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Earnings Outlook: Homebuilder CFOs battle inflated material, labor costs | CFO Dive

BrokerOwner.net September 9, 2022

Revenue from home sales surged by 33% for the company during the second quarter to reach $8 billion, compared to the $6 billion seen in the second …

Real Estate – The Commentator

BrokerOwner.net September 9, 2022

This has caused almost 5% of New York City apartments to be vacant. New York City’s median sale prices for homes have risen dramatically despite Covid …

Private-label MBS market facing strong headwinds

BrokerOwner.net September 8, 2022

The pace of mortgage-backed securities (MBS) issuance in the nonagency market slowed considerably in July and August as rising interest rates and Federal Reserve MBS-purchase policy have combined to dampen the momentum exhibited in the private-label space in 2021 and over the first half of this year. In July and August of

Who will survive the fintech winter of 2022?

BrokerOwner.net September 8, 2022

As a financial technologist specializing in mortgage since long before “fintech” was a thing, I appreciate how tough market cycles force us to focus. For some individuals and companies, this is your first mortgage down cycle. For others, it’s just a new chapter in your journey. But one thing is

Banking trade group “strongly” opposes nonbank membership in FHLB system

BrokerOwner.net September 8, 2022

An influential banking trade group this week argued that the Federal Housing Finance Administration (FHFA) should not permit nonbank lenders and real estate investment trusts to become members of the $1 trillion Federal Home Loan Bank system. In a statement issued Tuesday, Rebecca Romero Rainey, president of the Independent Community

Opinion: How marketing automation saved on LO’s business

BrokerOwner.net September 8, 2022

People who invest in technology often ask the question: is this a “nice to have,” or a “need to have?” Few have the resources to invest in technologies they don’t need. Often, this analysis comes down to the worst case scenario. “What’s the worst that can happen if we don’t

Americans are deeply pessimistic about the housing market

BrokerOwner.net September 8, 2022

Home prices have started to drop, but the decline has not been significant enough to slow a growing pessimism about the housing market. Fannie Mae’s Home Purchase Sentiment Index (HPSI), which tracks the housing market and consumer confidence to sell or buy a home, dropped by 0.8 points in August

Experience everything Scottsdale has to offer at HousingWire Annual Oct. 3-5

BrokerOwner.net September 8, 2022

We are so excited to connect with you all in just a few short weeks. HousingWire Annual will be hosted in Scottsdale, A.Z, Oct. 3-5 at the Fairmont Princess Resort. The beautiful resort features several picturesque pools, delicious restaurants and bars, easy access to outdoor activities like golf and relaxing

Real estate: When to fill out a Seller’s Disclosure Statement – Macomb Daily

BrokerOwner.net September 8, 2022

A: I’m glad you are asking this question before you put your mom’s home up for sale instead of after and possibly putting yourself and the estate …

Homeowners lose wealth as rising interest rates weigh on home values – CNBC

BrokerOwner.net September 8, 2022

Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools. Sales …

Real Estate Update: Spike in Condo Sales Suggests More Choices for Entry-Level Buyers

BrokerOwner.net September 8, 2022

There were 3566 home closings reported for the month of August according to figures provided by Greater Nashville REALTORSÒ.

A record year for luxury property sales in the Greek market – PR Newswire

BrokerOwner.net September 8, 2022

PRNewswire/ — So far 2022 seems to be the Greek luxury real estate market’s best year thanks to record-breaking transactions taking place both in …

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