Bellevue Housing Market: Prices, Trends, Forecasts 2023

Bellevue Housing Market: Prices, Trends, Forecasts 2023

Bellevue, Washington is a suburb of Seattle best known for being within driving distance of the home of Microsoft, Redmond. It is thus another Pacific Northwest city where the property market is... Read more »
New-home mortgage applications surged nearly 40% annually in October: MBA

New-home mortgage applications surged nearly 40% annually in October: MBA

Mortgage demand for new homes jumped in October as the inventory for existing homes remained depleted. Mortgage applications for new-home purchases rose 39.7% in October on a year-over-year basis and were up... Read more »
Will Rent Go Down or Crash in 2023 or 2024: Forecast & Trends

Will Rent Go Down or Crash in 2023 or 2024: Forecast & Trends

Welcome to our blog post on rent prices across the United States. Rent prices have been a hot topic of discussion, especially as the cost of living continues to rise in many... Read more »
CoStar CEO: ‘We had zero involvement’ with commission lawsuits

CoStar CEO: ‘We had zero involvement’ with commission lawsuits

ANAHEIM, Calif. — Andy Florance, founder and CEO of CoStar Group, wants to set one thing straight: his company had nothing to do with the commission lawsuits now rocking the real estate... Read more »
Kirkland Housing Market: Prices, Trends, Forecasts 2023

Kirkland Housing Market: Prices, Trends, Forecasts 2023

Nestled on the eastern shores of Lake Washington, Kirkland has emerged as a vibrant and dynamic hub for discerning homebuyers and investors. Renowned for its picturesque waterfront setting, exceptional schools, and proximity to... Read more »
CUSO Home Lending rolls out Dark Matter Technologies’ loan origination system 

CUSO Home Lending rolls out Dark Matter Technologies’ loan origination system 

CUSO Home Lending rolled out Dark Matter Technologies’ Empower loan origination system (LOS) for its credit union owners.  CUSO Home Lending — a lender owned by Maine credit unions — became the... Read more »
Mortgage Rates Take a Dip for the Third Consecutive Week

Mortgage Rates Take a Dip for the Third Consecutive Week

The mortgage market is witnessing a significant shift as rates continue their descent for the third straight week, according to data released by Freddie Mac. The average rate on the benchmark 30-year... Read more »
Freddie Mac to roll out fee-based repurchase pilot program in 2024

Freddie Mac to roll out fee-based repurchase pilot program in 2024

Freddie Mac will launch a new fee-based repurchase alternative pilot program for performing loans in 2024, designed to improve the quality of performing loans through a potential replacement of its current repurchase... Read more »
Will the Commercial Real Estate Rebound or Crash?

Will the Commercial Real Estate Rebound or Crash?

In a compelling presentation at the Commercial Economic Issues and Trends Forum during the 2023 NAR NXT, Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), indicated that the commercial... Read more »
Mortgage rates trend down for the third straight week

Mortgage rates trend down for the third straight week

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% chance that the Fed will hold interest... Read more »