Tag Archives: Industry News

Rocket Mortgage wants the world to know it’s in Canada

By Matt Carter | July 13, 2022 - 8:11 pm |July 13, 2022 Uncategorized

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Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans. Continue reading →

RE/MAX’s Motto Mortgage now has 194 offices in 39 states

By Matt Carter | July 12, 2022 - 7:23 pm |July 12, 2022 Uncategorized

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With a new office in Alaska and an expanded presence in South Carolina, Motto Franchising has signed seven new franchisees in 2022. Continue reading →

LoanDepot to shed 4,800 workers in 2022 in bid to return to profitability

By Matt Carter | July 12, 2022 - 5:21 pm |July 12, 2022 Uncategorized

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Lender hopes to cut up to $400 million in annual expenses and become profitable by the end of 2022 after rising mortgage rates gut profitable refinancing business. Continue reading →

Interest rate hikes keep Miami the least affordable city in the nation

By Taylor Anderson | July 12, 2022 - 4:47 pm |July 12, 2022 Uncategorized

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Buyers would have to spend 86 percent of their income to afford the $600,000 median home price, according to new research released Monday from RealtyHop. Continue reading →

Tell us about the most expensive sale of your career: Pulse

By Inman | July 12, 2022 - 4:28 pm |July 12, 2022 Uncategorized

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This week, we want to hear all of the glamorous details about the priciest real estate transaction of your career. Continue reading →

Does a jump in demand fully explain the pandemic housing market?

By Jim Dalrymple II | July 12, 2022 - 9:00 am |July 12, 2022 Uncategorized

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A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading →

UpEquity latest Power Buyer to join zavvie’s solutions marketplace

By Matt Carter | July 11, 2022 - 11:29 pm |July 11, 2022 Uncategorized

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Austin, Texas-based mortgage platform UpEquity has more avenues to partner with real estate brokerages as it looks to expand its footprint to 23 states by the end of the year. Continue reading →

Short-term rental market balancing out after rush of supply

By Taylor Anderson | July 11, 2022 - 11:00 pm |July 11, 2022 Uncategorized

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“Our expectation is that demand will grow at 5.7 percent for the year, about a quarter of the growth rate in 2022,” AirDNA says in its 2022 mid-year outlook. Continue reading →

High profile firm to turn over info on Trump’s real estate deals

By Jim Dalrymple II | July 11, 2022 - 10:31 pm |July 11, 2022 Uncategorized

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Cushman & Wakefield was going to have to pay $10,000 for not complying with subpoenas that are part of an investigation into the Trump Organization. Continue reading →

Q2: Multifamily rent slows in latest sign of rental market cooldown

By Taylor Anderson | July 11, 2022 - 7:45 pm |July 11, 2022 Uncategorized

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Current CoStar report finds ‘a continued downward trend in rent growth,’ as vacancy rates tick upward and rent price growth cools. The Sun Belt and South continue to see the fastest growth. Continue reading →