The reliability of Automated Valuation Models (AVMs) has been thrust into the spotlight in recent weeks, following groundbreaking changes in the way these models are now being tested. The implications for home equity lenders, who rely heavily on AVMs to determine property values, could be far-reaching, especially as the industry grapples with new regulatory questions […]
In a narrow 48-47 vote, the U.S. Senate confirmed economist Stephen Miran to the Federal Reserve Board of Governors on Monday evening ahead of a highly anticipated FOMC meeting. Miran, chairman of the White House Council of Economic Advisers, was approved by the Senate Banking Committee last week with all Republicans voting in favor and
Stephen Miran confirmed as Fed governor ahead of FOMC meeting Read More »
A federal appeals court on Monday evening denied a last-minute attempt by President Trump to block Federal Reserve Governor Lisa Cook from participating in the Federal Open Market Committee (FOMC) meeting this week. The U.S. Court of Appeals for the District of Columbia Circuit‘s decision upheld federal Judge Jia Cobb’s order last week that blocked
Court rules against Trump, allowing Fed Governor Lisa Cook to vote on rate cuts Read More »
While it is increasingly likely the Fannie Mae and Freddie Mac conservatorships are nearing some sort of end, the question is whether their conforming product boxes will be expanded as a result. The demand for products that address unique borrower needs isn’t going away anytime soon. In recent weeks, lenders have introduced a wide range
From crypto to DPA: 8 newest mortgage products, programs Read More »
Key insight: A federal appeals court denied the Trump administration’s effort to remove Federal Reserve Gov. Lisa Cook from the central bank’s board of governors. Expert quote: “Here, the plain purpose of providing for-cause protection was to assure members of the Board of Governors — and national and global markets — that they do not
Appeals court rejects Trump’s bid to remove Cook from Fed Read More »
Forward look: Miran is expected to take part in the Fed’s rate setting committee meeting. Key insight: Miran breaks years of precedent by becoming the first Fed official to also retain his White House position. What’s at stake: The Fed will decide this week whether to cut interest rates, and Miran will likely be a
Stephen Miran confirmed to Fed board Read More »
New construction drives market with $2.29 million average price tag as future builds signal even higher luxury premiums Miami’s real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city’s luxury segment is driving much of
Miami luxury home prices soar to $1.13 million, nearly triple national average Read More »
The North Carolina housing market delivers significant value for homebuyers. Current data shows 62,710 active listings with an average home price of $519,908. This represents a 19.7% discount compared to the national average of $647,307. The Tar Heel State provides abundant options for first-time buyers, with more than one-third of all listings priced below $300,000.
North Carolina housing market offers 20% price advantage over national average Read More »
Want to close more deals? Then you can’t rely solely on your sphere of influence and networking to meet new clients and build your pipeline. Our team of experienced real estate agents reviewed the top real estate lead generation companies to help you get more real estate leads. These lead gen companies find qualified real
The 9 top real estate lead generation companies for 2025 Read More »
Amazon has reached a milestone of 10,000 affordable housing units funded in Seattle’s Puget Sound region, part of the $2 billion Housing Equity Fund the online retail giant launched in 2021. The announcement coincides with the opening of Connection Angle Lake — a 130-unit development from Mercy Housing built with the help of a $17
Amazon-backed affordable housing hits Seattle milestone Read More »