The Fannie Mae February Selling Guide has a series of updates, including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for manufactured homes, and updates to credit references and certain definitions. Following up
Annual home price gains may have reached cycle peak: CoreLogic
U.S. home prices posted their highest yearly rate of appreciation since January 2023, reaching 5.5% year over year in December, according to CoreLogic’s Home Price Index. Home prices declined by 0.1% compared to November 2023. Price appreciation slowed greatly over
‘La Dune’ in the Hamptons fetches record $88M at live Sotheby’s art auction
The late January auction of iconic Hamptons estate ‘La Dune’ marked the first time a property was included in an art auction at Sotheby’s. The $88.48 million winning bid on ‘La Dune’ also made the estate the most valuable property
Thomas Yoon to steer Lead+ Wholesale Lending
California-based lender Summit Funding has appointed Thomas Yoon as the head of subsidiary Lead+ Wholesale Lending, the company announced on Wednesday. In his new position, EQA Mortgage’s former president will strive to bring unmatched support to mortgage brokers who sell
Rithm Capital delivers $524M profit in 2023
New York-based Rithm Capital posted a profit in 2023, a year marked by several acquisitions that turned the company into a leading global asset manager. In the mortgage space, the parent of multichannel lender Newrez earned most of its profits from the servicing
DataDigest: Where for-sale inventory went and when it’s coming back
It’s no secret that 2023 was a difficult year to buy a home. With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already
Consumer sentiment toward housing reaches its highest level in nearly two years
Consumer sentiment toward housing reached its highest level since March 2022, fueled by increased confidence in job security and a higher share of people who expect mortgage rates to decrease. Fannie Mae’s home purchase sentiment index (HPSI) — which tracks
NAR membership continues to slide in 2024
After closing out 2023 with its first annual membership decline since 2012, the National Association of Realtors is still struggling with its membership count. In January, NAR membership dropped 2.5% from the month prior to 1,515,837 members, according to the
Bringing the ‘80s Back to the Future: 9 Modern ‘80s Design Tips from the Pros
Want to infuse your living space with the nostalgic charm of the ‘80s? Delve into the world of modern ‘80s design with insights from seasoned professionals in the field. In this Redfin feature, we unveil expert tips and tricks to
Missouri’s Largest Cities: A Homebuyer’s Guide for 2024
When it comes to Missouri, the state boasts a diverse and captivating landscape that captivates residents with its charm. With rolling hills, serene rivers, and bustling urban centers, Missouri offers an enriching living experience. Whether you’re immersed in the vibrant city
Celebrating Valentine’s Day at Home: 8 Romantic Ideas
The familiar saying goes: “Home is where the heart is.” With that in mind, why venture elsewhere for Valentine’s Day? While some may hustle for dinner reservations and plan costly getaways, you can unwind and savor a romantic evening in
Montana’s Largest Cities: A Homebuyer’s Guide for 2024
When it comes to Montana, there’s no denying the breathtaking natural beauty that surrounds the state. With its wide-open spaces, majestic mountains, and crystal-clear lakes, Montana offers a truly unique and uplifting living experience. Whether you’re in the bustling city of Billings or
9 Things to Do in Fontana, CA in 2024
Nestled in the heart of the Inland Empire, Fontana, CA is a city bursting with energy and excitement. From the thrilling Auto Club Dragway to the serene beauty of the Mary Vagle Nature Center, there’s something for everyone to enjoy
10 Things to Do in Carlsbad, CA in 2024
Nestled along the picturesque coastline of Southern California, Carlsbad, CA is a charming city with a laid-back vibe and plenty of activities to enjoy. From the stunning beaches and world-class golf courses to the famous Flower Fields and Legoland California,
10 Things to Do in Costa Mesa, CA in 2024
Nestled in the heart of Orange County, Costa Mesa, CA is a vibrant and diverse city with a rich cultural scene and an abundance of activities to enjoy. From the renowned South Coast Plaza for shopping enthusiasts to the vibrant
Kentucky’s Largest Cities: A Homebuyer’s Guide for 2024
If there’s one thing residents and visitors can agree on about Kentucky, the warm and welcoming atmosphere permeates the state. With its charming cities like Lexington and Bowling Green, Kentucky offers a unique blend of southern hospitality and modern amenities. The state’s rich history,
Maine’s Biggest Cities: A Homebuyer’s Guide for 2024
When it comes to Maine, there’s no denying the natural beauty that surrounds the state. With its picturesque coastline, charming small towns, and vibrant communities, Maine offers a unique and uplifting living experience. Whether you’re exploring the bustling city of Portland or the
Michigan’s Largest Cities: A Homebuyer’s Guide for 2024
When it comes to Michigan, one cannot overlook the breathtaking landscapes and diverse experiences that define the state. With its Great Lakes shoreline, charming small towns, and lively communities, Michigan provides a distinctive and enriching living environment. Whether you’re immersing yourself
Is It a Good Time to Buy a House or Should I Wait (2024)
If you’re looking to buy a house, you might be wondering if it’s a good time to buy a house or if should you wait. This is a question that many people are asking themselves these days, as the housing
Worst Places to Live in Florida for Families & Retirees in 2023 & 2024
So you’re considering a move to Florida? Well, before you start packing your bags, it’s essential to know which areas you might want to avoid. Whether you’re planning a family life or looking for a relaxed retirement spot, Florida offers
Jackson Housing Market Trends and Forecast for 2024
The Jackson housing market is experiencing a period of change. As we look ahead, the Jackson housing market appears to be in a state of transition. The recent decline in median home prices, coupled with increased market activity, suggests opportunities
Little Rock Housing Market Trends and Forecast for 2024
The Little Rock housing market is currently experiencing a period of change and uncertainty. Home prices have seen a slight decrease compared to the previous year, yet the market remains relatively competitive. Several factors contribute to the present state of
Billings Housing Market Trends and Predictions for 2024
Let’s delve into the Billings housing market trends and forecasts. The Billings housing market has been experiencing strong growth in recent years, and this trend is expected to continue in the coming years. There are a number of factors driving
4 Real Estate Investment Tips You Can Learn from Warren Buffet
Some of the most successful stock investors have based their investing principles on value investing. Investors such as Warren Buffet, Benjamin Graham, and Irving Kahn have used value investing to build vast empires of wealth. Value investing was conceived by