Source: Housing Wire — Mortgage servicing is a scale business, meaning the economics of scale can be achieved with larger servicing portfolio by spreading the fixed costs among more loans being serviced. Such scaling; however, hasn’t achieved the expected...
Source: NAHB — Housing affordability posted a modest gain for average conditions in the first quarter of 2022 as a strong jump in national median income helped to offset a gradual rise in interest rates. However, home builders warn of current deteriorating...
Source: Apartment Therapy — Large windows that let in lots of natural light are a gift in any home or apartment, but that gift is rendered almost useless if the windows are blocked by trees or hedges on the outside or walls or half-walls on the inside that...
Source: Point2 Homes — As far as dream houses go, no two are alike: Some homeowners find old architecture irresistible, others are drawn to slick up-to-date features. While there’s no definite correlation between price and building age to back up this...
Source: Housing Wire — While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help...
Source: RisMedia — The real estate industry spends way too much money finding new clients. Approximately 20% of all marketing dollars go toward adding new clients, only to lose them as they leave the closing table. Compare that to companies such as Southwest...
Hits and Misses for the Real Estate Week of April 27-May 1
