New home demand swoons even as sales prices hit a 5-year low
As new orders weakened in July, the median sales price of a new home fell to $393,800, the lowest level recorded since July 2021
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Why 45 homebuilding markets may not beat six high density ones
This analysis separates corporate scale, operating density, and production scale in costs, cycle time, and predictability
Veterans United promotes Jeremyah Grigery to CMO
The move comes as the lender looks to expand education around VA home loan benefits
Real REMAX Group closes merger, REAX begins trading Aug. 25
Combined platform cites 180,000 agents in 120 countries and territories, including 100,000 in the U.S. and Canada.
Op-ed calls for stronger means testing, service limitations for Social Security, Medicare
Washington Post outlines a plan to control costs without significant program cuts
HECM broker endorsements continue tepid pace in May
Atlantic Avenue remained at No. 1 despite declining endorsement activity during the month
Unlock reaches deal with Minnesota AG after home equity agreements were labeled illegal
Minnesota AG secures nearly $1M in relief; Unlock is no longer offering HEAs there
Florida’s Space Coast housing market enters a new normal
Active inventory is 20.7% from a year ago, but that scarcity has not translated into broad pricing power for sellers
NEXA Lending acquires UMortgage, adds Anthony Casa to exec team
NEXA will add UMortgage’s team of 246 loan officers that originated $2.05B over the past 12 months
What can the government do to lower mortgage rates?
They have levers to pull, but not before some issues get resolved