In an analysis of the top markets for second-home transactions and luxury homes in 2023, the Sunshine State held eight of the 15 top metros on the list, with Manatee County, Broward County, and Sarasota County experiencing the greatest price appreciation year-over-year.
Read More »June Records Record-High Home Price Growth Drop
The latest report from Black Knight did not carry good news as the company’s latest monthly Mortgage Monitor Report covering the month of June found that annual home price growth dropped by nearly two percentage points, the greatest single-month slowdown ...
Read More »Demand for Vacation Homes Returns to Pre-Pandemic Norms
Vacation homes became all the rage early in the pandemic, with demand peaking at 90% above normal levels in March 2021. But today, the apparent demand for second properties or vacation homes has fallen to “normal” levels, or at least to ...
Read More »Refinance Activity Dips Further
Omicron issues, combined with inflation concerns, and Fed tapering are pushing mortgage rates out of reach for those on the fence of obtaining a refinance.
Read More »Mortgage Fraud Risk Rises Significantly in Q2
With a 37.2% national year-over-year increase in mortgage fraud risk in the second quarter of 2021, CoreLogic reports an estimated 0.83%—or one in 120—of all mortgage applications contained fraud.
Read More »Second-Home, Investment Property Demand Jumps in September
Bouncing back after a summer slowdown, the demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July's 40% increase, but still below March's record growth.
Read More »Demand for Vacation Homes Slips, But Market Remains Hot
Forty-nine of the top 50 vacation home markets saw double-digit growth last season according to rate lock and mortgage application data.
Read More »Demand for Second Homes Fell 19% YoY in August
Consumer interest in second homes is expected to remain above pre-pandemic levels for the foreseeable future as remote work becomes a new way of life.
Read More »Black Knight Pays $1.8B for Optimal Blue
Black Knight's CEO said the purchase was designed to add "product, pricing, and eligibility capabilities" to the company's existing product line.
Read More »Optimal Blue’s Competitive Analytics to Help Lenders
Optimal Blue's new innovation enables lenders to gauge performance through visualizations that illustrate market position, compare margins and profitability, and assess the effectiveness of their current pricing strategies.
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