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GreenLyne Loan Underwriting Tool Integrates FormFree Index

GreenLyne Loan Underwriting Tool Integrates FormFree Index

by Rick Grant | Mar 15, 2023 | Real Estate Agent Tools, WRE News Exclusive

GreenLyne, a company that provides loan underwriting technology aimed at prospective borrowers who fail to meet traditional guidelines, has agreed to use the Residual Income Knowledge Index (RIKI) from FormFree. RIKI will be used to determine optimal loan terms for...
Canadian Home Buyers Bullish on Real Estate as Optimism Rises

Canadian Home Buyers Bullish on Real Estate as Optimism Rises

by Rick Grant | Mar 15, 2023 | International Real Estate News, WRE News Exclusive

Confidence in Canadian real estate bridges generations as 49% of urban Canadians expect real estate performance to match or surpass financial investments within 12 months, increasing to 60% within a decade, according to a new report from market research firm Mustel...
Redfin: Almost Half of Home Sellers Now Making Concessions to Buyers

Redfin: Almost Half of Home Sellers Now Making Concessions to Buyers

by Rick Grant | Mar 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A record 13% of home sales include a price cut and a final sale price below the list price in addition to concessions, which often include money toward repairs and mortgage-rate buydowns, according to new data from Redfin. Home sellers gave concessions to buyers in...
Investment Conditions in Multifamily Apartments Continue to Fall in the Fourth Quarter of 2022

Investment Conditions in Multifamily Apartments Continue to Fall in the Fourth Quarter of 2022

by Rick Grant | Mar 14, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Freddie Mac Multifamily Apartment Investment Market Index® (AIMI®) fell by 7.6% in the fourth quarter of 2022, with the index down 25.8% year over year. AIMI decreased nationwide and in all 25 markets quarterly and annually, driven primarily by rising mortgage...
Outlook Remains Strong for Hiring in U.S. as Talent Shortage Continues

Outlook Remains Strong for Hiring in U.S. as Talent Shortage Continues

by Rick Grant | Mar 14, 2023 | News/Current Events, WRE News Exclusive

While cooling this quarter, global demand for talent remains resilient. According to the newly released Q2 ManpowerGroup Employment Outlook Survey of more than 38,000 employers in 41 countries and territories, the race for skills continues.   An indicator of...
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