61% of ADUs are built for multigenerational housing: survey
One in five Americans now shares their homes with adult children, parents or grandparents. In the face of soaring housing costs nationwide, multigenerational...
Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim...
The Federal Housing Administration (FHA) is working to offer a new partial claim option before the end of 2023, according to the federal housing commissioner...
Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury
The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission lawsuit included plenty of insights into how the...
BofA’s mortgage production declines 6% in Q3
Top-20 U.S. mortgage lender Bank of America (BofA) reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous...
Housing construction picked up in September, but developers are getting anxious
Housing starts climbed to a seasonally adjusted annual rate of 1,358,000 in September, according to U.S. Department of Housing and Urban Development and...
DataDigest: Nearly 100,000 LOs have washed out
For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. Well, it’s certainly...
Mortgage applications sink to 1995 levels as rates soar
As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995....
Engel & Völkers expands its New England presence
Engel & Völkers is expanding its New England footprint with the addition of one new shop in the Greater Newburyport area, the company...
SFR, fix-and-flip sectors are in a ‘bit of a malaise’
“Our data shows that home flipping activity around the United States dropped during the second quarter of 2023,” said Rob Barber, CEO of...
The Sitzer/Burnett trial kicks off in Kansas City
The highly anticipated trial of the Sitzer/Burnett buyer broker compensation class action lawsuit kicked off in earnest on Tuesday morning, with opening arguments...
