The answer, according to Kushi, lies in six forces shaping the outlook: affordability, demographic demand, regional divergence, local tension, rising inventory and the continued benefit to new housing. Affordability and demographics Mortgage rates are expected to remain in the low 6% range next year, according to a report published this week by First American Data […]
Unlike standard search filters, the system responds dynamically to comments or follow-up questions. For example, a home buyer may comment that a kitchen “needs to be more modern” or adjust criteria after the AI suggests broadening the search area. “We always knew that a search can feel like looking for a needle in a haystack,” […]
“Military members have made sacrifices to protect our home,” said Bill Banfield, Chief Business Officer at Rocket. “VA loans are one of the most powerful benefits available to veterans and service members, opening doors to homeownership with no down payment, no monthly mortgage insurance and flexible credit requirements. “This is an excellent time for veterans […]
We’ve all heard the refrain: it has never been more difficult to buy your first home. The story almost always returns to two usual suspects: mortgage rates and home prices. While rates and prices are undeniably visible and powerful levers, they are not the whole story. For industry insiders, the challenge (and opportunity) lies in […]
The founders said Klipster aims to replace the many tools that agents and buyers typically use during the home search process – characterizing it as “bringing the TikTok consequences for real estate.” “Consumers can buy everything from sneakers to sofas in seconds on TikTok Shop and Instagram, so why should real estate feel stuck in […]
On a median-priced home of $405,000, that amounts to an additional $7,300 to $17,415. These outbids often include cash transactions, waived contingencies and faster closings. ‘There are several reasons why an investor might pay more than market value’ Malone wrote. “It could be a tactic to close on a house quickly, or it could be […]
“On the Southeast Side, we are expanding our footprint into some of the fastest-growing markets in the U.S. We will be in 17 of the top 20 fastest-growing major metros in the country, and specifically in the emerging retail banking markets of Texas and California,” he added. “In Texas, it’s going to allow us to […]