Tag Archives: Banking & Lending

Zombie foreclosures post 1st increase since moratorium’s end

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The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading →

How are your clients funding their purchases? Pulse

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This week, we’re wondering: How are your clients funding their purchases, especially in the face of higher home prices and interest rates? Continue reading →

9 resources that’ll make you look smarter about the economy

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Want to get a better grip on the big picture elements that affect your business and personal finances? Here are nine ways to easily stay informed every day. Continue reading →

What’s next after housing cools down? This economist has an idea

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Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect Now. Continue reading →

Black homeownership hasn’t slipped, but vast gulf persists

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In the first quarter of 2022, just under 45 percent of Black families owned their home, compared to 74 percent of white families, according to a Redfin analysis of U.S. Census Bureau data released Tuesday. Continue reading →

Lumber prices seesaw lower, and some homebuilders aren’t happy

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The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home. Continue reading →

How to help a homebuyer sweeten an offer — without going too far

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Contingency clauses are there to protect buyers and shouldn’t be dropped lightly. Here’s how agents can help advise clients navigating the tricky situations that offer-sweeteners can create. Continue reading →

Financial tech giant strikes deal to acquire Black Knight

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Intercontinental Exchange has agreed to acquire Black Knight, a mortgage-industry service provider, at a valuation of $13.1 billion, it was announced Wednesday. Continue reading →

Is now a good time to buy a home? Agents confront mortgage riddle

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Buyers have watched mortgage rates shoot from 3 percent to 5 percent this year alone, and that common refrain — “Is it really the best time to buy?” — is always top of mind for clients, agents told Inman. Continue reading →

Venture fund for nation’s biggest MLS will eye agent-friendly startups

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With its venture capital firm — the first-ever created by a multiple listing service — CRMLS will focus only on early-stage companies improving the broker and agent experience. Continue reading →