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CoreLogic's annual report shows 3.1% decrease in Q2 2023.
September's HPSI drops to 64.5, with 84% of consumers deeming it an unfavorable time to buy.
High mortgage rates and limited housing supply cited as primary causes; Industry eyes Federal Reserve's upcoming meetings and key economic indicators.
Fannie Mae Survey: 73% of lenders now prioritize operational efficiency through AI and ML, marking a significant shift from 42% in 2018.
NMP Magazine seeks to honor the 2024 Diversity Leaders — the companies and institutions that display exemplary DEI leadership in their company, workforce and communities served.
A summary and review of key economic data that affects the mortgage and real estate business.
Leisure and hospitality sectors lead the surge, but transportation and warehousing see sluggish growth; economists warn of potential impact on lending activity.
Bright MLS study reveals surge in Mid-Atlantic home prices, shrinking inventory, and evolving buyer preferences driven by remote work and governmental policies.
Industry experts praise the decision, foreseeing opportunities for increased affordability and growth in real estate investments.