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More lenders expect profit pullback in months ahead

More lenders expect profit pullback in months ahead

by Third Party | Jun 17, 2021 | News/Current Events

Source: Scotsman Guide —  Sixty-nine percent of lenders believe profit margins will decrease in the three months ahead, according to the Q2 2021 Mortgage Lender Sentiment Survey from Fannie Mae. That’s down from 52% in the quarter prior, making it three straight...
Unsolicited offers abound as investors hope to profit from housing stock shortage

Unsolicited offers abound as investors hope to profit from housing stock shortage

by Third Party | Jun 16, 2021 | News/Current Events

Source: Realty Biz News —  Homeowners in small town America say they’re being pestered with speculative inquiries on their homes, even though they’re not listed for sale. And in some cases the speculation is hitting ridiculous levels, with one homeowner claiming...
That Indoor Basketball Court May Be Flashy, but Don’t Expect It To Boost Your Resale Value

That Indoor Basketball Court May Be Flashy, but Don’t Expect It To Boost Your Resale Value

by Third Party | Jun 16, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Realtor . com —  Even high-profile athletes aren’t exempt from the realities of the real estate market, and both Shaquille O’Neal and Michael Jordan have struggled for years to sell high-priced properties decked out with regulation-sized indoor...
Black-owned banks are booming, and they’re pouring money back into their communities

Black-owned banks are booming, and they’re pouring money back into their communities

by Third Party | Jun 16, 2021 | News/Current Events

Source: CNN —  An estimated $150 million in equity capital has been invested in Black-owned banks since George Floyd was murdered last year, according to the National Bankers Association, a trade group that represents 24 of the country’s minority-owned...
Consumer Prices Rising at Fastest Pace in a Decade

Consumer Prices Rising at Fastest Pace in a Decade

by Third Party | Jun 16, 2021 | News/Current Events

Source: Eye On Housing —  Consumer prices continued to rise in May, supported by increases in housing costs. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in May on a seasonally adjusted basis, following an...
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