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Deadline Extended to Nominate a 2023 Rookie of the Year

USA Real Estate News-RISMedia - 8 hours 8 min ago

If you missed the Monday deadline to submit a candidate for RISMedia’s second-annual 2023 Rookie of the Year, you have a little more time to get those nominations in. Nominations may be submitted here through midnight on Monday, June 12.  This year’s Rookie of the Year contest will include honors for five regional winners, which…

The post Deadline Extended to Nominate a 2023 Rookie of the Year appeared first on RISMedia.

Cash Rules, New Study Finds

USA Real Estate News-RISMedia - 8 hours 9 min ago

Since October 2022, the share of buyers purchasing their home without a mortgage has consistently been more than one-quarter of the market. The share is collected monthly in the REALTORS® Confidence Index and includes buyers who purchased primary homes, investors and vacation buyers. These all-cash homebuyers are happily avoiding the higher mortgage interest rates, which…

The post Cash Rules, New Study Finds appeared first on RISMedia.

Mortgage Originations Fall to 20-Year Low

USA Real Estate News-RISMedia - 8 hours 9 min ago

In Q1 2023, 1.25 million mortgages secured by residential properties (1 to 4 units) were originated, down 19% from Q4 2022 and the eighth quarterly decrease in a row, according to a new report from ATTOM. ATTOM’s Residential Property Mortgage Origination Report for Q1 2023 found that the 1.25 million mortgages was down 56% from…

The post Mortgage Originations Fall to 20-Year Low appeared first on RISMedia.

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