National News
The 6.3% month-over-month decline was the steepest the U.S. market has seen since September 2022.
In Phoenix, home prices rose 1.92% year over year and 0.15% month over month in March.
The initial bid is unlikely to be accepted, an insider told Bloomberg.
Guaranteed Rate Affinity has appointed Dino Guadagnino as regional vice president of reverse mortgages and Kevin Dilday as area sales manager for the Mid-Atlantic region.
The online marketplace fleshed out the rules of its new listing access standards policy that was unveiled in the wake of the National Association of REALTORS’® Clear Cooperation update.
New data released by CoreLogic/Cotality, and examined by noted industry researcher Mike DelPrete, contradicts this commonly held notion, however, and shows that the ratio is actually closer to 65/20.
Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said.
The appointment, announced at Christie’s International Real Estate’s recent annual conference, will take effect in June.
Gateless has integrated Fannie Mae’s Income Calculator into its automated mortgage-underwriting package, which will enable lenders to quickly and accurately calculate income from self-employment, business ownership or rental properties.
Mike Buffler, a 13-year veteran of the entertainment banking industry, has joined Rate to provide flexible, strategic mortgage solutions for its athlete and musician clients nationwide.
The association noted, however, that 90% of the responses to its survey tracking homebuilder sentiment were received before the announcement of a 90-day reprieve in U.S.-China tariffs.
The real estate-technology firms will receive help scaling up their businesses from the association’s strategic investment arm, Second Century Ventures.
Driven primarily by the construction boom during the pandemic, the housing market has seen some improvements in affordability, but homes remain out of reach for many would-be buyers.
The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty.
Described by members as “very positive” for real estate, the tax plan now includes five provisions that were among NAR’s top priorities.
HomeSmart’s yard signs will now have QR codes and NFC (Near Field Communication) tags allowing home shoppers to access property details.
