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The impact of stable mortgage rates was evident in November’s pending home sales data from the National Association of Realtors. At the national level, sales rose 3.3{7de533e94389446af5143a9bf060c91c681d1e34f985dbdf694d5c0ef7221a6c} on a monthly basis and 2.6{7de533e94389446af5143a9bf060c91c681d1e34f985dbdf694d5c0ef7221a6c} year over year.
The transaction expands the affiliate\'s footprint in the greater Omaha metropolitan area and results in a combined operation of 10 offices.
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Once viewed as a niche option, private lending has rapidly entered the mainstream as more borrowers discover the speed, flexibility, and accessibility of private credit financing. But as the industry attracts new borrowers, it is also evolving with their needs, particularly in the balance between short-term and long-term loans.
The median first-time homebuyer in the U.S. in 40 years old, which is a record high. One of the main reasons is that Millennials typically delay ownership by about 7 years, and Gen Z only have a 26{7de533e94389446af5143a9bf060c91c681d1e34f985dbdf694d5c0ef7221a6c} homeownership rate by their late 20s, far behind previous generations.
Realtor.com’s Let America Build campaign urges lawmakers to address housing supply as U.S. inventory stays 4 million short.
Rechat’s partnership with SkySlope adds digital forms, MLS data synchronization and e-signatures to its platform, centralizing agent workflows.
Homebuyers now need seven years to save for a down payment, down from 12 years in 2022, but high-cost metros remain further out of reach.