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Government-sponsored enterprise (GSE) Fannie Mae has reportedly laid off as many as 700 employees, with 200 of the layoffs focused on members of the Telugu-speaking community over irregularities uncovered related to charitable donations. According to reports from outlets including TechStory , HRKatha and the Times of India ,700 U.S.-based employees were fired within the first few days of April, including 200 workers who speak the Telugu language, which is primarily spoken in the Indian states of
In April, as the real estate industry celebrates New Homes Month, millennial buyers indicate they are prepared to compromise on space. According to a National Association of Home Builders (NAHB) survey, most millennial buyers would choose a smaller, feature-rich home for the same pricealthough they do want more square footage than prior generations.
Oralia Herrera, current president of NAHREP. Oralia Herreras journey from an 8-year-old immigrant and tenant in a Chicago apartment to newly appointed president of the National Association of Hispanic Real Estate Professionals (NAHREP) is one she wouldn’t change a thing about. Sworn in on March 26 during NAHREPs annual Homeownership and Housing Policy conference in Washington, D.C. , Herrera now leads an organization at the heart of policy advocacy, education, and empowerment for Hispanic
While Floridas coastal condo markets are seeing price declines, inland Floridas median condo sale price rose 5.4% year over year in January, according to a new report from Redfin. This contrasts with a 4.8% price drop on the Gulf Coast and a 3% decline on the Atlantic Coast. The inland market is holding up even better than its single-family home segment, which saw a 3.7% price increase in the same period.
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
For those who are within five years of retirement either those who are five years away, or who have recently entered the market volatility being experienced today as a result of the White House s embattled tariff policy are likely to endure challenges as they navigate the potential impacts of market volatility. This is according to retirement experts who have recently spoken with outlets including the New York Times and the Wall Street Journal , as older Americans with a market stake in their
According to Bankrate s latest 2025 Housing Affordability Study, prospective homebuyers are still burdened by the most challenging U.S. housing market in decades, with the average home requiring an annual household income of $116,986. Since early 2020, when the income required to purchase a typical home was $78,236a near-50% increase. Furthermore, according to Bankrates data, purchasers in 30 states and the District of Columbia require a household income of six figures in order to afford the ave
According to Bankrate s latest 2025 Housing Affordability Study, prospective homebuyers are still burdened by the most challenging U.S. housing market in decades, with the average home requiring an annual household income of $116,986. Since early 2020, when the income required to purchase a typical home was $78,236a near-50% increase. Furthermore, according to Bankrates data, purchasers in 30 states and the District of Columbia require a household income of six figures in order to afford the ave
Reverse mortgage industry performance metrics have continued their soft trend into the third month of the year, though activity in the secondary market was slightly higher than the month prior. Home Equity Conversion Mortgage ( HECM ) endorsements fell in March based on rate increases observed in the late period of 2024, while HECM-backed securities ( HMBS ) issuance saw an increase in March in a market that remains generally healthy despite lower issuance activity.
Minnesota ranks as the most desired state for young people buying property, with 50.8% of people under age 35 owning a home, according to a recent survey conducted by property management services and brokerage firm Evernest. The analysis took into account the range of factors including homeownership rate for people under 35, average young adult income, home prices, and the number of homes with a mortgage.
As the FHFA signals an interest in loosening control of the GSEs, experts predict mortgage rates would rise as a result but the increase might be temporary.
Recognizing the most innovative technology providers in the mortgage industry, MortgagePoints Tech Excellence Awards highlight the companies that have developed cutting-edge solutions, improved operational efficiencies, and have enhanced the mortgage process through technology. These organizations are on the cutting edge of serving the mortgage, real estate, or housing markets, providing technology or software designed to serve those markets.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Current practice changes are pushing us toward a less transparent market, compliance expert Summer Goralik writes. That's bad business for both clients and real estate professionals.
Rachael Yenque recently joined Westcor Land Title Insurance Co. as Florida agency representative. Yenque has 20 years of experience in the title insurance industry. She is a senior commercial closer by trade and trusted sales professional, the firm says in a release. Throughout her career, Yenque has developed a strong reputation for expertise in title and settlement services, navigating complex commercial real estate transactions nationwide with precision and efficiency.Her in-depth knowledge o
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Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
When you do not trust your leadership to support you or to do the right thing, broker Erica Ramus writes, it's time to reevaluate your team or brokerage.
The companies had battled in court since last July when Realtor.com alleged that a former employee stole confidential business information to benefit CoStar.
Even in the face of regulatory headwinds, investment analyst Michael Zaransky writes, there are always opportunities in the multifamily investment sector.
Lamacchia Realty Ranks as one of the Verified Best Real Estate Brokerages in the United States by 2025 RealTrends 500 The RealTrends 500 has unveiled its annual rankings of the top 500 real estate brokerages in the United States , based on 2024 closed sales volume data from the countrys largest firms. Were proud to share that Lamacchia Realty has once again secured spots across multiple categories!
The effort to dismiss the case comes following a settlement between Move and Realtor.com's former head of News & Insights, who was accused of accessing documents while at Homes.com.
PRICE ADJUSTMENTS IN SOUTH FLORIDA RISE RAPIDLY - 2025 The South Florida real estate market is feeling more pain as the market continues to slow, particularly with condos. Several factors are making buying and selling more difficult than in other parts of the country, leading to a noticeable rise in price adjustments across the region. Condo sales have especially declined due to the ongoing insurance crisis and rising association fees or special assessments tied to stricter regulations following
After 15 years of climbing the ranks at Christie's International Real Estate, the luxury marketing expert is joining Anywhere Franchise Brands as senior vice president of customer experience, Inman has learned.
If youre a real estate investor, chances are youve heard of the 1031 exchange. However, if youve never done one before, understanding how they work can be overwhelming.
In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday.
Liebman encouraged the firm's agents to not only keep up with industry change, but to lead through it. She also encouraged agents to take on "a new perspective" at the event being held in Scottsdale this year.
The dry home, constructed in 2013, sold for $2,713 per square foot, which is a record for a non-waterfront property on the island. It was purchased by a developer who recently sold a $60 million home on the island.
PRICE DECREASES IN SOUTH FLORIDA CONTINUE TO RISE - 2025 The South Florida real estate market is feeling more pain as the market continues to slow, particularly with condos. Several factors are making buying and selling more difficult than in other parts of the country, leading to a noticeable rise in price adjustments across the region. Condo sales have especially declined due to the ongoing insurance crisis and rising association fees or special assessments tied to stricter regulations followi
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