C-suite transition finds former Snapdocs President promoted to CEO, replacing Aaron King who will assume the role of Executive Chairman of the digital closing provider.
Read More »Top American Suburbs for First-Time Homebuyers
Take a closer look at data-supported rankings of the best starter-home locations in the U.S. just outside city centers in a new report from Today’s Homeowner.
Read More »Market Approaching Historical ‘Best Time to Buy’
Although mortgage rates remain above 7%, the first week of October has historically been the best time to buy a home due to a drop in demand and reduced home prices.
Read More »Mortgage Applications Reach Lowest Level in Nearly Three Decades
“Mortgage applications decreased for the seventh time in eight weeks, reaching the lowest level since 1996,” said Joel Kan, MBA’s VP and Deputy Chief Economist. “Last week’s decline was driven by a 5% drop in refinance applications, to the weakest reading since January 2023.”
Read More »1 in 3 Sellers Are Relocating for More Spacious Homes
According to a new Redfin survey, the most common reason home sellers are relocating is the desire for more space, followed by proximity to family and a lower cost of living. Click here to see why sellers are choosing to move despite record-high mortgage rates and an increasing lack of inventory.
Read More »Women Leaders Driving Progress in Today’s Marketplace
Meet the five finalists for the Five Star Institute’s 2023 Leadership Award, who will be recognized by their peers for assembling diverse teams and fostering women leadership roles in C-Suite roles at the Women in Housing Leadership Awards Luncheon.
Read More »Nationwide Construction Boom Expected to Remain High Until 2025
While millions of units are expected to be developed in the coming years, developers are expected to open 460,860 rentals by the end of December. However, a new RentCafe study revealed even that may not be enough to keep up the pace with surging nationwide rental demand as more and more Americans opt for renting over buying.
Read More »Home Price Gains Find New Vigor
“Annual home price growth regained momentum in July, which mostly reflects strong appreciation from earlier this year,” said Selma Hepp, Chief Economist for CoreLogic.
Read More »Five Star Institute Honors Leaders on the Rise
At the upcoming Five Star Conference & Expo, the industry’s next generation of women leaders will be recognized as part of the Women in Housing Leadership Awards Luncheon. Check out our profiles of this year’s Rising Star Executive Award finalists.
Read More »Mortgage Credit Availability Rebounds
The MBA's Mortgage Credit Availability Index revealed that August's share of mortgage credit availability was on the upswing after a decrease in July, which resulted in the lowest level of credit availability recorded since 2013.
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