Market Trends

Homebuyers are adjusting their purchasing strategies in wake of current market conditions, according to a new survey from RE/MAX, that showed condos, fixer-uppers, and tiny homes are becoming popular trends among American homebuyers.

On a regional basis compared to one year ago, pending home sales decreased in the Northeast but improved in the Midwest, South, and West.

An upcoming FORCE-sponsored webinar will preview this March’s Velocity Conference, an event assembling the industry’s top REO professionals, agents and brokers, asset managers, property managers, attorneys, and servicers under one roof.

Great news for renters: rent prices are trending downwards to an average of $1,900 for a typical two-bedroom apartment.

Sagent has named former Vice Chair and President of Mr. Cooper Chris Marshall as its new Executive Chair, tapped to strategize the fintech provider’s cloud-native software platform.

Latest estimates from the MBA find that 115,000 homeowners are now in forbearance plans nationwide, as mortgage servicers have provided relief to approximately 8.1 million borrowers since March 2020.

According to Redfin's latest Housing Market Update, inclement weather that froze parts of the U.S. slowed overall homebuying activity recently. Conversely, agents in warmer regions report that buyers and sellers remain active, despite mortgage rates remaining in the high-6% range.

Mortgage loan subservicer adds former SVP at Mr. Cooper Ingrid Jaschok tapped to oversee all business segments within Cenlar’s default servicing portfolio.

In a letter to HUD Secretary Marcia L. Fudge, U.S. Reps. Ted W. Lieu and Brad Sherman are asking the Department to revise its policy to increase housing opportunities for homeless disabled veterans.

According to the RE/MAX National Housing Report, home sales dropped year-over-year in December, but experts project that with mortgage rates continuing their downward trend, homebuyers that have been priced out or pushed to the sidelines may begin to creep back into the market.