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HousingWireHousingWire Cooler fall temperatures have brought less intense housing market conditions to the once white-hot market of Bergen County, New Jersey. “We are not seeing that same buyer frenzy we were seeing six months ago,” said Audra Fontanella, the broker-owner of Bergen County-based RE/MAX Venture Realtors. “We are seeing some…
Continue reading →HousingWireHousingWire In the newest episode of the Power House podcast, host Clayton Collins chats with Robert Pieklo, chief operating officer of American Financial Resources (AFR), and Adam Carmel, CEO of Polly. They discuss the latest developments in the mortgage market, along with key dynamics and growth strategies for lenders as…
Continue reading →HousingWireHousingWire According to a recent report by Forbes, over half of all real estate investors are now turning to private lenders. With this comes a more crowded marketplace, which means that existing lenders need to consider ways to stand out from the crowd, to survive. The rise of private lending…
Continue reading →HousingWireHousingWire The Federal Reserve cut interest rates earlier this month for the first time in four years. The move came as no surprise to Wall Street given that Fed Chairman Jerome Powell had been hinting a rate cut was on the table. It’s a move that should ease some of…
Continue reading →HousingWireHousingWire Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently. It will likely take mortgage rates to go under 6% and stay there for an extended period to get…
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