Dunmor adds to its business-purpose lending team

Los Angeles-based Dunmor, a technology-enabled lender that specializes in loans for residential real estate investors, has added a pair of experienced executives in the business-purpose lending space.The company announced Monday that it hired Tuam Pham as chief marketing officer and Steve Huff as se
Read MoreD.C., Chicago are top YIMBY cities for housing development

San Francisco-based Pacaso, a tech-centric real estate marketplace, released a report Monday unveiling the top U.S. metro areas that are embracing new development and “creating a more diverse and plentiful supply of homes.“The report delves into the “Yes in My Backyard“ (YIMBY) movement, which invol
Read MoreBoomers, millennials locked in ‘showdown’ over housing: Fortune

As baby boomers increasingly seek to age in place in their own homes — a scenario supported by both the preferences of older homeowners and the realities brought on by elevated mortgage rates — this is clashing with the desires of millennials who wish to enter the housing market, as the combination
Read MoreHomeownership costs jumped 26% since start of pandemic: Bankrate

The average cost of homeownership has increased by 26% over the past four years to more than $18,000 annually, according to Bankrate’s newly released Hidden Costs of Homeownership study. The increase reflects rising home prices, which went up 40% since the beginning of the COVID-19 pandemic, mainly
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