Optimal Blue announces new CFO and CRO
Optimal Blue promotes Lanny Rogers III to chief financial officer and Jeremy Moreno to chief revenue officer, signaling strategic growth.
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Glut of new supply drags down BTR and multifamily rental rates in the Sun Belt
Rents for multifamily and built-to-rent homes declined in Sunbelt markets amid new supply, but Midwest and Northeast cities saw growth. National occupancy remained steady.
NRMLA speaks out on the future of federal reverse mortgage programs
After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions.
House committee is set to review Senate-approved housing bill
The ROAD to Housing Act was not included in the NDAA, but bipartisan support remains strong. The House will review the bill later this month.
December housing demand near 3-year high as spreads improve
Mortgage purchase applications hit a three-year high as improved spreads and lower rates drive 18 weeks of growth.
Kansas City sellers reduce listing prices as inventory grows faster than buyer demand
Kansas City housing market sees sellers cut prices on 45% of listings as inventory reached 4,723 and supply hit 2.3 months.
Limited inventory and price cuts shape Cincinnati’s housing market
Cincinnati’s median price hit $359,900 with 2.3 months of supply and 41.8% of homes reducing prices to drive sales.
Nashville housing market balances as inventory and price cuts rise
Nashville’s 3.4-month supply and 39.1% price-cut rate signal a neutral market with rising inventory and steady prices.
Price reductions surge in Charlotte, but median list price remains firm
Charlotte’s $475K median list price holds as 53.3% of homes reduce prices and inventory remains tight for this North Carolina housing market.
Atlanta housing supply grows, price reductions outpace U.S. average
Atlanta’s housing market enters December with 3.4 months supply and 39.9% of sellers reducing prices. See how it compares to national trends.