In the Dallas area, Matt Martin Real Estate Management LLC (MMREM) welcomed Jo Ann Kruse as COO of MMREM and its subsidiaries.
Read More »Connecticut-Based Mortgage Team Joins Prospect Mortgage
Prospect Mortgage announced its acquisition of the Diamond Mortgage Group, bringing to Prospect a group of dedicated mortgage professionals serving Southeastern Connecticut.
Read More »Homebuyer Demand Plummets in December
Homebuyer demand experienced a sharp downturn as the book closed on 2013, according to Redfin's numbers. The company's statistics show the number of customers requesting tours falling 14.8 percent month-over-month in December--more than double the 7.1 percent drop recorded at the same time last year. Meanwhile, the number of Redfin customers making offers on homes fell 20.2 percent, a steeper decline than last year's 16.7 percent drop.
Read More »Report: ‘Slow and Steady’ Markets Pulling Ahead of Others
Analysts at Clear Capital say the housing market today may be a real-life representation of the old Aesop fable, "The Tortoise and the Hare."
Read More »November Home Prices Up 11.8% Annually
CoreLogic's Home Price Index (HPI) improved year-on-year for the 21st straight month in November, setting 2013 up to be the best year for home price gains since before the crash. According to the company's index, home prices nationwide (including distressed sales) increased 11.8 percent in November compared to the year prior. On a monthly basis, prices moved more or less sideways, coming up an estimated 0.1 percent from October's revised numbers.
Read More »RIO Software Solutions Opens Free Online ‘Broker School’
RIO Software Solutions, the parent company of RIO Genesis Software system, has unveiled a new free online education series called "Broker School."
Read More »Mortgage Credit Accessibility Increases in December
Mortgage credit became a little more accessible in December, according to the monthly Mortgage Credit Availability Index from the Mortgage Bankers Association (MBA). The index score for December is 110.9, up 0.6 percent from a reading of 110.2 in November. The index has been hovering around the 110 mark for the past several months, fluctuating slightly with a decrease in November after an increase in October and two straight months of declines in August and September.
Read More »WFG Title Company of California Appoints Manager for Orange County
WFG Title Company of California announced the hiring of a new SVP and Orange County manager. The company named Bryan Kelley in the role.
Read More »Yellen Confirmed as Fed Chair as Senate Returns
The United States Senate voted Monday to confirm Janet Yellen as chair of the Federal Reserve following Ben Bernanke's departure at the end of January. She will be the first woman to take the job in the Fed's history.
Read More »Watt Sworn In as FHFA Director
After months of contentious debate, the Federal Housing Finance Agency (FHFA) finally has a new director.
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