Category Archives: Business Insights

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The Most Obvious (but Still Unusual) Way to Engage More Qualified Prospects

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Is your target market too niche?

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Only half of houses for sale are affordable for the average buyer

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Housing affordability continues to hover near a 10-year low, and the National Association of Home Builders is urging policymakers to do something about it. Of the homes sold in Q4, just 56.6% were affordable for those earning the country’s median income of $71,900. “Historically, housing has been the canary in the coal mine, and these ongoing affordability woes should serve as a wake-up call to policymakers to take immediate action,” said NAHB Chairman Randy Noel.

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Rep. John Dingell, Auto Industry Advocate, Dead at 92

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Former U.S. Congressman John David Dingell Jr. has died, leaving a legacy of service to his Michigan district, advocacy for the U.S. auto industry, and pivotal roles in sweeping federal legislation.

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Report: Lackluster home sales push inventory growth in January

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In January, home sales declined for the sixth consecutive month, leading to the largest inventory increase in 10 years, according to the latest RE/MAX National Housing Report. RE/MAX CEO Adam Contos said the winter chill extended to the housing market in January, as home sales remained cool.

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Calabria to Senate: Don’t expect any changes to GSE multifamily business

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While Mark Calabria could very well enact some significant changes at Fannie Mae and Freddie Mac if he’s approved to serve as the next director of the Federal Housing Finance Agency, Calabria told a Senate panel this week that there likely won’t be any changes to the way that Fannie and Freddie operate in the multifamily space.

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AUL Promotes Frank to Operations Manager

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AUL Corp. announced the promotion of ‘rising star’ Deonna Frank to the position of manager of operations and cancelations.

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Homebuilder confidence climbs as economy strengthens

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Declining mortgage rates partnered with a healthy economy contributed to homebuilder confidence increasing two points to 62 in February, according to the National Association of Home Builders/Wells Fargo Housing Market Index. NAHB Chief Economist Robert Dietz said builder confidence levels moved up in tandem with growing consumer confidence and falling interest rates.

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Podcast: How Farm Burger Built a Better Better-Burger Concept

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Subscribe to “Fast Forward”: iTunes | Spotify | Google Play | Stitcher

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These are the best places to work for in the housing space

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Fortune Magazine and Great Place to Work have announced the winners of its 2019 Best Companies to Work For list, ranking the nation’s best workplace environments for large companies, and several industry leaders in the mortgage and housing space made the list. See which companies made the cut here.

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Swapalease: Apps, Approval Rates Fell in January

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Swapalease.com registered a slight dropoff in credit applications in January, coinciding with the marketplace’s lowest approval rate since May 2018.

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