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Compass CEO Reffkin believes agents will still be valued in a post-settlement world
Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In [Read more about this post…]
Compass CEO Reffkin believes agents will still be valued in a post-settlement world
Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In [Read more about this post…]
Surefire CRM error results in 600K errant, unsolicited messages: sources
Because of an apparent error made by staff at ICE Mortgage Technology‘s Surefire customer relationship management (CRM) platform, more than 600,000 emails and texts were [Read more about this post…]
Did lower mortgage rates slow housing inventory growth?
My model for inventory growth with higher mortgage rates came crashing down last week. After two weeks of significant increases, inventory growth slowed dramatically and [Read more about this post…]
Rocket delivers $291M profit amid improved margins and MSR acquisitions
Rocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased investments in artificial [Read more about this post…]
Spring housing market gets more inventory
Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model [Read more about this post…]
Buyers are struggling to compete in the white-hot Cincinnati market
While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a [Read more about this post…]
Finally, some healthy housing inventory growth
Weekly housing inventory data Higher mortgage rates with duration will likely lead to higher inventory, which we have seen repeatedly for the past 10 years. [Read more about this post…]
Loan buybacks haven’t disappeared, but they are trending down
As of third-quarter 2023, the most recent data available, Freddie Mac’s repurchase volume was $384 million, with Fannie Mae’s volume at $382 million. The report [Read more about this post…]
Do housing starts show we’re going into a recession?
In 2022, many recessionary red flags popped up. However, after Nov. 9, 2022, a critical recessionary data line changed as mortgage rates fell, new home [Read more about this post…]
