Midwest housing markets defy national days on market trends
Midwest housing markets are demonstrating remarkable resilience against the national trend of extended Days on Market.
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Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’
Lutnick appeared on CNBC to offer comments about the plans and said the offering “could potentially be the largest IPO in history.”
Foreclosure filings rise 18% year over year in August
Lenders started foreclosure proceedings on 24,254 properties in August, a slight decrease from July but up 17% from last year.
Home equity levels remain high even as price appreciation has cooled
Cotality’s home equity report for the second quarter of 2025 shows the average U.S. homeowner with a mortgage has $307,000 in equity.
Investor home purchases hit lowest second-quarter level since 2020
The decline comes as investors face the same pressures as individual buyers; high borrowing costs, elevated prices and economic uncertainty.
Non-QM lender Griffin Funding unveils AI-driven underwriting platform
The tool pulls hundreds of pages of program guidelines into a single system and uses AI to deliver answers to loan qualification questions.
Baltimore’s push against vacant housing shows positive results
Vacancy notices have fell from 16,000 in 2020 to about 12,600 in 2025 — a 21% decrease, according to Urban Institute.
Texas bill targets deed fraud, but expert points to online loopholes
Senate Bill 15 would require clerks to ask for identification when property transactions are filed in person.
Opendoor hires Kaz Nejatian as new CEO
Opendoor Technologies announced Wednesday that it has named Kaz Nejatian, the former chief operating officer of Shopify, as its new CEO.
Optimal Blue: Rate-and-term refis soar 70% in August
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report.