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News Updates

Home listings surge as buyers move carefully in spring market

Sales still lag behind new listings, despite lower mortgage costs  Activity in the housing market is warming up with the weather, but economic uncertainty is causing some buyers to hesitate. According to the latest market report from Zillow®, home sales declined slightly from last year, while inventory reached levels not seen in nearly five years. Competition varies sharply by region. “Economic anxieties disrupted the start of the home shopping season. In April,

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FORECLOSURE ACTIVITY INCREASES ANNUALLY IN APRIL 2025

Completed Foreclosures (REOs) Dip Monthly but Increase from Previous Year;  Foreclosure Starts Up Monthly and Annually Nationwide ATTOM, a leading curator of land, property data, and real estate analytics, released its April 2025 U.S. Foreclosure Market Report, which shows there were a total of 36,033 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 0.4 percent from the prior month and up 13.9 percent from a year ago. “April’s

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PetScreening and OwnerRez Partner to Make Vacation Rentals Pet-Friendly–and More Profitable

Integration Will Enable Vacation Rental Hosts to Welcome Pets More Efficiently PetScreening, which offers the rental housing industry’s first and leading pet policy management software and has over 7.2 million units using the platform, announced a partnership with OwnerRez, a powerful, all-in-one vacation rental software that helps property managers and owners streamline their operations. The integration of the PetScreening and OwnerRez platforms will enable OwnerRez users to confidently welcome pets, verify

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ServiceLink Unveils Unrivaled Enhancements to Its Industry-Leading Digital Closing Solution

EXOS® Close – the industry’s first and only solution of its kind in the mortgage landscape – now includes added flexibility for lenders and borrowers alike to choose when, where and how they close ServiceLink, the nation’s premier provider of digital mortgage services, announced enhancements to its award-winning EXOS® Close technology that provide even more flexibility for lenders and borrowers using the technology to schedule their closings in real-time. The 2025

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Nearly 30% of Homeowners Considering Home Equity Loans Amid High Interest Rates and Economic Uncertainty

New MeridianLink survey reveals affordability concerns and knowledge gaps as top barriers to home equity lending According to new survey data from MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, nearly three in 10 (28%) American homeowners are considering taking out a home equity loan or HELOC in the next 12 months. This marks a notable 7% increase compared to 2022, reflecting a

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New Construction Offers a Boost in Home Affordability, but Tariffs May Stall Progress

New homes are offering an affordability edge in today’s challenging housing market, according to the Realtor.com® New Construction Quarterly Report. In the first quarter of 2025, the median list price for newly built homes fell slightly year-over-year to $448,393, reducing the price gap with existing homes to its lowest first-quarter level in five years. This, combined with builders building smaller homes, and lower mortgage rates for new home buyers, is making newly built

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