In the mortgage industry, we love to talk about technology, market cycles, and rate movement, but there is one topic that still gets treated like a soft skill even though it determines almost every outcome — culture. Culture is not a perk. It is not a slogan on a wall. It is the operating system […]
Culture is not a perk. It is the new engine of mortgage growth Read More »
It’s homebuilders’ last push, and their business and channel partners operate through friction on every front. Scarce, costly capital Slow approvals and entitlement drag Workforce constraints and generational handoffs Climate-driven costs and insurance uncertainty Buyer fear, hesitation, and confusion Margin compression stretching every variable An epic underbuild of new homes to the tune of somewhere
Why it’s too easy to say ‘no’ to new-home development in America Read More »
Luxury home sellers are offering more and increasingly creative concessions in 2025, according to The Agency’s annual Red Paper, a comprehensive wealth and real estate market report. A survey of The Agency brokers saw more than 60% reporting more concessions this year compared to 2024. “Concessions aren’t a sign of desperation,” said Deborah Morton, managing
Luxury home sellers offering more creative concessions Read More »
If the continued slow pace of existing home sales wasn’t enough to convince you that fewer Americans are moving, Atlas Van Lines’ 2025 Migration Patterns Study would like you to consider its findings. Published on Wednesday, the report found that overall mobility in the U.S. is low, which the study attributes to high housing costs
Louisiana again tops the chart for outbound moves Read More »
Fannie Mae and Freddie Mac have curtailed the public release of their economic and housing data, prompting questions about the potential impact to the mortgage market that relies on the data, according to reporting by Inman. Fannie Mae did not release its National Housing Survey in November, marking the first missed publication in more than 15 years. Its
Fannie Mae, Freddie Mac limit public housing data releases Read More »
While Zillow made waves earlier this week after removing climate risk data, which was supplied by First Street Technologies, from its listings, Redfin has taken a different approach. In a post on LinkedIn, Redfin’s chief economist Daryl Fairweather wrote that her firm had made the choice to continue displaying the data “because homebuyers find climate
Redfin defends climate risk transparency after Zillow removes data Read More »
California has made significant efforts to address housing affordability through numerous new laws under Gov. Gavin Newsom. Candidates seeking to replace the term-limited Newsom, however, act as if little has been accomplished. The laws lacked swift, decisive enforcement to push the affordable goal, according to California billionaire Tom Steyer, a former presidential candidate and the
Housing affordability dominates California gubernatorial race Read More »
U.S. Senate Democrats sent a letter to Consumer Financial Protection Bureau (CFPB) acting director Russell Vought raising concerns that any “efforts to shutter the agency” could disrupt the publication of average prime offer rates (APOR), a key benchmark in the mortgage market. The CFPB manually calculates and publishes detailed APOR tables on a weekly basis.
Senate Democrats warn CFPB shutdown could disrupt prime interest rates Read More »
Rohit Chopra, former director of the Consumer Financial Protection Bureau (CFPB) and a previous member of the Federal Trade Commission, has landed a new job. According to reporting from Bloomberg on Tuesday, a coalition of Democratic state prosecutors called The Progressive State Leaders Committee (PSLC) has hired Chopra to lead its Consumer Protection and Affordability
Former CFPB director Chopra to lead progressive consumer group Read More »
Bright MLS expects the U.S. housing market to enter a transitional period in 2026, with slightly lower mortgage rates and rising inventory offering some relief to buyers but not enough to fuel a full recovery. The nation’s largest multiple listing service (MLS) released its annual forecast Wednesday — describing a market shaped as much by
Bright MLS forecasts 2026 as reset year, not a rebound Read More »