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Guest Opinion: How CDFIs Address the Obstacles in Native American Homeownership

Guest Opinion: How CDFIs Address the Obstacles in Native American Homeownership

by Chrystel Cornelius | Oct 26, 2023 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It is well known and documented that Native Americans in tribal areas have some of the worst housing needs in the United States. The issue of safe and affordable housing for tribal members has been in a crisis state for decades, if not centuries. According to a study...
Mortgage Rates Keep Climbing to the 8% Mark

Mortgage Rates Keep Climbing to the 8% Mark

by Phil Hall | Oct 26, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage continued its ascent to the dreaded 8% level in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.79% as of Oct. 26, up from last week when it averaged 7.63%. A...
Tech Trends: New Technology Helps You Really Know Your Customer

Tech Trends: New Technology Helps You Really Know Your Customer

by Tony Garritano | Oct 26, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

Tech Trends: Last week I talked about how Plunk is delivering a technology solution that will get every real estate professional more visibility into every property across this country. This is a huge problem that technology can solve. Plunk, for one, has stepped up...
Proptech NewHomesMate Expands Service to Atlanta

Proptech NewHomesMate Expands Service to Atlanta

by Phil Hall | Oct 26, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

NewHomesMate, a proptech startup focused on helping buyers acquire newly constructed homes, has expanded its service to the Atlanta market. According to the company, NewHomesMate will help Atlanta-area builders improve the marketing of their properties. “Providing 82%...
Southern First Bancshares Opens Dream Mortgage Center

Southern First Bancshares Opens Dream Mortgage Center

by Phil Hall | Oct 26, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Southern First Bancshares Inc. (NASDAQ: SFST), holding company for Southern First Bank, has opened its new Dream Mortgage Center in Columbia, South Carolina. According to the company, the Dream Mortgage Center was created to provide homebuyer education and outreach in...
NAR: Pending Home Sales Up in September

NAR: Pending Home Sales Up in September

by Phil Hall | Oct 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales recorded a 1.1% uptick from August to September, according to data from the National Association of Realtors (NAR), which also noted pending transactions were down 11% from one year earlier. NAR’s Pending Home Sales Index (PHSI) for September had a...
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