Levin Johnston, a part of Marcus & Millichap, Calabasas, Calif., announced it has closed the sale of a retail building in Berkeley, Calif., for $12.7 million.
Category: News and Trends
Typical Homeowner Stays in House for 11.8 Years, Redfin Reports
Redfin, Seattle, released a new report finding that the typical U.S. homeowner stays in their home for 11.8 years.
ATTOM: Foreclosure Activity Rises in February From January
ATTOM, Irvine, Calif., released its February 2025 U.S. Foreclosure Market Report, showing there were a total of 32,383 U.S. properties with foreclosure filings. That’s up 5% from January but down 1.7% year-over-year.
Quote of the Day
“New home purchase activity strengthened in February, in line with seasonal patterns, as higher housing inventory and declining rates supported growth.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
MBA: February New Home Purchase Mortgage Applications Decreased 6.9%
The Mortgage Bankers Association Builder Application Survey (BAS) data for February 2025 shows mortgage applications for new home purchases decreased 6.9% compared from a year ago.
March 20–Town Hall with MBA Leadership: The New Administration’s First 100 Days
About the Event Please join MBA leadership March 20, 2025 from 3:00 PM-3:30 PM ET for the third webinar in a series covering the first 100 days of the Trump …
Optimal Blue: February Sees Surge in Rate-and-Term Refinances
Optimal Blue, Plano, Texas, recorded a 7% month-over-month increase in mortgage lock volume in February, largely driven by strong refinance activity.
mPower presents Reframing Beliefs: Eliminating Limiting Mindsets and Building Confidence–April 1
This webinar explores the limiting beliefs women commonly face in their professional lives—such as feelings of inadequacy, fear of taking risks, or the pressure to “do it all”—and their profound impact on career growth.
Rob Chrane: Are We Undercounting First-Time Homebuyers? Why Counting Methodology Matters
First-time homebuyers are the foundation of a lender’s long-term success, writes Down Payment Resource’s Rob Chrane. But how many first-time buyers are actually entering the market? And are lenders misjudging their presence based on the data they rely on?
Michael Berman: How to Identify and Address Fair Lending Red Flags
Regardless of the administration or regulatory environment, all lenders should strive to avoid fair lending risk, says Ncontracts Founder and CEO Michael Berman.