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Nashville

How two LOs helped champion proprietary reverse mortgage legislation in Tennessee

HWmember, Legislation, Mortgage, Nashville, Reverse, Reverse Mortgage Daily, Tennessee /

Proprietary reverse mortgages have gained a lot of traction over the past year and now account for more industry volume than federally insured Home Equity Conversion Mortgages (HECMs). With the help of loan officers Nathan Guerrero and Jackson Matheson, Tennessee will soon join the list of states to allow private-label reverse mortgages. Guerrero, a reverse […]

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The housing market is fragmenting as local trends diverge

Arizona, Atlanta, Chicago, Colorado, Florida, Housing Market, Housing Market Data, Houston, HWmember, Illinois, Massachusetts, Michigan, Nashville, Texas /

The housing market update still looks relatively stable on the surface. Inventory rose to 723,460 single-family homes in the week ending April 3, while 34.44% of listings had price cuts and the weekly absorption rate came in at 10.49%. At the national level, the baseline is still holding. As HousingWire Lead Analyst Logan Mohtashami noted

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Housing market demand is holding, but pricing gaps are breaking deals

California, Data & Analytics, Florida, Housing Market, Housing Market Data, HWmember, Minneapolis, Nashville /

Housing demand is still holding up on a year over year basis, even as mortgage rates sit at 6.64%, a level that has historically marked a key dividing line for demand. That is the backdrop Logan Mohtashami laid out in this week’s Housing Market Tracker, where he wrote that “we are at a key inflection

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Pathway Lending launches $30M housing fund

Affordable housing, Housing Market, HWmember, LendingLife, Nashville, Rental Properties, Tennessee /

Pathway Lending, a Nashville-based Community Development Financial Institution (CDFI), announced on Thursday the launch of the Pathway Housing Fund with $30 million in committed capital to acquire and preserve Naturally Occurring Affordable Housing (NOAH) in Tennessee communities at risk of gentrification. “Over the past two decades, Tennessee’s housing crisis has grown more personal for thousands

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Nashville housing market balances as inventory and price cuts rise

Artificial Intelligence, Housing Market Data, HWmember, Local Market Spotlight, Nashville, Tennessee /

Nashville’s housing market recorded 7,277 active listings during the week ending Nov. 29, with 39.1% of sellers reducing prices as the metro’s inventory climbed to a 3.4-month supply. The median list price held at $594,900 while price per square foot reached $260.8. The Music City market absorbed 663 homes during the week against 354 new

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