Five federal regulatory agencies have requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions. “The proposed guidance advises on policies that financial institutions may implement to allow...
New listings have become the housing market’s equivalent of an endangered species, as data report from Redfin (NASDAQ:RDFN) has determined new listings were down 25% year-over-year as of the four weeks ending June 4 – the lowest level of any early June on record....
Although the Gen Z demographic of adults between 18 and 25 only accounts for an average of 14.91% of potential homebuyers in the nation’s 50 largest metros, there are some markets where these youthful house hunters are on the prowl and others where they are at...
Now, here is some news that will not sit well with our mortgage banking friends: new data from Redfin (NASDAQ:RDFN) has determined one-third (33.4%) of U.S. home purchases in April were all-cash transactions, up 30.7% one year earlier and the highest share in nine...
The latest BMO Real Financial Progress Index is predicting this year will not have a Summer of Love when it comes to homebuying. The new index report polled 2,500 American adults and found only 6% of respondents who are planning a home purchase in the near future will...
Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities
