of the Lock-in Effect May be Behind Us
“The steep decline in sales driven by the rapid rise in mortgage rates seems to be behind us, as the initial shock of higher mortgage rates has worn off,” said Mark Fleming, the Chief Economist for First American Financial Corporation.
Read More »Mortgage Rate Increase Slows HELOC Activity in First Half of 2023
While HELOC activity surged in 2022, a new report from CoreLogic showed that demand slowed significantly in the first half of this year as Freddie Mac revealed the average 30-year fixed-rate mortgage reached its highest level in over two decades.
Read More »Home Equity: An ‘Obvious Solution’ to Financial Anxiety?
Researchers from Finance of America Reverse report that a lack of education about their options could be preventing Americans’ use of their homes as both a shelter and financial springboard.
Read More »Despite High Rates, There are More Buyers than Inventory for Sale
“Some buyers are hoping they can get a home for under asking price to make up for high interest rates because they’re hearing the housing market is slow. But what’s happening nationally isn’t necessarily true [locally],” said Kristin Sanchez, a Redfin Premier Agent.
Read More »Andrew Strickman Named Chief Marketing Officer for New American Funding
Bringing more than 20 years of experience to his new role, Andrew Strickman has been tapped to lead a team of more than 50 to grow New American Funding’s efforts in branding, events, insight, strategy, and audience marketing.
Read More »Mortgage Rates Bump Up to 21-Year High
Hitting levels last recorded in 2001, Freddie Mac reports the fixed-rate mortgage at 7.23% this week, forcing more prospective buyers to back to the sidelines and pushing purchase activity to a 28-year-low.
Read More »