The last week of June is really the peak of the homebuying season. Activity and prices typically start their seasonal decline very closely tied to the transition into the third quarter of the year. This coming week includes the July 4 holiday, which falls on a Wednesday, so the coming data…
Continue reading →Driven by Americans’ desire for affordability, more space and a “slower pace of life,” housing supply in suburbs and exurbs is growing faster than in major cities. That’s the key takeaway from a report released Monday by StorageCafe, an affiliate of real estate data provider Yardi, which analyzed U.S. Census…
Continue reading →Federal Housing Finance Agency (FHFA) Director Sandra Thompson recently announced its conditional approval of Freddie Mac pilot to purchase second mortgages. I’ve personally been an outspoken supporter of this endeavor and I applaud this decision. The Community Home Lenders of America (CHLA) immediately issued a statement of support for this…
Continue reading →Michigan-based ERA Prime Real Estate Group has acquired Southgate, Michigan-based Compass Realty Pro, the company announced on Monday. The financial terms of the deal were not disclosed. According to the announcement, this acquisition will expand ERA Prime Real Estate Group’s market share in southeast Michigan. ERA Prime, which was founded…
Continue reading →97% of consumers search for local businesses online, and 78% of marketers report that digital marketing significantly increases business revenue. If you’re not leveraging digital marketing in today’s mortgage landscape, you’re missing out on a significant opportunity. In our fast-paced, technology-driven world, digital marketing has become an essential competitive advantage…
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