Expect the growth rate of existing home prices to cool down this year
I anticipated solid year-over-year home-price growth in today’s existing home sales report, so I’ve tried my best on social media to inform people that we have a low bar in home-price comps for this report and the next one. This is the context for why the home-price growth data was strong, which too
Read MoreAre reverse mortgages for purchase a ‘sleeping giant?’ Pros are split
According to the most recent annual report to Congress by the U.S. Department of Housing and Urban Development (HUD), the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program saw its share of total HECM endorsements in 2023 rise to its highest level since 2019. That’s not saying all tha
Read MoreMortgageball: Making a profit on $10,500 a loan
Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. The promises of the 2018 housing industry aren’t the promises of today. That hot tech thing or product that you had to have in 2018?
Read MoreCommission lawsuits: The actions to take right now from brokers who are doing it
Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. In this engaging panel session, hear directly from top industry leaders as they discuss their strategic responses to the commission l
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