The 2023 housing market bent, but didn’t break
As we approach Christmas day, we can only hope that the Federal Reserve now realizes their fear of 1970s-style inflation created a rate-hike...
FHFA imposes a $140B cap to GSEs’ multifamily loan purchases in 2024
Government sponsored-enterprises (GSEs) Fannie Mae and Freddie Mac will each have a $70 billion cap for multifamily loan purchases in 2024, the Federal Housing Finance Agency (FHFA) announced Tuesday.
The combined $140...
Plunk, BHR partner on property data intelligence
Plunk, an AI-powered home analytics platform, announced a proptech partnership with BHR, a housing data aggregator. Through this collaboration, BHR’s RealReports platform will...
Why aren’t there more new homes for sale?
From Census:
New Home Sales: Sales of new single‐family houses in October 2023 were at a seasonally adjusted annual rate of 679,000, according...
Top 10 ways to get homebuyers to work with you
How do you articulate the value you bring when representing a homebuyer in a real estate transaction? You know what you do, but...
Mr. Cooper’s automated phone systems, website are back up following cyberattack
The automated phone systems and website of lender and servicer Mr. Cooper are running again following a cybersecurity incident that forced the company...
New York-based Corcoran affiliate acquires independent brokerage
Corcoran Baer & McIntosh, a franchisee of Corcoran Group based in New York City, acquired New Jersey-based Woodward Realty Group, the companies announced...
Mortgage rates continue trending down before Christmas
Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This...
Single-family rental market continues to display strength
U.S. single-family rent growth strengthened overall in March despite some weaknesses in specific markets.
Single-family rent increases in March 2024 registered a 3.4% year-over-year...
DataDigest: Yes, buyer agents steer clients, new study claims
Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so...