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Real State

Newrez Returns To Playbook, Brings Back 40-Year Fixed-Rate Mortgage

The nonbank mortgage lender says 40-year, interest-only loans will help borrowers and investors who have been priced out of today’s housing market. Join us...
Real State

Lamacchia Realty Gets Serious About Commitment: No More ‘Slackers’

With the housing market in a measurable slowdown, the brokerage feels it necessary to shift strategies. “We want people who are serious about...
Real State

Mortgage Company Homepoint Laying Off ‘Hundreds’ Of Workers

With the industry and the market changing faster than ever, make plans to come together with the best community in real estate at...
Real State

The Average US Home Is Now Selling Below Its List Price, Redfin Says

The average list-to-sale ratio clocked in under 100 percent for the first time since March 2021 in August, according to new data released...
Real State

Spending On Construction Dipped In July Amid Market Slowdown

Spending on construction in the U.S. has been growing for years, but amid rising rates and a stalling market that trend appears to...
Real State

Cornerstone Home Lending Will Become a Bank

Approval by bank regulators will allow Cornerstone to “significantly expand” product and service offerings to hundreds of thousands of customers and referral sources...
Real State

More People Moving Into Drought-Prone Areas Than Out: Study

Roughly $17 trillion worth of property analyzed for the study had experienced intense drought in August, up 42 percent from a year earlier...
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