Source: The Wall Street Journal — Lumber prices are falling back to Earth. Futures for July delivery ended Tuesday at $1,009.90 per thousand board feet, down 41% from the record of $1,711.20 reached in early May. Futures have declined 14 of the past 16 trading...
Source: Record-Bee — California’s real estate industry — powered by low mortgage rates, a homebuying binge and a construction push — is nearly back to its pre-pandemic employment levels. When my trusty spreadsheet looked at state jobs data, 15 property-related...
Source: Scotsman Guide — The world of loan payments has transformed dramatically over the past year due to the COVID-19 pandemic. Borrowers want and need more from their lenders, including expanded options on when, where and how to make payment. Lenders and...
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...
Source: NAHB — The U.S. Environmental Protection Agency (EPA) and Department of the Army (the agencies) have announced their intent to revise the definition of “waters of the United States” (WOTUS). EPA Administrator Michael Regan says that the Navigable Waters...
Source: Scotsman Guide — New data from The Mortgage Collaborative (TMC) revealed that personnel retention tops the concerns of mortgage lenders in 2021. According to the organization’s inaugural “The Pulse of the Mortgage Industry” survey, retention of current...