Home flips down, but profits reach highest level in at least two decades

Reading Time: 2 minutesWhile home flipping continued to fall nationwide during 2020’s third quarter, gross profit on home f… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Low supply hinders November existing-home sales, drives prices upward

Reading Time: 2 minutesExisting-home sales declined month over month in November to a seasonally adjusted annual rate of 6…. Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Commercial deal volume continues to lag in November

Reading Time: 2 minutesPotential distress looms as downside pressure in 2021
First-time buyer market booms in third quarter

Reading Time: 3 minutesThe third quarter of 2020 saw the largest first-time homebuyer market in two decades, according to a… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Refinances hit 51% of commercial deal activity in first three quarters

Reading Time: 2 minutesRefinancing activity accounted for just over half of all commercial property lending in the first ni… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, December 14-December 18
Reading Time: 4 minutes Schenker Guaranteed Rate Affinity has announced the appointment of Skip Schenker as regional… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
ICE Mortgage Technology’s Tyrrell talks millennials, analytics going into 2021
Reading Time: < 1 minuteJoe Tyrrell, president of ICE Mortgage Technology (formerly Ellie Mae), discusses mortgage trends h… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Commercial/multifamily debt up 1.5% in Q3

Reading Time: < 1 minuteThe level of outstanding mortgage debt backed by commercial and multifamily properties grew by $57.0… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry voices concerns about GSE conservatorship exit

Reading Time: 3 minutesFour trade organizations representing the building, buying and financing aspects of the real estate … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Midwest markets showing multifamily muscle in November

Reading Time: 2 minutesMultifamily rents fell 0.5% year over year in November, with pandemic-induced declines in gateway ma… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in