The nation’s housing market is settling into a “more sustainable equilibrium,” according to real estate analytics firm HouseCanary. Processing Content More homes nationwide went under contract in April compared to the same time last year, while the median closing price was up over 5% in the same timeframe, the firm reported this month. Inventory growth, […]
Housing market approaching equilibrium: HouseCanary Read More »
Mortgage credit availability decreased in April, even though rates fell in three consecutive weeks during the month. Processing Content The Mortgage Bankers Association’s Mortgage Credit Availability Index declined 0.4% to 107.9 in April, it reported Tuesday. The index reached 108.3 in March after a 1.1% gain, the highest mark since August 2022. “After three months
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Figure Technology Solutions reported a profitable start to 2026, driven by new partnerships on its blockchain-backed loan and capital marketplace, and signaled a potential future mortgage offering. Processing Content The New York-based fintech reported net income of $45 million in the first quarter, almost tripling its gain from $15.1 million three months earlier. The latest
Figure drops hints of future mortgage product Read More »
Rate locks on home loans fell in April with a particularly steep dive in refinancing activity as the impact from March’s higher financing costs reversed some previous gains. Processing Content Overall, locks fell 9% from the previous month as purchase loans inched down 2% and rate-and-term refinances dropped by nearly 38%, according to Optimal Blue,
Mortgage rate locks sink after previous month’s surge Read More »
Figure Technology Solutions reported first-quarter net income of $45 million as the blockchain-based lending marketplace nearly doubled revenue and more than doubled consumer loan marketplace volume year-over-year. The company said on Tuesday that its consumer loan marketplace volume rose 113% year over year to $2.9 billion in the quarter ended March 31. Figure Connect volume
Figure posts strong Q1 on surge in blockchain lending activity Read More »
President Donald Trump, in a Truth Social post Monday night, urged Congress to pass the 21st Century ROAD to Housing Act. In the post, Trump doubled down on his support for a ban on institutional investors buying single-family homes. The Senate’s version of the bill includes a provision that would prohibit investment firms that own
Trump to Congress: Pass ROAD Act with institutional investor ban Read More »
Brokerage leader Albert Meggers has launched two large Southern California offices under the NextHome brand, bringing nearly 200 agents onto the franchise’s new large-office model following its acquisition by eXp World Holdings. NextHome, a national real estate franchise and subsidiary of eXp World Holdings, said it is expanding its Southern California footprint with two coastal
NextHome opens two Southern California offices with 200 agents Read More »
The prices for goods and services continued to climb month-over-month in April, but at a slower pace than they did in March. In April the Consumer Price Index for all items rose 0.6% from a month prior on a seasonally adjusted basis, according to data released Tuesday by the U.S. Bureau of Labor Statistics. This
April CPI rises 0.6% as annual inflation ticks up to 3.8% Read More »
Remember when Netflix felt like the answer to everything? One price, one app, watch whatever you want. People were ditching cable because the math was obvious. Why pay for 200 channels when $12 a month got you everything you wanted to watch. Simple, cheap, done. Then Disney launched their own thing. Then HBO. Then Paramount,
Real estate tech started like streaming and ended as a bundle Read More »
Cotality has launched Broker Listing Exchange, or Cotality BLX, with Keller Williams and HomeServices of America as the first firms to implement the system, according to an announcement on Tuesday. Cotality BLX is an enterprise listing management and distribution platform that gives brokerages more direct control over how listings are created, standardized and syndicated across
Cotality launches Broker Listing Exchange with KW, HomeServices Read More »