Foreclosure Activity In The U.S. Doubled in 2022 According To ATTOM

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Foreclosure activity in the U.S. will double by 2022 but remain well below pre-pandemic levels, a new report says. According to real estate data, from ATTOM’s 2022 year-end U.S. foreclosure market report released Thursday, the U.S. is expected to recordContinue Reading

Realtor.com Announces Enhanced Listing Intelligence

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On Tuesday, Realtor.com announced the addition of “enhanced listing intelligence features” to its website, which can offer real estate agents predictive insights. According to a news release from the company, the improved listings can help agents “demonstrate their value andContinue Reading

Stewart Completes Acquisition of BCHH

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Real estate services company Stewart has completed the acquisition of BCHH, a agency that provides title insurance and settlement services for residential and commercial properties. Although the companies did not disclose financial details of the transaction, Stewart CEO Fred EppingerContinue Reading

Freddie Mac Multifamily Market Forecast for 2023 Q1 & Q2

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Inflation fears, rising interest rates, and a cooling housing market have clouded Freddie Mac’s 2023 multi-family home market outlook. The mortgage aggregator expects the multifamily sector to slow further in 2023 due to moderate rental growth, higher vacancy, and lowerContinue Reading

Homebuilders Pull Back in a Major Way

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Single-family home builders are retreating rapidly. The overall decline in housing starts continued in November, falling 0.5% from October to a seasonally adjusted annual rate of 1.427 million units, according to a US report and Census Bureau and US DepartmentContinue Reading

Great News For Housing Market as Inflation slows in November

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Inflation has held up faster than expected in November, increasing the likelihood that the Federal Reserve will slow the pace of interest rate increases.  This is good news for the real estate market, which has suffered greatly from the impactContinue Reading

The Real Brokerage Acquires LemonBrew Lending For $1.25 Million

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The Real Brokerage, an international brokerage firm, has acquired home lending platform LemonBrew Lending for $1.25 million, adding mortgage lending services to Real’s portfolio. Real acquired 100% of the shares of LemonBrew for $1.25 million, paid $800,000 in cash andContinue Reading

Finance of America Closing FHA Origination Unit And Acquire American Advisors Group for $15 million

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Finance of America (FOA), which recently announced the closure of its troubled origination unit, has closed an agreement to acquire American Advisors Group (AAG), the nation’s largest provider of FHA. In an SEC filing released Wednesday, FOA said it hadContinue Reading

LoanStream To Launch One Year Self-Employed Mortgage Product

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Being self-employed means having freedom from the workplace, but it also makes it difficult to get a mortgage – and a two-year token that runs your own business. LoanStream is looking to change that, with its ‘one-year freelancer’ product.  InContinue Reading

According To NAR the Pending Home Sales Dropped By 37% From 2021

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Pending home sales fell 4.6 percent to 77.1 in October, according to data released Wednesday by the National Association of Realtors (NAR). This is the fifth consecutive month of decline. Existing home sales have fallen in 11 of the lastContinue Reading