Return to onsite work motivating one in 10 home sellers to move
New Redfin survey examines reasons for selling in elevated interest rate environment
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CoreLogic: Home prices regain steam in July, but appreciation slowing
Prices set to keep growing, but high rates look to curtail additional price surges moving forward
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Author Showcase: Roger Portela
In Episode 013 of the Scotsman Guide Author Showcase, Carl White interviews Roger Portela of PayNearMe about his article, “Don’t Overlook This Treasure Trove of Data,” in the September 2023 issue of Scotsman Guide Residential Edition. Roger Portela is senior director of product at PayNearMe, where he leads customer-facing product development teams. With more than 25 years […]
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Freddie Mac CEO DeVito to step down early next year
Longtime mortgage industry executive took over helm of government-sponsored enterprise in 2021
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Are monthly mortgage payments above $2,000 the new normal?
Average principal and interest payment hits highest level ever in July
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Vast majority of home seekers — especially young ones — mindful of climate risks
But not enough to move to less risky areas, according to Zillow study
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New York, California have country’s highest average closing costs
Closing costs in those two pricey states are more than $7,500 each
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Optimism Is Essential
Rose-colored glasses aren’t needed if you look at the housing market in this light
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Taking Flight
Expect smaller companies to emerge from the down cycle by using unconventional methods
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Featured Top Originator: Kelly Argall, TruWest Credit Union
Kelly Argall of TruWest Credit Union shares her passion for home equity line of credit loans in this installment of the Featured Top Originator video series. Argall, who placed second in Scotsman Guide’s 2023 Top HELOC Volume rankings and 51st in the Top Refinance Volume rankings, was chosen as September’s Featured Top Originator.
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New Case-Shiller Index data confirms summer home price strength
June marks fifth straight month of increases as home price index climbs near historic high
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Author Showcase: Jay O’Brien, Client Giant
In Episode 011 of the Scotsman Guide Author Showcase, Carl White interviews Jay O’Brien of Client Giant about his article, “In a World of Bots, Be the Human,” in the August 2023 issue of Scotsman Guide Commercial Edition. Jay O’Brien is the co-founder of Client Giant, an automated engagement platform for client care and employee […]
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Recession or soft landing? It may not matter much for housing outlook
Home sales set to ‘remain subdued’ either way, according to Fannie Mae economists
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New home sales grow in July, defying increasing rates
Last month’s sales pace up a whopping 31.5% year over year
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MBA, CBA call for consistency, flexibility regarding AVM regulation
Too much oversight could stifle potential of automated valuation models, groups say
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Existing home sales slide again in July as inventory, rates hold back buyer activity
Since February sales spike, resales have improved just once — slightly — in five months
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Residential investors stay involved as second-quarter market share essentially unchanged
‘No sign that the share will fall back to its pre-pandemic level,’ according to CoreLogic
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Negativity remains subdued, but outlook mixed in latest MOSS results
Less than half of Top Originators expect business to get better in next six months
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Single-family starts grow in July, but rising rates loom as crucial headwind
Weak resale supply fuels 9.5% annual gain in single-family construction
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7% rate threshold looms large over Black Knight’s July rate-lock data
‘No escaping the fact that conforming 30-year-rates topped 7% in July for the first time since they spiked last fall’
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Homes in ‘high-opportunity’ neighborhoods cost 38% more than ‘low-opportunity’ areas
New study from Redfin aims to quantify impact of upward mobility on home prices
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NAR: Nearly 60% of metros see price gains
Median home price still drops as many large metros see declines
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Author Showcase: Chris Moschner, AAG
In Episode 009 of the Scotsman Guide Author Showcase, Carl White interviews Chris Moschner of AAG about his article, “Brighten Their Future,” in the July 2023 issue of Scotsman Guide Residential Edition. Chris Moschner is chief marketing officer at AAG, a division of Finance of America Companies. Moschner joined AAG last year and has spent […]
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New study reveals home price, mortgage rate misconceptions among Americans
Many respondents in the dark about current prices and rates
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Fannie Mae sentiment index inches upward, but homebuyer perception falls to new low
Gains in three components of index offset by ongoing affordability issues
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