Guild Mortgage, San Diego, increased its Southwest presence with acquisition of Legacy Mortgage, an independent New Mexico-based lender.
Tag: Redfin
Homebuyers See Relief from Prices, Monthly Payments
Redfin, Seattle, said homebuyers in many markets are starting to see relief from home prices and monthly payments.
Industry Briefs Jan. 31, 2023: Revolution Mortgage Partners with Silverwork Solutions
Silverwork Solutions, Chicago, a developer of digital workforce BOTs, announced a partnership with Revolution Mortgage, Columbus, Ohio.
Industry Briefs, Jan. 18, 2023: Inflation’s Impact on Small Businesses
Biz2Credit, New York, announced findings of its Small Business Inflation Study that analyzed the revenues and expenditures of more than 140,000 U.S. small businesses from January 2019 to October 2022.
Rent Growth Slows 7th Straight Month
Redfin, Seattle, reported the median U.S. asking rent rose by just 4.8% year over year to $1,979 in December—the smallest increase since July 2021. Despite the slowing, the report said rents grew at more than three times that pace one year earlier.
Record Share of Home Sellers Offer Concessions to Buyers
The housing market’s about-face from a sellers’ market to a buyers’ market played out in stark fashion in the fourth quarter, with a record share of home buyers asking for—and receiving concessions in home sales, said Redfin, Seattle.
Housing Market Roundup: Luxury Home Sales Plummet; Buyers Get Some Leverage Back
Here’s a summary of housing market reports that came across the MBA NewsLink desk over the holidays:
Industry Briefs Dec. 22, 2022: Guild Mortgage Launches Payment Advantage Program
Guild Mortgage, San Diego, introduced Payment Advantage, a new conventional loan program to help homebuyers save on their payments as rates continue to rise.
Industry Briefs Dec. 6, 2022: Redfin Adds Zoning Data for More Than 70 Million Homes
Through a partnership with Zoneomics, Redfin provides users with a detailed view that educates them on implications of their local zoning guidelines for nearly any home in the U.S. and Canada.
Home Delistings Hit Record High in November as Buyers, Sellers Retreat
The shifting housing market appears to have caught a lot of home sellers by surprise: A record 2% of U.S. homes for sale were delisted each week on average during the 12 weeks ending Nov. 20, compared to 1.6% one year earlier, according to Redfin, Seattle.