Top Headlines
Dan Sogorka Named General Manager of Rocket Pro TPO
Sogorka previously served as CEO and president of Sagent, a fintech company that designs and builds digital mortgage servicing platforms. Continue Reading Dan Sogorka Named General Manager of Rocket Pro TPO
Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence
“It is tragic that select individuals and entities have mischaracterized our city based on isolated incidents,” said the city government on X. Continue Reading Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence
Survey: Most Americans Are Unwilling or Uncertain About Moving
70% said they were very satisfied with their property appraisal and 23% reported being somewhat satisfied. Continue Reading Survey: Most Americans Are Unwilling or Uncertain About Moving
Angela Cain Named Global CEO at Urban Land Institute
She succeeds Ron Pressman, who retired last October. Continue Reading Angela Cain Named Global CEO at Urban Land Institute
NAR Supports New Biden Plan on Addressing Housing Affordability
NAR’s Chief Advocacy Officer Shannon McGahn met with White House officials last week. Continue Reading NAR Supports New Biden Plan on Addressing Housing Affordability
Pending Home Sales Improved for Second Consecutive Month, Up 8.1% from December 2022
Pending home sales improved in January for the second consecutive month, according to the National Association of Realtors. All four U.S. regions posted monthly gains but saw year-over-year drops in transactions. The Pending Home Sales Index (PHSI) — a...
Homes owned by Black households appreciated the fastest during the pandemic
Homes owned by Black families appreciated more than any others since the start of the pandemic, with the typical Black homeowner gaining nearly $84,000 in equity. Black Americans also made slight gains in homeownership rates, despite disproportionate job and income...
Are iBuyers good or bad for the real estate ecosystem
iBuyers, short for "instant buyers," are companies that use technology and data analysis to make fast cash offers on homes, usually at a discount. The concept of iBuyers first emerged in the early 2010s as a response to the traditional home selling process, which can...
Here’s What Happens When You Can’t Make Your Mortgage Payment
Source: The Ascent --- It's been a very difficult time to be an ordinary American homeowner as of late. If you bought a home in the last few years, you might be grappling with higher housing payments due to elevated home values. They climbed in the last three years...
Should I Refinance My Mortgage?
Source: Buy Side from WSJ--- For most people, the prime reason to refinance a mortgage is to lower their interest rate and monthly payments. So, when mortgage rates dipped to record low levels early in the coronavirus pandemic, refinancing activity soared. Right now,...
This is why you need a mortgage pre-approval before shopping for a home
Source: CNBC --- If you’re ready to begin your home shopping journey, make sure you get a mortgage pre-approval first. A mortgage pre-approval letter is an essential step in the homebuying process. Without pre-approval, it might be difficult to determine your budget....
The mortgage rate you get depends partly on your credit score. Here’s what to expect
Source: CNBC --- Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several...
Three New England Markets Experience Sharp Increase in Rents
Three housing markets in the U.S. Northeast are dealing with rent spikes even as the nation’s rental crisis showed signs of moderation in January. Renters in Springfield, Massachusetts paid an average of about $1,615, a year-over-year increase of 14.73 percent...
Fundhomes appoints Ryan Feit as Strategic Advisor
Fundhomes announced that CEO and Founder of SeedInvest Ryan Feit joined their advisory board. Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that are operated on their...
Realogics Sotheby’s International Realty Releases 2023 Forecast Report
Realogics Sotheby’s International Realty (RSIR) released its 2023 Forecast Report, a macroeconomic housing report authored by Pacific Northwest brokerages who have analyzed the trends in 2022, evaluated what's occurred so far in Q1 for 2023 and are focused on where...
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