Real estate
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Compass adds a high-profile team to its New York City roster
Compass is already one of the largest real estate firms in New York City – and it’s only gotten bigger.…
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No “horror stories” from officers during the first weekend of changes to the NAR settlements
The milestone date of August 17, 2024 has passed, and the real estate industry is still moving along despite the…
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Why Montana is promoting its state-run reverse mortgage program more heavily
The state of Montana has been more heavily promoting its state-based Reverse Annuity Mortgage (RAM) program for seniors. Unused funds…
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The Fed needs a housing comeback
One important data line The path to a recession is marked by the loss of workers in the housing construction…
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Investors bought one in six homes sold in the second quarter of 2024: Redfin
While the US housing market may have slowed in the second quarter of the year, investors did not take their…
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The reverse mortgage rate month: August 2024
As discussed in previous reverse mortgage rate updates, the federally insured Home Equity Conversion Mortgage (HECM) is the dominant reverse…
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Lower mortgage rates slow inventory growth
Have lower mortgage rates already started slowing the housing supply? I have a simple weekly growth model with the Alts…
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Data shows that there are more refi applications. But LOs aren’t seeing a wave of turnover
As mortgage rates recorded their sharpest decline of the year last week after a disappointing jobs report, data showed demand…
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In his policy speech, Harris calls for a $25,000 tax break for first-time homebuyers
Vice President Kamala Harris, the Democratic nominee for the 2024 presidential election, included initiatives to address rising housing costs in…
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Compass continues its M&A efforts with the addition of the Austin team
Compass CEO Robert Reffkin wants to reach a 30% market share in 30 major US cities. A new addition will…
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