
Redfin: Almost One-Quarter of Young Buyers Used Gift or Inheritance in Down Payment
Redfin, Seattle, released a new study finding that 23.8% of Gen Z or millennials who recently bought a home used some form of family money to help fund their down payment.

MISMO Publishes Updated eVault Standards and SMART Doc Validation Rules
MISMO, the real estate finance industry's standards organization, published revisions to the eVault Standards and SMART Doc Validation Rules. This standard increases interoperability and trust between partners trading eNotes.

Hotel Construction Falls for Sixth Consecutive Month: CoStar
The number of hotel rooms under construction decreased year over year for a sixth consecutive month, according to CoStar, Arlington, Va.