Retail mortgage originator and nonbank consumer lender loanDepot announced the creation of AVH Mortgage, a joint venture partnership with homebuilding and community development company AV Homes, which operates in Florida, the Carolinas and Arizona. LoanDepot’s mello, the $80 million fully-digital end-to-end mortgage loan application process unveiled last year, will power this partnership, and with it “AV […]
Forget cutting checks to pay for rent. On both coasts, several tech-forward real estate companies have begun accepting digital currency for rental deposits and payments, coinciding with the growing general interest in, and value of, these new electronic payment systems. On the West Coast, Hubilu Venture Corporation, a real estate asset management company which buys […]
Although inventory at the luxury level has remained robust in the midst of a shortage at the mid- and lower- priced tiers, realtor.com says that didn’t translate into extra sales during 2017. In fact, the average luxury property stayed on the market for 116 days — a 5.3 percent year-over-year increase from 2016. Furthermore, the national […]
The 22nd season of The Bachelor kicked off Monday night with the return of Arie Luyendyk Jr., an unlucky-in-love Arizona-based Re/Max agent best known for being jilted by former Bachelorette Emily Maynard during a plot-twisting season finale five years earlier. But beside Luyendyk, a race-car driving heir to two-time Indianapolis 500 winner Arie Luyendyk Sr., […]
CoreLogic today released its Home Price Index (HPI) and HPI Forecast data for November 2017, which boasted 7 percent year-over-year growth. November is the fourth consecutive month with year-over-year increases measuring more than 6 percent. Gains were solid month-over-month also, at 1.0 percent. CoreLogic chief economist Dr. Frank Nothaft says home price growth is unlikely […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news CoreLogic Home Price Index (HPI) and HPI Forecast for November 2017 CoreLogic reports fourth consecutive month with more than 6 percent Home prices nationally increased year over year by 7 percent from November 2016 to November […]
Overview Inventory remains scarce, home prices have the average buyer sweating, a new tax code could cause a stir and politicians are clamoring away in Washington. Yet it’s hard to fret too much when business is booming in what experts are saying could become the longest economic expansion since WWII. As we start a new […]
Real estate is a business of relationships. Real estate relationships, as in life, can be good and bad. The majority of homebuyers are satisfied with their homebuying experience; 89 percent would use their agent again or recommend him or her to others. Relationships that sour may be few and far between, but they do happen. Do […]
The millennial penchant for artisanal cuisine, coupled with their apparent reluctance to invest, has been the source of much debate in recent months. Who knew craft beer and cold brew coffee could spark so much controversy? While older generations worry about the economic impact of perceived generational changes in spending habits, millennials are quick to […]
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