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Real Estate Startup zavvie Announces “zavvie Power Buyer,”

Real Estate Startup zavvie Announces “zavvie Power Buyer,”

by Leora Ruzin | Feb 16, 2023 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

zavvie, a software technology company providing customized marketplaces for brokerage-wide buying and selling solutions, announces they have rolled out a new white-labeled solution for real estate brokers designed allow them to offer additional options to home...
Investors are pulling back from the housing market, buying half as many homes as a year ago, Redfin says

Investors are pulling back from the housing market, buying half as many homes as a year ago, Redfin says

by Third Party | Feb 16, 2023 | News/Current Events, U.S. Housing Market

Source: Market Watch —  Investors are slinking away from the real-estate market as home-price growth slows and the possibility of price drops appears on the horizon. Purchases of homes by investors in the U.S. fell by 45.8% year over year in the fourth quarter,...
Is the housing market recovering? Here’s why home builders feel ‘cautious optimism.’

Is the housing market recovering? Here’s why home builders feel ‘cautious optimism.’

by Third Party | Feb 16, 2023 | Real Estate News, U.S. Housing Market

Source: USA Today —  After every month in 2022 recorded a decline in builder confidence, could 2023 herald a change? It’s beginning to look that way. Builder confidence in the market for newly built single-family homes in February rose seven points to 42,...
Housing Market: 6 Trends To Know for February 2023

Housing Market: 6 Trends To Know for February 2023

by Third Party | Feb 16, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: Yahoo! —  The current state of the U.S. housing market can best be described as “complicated.” Rising mortgage rates over the past year have steered many would-be buyers out of the market, leading to softer demand and declining home prices. But prices...
San Francisco looks like a deflating Pandemic Housing Bubble—while housing markets in New York and Chicago remain stable

San Francisco looks like a deflating Pandemic Housing Bubble—while housing markets in New York and Chicago remain stable

by Third Party | Feb 15, 2023 | Industry Updates, U.S. Housing Market

Source: Yahoo! News —  The home price correction has been fairly mild on a national level, with U.S. home prices falling just 2.5% between June and November. But on a regional level, the correction in the second half of 2022 was a mixed bag. Among the 20 major...
Will the Mortgage Third-Party Origination Channel Survive the Current Market?

Will the Mortgage Third-Party Origination Channel Survive the Current Market?

by Leora Ruzin | Feb 15, 2023 | Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market

Northpointe Bank, a regional bank headquartered in Michigan, has announced that they are closing their correspondent lending operations in April of 2023, and will shift their focus to retail lending, mortgage warehouse lending and specialty loan servicing. This...
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