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Out-of-state buyers take on local renters in Manchester, NH

Housing Wire

I have been getting buyers from Ohio, California and all over.”. The city’s one-hour commute to Boston has long made it appealing to out-of-state buyers looking to save some money. For local buyers, many of whom are first-time homebuyers, this has resulted in serious competition. year-over-year increase, according to Redfin.

Buyers 418
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The Real Brokerage expands in Virginia, adding eight-agent team

Housing Wire

Reed brought a banking and finance background to real estate when she became an agent in 2016 and has shown a knack for marketing. Nicole has leveraged her career in finance to provide clients with a unique skill set that will be even more valuable as buyers become more discerning as they select an agent.

Brokerage 448
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Mortgage loan-trading platforms prepare for fall in volume

Housing Wire

On these platforms, originators can lock down the best loan price from various buyers, typically asset managers and institutional investors. The last 12 months have been great,” said Tom Pearce, CEO of Maxex, an Atlanta-based fintech company founded in 2016. “In 2021, we’ve had a record volume.

Mortgage 396
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Incenter Lender Services promotes Sara Parrish to COO

Housing Wire

According to Parrish, some of Incenter’s clients, such as IMBs, face pressures from the market downturn. In May 2023, the subsidiary launched a new digital MSR exchange , known as eMSR Exchange, which connects buyers and sellers of co-issue flow offerings online and provides 24/7 pricing.

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RE/MAX closes out fall months with new top-producers, franchisees

Housing Wire

Ruehrwein, who became a licensed agent in 2017 after working in the new construction industry for 28 years, serves clients in Rehoboth and surrounding Massachusetts towns, as well as East Providence and the Narraganset area of Rhode Island. “My Ruehrwein’s move was not the only major addition for RE/MAX in Massachusetts.

Agents 435
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Flyhomes lays off 20% of its employees as housing demand falls

Housing Wire

Eliminated positions included a video content specialist, regional sales manager and senior client success specialist in Washington and researchers and recruiters in India. Founded in 2016, Flyhomes offers a cash offer program for homebuyers with a majority of its revenue coming from agent commissions. .

Brokerage 397
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Maxwell launches new secondary platform for small lenders

Housing Wire

Six months after raising capital, digital mortgage startup Maxwell announced Tuesday the launch of a trading platform to provide community lenders access to the secondary market, connecting these loan sellers to buyers. Maxwell will provide the platform service for sellers and attract buyers. mortgage market. mortgage market.

Investors 374