Altos: Housing inventory could grow 40% this year

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The suspicion was that there were a bunch of sellers who were waiting to sell:
Read MoreColdwell Banker Warburg welcomes two real estate veterans

Broker Kathy Kaye and agent Lorraine Baker joined Coldwell Banker Warburg, a New York City-based real estate brokerage, the company announced last week.Before joining Coldwell Banker, Kaye was affiliated with Compass for about five years, while Baker came from Douglas Elliman, where she worked for t
Read MoreMarc King out, Mark Willis in at KW

Keller Williams announced major changes to its C-Suite on Monday. Marc King has stepped down as the president of Keller Williams, effective immediately. Mark Willis who was named CEO of Keller Williams in November, is now also serving as the firm’s president. According to the annoucment, King, who h
Read MoreReverse mortgage professionals react to resignation of HUD Secretary Fudge

Members of the reverse mortgage industry were surprised to learn that U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge announced on Monday that she would be resigning from her post effective March 22. HUD deputy secretary Adrianne Todman will serve as acting HUD secretar
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