Don’t expect a significantly better mortgage market in 2024: Piper Sandler

The mortgage market should improve in 2024 due to a combination of competitive pressures easing and mortgage demand picking up from historical lows last year, according to a note from Piper Sandler, a leading investment bank.But don’t expect profitability to be significant compared to long-term hist
Read MoreNine commission lawsuits look to consolidate in Missouri under Sitzer/Burnett judge

A bevy of copycat commission lawsuit plaintiffs are looking to consolidate their nine suits in Missouri under Judge Stephen Bough, who over saw the Sitzer/Burnett commission lawsuit trial in October 2023.In a filing dated Dec. 27, 2023, the plaintiffs in the Gibson and Umpa suits, the oldest and the
Read MoreCongress takes an important step toward funding agreement, but time is short for housing agencies

Partisan rancor in Congress seems a sure thing in U.S. politics these days, but there is a sign of hope for compromise.Over the weekend, leaders including Speaker of the U.S. House of Representatives Mike Johnson (R-La.) and U.S. Senate Majority Leader Chuck Schumer (D-N.Y.) made separate announceme
Read MoreFewer homes will take a price cut in spring 2024

Will the number of homes that take a price cut this year drop below 2023 levels? Yes! If the current trends continue into the strong seasonal pricing period, we will see fewer homes that are discounted before selling. I believe this was the most overlooked housing story of the last year because even
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