Into the Unknown
Much is uncertain, but expect these trends to reshape mortgage lending
Matt Oliver, Lund Team Mortgage Inc.
Many mortgage companies bill their workplaces as “being like family,” but for Matt Oliver and Lund Team Mortgage Inc., this turn of phrase rings a little truer than most. The firm (as its name suggests) is a small, family-owned shop, once owned by his wife’s father, Stan Lund. Oliver joined the company 14 years ago […]
Residential Spotlight: Mountain Region
These rugged states are experiencing a population boom.
Sara Rodriguez, National Association of Hispanic Real Estate Professionals
Hispanic homeowners emerge as a major force in the market
Location is key for home-flip profits
In first-quarter 2021, only 32,526 single- family homes and condominiums were flipped in the U.S. This figure equated to only 2.7% of all home sales, according to Attom Data Solutions’ Q1 2021 U.S. Home Flipping Report. This marked the lowest share of flips since 2000, and it was accompanied by significant decreases in quarterly and […]
Case-Shiller index sees yet another record home-price increase in June
Annual U.S. home-price growth hit an all-time high in June, bounding 18.6% year over year, according to the S&P CoreLogic Case-Shiller National Home Price Index. That’s the fastest pace of yearly home-price growth since the index first began tracking the metric in 1987. The previous record was 16.8% set this past May — and the […]
Sizing and timing the waves of deferred distress
Recent developments have made it easier to estimate when the backlog of distressed mortgages built up during the COVID-19 pandemic will be released into the housing market. This backlog has grown primarily as the result of two nationwide foreclosure protections that have already been phased out or are in the process of doing so: a […]
2021 Top Wholesale Account Executives and Top Mortgage Brokers
The mortgage broker channel is growing rapidly
Playing Catch-up
Despite a hot market, lenders remain wary of investment-home deals
Multifamily is Back On Top of the Mountain
It looked like the multifamily-housing sector might see a decline and a slow recovery when COVID-19 struck in March 2020. But it hasn’t turned out that way. By this past June, asking rents were breaking records once again in many U.S. cities. On a national basis, rents rose by 6.3% year over year in June, […]