Single-family rental veteran will architect solutions to address needs and challenges of today’s commercial and residential clients Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, continues to enhance its leadership team by appointing Justin...
15% more borrowers purchased mortgage points in 2022 than 2021, and continue to do so as interest rates hover around 6% Interest rates remain high and home buyers are looking for ways to save money, including buying mortgage points. A recent analysis of data from the Home Mortgage Disclosure Act...
S&P Dow Jones Indices (S&P DJI) released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released for February 2023 show a modest increase in our national composites, although eight of the 20 major metro markets...
The national delinquency rate dropped 53 basis points (-15%) in March, falling below 3% for the first time on record, ending the month at just 2.92% While delinquency rates almost always fall in March – as borrowers utilize tax refunds and other seasonal revenues to pay down past-due debt – the...
Investors are selling at a loss as elevated mortgage rates curtail homebuyer demand. Roughly one of every seven (13.5%) U.S. homes sold by an investor in March sold for less than the investor bought it for, according to a new report from Redfin (redfin.com), the technology-powered real...
Mortgage Demand and Home Prices Prove Resilient; Sales Expected to Decline Further Due primarily to an upward revision in recent consumer spending data, Fannie Mae's (OTCQB: FNMA) Economic and Strategic Research (ESR) Group now forecasts stronger first quarter GDP growth but maintains...
John Burns Real Estate Consulting, a leading provider of research and consulting services for the US housing industry, recently announced a strategic rebranding initiative, including a name change to John Burns Research and Consulting and the launch of its newly designed...
Foreclosure Starts See an Annual Increase of 29 Percent;Bank Repossessions at Highest Level in Three Years ATTOM, a leading curator of land, property, and real estate data, released its Q1 2023 U.S. Foreclosure Market Report, which shows a total of 95,712 U.S. properties with a...
PropStream, the leading real estate data provider, is pleased to announce that industry veteran Brian Tepfer, former Executive Vice President and CTO of Rapattoni Corporation (Rapattoni), has been appointed as the new CEO of PropStream. At Rapattoni, Brian started as a Technical Operations and...
