A new study by Reggora has found that over the last 12 months, the time to process an appraisal has dropped steadily as volume has become more manageable per appraiser.
Read More »Homebuying Power Up $16K in December
Housing market potential increased in November-December 2022 but remains lower than it was in December 2021.
Read More »DOJ Agrees to $31M Redlining Settlement With City National Bank
Through this latest agreement, the Justice Department’s Combating Redlining Initiative has secured more than $75 million dollars in relief for communities that have suffered from lending discrimination.
Read More »Seasonal Cooling Cures Some Affordability Problems
The share of homes that sold above their list price also fell to levels last seen in June 2020.
Read More »Q4 2022 Report Examines Mortgage Market Opportunities
As mortgage volume continues to decline, Sales Boomerang’s latest Q4 2022 Mortgage Market Opportunities Report highlights areas of opportunity still available for loan originators.
Read More »Mortgage Rates Continue to Tumble
For the second consecutive week, mortgage rates have dipped, providing a much-needed boost to the housing marketplace and sparking a rise in overall mortgage app volume.
Read More »Renting and Owning Unaffordable for Average Wage Workers
“Renting is more affordable in the majority of markets, despite rental rates continuing to rise over the past year,” said Rick Sharga, EVP of Market Intelligence for ATTOM.
Read More »Mortgage Apps Surge With Near-30% Weekly Rise
As the fixed-rate mortgage fell to a near-five-month low, prospective buyers and those seeking refis brought life into the marketplace, boosting mortgage apps 27.9% over last week’s totals.
Read More »Number of House Hunters on the Rise
New Redfin data reveals that Google searches for “homes for sale” were up nearly 50% from their November low during the week ending January 7. Here’s what else the data reveals about the state of the housing market.
Read More »War, Labor Shortages, and More: What’s Propping Up Inflation
A group of top scientists said high inflation levels are being driven by a variety of factors, including the lingering impacts of COVID-19, the war in Ukraine, and ongoing labor shortages.
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