Fannie Mae Forecasts Stronger Q1 GDP Growth Following Bank Failures
According to Fannie Mae's Economic and Strategic Research Group, experts project the gradual tightening in credit conditions due to recent bank turmoil will contribute to a modest recession beginning in [...]
Is It Time for Servicers to Join the Digital Revolution?
While lenders have been adding eSign capabilities to all stages of the origination process for years, implementing eSign and RON technology into the loss mitigation process would be a completely [...]
Atlanta Ranked the Most Desired City by Renters Nationwide
As the spring season brings out more renters looking for apartments, a new report from RentCafe revealed Atlanta leads as the most in-demand city, while popular metros like Denver and [...]
Homebuyers Experience Less Competition as Home Prices Slide
"Compared to last year, there's a lot to like about this housing market, including lower prices and less competition for available listings," said Nick Bailey, RE/MAX President and CEO. "Although [...]
Nearly $17B Reportedly Lost Annually From Severe Storms
CoreLogic’s latest analysis of straight-line winds, tornadoes, hail, and severe thunderstorms has found that storms in 2022 accounted for an average annual loss of more than $17 billion, with hail [...]
Home Investor Profits Take a Hit in March
A new analysis from Redfin has found that investors are selling homes nationwide at a loss, as elevated mortgage rates have curtailed homebuyer demand. Source: DS News
YoY Single-Family Rent Growth Cooled in February
Single-family rent price growth dropped 5% in February, according to a new CoreLogic report, with new data showing that many renters are seeking more affordable areas. Source: DS News
Existing-Home Sales Retreated in March
According to a new report from the National Association of Realtors, home sales declined an overall 22% from a year ago, while the inventory of unsold existing homes rose 1% [...]
More Than 200,000 Forced to Move Due to Eviction or Foreclosure in 2022
A new study has found that eviction/foreclosure-related moves rose 56% from 2021 to 2022, led by California, Florida, and Massachusetts which reported the highest increase in moves following evictions/foreclosures. Source: [...]