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News Updates

ARIA Property Services Unveils Exclusive Select Investors Program with Unique Zero Deposit Policy

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ARIA Property Services, a leading force in the Texas residential housing market, is excited to announce the launch of its Select Investors programs. This pioneering initiative offers wholesale residential investors exclusive access to off-market investment opportunities with zero down for every Select Investor. This program exemplifies ARIA’s commitment to providing innovative and valuable investment solutions. Select Investors revolutionizes the residential investment landscape. ARIA offers wholesale investors the opportunity to access exclusive off-market homes. A one-time annual

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ICE First Look: Mortgage Performance Remains Strong as Delinquencies, Foreclosures Continue to Improve in May

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Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at May 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of May 31, 2024 Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.04% Month-over-month change: -1.55% Year-over-year change: -1.94%   Total U.S. foreclosure

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To afford a monthly mortgage payment, middle-class Americans need to put more than $127,000 down

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Forty-three percent of last year’s home buyers used a gift from family or friends to help with their down payment, the most since at least 2018 To comfortably afford a typical U.S. home, a home buyer making the median income needs to put down nearly $127,750, or 35.4%, a new Zillow® analysis shows. Five years ago, when mortgage rates were hovering just above 4% and the typical home was worth about 50% less,

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Unaffordability Expected to Remain Primary Constraint on Home Sales

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Rise in Listings Likely Means Many Homeowners No Longer Willing to Delay Moving Affordability constraints continue to limit the number of buyers willing and able to make home purchases, even as listings of for-sale homes rise, according to the June 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. As such, the ESR Group downgraded its total home sales forecast to 4.82 million in 2024, representing a modest 1.3

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Statement from RealPage: The Real Story

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Company Addresses False Narrative Concerning Revenue Management Software RealPage, a leading global provider of software and data analytics to the real estate industry, issued a statement to correct factual inaccuracies that have been reported related to its revenue management software and its impact on renters. Starting in October 2022, false and misleading claims about RealPage and its revenue management software have been reported to the media and in legal filings.

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THE NAR SETTLEMENT

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The Institutional Impact on Shifting Agent Compensation There has been a lot of buzz in the industry about the NAR settlement and how it will impact all parties, from agents to consumers. But there hasn’t been much discussion about how it will affect institutions. Lenders, servicers, and investors should begin proactively adapting to the changes in agent compensation. Join us on June 24th, for a deep dive into The NAR

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