Real Estate Agent Tools
BMO Expands its Down Payment Program
BMO says it will commit $1 million to expand its Welcome Home Grant down payment program to five new markets including Minneapolis, Milwaukee, St. Louis, Indianapolis, and Lake County, IL – Kenosha County, WI. The bank said its efforts would help underserved...
AI-Powered Transaction Coordination Service Launched for California Real Estate Agents
Mytc.ai has launched a subscription-based transaction coordination service for real estate agents in California. Through a combination of licensed transaction coordinators and AI technology, the company says it can save agents in the state up to 60% on transaction...
Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
Last week, ESSA’s parent company ESSA Bancorp completed a merger with CNB Financial Corporation. Continue Reading Judge Rejects DOJ Request of Early End to Redlining Settlement with Pennsylvania Bank
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
LePatner succeeded the retiring Frank Cohen at the helm of $55 billion BREIT. Continue Reading Wesley LePatner, CEO of Blackstone Real Estate Investment Trust, Killed in Manhattan Office Shooting
Green Street Acquires Student Housing Data Provider College House
The financial terms of the deal were not disclosed. Continue Reading Green Street Acquires Student Housing Data Provider College House
Judge Rejects Effort by Trump Ally to Open Fed Policy Meetings to the Public
US District Judge Beryl Howell ruled against Azoria Capital, stating the Sunshine Act did not apply to the FOMC meeting. Continue Reading Judge Rejects Effort by Trump Ally to Open Fed Policy Meetings to the Public
A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
GSE reform, credit scoring policy and conflicts of interest are discussed. Continue Reading A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Last year, roughly 39% of borrowers cited debt consolidation as the reason for applying for a home equity loan, compared to 25% during 2023. Continue Reading Report: Increase in Home Equity Originations, Debt Outstanding During 2024
