News Updates

Redfin Reports Near-Record Housing Costs Put a Lid on Pending Sales, Even as Early-Stage Demand Picks Up

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House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Housing payments are sky-high because sale prices keep rising and mortgage rates remain high. The median home-sale

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Mortgage Delinquencies Continue to Slowly Rise with FHA Performance in the Spotlight Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at February 2025 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Feb. 28, 2025Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure):

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Sibi, the platform redefining supply chain technology, is proud to announce the addition of Marcus Ridgway to its Board of Directors. Known for reshaping real estate investment through his current initiatives at Forever 6 and BLVD Homes, Ridgway’s visionary approach to optimizing operations aligns with Sibi’s commitment to streamlining procurement and asset management. As the former COO and co-founder of Invitation Homes (NYSE: INVH) and co-founder of Roots Management, Ridgway has a proven

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Tech-enabled lender recognized by prestigious awards program for its unique application of data, AI/ML models, and technology to revolutionize the financing experience for real estate investors nationwide Kiavi, a leading tech-enabled capital provider to residential real estate investors, announced it won the “Best Real Estate Investment Platform” award in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products

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Flipping Activity by Investors Drops for Second Straight Year, Down 32 Percent Over That Time; Investment Returns Inch Upward but Still Sit Near Low Point Over Past Decade; Almost Two-Thirds of Flipped Homes Purchased with Cash ATTOM, a leading curator of land, property data, and real estate analytics, released its year-end 2024 U.S. Home Flipping Report, which shows that 297,885 single-family homes and condos in the United States were flipped in 2024. That

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Bridging Technology and Finance to Streamline Non-QM and Business Purpose Lending ARDRI, the leader in intelligent non-QM and Business Purpose lending solutions, is proud to announce the leadership of Brent Houston, a seasoned industry veteran and founding member who now serves as Chief Operations Officer. Houston has over 30 years of diverse experience in mortgage banking, real estate, asset management, and portfolio lending. His extensive entrepreneurial background uniquely positions him