In January, technology-focused real estate company REX completed a $45 million Series C funding round. Now, the company is raising more money. REX announced this week that it raised $40 million in Series C1 funding to complete its national expansion and broaden the availability of mortgage, insurance, escrow and other
Pam Liebman dishes on coded discriminatory language in real estate and the Fair Housing Act training that all new agents at Corcoran are required to attend. Read More
Democrats introduced a new bill Thursday that will dedicate $100 billing to fighting the affordable housing crisis in the U.S. The bill, Housing is Infrastructure Act, was introduced by Sen. Kamala Harris, D-Calif., a candidate for the Democratic presidential nomination, and Sen. Maxine Waters, D-Calif., chairwoman of the House of
Although Millennials seem to be taking over the housing market, nationally, 12.3% of Millennial renters say they plan to keep renting. Last year, 10.7% said they plan to always rent, up over 2%, a study from Apartment List said. For most, being able to make a down payment is the
The global economy will likely shake off this year’s economic slowdown, led by the U.S. as low mortgage rates bolster the housing market, according to a Goldman Sachs forecast. Global economic growth likely will quicken to 3.4% in 2020 from 3.1% in 2019, according to the forecast. That’s still a
How much of a refinance surge is the mortgage business experiencing? Well, for the first time in more than four years, there were more refinances closed in a month than purchase loans. According to the new Origination Insight Report from Ellie Mae, there were more refis than purchase mortgages in
It’s looking like 2019 is going to end up being a really good year for the mortgage business in more ways than one. Not only is the business on track for the highest origination volume in at least three years thanks to low interest rates, but lenders are also now making more money
Despite lingering regional variances, the nation’s existing-home sales increased by 1.9% in October, according to the National Association of Realtors. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums, and co-ops – rose to a seasonally adjusted annualized rate of 5.46 million. This means sales are 4.6% above October 2018’s rate. “Historically-low
Havertys designers will now be able to convert customers’ two-deminsional images into 3D renderings thanks to roOomy’s technology. Read More
Existing-home sales grew 1.9 percent in October, according to the latest data by the National Association of Realtors released Thursday. Read More
Porch’s proprietary repair estimate report app is now available via the Keller Cloud marketplace. Read More
This week, the average U.S. fixed rate for a 30-year mortgage fell to 3.66%. That’s 9 basis points above last week’s 3.75% and more than a percentage point below the 4.81% of the year-earlier week, according to the Freddie Mac Primary Mortgage Market Survey. “The housing market continues to steadily gain momentum with rising homebuyer demand and
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial