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Aven lands $142M in funding to take HELOC credit card nationwide
Ultra-luxury agent boomerangs from Compass to Keller Williams
Housing market bubble ready to ‘pop’ in the South, analyst warns
Big drop in mortgage rates fuels refis, but homebuyers unmoved
Op-Ed: Leadership and the Lack Thereof
How many tomes have been written on this subject? Probably millions. Depending which stats one reviews, seems that of all the bestsellers ever written about 15-20% are on leadership. Ranked by sales, authors such as Simon Sinek and Patrick Lencioni are sure to be in the top five in this category. Rarified air indeed. Both…
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Number of foreign buyer purchases falls to lowest point since 2009
U.S. Bank blames office real estate for 70% rise in nonperforming assets in past 12 months - Minneapolis / St. Paul Business Journal
Looking Beyond Challenges to Create Solutions
Above, Matt Desmond Matt Desmond President and Qualifying Broker Santa Fe Properties – a member of Leading Real Estate Companies of the World® Santa Fe, New Mexico https://www.santafeproperties.com Region served: Santa Fe Years in real estate: 19 Number of offices: 2 Number of agents: 75 Favorite part of your job: Getting to work with and…
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Motto Mortgage Opens New Franchisee in New Hampshire
Motto Mortgage—RE/MAX’s mortgage franchise—has opened a new office in Nashua, New Hampshire, serving all markets throughout the state. Motto Mortgage Sail Home is now open, marking the first ever franchise office location in the state for the Motto Mortgage brand. The company stated that the new office will provide homebuyers and refinancers competitive rates and…
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Swing state housing costs have skyrocketed since 2020 election
Single-Family Starts Dwindle in June
Single-family housing starts dropped in June as a result of raised interest rates for mortgages and construction and development loans, despite overall housing starts jumping 3% to a seasonally adjusted rate of 1.35 million units, according to new data provided by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.…
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Financing Agent Commissions Doesn’t Pencil Out for Buyers, Mortgage Experts Say
As the real estate industry braces for new rules that remove all offers of agent compensation from for-sale listings, mortgage lenders are weighing their options on how to best help cash-strapped buyers who will ultimately be responsible for paying their agent’s commission. Beginning Aug. 17, the National Association of REALTORS® (NAR) will prohibit all offers…
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Mortgage Applications Reverse Course, Rise as Rates Fall
Mortgage applications rose this week as mortgage rates saw a decrease, increasing 3.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 12, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 3.9% on a seasonally…
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