Purchase market shifting to favor buyers
Demand for homes is starting to taper off, and with more sellers coming to the market in recent weeks, this shift could be a positive sign for the buyers who remain. More sellers came to the market during the four weeks ending May 15...
Buyside raises $10M in equity funding, rebrands as Percy
Buyside, a real estate provider of homebuyer intent and seller leads, announced $10 million in equity funding and a name change. Buyside will become Percy, named after the company’s first investor—and the founder’s great uncle—and has…
Companies use housing strategies to attract & retain talent
Walt Disney isn’t the only big-name company trying to turn work into a magic kingdom for employees by building them housing. Across many industries, employers are focusing on addressing housing shortages as a way to attract…
NAHB: High cost of building materials plays a big role in housing prices
An “unexpectedly quick” rise in interest rates, rising home prices and rents, and escalating lumber and material costs have significantly decreased housing affordability conditions, particularly for entry-level buyers…
Single-family rental yields decline in the face of high home prices
Returns on single-family rentals are declining as home prices surge, according to a new Single-Family Rental Market report, which looked at single-family rental yields in 212 U.S. counties with a population of at least 100,000…
Mortgage delinquency rate hits new record low for 2nd consecutive month
The national mortgage delinquency rate fell to 2.80% in April, down four basis points from March to hit a new record low for the second consecutive month, according to Black Knight’s “first look” statistics for the month…
Fannie Mae transfers $733M in mortgage credit risk to insurers
Fannie Mae has transferred $733.3 million of mortgage credit risk to private insurers and reinsurers in its fifth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022, the GSE announced…
Home buyers facing less competition as rates, prices rise
Competition on home offers fell to 60.7% nationwide in April, down from 63.4% a month earlier and 67.4 % a year earlier, as high rates and house prices kept more buyers out of the market. The percentage is the lowest level since…
30% of consumers changed home buying plans this year
About 30% of consumers who planned to buy a home this year changed their minds due to the economy or their personal budgets, including 7% whose credit scores took them out of the running, according to a new consumer survey…
Rents hit 14th straight month of record highs
Rental competition remained “relentless” in April, as the U.S. median rental price hit a new high ($1,827) for the 14th month in a row. Similarly, renters said these higher rents are increasingly cutting into households’ budgets for…
Mortgage-related fraud is on the rise
Overall mortgage-industry fraud has increased during the past one-three years, with consumer fraud accounting for about two-thirds of lender and servicer fraud losses over the last 12 months, according to a new study…
Suburban homes appreciating faster than urban ones
For the first time since the 2008 crisis, homebuyers may have an easier time buying a home in the city than in a suburb, according to a new Zillow® report. Homes in the suburbs are appreciating faster than urban homes since July 2021…
NEXT Voices
NextGen Influence & Pivotal Moments
Video conversations with executive leaders and mortgage social media influencers.
Personal Finance YouTuber & Online Educator
Mortgage TikTok influencer and Loan Officer at NFM Lending
Mortgage TikTok influencer & loan originator at Financial Triangle Inc.
EVP and General Manager at SimpleNexus
Founder of Mortgage Champions; President & CEO at Vermillion Consulting
EXEC SPOTLIGHT
Purchase market shifting to favor buyers
Demand for homes is starting to taper off, and with more sellers coming to the market in recent weeks, this shift could be a positive sign for the buyers who remain. More sellers came to the market during the four weeks ending May 15...
Buyside raises $10M in equity funding, rebrands as Percy
Buyside, a real estate provider of homebuyer intent and seller leads, announced $10 million in equity funding and a name change. Buyside will become Percy, named after the company’s first investor—and the founder’s great uncle—and has…
Companies use housing strategies to attract & retain talent
Walt Disney isn’t the only big-name company trying to turn work into a magic kingdom for employees by building them housing. Across many industries, employers are focusing on addressing housing shortages as a way to attract…
NAHB: High cost of building materials plays a big role in housing prices
An “unexpectedly quick” rise in interest rates, rising home prices and rents, and escalating lumber and material costs have significantly decreased housing affordability conditions, particularly for entry-level buyers…
Single-family rental yields decline in the face of high home prices
Returns on single-family rentals are declining as home prices surge, according to a new Single-Family Rental Market report, which looked at single-family rental yields in 212 U.S. counties with a population of at least 100,000…
Mortgage delinquency rate hits new record low for 2nd consecutive month
The national mortgage delinquency rate fell to 2.80% in April, down four basis points from March to hit a new record low for the second consecutive month, according to Black Knight’s “first look” statistics for the month…
Fannie Mae transfers $733M in mortgage credit risk to insurers
Fannie Mae has transferred $733.3 million of mortgage credit risk to private insurers and reinsurers in its fifth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022, the GSE announced…
Home buyers facing less competition as rates, prices rise
Competition on home offers fell to 60.7% nationwide in April, down from 63.4% a month earlier and 67.4 % a year earlier, as high rates and house prices kept more buyers out of the market. The percentage is the lowest level since…
30% of consumers changed home buying plans this year
About 30% of consumers who planned to buy a home this year changed their minds due to the economy or their personal budgets, including 7% whose credit scores took them out of the running, according to a new consumer survey…
Rents hit 14th straight month of record highs
Rental competition remained “relentless” in April, as the U.S. median rental price hit a new high ($1,827) for the 14th month in a row. Similarly, renters said these higher rents are increasingly cutting into households’ budgets for…
Mortgage-related fraud is on the rise
Overall mortgage-industry fraud has increased during the past one-three years, with consumer fraud accounting for about two-thirds of lender and servicer fraud losses over the last 12 months, according to a new study…
Suburban homes appreciating faster than urban ones
For the first time since the 2008 crisis, homebuyers may have an easier time buying a home in the city than in a suburb, according to a new Zillow® report. Homes in the suburbs are appreciating faster than urban homes since July 2021…
