Luxury Presence, a Los Angeles-headquartered proptech startup, has launched a new mobile platform for real estate agents. The company’s new Presence Copilot provides real estate professionals with an AI-powered mobile assistant that helps agents prepare for meetings,...
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has formed a search committee to identify a new president and CEO who will succeed Teresa Bryce Bazemore when her term expires on March 14, 2024. “When the Federal Home Loan Bank of San Francisco...
The Mortgage Bankers Association (MBA) has updated its forecast on total commercial and multifamily mortgage borrowing and lending for 2023 and is now predicting this activity sector will end the year at $504 billion, a 38% decline from 2022’s total of $816 billion....
More than half of small and midsized businesses (SMBs) are dealing with rent increases, according to the latest Small Business Rent report published by Alignable. In a survey of 4,601 randomly selected SMB owners polled from July 2-27, 55% of respondents said coping...
The typical U.S. homebuyer’s monthly mortgage payment was $2,605 during the four weeks ending July 30, according to new data from Redfin (NASDAQ:RDFN). This represents a 19% year-over-year spike, but it is also $32 less than the record-high payment level from early...
Active listings of U.S. residential properties slowed in July for the fourth consecutive month in and fell below pre-pandemic levels for the first time since April 2022, according to new data from Realtor.com. Last month, the active housing inventory was 47.8% below...
Blake Okland Named Chief Revenue Officer at Berkadia
