According to a new report from Redfin, housing markets in tech hubs nationwide are cooling quickly for reasons such as low housing inventory and tech layoffs.
Read More »What Is Driving the Sun Belt Boom?
Cities in the Sun Belt have seen massive growth year-over-year as both median rent payments and median mortgage payments rose by over 20%.
Read More »First Citizens Reaches Agreement With FDIC to Acquire SVB
FDIC turns ownership of Silicon Valley Bridge Bank over to First Citizens Bank & Trust Company in a deal that includes the purchase of approximately $72 billion of Silicon Valley Bridge Bank’s assets at a discount of $16.5 billion.
Read More »Fannie Mae Pushes Back Predicted Recession
Due to stronger economic performance than expected in Q1, Fannie Mae has pushed back the predicted recession to start sometime in the second half of the year.
Read More »Homeownership Rate for Single Women Declines in 2022
For the first time in six years, the trend of female homeownership rates for young, single women declined in 2022, according to a new Zillow report.
Read More »The Week Ahead: Maximizing Vendor Relationships
The Five Star Institute, in partnership with Boston National Title, will present the latest in its Webinar Series, focusing on vendor products, performance, and pricing in a post-pandemic world.
Read More »BSI Financial Services Taps Harold Lewis as President and COO
Former President and COO of Mr. Cooper and C-suite executive tapped to lead the management of all operational aspects for the mortgage servicer.
Read More »Home Flipping Still Profitable; More Popular Too
The number of flips by small and large investors alike hit its highest level in over 15 years.
Read More »Report: Rent Control Crippling Nationwide Housing Supply
A new report from the National Apartment Association revealed more than 70% of housing providers say rent control would reduce investments, shift development or cancel their plans altogether.
Read More »Southwestern Counties Dubbed Safest Places to Live
According to a new report from CoreLogic, Southwestern counties ranked highest in a recent “Safest Place to Live” study, offering homeowners in those areas more protection from some weather-related climate risks.
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