Author name: Ricky Vasquez

Christie’s affiliate adds five top agents in Northern California

Christie’s International Real Estate Sereno, the largest locally owned and operated independent real estate brokerage in Northern California, is continuing its growth with the addition of five top-producing agents — formerly with Intero Real Estate Services — to its South Santa Clara County operation.  Joining the firm’s Morgan Hill, California, office are Karen Nelsen, Stephanie Nelsen-Alanis, Patty Filice, Christina […]

Christie’s affiliate adds five top agents in Northern California Read More »

Home prices are still climbing, but the pace is slowing

Home prices continue to outpace last year, but at a pace that’s slowing down. The S&P CoreLogic Case-Shiller Home Price Index for April rose 2.7% year over year, a deceleration from 3.37% in March, 3.9% in February and 4.1% in January. It’s the first data for the Case-Shiller that includes the period after President Donald

Home prices are still climbing, but the pace is slowing Read More »

Volly’s new tech tool aims to improve collaboration between lenders, agents

Williston Financial Group (WFG) announced the release of a new digital tool through subsidiary Volly that aims to enhance collaboration between mortgage loan officers and real estate agents. The new feature, known as Volly Network Connections, is part of the company’s broader marketing suite and offers loan officers real-time notifications about partner real estate listings.

Volly’s new tech tool aims to improve collaboration between lenders, agents Read More »

Does Zillow’s policy really restrict Compass’s business?

While the more attention-grabbing parts of Compass’s complaint in its suit against Zillow included late night calls between Robert Reffkin and “co-conspirator” Redfin CEO Glenn Kelman, and a tense meeting with Zillow executives, the complaint also detailed the business impacts Compass is feeling as a result of Zillow’s policy.  In the complaint, Compass claims that

Does Zillow’s policy really restrict Compass’s business? Read More »

CFPB cuts short monitoring of BofA mortgage practices

The Consumer Financial Protection Bureau (CFPB) cut short a five-year agreement with Bank of America over the bank’s alleged submissions of false mortgage data. The agreement was supposed to be in place through at least November 2028. In a filing made public Monday, the CFPB said the bank “fulfilled the obligations” of the agreement signed in November 2023,

CFPB cuts short monitoring of BofA mortgage practices Read More »

Jerome Powell says the Fed isn’t budging on interest rates

The Federal Reserve has come under renewed fire from the Trump administration in recent weeks as the president and key housing officials battle with Chair Jerome Powell over the direction of interest rates. On Tuesday, while speaking to members of the House Financial Services Committee, Powell was resolute that the central bank will continue its

Jerome Powell says the Fed isn’t budging on interest rates Read More »

Four charts that perfectly illustrate the housing affordability crisis

Look at all the variables at play in the housing market and it’s hard not to feel pessimistic about the affordability crisis. Mortgage payments continue to increase thanks to high mortgage rates, home insurance premiums are on the rise in markets vulnerable to natural disasters and the rent is still too dang high for renters

Four charts that perfectly illustrate the housing affordability crisis Read More »

Rocket introduces buy-before-you-sell bridge financing

Rocket Mortgage unveiled a new equity-backed financing product aimed at giving homebuyers an advantage when vying for homes in competitive markets. The Detroit-based lender’s new bridge loan offers prospective buyers the opportunity to draw into their accrued equity to put down an offer on a new purchase while still living in their existing property. Borrowers

Rocket introduces buy-before-you-sell bridge financing Read More »