Real Estate Broker/Agency News

The business case for accessory dwelling units

One of Mighty Buildings 3D-printed ADUs. Photo credit: Mighty Buildings Aging parents. College students returning to the fold. Millennials seeking affordable housing in high-priced markets. People with disabilities who can live on their own but need a little family support. All of these populations comprise the target market for accessory

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The housing boom juices Home Depot’s bottom line

Millions of Americans transitioned to remote work in 2020, reconfiguring homes to be makeshift classrooms and offices. One of the big beneficiaries of the new live/work/play setup has been home goods retailer Home Depot. A recent report from TradingPlatforms noted that Home Depot’s net sales increased by over $20 billion

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A transparent foreclosure marketplace reveals hidden equity

Over the past five years, more than $1.2 billion in potential home equity has been uncovered for distressed homeowners facing foreclosure. That $1.2 billion is the amount of surplus funds generated by foreclosure sales on the Auction.com platform between 2016 and 2020. Surplus funds are proceeds from a foreclosure sale

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JPMorgan Chase adds exec to correspondent team

JPMorgan Chase has appointed Bhavesh Patel to lead client management for the bank’s correspondent lending channel. As director of client management, Patel will focus on improving the client experience and driving future growth for the business, which is growing at a faster rate than the bank’s more traditional retail arm.

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