From NAR: “Existing-home sales increased for the third straight month due to lower mortgage rates this autumn,” said NAR Chief Economist Lawrence Yun. “However, inventory growth is beginning to stall.” My central theme... Read more »
Mortgage purchase application data Mortgage purchase application data is a forward-looking indicator, as it typically takes about 30-90 days for purchase apps to lead to home sales. In some cases, it can... Read more »
DENVER, CO—The Mile High Lifestyles team recently joined Your Castle Real Estate (Your Castle), bringing 25 agents to the Denver-based company. The team is led by Jaden Hanson, co-founder/owner of Mile High... Read more »
Home Equity Conversion Mortgage (HECM) endorsements saw a healthy increase in October 2024. They jumped by 11.3% to 2,392 loans for the month, according to data compiled by Reverse Market Insight (RMI).... Read more »
Natural disasters drove mortgage delinquencies in November to their highest level in three years, according to a report by ICE. Industry experts advise closely monitoring the trend but note that the share... Read more »
Lansing, Michigan-based reverse mortgage servicing company Celink this week announced that it earned a high net promoter score (NPS) of 74, which is generally considered an “excellent” rating of customer loyalty, following... Read more »
Let’s talk about something that’s on a lot of people’s minds: higher mortgage rates and whether they’ve completely killed the housing market’s buzz. Have rising rates finally slowed down the crazy housing demand... Read more »
Are some US cities about to pop? 3 US Cities on the Brink of a Housing Bubble are a real concern, and we’re going to dive deep into which ones might be in... Read more »
Office leasing in Los Angeles, which withered during a pandemic shift to remote work, is on the rise — but so are the number of available workplaces. Office landlords across the city... Read more »
There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis represents an obstacle to upward mobility, and... Read more »