News

Industry Forecasts Purchase Originations to Increase 9% to Record $1.73 Trillion in 2022

The Mortgage Bankers Association (MBA) recently announced that purchase mortgage originations are expected to grow 9% to a new record of $1.73 trillion in 2022. After an anticipated 14% decline in 2021 to $2.26 trillion, MBA expects refinance originations will...

Builder Confidence High Despite Continued Supply and Affordability Challenges

Builder confidence grew in October despite market challenges such as dwindling affordability due to increasing supply pricing and ongoing shortages. For single-family homes, builder sentiment increased four points to 80, according to the National Association of Home Builders (NAHB)/Wells Fargo...

Zavvie Provides iBuyer and Power Buyer Programs to JBGoodwin

JBGoodwin REALTORS® is introducing “EasyMove by JBGoodwin,” powered by zavvie. Sellers can now choose an instant cash offer from an iBuyer, a buy-before-you-sell option from a Power Buyer or take the traditional route by listing their home on the open...

RE/MAX Offices Partner in Northern Arizona

Two of Northern Arizona’s real estate offices, RE/MAX Fine Properties and RE/MAX Peak Properties, have merged. According to the company, RE/MAX Fine Properties has the highest sales volume per agent in the United States for RE/MAX. Last year the brokerage...

Van Zyl Team Brings Investment Expertise to Florida Coast

Marcia and Albert van Zyl—whose husband-and-wife team, Team van Zyl, works under the banner of Berkshire Hathaway HomeServices (BHHS) Florida Realty—serve buyers and investors along the Fort Lauderdale coastline. It took them a few twists of fate for the magic...

Year-End Outlook: A ‘Tick to Torrent’ of Foreclosures Expected in 2022

Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022.  Despite having a banner year of feverish market activity, the real...

MBA Pledges to Promote Equitable Homeownership With New Campaign

Home for all Pledge is a new commitment to promoting minority homeownership; affordable rental housing; and company diversity, equity and inclusion, from the Mortgage Bankers Association (MBA). The pledge was recently announced by Kristy Fercho, MBA chairman and executive vice...

New FHFA Program Revisions to Promote Housing Sustainability

The Federal Housing Finance Agency (FHFA) recently stated it is expanding eligibility for Fannie and Freddie’s Refinance programs for low- and moderate-income borrowers, as well as restoring the desktop appraisal flexibility. “Expanding eligibility for low- and moderate-income families to refinance...

Zillow Stops Buying Houses – What Does This Mean and Will Other iBuyers Follow Suit?

The supply chain challenges that are straining the housing market are having the same effect on iBuying giant Zillow. The real estate platform announced on Oct. 18 that its home-flipping business, Zillow Offers, will be taking a break from signing...

First-Ever Proptech Franchise Opportunity Creates Ancillary Revenue Stream Through Predictive Behavior Platform

There are thousands of real estate data platforms available to practitioners that assist agents and brokers in simplifying workflows, improving transparency, and attracting and retaining new business. Until now, however, there has not been a consumer-facing platform that accomplishes all...
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