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The U.S. Real Estate Boom: Top Cities Leading 50 Years of Development

Appraisal Buzz

Over the past five decades, real estate development in the U.S. By comparison, retail construction has slowed dramatically, averaging just 41-million square feet annually in recent years due to the rise of e-commerce. Real Estate Real estate development in the U.S. Looking Forward: Shifting Trends in U.S. real estate.

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Auction Demand Weakens in Q3 as Retail Market Softens 

Appraisal Buzz

According to the survey’s findings, more local community developers who buy at auction see the state of the market as a disadvantage rather than an advantage. The post Auction Demand Weakens in Q3 as Retail Market Softens first appeared on The MortgagePoint. The survey was conducted between Sept.

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Demand for distressed homes is dropping. What that means for the housing market

Housing Wire

Weaker demand from the local community developers buying at auction suggests continued weakness in the retail housing market into early 2025 given that those local community developers are anticipating retail market conditions about six months into the future,” Daren Blomquist, vice president of market economics at Auction.com, said in a statement.

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Open Mortgage closes distributed retail channel, will focus on TPO

Housing Wire

Open Mortgage on Friday shut down its distributed retail channel and laid off more than two dozen employees. Those of you who have worked with us over the years have seen us operate in a profitable manner, and we will continue to do so with an increased focus on our TPO channel in advance of redeploying retail in the future,” he added.

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Guaranty Home Mortgage hires EVP to expand retail channel

Housing Wire

Tennessee-based mortgage lender Guaranty Home Mortgage Corporation hired Andy Voyles as executive vice president and director of retail lending. Voyles will be responsible for growing the retail division overseeing sales, operations and marketing as well as building on the existing framework, the company said Wednesday.

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Planet Home Lending hires Doug Long to expand its retail branch network 

Housing Wire

Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said. Its strategy has focused on acquisitions in both correspondent and retail channels.

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Certainty Home Lending adds national business development leader 

Housing Wire

Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. Headquartered in Chicago , Guaranteed Rate Companies is the second-largest retail mortgage lender in the U.S., Certainty Home Lending operates under the umbrella of Guaranteed Rate.