Current News & Events
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
There has been no official announcement from Fannie Mae on the relocation. Continue Reading Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Q2 Market Share of FHA Loans at 14%
The second quarter’s percentage was the largest since the first quarter of 2021. Continue Reading Q2 Market Share of FHA Loans at 14%
Luxury Presence Debuts Presence Copilot Mobile Platform for Real Estate Agents
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,...
In Search Of: A New FHLBank San Francisco Chief Executive
Current President and CEO Teresa Bryce Bazemore will be retiring. Continue Reading In Search Of: A New FHLBank San Francisco Chief Executive
MBA Predicts Lower Level of Commercial/Multifamily Mortgage Activity for 2023
MBA is also predicting a 2024 rebound with $856 billion in total commercial real estate lending. Continue Reading MBA Predicts Lower Level of Commercial/Multifamily Mortgage Activity for 2023
Smaller Businesses Continue to Struggle with Rent Payments
Maryland had the highest SMB rent delinquency rate at 55%. Continue Reading Smaller Businesses Continue to Struggle with Rent Payments
Average Homebuyer’s Monthly Mortgage Payment Up 19% From Last Year
Pending home sales were down 14.4% year-over-year, with declines in all but two of the metros tracked by Redfin. Continue Reading Average Homebuyer’s Monthly Mortgage Payment Up 19% From Last Year
Active Listings Fall Below Pre-Pandemic Levels
Last month, the active housing inventory was 47.8% below the July 2019 level. Continue Reading Active Listings Fall Below Pre-Pandemic Levels
Zillow Acquires Real Estate Photography Software Platform Aryeo
Aryeo was founded in 2019 by three former real estate photographers. Continue Reading Zillow Acquires Real Estate Photography Software Platform Aryeo
Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Cher bought the property in 1991 for $1.5 million and sold it five years later for $4.35 million. Continue Reading Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Tech Trends: 5 Tips on How to Use Your Technology Strategically
You must use technology to make things easier for your clients. Don’t just think of technology to make your life easier. Continue Reading Tech Trends: 5 Tips on How to Use Your Technology Strategically
