Monthly Archives: July 2024

Zavvie’s power buyer suite for mortgage lenders is catching on

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More than 7,500 loan officers in all 50 states and Washington, D.C., have access to cash offers that can be approved in as little as an hour, with NEO Home Loans and American Financial Network among the biggest partners. Continue reading →

HUD: Appraisal that erased $220K in home value was discriminatory

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Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act. Rocket says it expects to prevail. Continue reading →

Engel & Völkers expands brand with new Portland, Oregon, office

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Engel & Völkers has entered the Portland, Oregon, market with the opening of its new location, Engel & Völkers Portland Rose City, the firm announced today. Continue reading →

President Biden’s 5% rent cap falls flat with industry leaders

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President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters. Continue reading →

Elevated mortgage rates drive homebuilder confidence downward

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Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading →

RealScout inks enterprise deal with Sotheby’s International Realty

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Nine months after signing an enterprise deal with Anywhere, California-based proptech leader RealScout has extended its reach to include Sotheby’s International Realty’s company-owned locations. Agents at SIR’s company-owned locations will have full ac… Continue reading →

Mortgage ‘knowledge gaps’ may be thwarting would-be homebuyers

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3 in 4 Americans are planning to buy the next time they move, but many are overestimating minimum down payment, credit score underwriting requirements, according to a new Fannie Mae study. Continue reading →

Consumer watchdog develops new standard to assess buyer contracts

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After brokerages and MLSs reached out, the Consumer Federation of America created criteria focused on whether agreements are readable, understandable, and fair to buyers. Continue reading →

From teen mom to luxury broker, Sharelle Rosado hustled to the top

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Sharelle Rosado’s grit and determination helped her rise up from humble beginnings to become one of Tampa’s top agents. “If you dream something, no matter how big it is, go for it,” the broker said. Continue reading →