The financing gap that keeps starter homes out of reach

I launched a condo conversion community recently. Units priced between $90,000 and $140,000. Sold six in the first week. Five of the six were seller-financed. Not because the buyers preferred it. Because conventional lenders couldn’t touch them. FHA couldn’t touch them. These were people with real i
Read MoreWhat mortgage professionals need to know about reverse mortgages

As America’s population ages, a growing number of homeowners are entering retirement with substantial housing wealth and new questions about how to use it. For mortgage professionals, that shift is creating opportunities to have broader conversations about housing wealth, cash flow and long-term fin
Read MoreFresh off seed round, BrokerBot eyes next phase of brokerage automation

For many real estate brokers, the daily barrage of agent questions — “Where’s the W-9?,” or, “What’s our commission split again?” — adds up to dozens of hours each month, often interrupting nights and weekends. BrokerBot, the artificial intelligence (AI) teammate platform built by Ribera AI, Inc. an
Read MoreWhy more private homebuilders face a succession test now

A succession challenge homebuilding can no longer ignore A second U.S. President in a row to serve past the age of 80 is in the Oval Office. Whether spoken or not, succession, or rather a sound strategic, operational and organizational cultural plan for it, is on the minds of many. It’s the same in
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