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This new tool helps home sellers compare instant bids from iBuyers

A number of companies – like Offerpad, Opendoor, Zillow and Redfin – have launched iBuyer initiatives that present home sellers with an instant cash offer for their properties. Now, publishing platform zavvie is launching the Offer Optimizer, a tool t...

Real estate agents say housing market is favoring buyers

Real estate agents say many of their buyers are encouraged by an expected surge of supply this spring, and that a number of them are taking a wait-and-see approach rather than hustling to get a deal done. This market shift that puts the control in the han...

[Pulse] What the housing industry needs to know about Facebook's latest moves

Last week, Facebook changed its ad policies to comply with anti-discrimination laws, and the move has broad implications for all of us in consumer finance and housing. But that's just one of three important strategy shifts the social media giant has made ...

iBuyer Offerpad's latest funding round brings total capital raise to nearly $1 billion

Offerpad is on a mission to revolutionize the home-buying and selling process, and now the Arizona-based iBuyer has fistfuls of cash to realize that goal. The company recently announced that it closed a successful round of Series C financing, bringing the...

Declining mortgage rates champion home-buying power, but for how long?

In January 2019, home prices retreated 1.9%, but increased 7% year over year, according to First American's Real House Price Index. First American Chief Economist Mark Fleming said moderating home prices, in conjunction with gains in household income and ...

There are too many big houses on the market, and it's a problem

There are scores of huge homes across the Southern U.S. that are simply sitting on the market, and sellers are settling for massive price cuts in order to move on with their lives. What gives? Blame the Boomers. Hordes of retirees with easy access to cred...

[Pulse] 5 actionable tips on building a personal brand for real estate and mortgage professionals

I got into the mortgage business in 2008, possibly the worst year for the financial markets. I was armed with three people in my sphere of influence and $1,900 in capital. Fast-forward a couple of years, and my company posted an astronomic three-year grow...

Study reveals generational divide in HELOC use

Most of the time, when a homeowner takes out a HELOC, the plan is to use the proceeds to fund home renovations. But a recent survey of 1,003 HELOC or future HELOC borrowers by Citizens Bank revealed that younger borrowers are much more open to using the l...

Freddie Mac: Housing market will regain momentum this spring

Lower than expected mortgage rates and moderating home prices are projected to heat up the spring home-buying season, according to Freddie Mac's March Forecast. Freddie Mac Chief Economist Sam Khater said rising sales demand coupled with more inventory th...

NAR: Monthly existing home sales reach four-year high

In February, existing home sales experienced their largest monthly gain since December 2015, according to the latest report from the National Association of Realtors. NAR Chief Economist Lawrence Yun said a powerful combination of lower mortgage rates, mo...

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