Volumes

DS News speaks with representatives of Chase Home Lending, Fannie Mae, U.S. Bank, and more about last year’s victories and how they’re facing the recessionary economic challenges of 2023.

Adel Issa of Carrington Mortgage Services explains how quality mortgage servicing is critical as the housing market shifts.

Declines in pending home sales were found by Redfin in pandemic homebuying hotspots of Las Vegas, Phoenix, and Austin, with each city reporting that pending sales plummeting more than 50%.

After more than a decade of overheated growth, the rapid increase in mortgage rates helped stall progress in the U.S. housing market in 2022.

Redfin reports that the luxury and investment home market has slid 38.1% year-over-year, due to lingering inflationary concerns, high interest rates, and fears of a recession.

Chief Economist Mark Fleming of First American states that “given the large loss of affordability buyers experienced this year, a possible improvement next year will be a welcome relief for potential buyers.”

Rachel Richardson of Rent. discusses why it’s critical to make it easier for renters to find what they’re looking for in today’s competitive marketplace.

CoreLogic reports that the Miami metro region continued to lead the nation in rent price growth in October, posting nearly double the national increase.

Wendy Lee of Sagent explains how to properly refine talent during this tough 2022-23 mortgage cycle.

Jim Albertelli of Voxtur explains four ways the industry can collectively drive innovation and change during these leaner times.