Skipton Building Society has announced plans to become the first U.K. lender to offer a 100% mortgage since the 2008 financial crisis. According to a report in The Guardian, 100% mortgages are designed for first-time buyers who are unable to save for a down payment....
Cushman & Wakefield (NYSE: CWK) has announced a leadership change with the retirement of John Forrester as CEO, effective June 30, and the appointment of President and Chief Operating Officer Michelle MacKay as his successor, effective July 1. Forrester will...
I was overcome with great shock and sorrow last week upon learning that Nordstrom will be closing its glorious store at the Westfield San Francisco Centre in August. I am not one who obsesses with retail therapy, but this is my favorite American department store and I...
Lock volumes were down 22% in April, with cash-out refinance locks declining 21% and rate/term refinance locks taking a 28% tumble, according to new data from Black Knight Inc. (NYSE:BKI). Purchase locks accounted for more than 87% of locks in April, the highest share...
The global real estate software market size is estimated to grow by $5.22 billion from 2021 to 2026, a compound annual growth rate of 9%, according to a new forecast published by Technavio. The new forecast predicted the global real estate software market is “expected...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) spiked by 5.5 points in April to a level of 66.8, its highest level since May 2022. All six of the HPSI’s components increased from March and April, most notably in regard to whether this is a...
Hits and Misses for the Real Estate Week of Aug. 24-28
