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Some borrwers were quick to spring into action, with applications for purchase loans rising by a seasonally adjusted 2 percent and requests to refinance up 5 percent week over week.

Households with a median income of $64,000 or less lost their buying gains in 2023, according to Redfin. The share of new mortgages issued to this group dropped 11 percent from 2020 to 2023.

Netflix's Buying London: All about the new reality property show, trailer and stream date  Yahoo News UK

Healthcare Real Estate Could Be A £20B Industry. What It Needs Is Trust  Bisnow

The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday.

Matt van Winkle served as chief executive officer of RE/MAX Northwest from 2011 until 2022 and will now lead a Compass team.

Total revenue climbs 18 percent in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse.

Plaintiffs in the commission suit known as Batton 1 had requested a temporary restraining order Wednesday to prevent final approval of the Keller Williams, Anywhere and RE/MAX settlements.

At the 2024 REALTORS® Legislative Meetings on Tuesday, May 7, 2024, the “Emerging Business Issues and Technology Forum,” featured a panel of experts exploring how AI and augmented reality will shape the real estate industry. The panel was moderated by Julie Whitesell, chair of the Emerging Business Issues and Technology Forum and broker in charge…

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Above, Jeff Grebe Jeff Grebe Broker/Owner Weichert, REALTORS® – Advantage Plus Knoxville, Tennessee https://www.advantageplustn.com  Region served: East Tennessee Years in real estate: 31 Number of offices: 2 Number of agents: 68 Favorite part of your job: Seeing agents succeed. What are some of the current trends you see in your market right now?  We’re in…

The post Facilitating Business in an Effective and Efficient Way appeared first on RISMedia.

Fannie Mae has announced new enhancements to its Income Calculator tool that will help mortgage professionals serve the growing number of mortgage applicants who are self-employed and don’t have traditional sources of income. The new web interface provides an additional, free avenue to access Fannie Mae’s existing Income Calculator functionality, which the company introduced in…

The post Fannie Mae Expands Income Calculator Tool appeared first on RISMedia.

San Francisco-based title tech provider, set to be acquired by Title Resources Group, posts a $20.6 million Q1 2024 net loss, down 46 percent from a year ago.

While the market is still unsettled—especially in regards to the currently pending NAR settlement and the changes that will bring to the industry—home sales continue as always. However, sellers have lost a little bit of the upper hand in the market as of late when it comes to a housing market correction. For sellers looking…

The post Report: The Best Time to Sell is in the First Half of the Year appeared first on RISMedia.

Wages are catching up with rents across the US. But not in Boston.  Boston.com

Ontario Court Sides With Lender in Battle With Real Estate Developer Over Loan Fees  CoStar Group

Home of the Week: Cara Delevingne's Childhood Home in London Lists for Nearly $30 Million  Robb Report

Cara Delevingne's Former Family Home in London Lists For $29.4 Million  Robb Report

Billionaire Barry Sternlicht expects one bank failure per week due to real estate's 'fragile' loans  Fortune

The National Association of REALTORS® (NAR) recently released data showing that nearly every metro area it tracks—93%—posted year-over-year price increases in the first quarter of 2024. The top 10 metro areas with the largest year-over-year median price increases, which can be influenced by the types of homes sold during the quarter, all registered gains of…

The post More Than 90% of Metro Areas Recorded Home Price Increases in Q1 2024 appeared first on RISMedia.

Fannie Mae survey finds 67 percent of Americans agree that it's a good time to sell, the highest level in nearly 2 years. But only 20 percent say it's a good time to buy.