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The national delinquency rate edged up 5 basis points (bps) to 3.53% in February, which marked a month-over-month change of 1.45% and a year-over-year change of 5.69%. That’s according to Intercontinental Exchange’s (ICE) first look for its February 2025 month-end mortgage performance statistics. Today’s first look at the data revealed that FHA mortgages accounted for 90% of the 131,000 year-over-year rise in the number of delinquencies , despite making up less than 15% of all
Real estate doesn't lack lead gen options, Jimmy Burgess writes. It lacks execution. He provides a wealth of resources and the strategies you need to implement them.
The U.S. housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. With affordability shrinking, buyers are taking more risks to secure homes, according to HomeLight s 2025 Lender Insights & Predictions survey. Findings include 71% of loan officers reporting an increase in buyers who are willing to purchase fixer-uppers, explore unconventional financing or accept high mortgage rates despite long-term financial c
As Washington cities undergo significant upzoning this year, timing of the firm's partnership with the AI platform that can predict what sellers might enter the market soon and identify areas ripe for redevelopment couldn't be better.
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.
Housing market forecasters projected home prices to rise in 2025 because of limited inventory and the release of pent-up demand as mortgage rates moderate off their highs of the last few years. However, recent data suggests home prices are trending in the other direction. According to Altos, the weekly single-family pending sales price has fallen in five states on a 90-day average basis, and other states are trending in that direction.
Coach Annette DeCicco shares how this Maryland agent took the skills she learned from being a social worker and applied them to a thriving career in real estate.
Coach Annette DeCicco shares how this Maryland agent took the skills she learned from being a social worker and applied them to a thriving career in real estate.
One of the biggest housing stories so far this year is Rocket s pending acquisition of Redfin. That acquisition also kicked off a new battle between Rocket and Zillow over who will get to the consumer first and serve them best through a housing ‘super app.’ In a presentation for investors , Rocket outlined how its acquisition of Redfin will help the company create a more seamless and affordable way for consumers to transact real estate, showing how it will take consumers from the h
Buyer agreements are a good thing, Alabama Realtors CEO says, but the law, inspired in part by the DOJ, gives consumers and agents more time to negotiate.
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook. In its quarterly NAR Real Estate Forecast Summit Update, economists Lawrence Yun and Nadia Evangelou said they now expect existing-home sales to rise by 6% relative to 2024 and finish at 4.3 million in 2025.
Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave.
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.
Cannae Holdings Inc., the investment firm led by Fidelity National Financial (FNF) founder and Chairman William Foley II, is facing accusations of poor governance and a lack of strategic focus from activist investor Carronade Capital Management. Carronade points to actions it claims have contributed to a loss of almost $1 billion in shareholder value.
Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent. Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this month. The bill was first introduced in early February when it was sponsored in the Alabama House of Representatives by State Representative Randall Shedd (R-Cullman).
Top agents are winning a greater share of listings in the wake of NAR's commission settlement last year, with high-performers holding 42.64 percent of all listings, new data from tech firm Relitix shows.
The public-private partnership that exists between city officials and nonprofit leaders in Dallas is an encouraging sign on how to deal with the homelessness crisis, and it could be worthy of replication on a national level. This is according to Department of Housing and Urban Development (HUD) Secretary Scott Turner , who journeyed to the city this week to discuss the issue.
Despite having lower overall volumes when compared to the forward mortgage business, Liberty Reverse Mortgage remains one of the more profitable segments of parent company Onity Group s portfolio, according to information shared by executive leaders at a recent investor presentation. At this month’s Sidoti Virtual Investor Conference, Onity leaders including CEO Glen Messina and chief financial officer Sean ONeil offered details about the companys performance over the past several years.
Bill Pulte, newly installed director of the Federal Housing Finance Agency (FHFA), has begun restructuring government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, firing Diana Reid, CEO of Freddie Mac, as well as placing Gina Cross, chief operating officer, and Monica Matthews, director of human resources, and other staffers on leave, Politico reports.
Mike Hutchins, an economist, author and Freddie Mac exec since 2013, steps into the interim CEO role for the second time in a year after Diana Reid is let go.
I worked next door to a crotchety old RE/MAX agent for ten years and we used to bet on the ultimate sales price of upcoming listings. I was always quite certain Id win because of my vast appraiser knowledge. But I not only lost every time, I was often stunned by the accuracy of Mr. Crotchety who was extremely active in the local market. The post Appraiser vs Seasoned Agent: Whose Value Estimate Is More Accurate?
Higher interest rates and tight financial lending conditions have led to a decline in loans for new home construction. The total volume of acquisition, development, and construction (AD&C) loans outstanding from FDIC-insured institutions fell 1.02% to $490.7 billion, the third straight quarterly decline. The level of 1-4 residential construction loans, which include loans for the.
The housing market saw significant softening in February, with inventory rising, demand shrinking, and buyers regaining more control while sellers find themselves in a tough position.
I want to build wealth through real estate, and I’m guessing you do too. But traditional real estate investing is not always convenient and easy to start into.
Realtors: Stop letting your deals die. Stop giving up so easily. Deals go sideways for many reasons, and as such, there are many solutions to solving these issues. Use this guide to get your transactions back to the closing table. Don’t. Give. Up. Today’s discussion? Financing Denied! What should you do about this, whether it’s your buyer or the buyer on your listing?
Anyone can analyze a rental property, but if youre not careful, its easy to overlook significant costs that wipe out your cash flow and put you in the red.
Top 25 Hottest Towns in Massachusetts in 2024 The Lamacchia Realty 25 Hottest Towns report is in! We look at every town in Massachusetts and take the Top 25 with the most growth in the number of sales when compared to last year. To make this list there has to be a minimum of 200 sales in 2023 including single families, condos, and multi-families. We also look at the median prices of each town.
Commercial construction technology company BuildOps has arrived at unicorn" status a valuation of $1 billion upon closing a Series C round of funding totaling $127 million.
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