For more than a decade, mortgage technology has been pursuing one overarching goal: speed. Faster applications. Faster disclosures. Faster acceptance. Faster closings. Loan origination systems (LOS) have evolved. APIs replaced fax machines. Automation compressed timelines from weeks to days – or even hours. At first glance, the industry seems transformed. But despite these gains, persistent […]
Today, rental vacancy data stands at 7.2%, while the lowest during COVID was 5.6%. Rent inflation increased during the coronavirus crisis, bringing headline CPI inflation to a high of 6.6% year on year, but currently stands at 2.5%. Since late 2022, I have been convinced that the Federal Reserve really wanted to attack the labor […]
The US housing market is entering spring with improving demand and rising supply, but at the metro level the balance of power is shifting. Weekly pending home sales returned to year-over-year growth of 59,283on from 56,693 in the same week last year. New listings increased to 60,428compared to 53,861 a year ago. Active inventory rose […]
In a call with investors and analysts Tuesday evening, Andy Florance, founder and CEO of CoStar Group, highlighted many of the notable results the Homes.com network has achieved over the past year. One of these achievements was site traffic, with the network recording more than 2.1 billion views and 100 million average unique visitors per […]
“Real estate professionals must move at the speed of the market without sacrificing quality,” said Chris Hadges, head of Canva for Real Estate. “By integrating with Rechat, we enable agents to turn live real estate data into polished, branded marketing materials in minutes. This partnership brings together Rechat’s deep understanding of real estate workflows with […]
So you’ve finally discovered ChatGPT, Claude, or whatever shiny AI toy your nephew told you about. Congratulations! You are officially part of the future of marketing! OK. Not really. Not the way you do it. Here’s a scene that’s been played out way too often lately. Someone types “write me a LinkedIn post about property […]
For years, electronic promissory notes represented a difficult middle ground in mortgage lending. The concept was good, the infrastructure was in place and early adopters showed that the model could work. Yet adoption remained uneven, often hampered by questions about investor acceptance, lender appetite and operational complexity. That hesitation is becoming increasingly difficult to justify. […]
“Affordability is front and center for Americans across the country, who are feeling the pressure of rising housing costs,” said Sarah Brundage, president and CEO of the National Association of Affordable Housing Lenders (NAAHL), said in a statement released ahead of the State of the Union address. “Expanding homeownership is a goal worth championing. But […]
In the lawsuit, which was filed Monday in the United States District Court for the District of ColumbiaCfA alleges that FHFA failed to respond to its request for expedited processing within the statutory deadline of FOIA. The group claims that the agency’s lack of response is entitled to judicial relief and asks the court to […]
Houlihan Lawrence is strengthening its presence in Yonkers, New York, with the addition of eight new agents, according to an announcement on Tuesday. Among these additions is the Vision Alliance Teamled by Rahhim and Tara Shillingford. Rahhim Shillingford is the former head broker of Vision Alliance Real Estate in the Bronx. This is the first […]