Industry news from Rocktop Technologies, Land Gorilla, Argyle, CloudVirga, A&D Mortgage, Atlas Merchant Capital, Imperial Fund, Optimal Blue and Insellerate.
Category: News and Trends
Redfin: U.S. Housing Market Seeing Many More Sellers Than Buyers
Redfin, Seattle, reported there are currently 34% more sellers in the market than buyers, the highest gap in data going back to 2013.
BofA: 60% of Homeowners, Prospective Buyers Uncertain About Housing Market
Uncertainty among current homeowners and prospective buyers has reached a three-year high, with 60% unsure whether now is a good time to buy a home, compared to 48% two years ago, Bank of America reported.
Peak Homebody Era is Pummeling the Housing Market
There is a strong relationship between the median length of time people stay in their home and sales activity, First American’s Odeta Kushi writes.
Industry Briefs, May 30, 2025
Industry news from Rocktop Technologies, Land Gorilla, Argyle, CloudVirga, A&D Mortgage, Atlas Merchant Capital, Imperial Fund, Optimal Blue and Insellerate.
Quote of the Day
“A majority of buyers feel the market is headed in the right direction, but many are still planning to wait for more favorable conditions before they decide to take action.”
–Bank of America Head of Consumer Lending Matt Vernon
Pending Home Sales Decline in April
Pending home sales plunged 6.3% in April, the National Association of Realtors reported Thursday.
Mortgage Application Payments Increase in April
Homebuyer affordability declined slightly in April, with the national median payment applied for by purchase applicants increasing to $2,186 from $2,173 in March.
Upcoming School of Loan Origination Courses
MBA Education’s School of Loan Origination (SOLO) is a live, instructor-guided online course designed to provide an in-depth working knowledge of how to originate residential mortgage loans.
Bob Broeksmit Discusses the House VA Partial Claims Bill, House Reconciliation Package
In a new video, MBA President and CEO Bob Broeksmit, CMB, discusses two huge MBA advocacy wins before the long Memorial Day Weekend.