“We’re in a significant shortage,” said Mark Fleming, chief economist at First American Financial Corp., in a conversation with National Mortgage Professional. “There is more inventory out there today than last year, but it is still not enough inventory.”NMP Ignite speakers share strategies for building lasting investor relationships, overcoming financing challenges, and generating repeat business
Real estate investors can be some of the most valuable clients an originator will ever work with. They buy repeatedly, refinance properties, build portfolios, and refer other investors. But earning their loyalty requires a different approach from traditional residential lend...
NAR finds nearly one-third of repeat buyers pay cash, narrowing the pool of financed purchase transactions for lenders
First-time homebuyers remain largely on the sidelines of the housing market, accounting for just 22% of purchases as older, equity-rich repeat buyers continue to dominate, according to new data from the National Association of Realtors (NAR).The first-time buyer share edged ...
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