REI INK

News Updates

Gen Z Homebuyers Consider Smart Features, New Builds and Prioritize Sustainable Materials, New Survey Shows

  • by
  • Comment Off
  • 404 views

A new report by RE/MAX explores the cultural context and influential trends set to shape the real estate industry in the U.S. as homebuyers and sellers of all generations become increasingly pragmatic in their real estate search With 2022 having seen a notable increase in mortgage rates compared to historical lows in 2020-21, and with many economic factors to watch based on the first quarter of 2023, many U.S. homebuyers

Read More

walker & dunlop announces kathleen balderrama as new group head for alliant capital

  • by
  • Comment Off
  • 632 views

Kathleen Balderrama has officially assumed her position as Group Head for Alliant Capital , the 6th largest LIHTC syndicator in the United States. She takes over for Shawn Horwitz and oversees LIHTC production, acquisitions, and asset management for the Alliant team. Taking the helm after nearly 10 years with the organization, Balderrama has nearly two decades of LIHTC and affordable housing experience. “Katie has been constantly expanding her role with the organization, digging into the

Read More

Prepayments Rebound from All-Time Low

  • by
  • Comment Off
  • 328 views

Overall Mortgage Delinquencies Inch Up As 30-Days Late Payments Rise Black Knight, Inc. (NYSE:BKI) reports the following “first look” at February 2023 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.45%Month-over-month change: 1.96%Year-over-year change: -12.56% Total U.S. foreclosure pre-sale inventory rate: 0.46%Month-over-month change: 0.81%Year-over-year change: 15.18% Total U.S.

Read More

The typical down payment has fallen 10% from a year ago

  • by
  • Comment Off
  • 427 views

The typical U.S. homebuyer made a $42,000 down payment in January, the lowest level in nearly two years, amid rising mortgage rates and low competition The typical U.S. homebuyer’s down payment fell 10% year over year in January to $42,375, its lowest level in nearly two years, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The median down payment was down 35% from the peak it reached

Read More

BSI Financial Services Names Harold Lewis President and COO

  • by
  • Comment Off
  • 491 views

Company also appoints financial veteran Brett Behrens to head agency servicing BSI Financial Services, a mortgage operating platform, announced Harold Lewis has been hired as president and COO. In this newly created position, Lewis will be responsible for scaling BSI Financial’s platform and delivering value to its customers through the combination of improved operational efficiency, reduced risks, technology advancements and exceptional talent. Prior to joining BSI Financial, Lewis served as president and COO of

Read More

FOR SALE: Largest 3D Printed House Hits the Market

  • by
  • Comment Off
  • 420 views

A New Era in Home Building: Open House Lets You Experience 3D Printed Home First-Hand SQ4D LLC (SQ4D) has listed for sale the Largest 3D printed home in the United States. This residential property, printed on site using SQ4D’s revolutionary Autonomous Robotic Construction System (ARCS), is the largest 3D printed home to ever hit the market and is listed on MLS for sale as new construction for $499,999. Open house dates and times are

Read More