Thu.May 02, 2024

Remove mortgages-new-construction
article thumbnail

Top LO Tim Potempa joins E Mortgage Capital

Housing Wire

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. 7 loan officer in the country last year with a mortgage production volume of $326.5

article thumbnail

Commercial Real Estate: Office Vacancy Soars to 14% in the First Quarter 2024

Marco Santarelli

Construction levels have remained stagnant, exacerbating the oversupply issue and suggesting a continued increase in available office spaces. Multifamily Properties Conversely, the multifamily sector has experienced a resurgence driven by persistently high mortgage rates. due to an influx of new housing supply. Source: N.A.R

article thumbnail

Housing Market Predictions: Top 5 Most Priciest Markets of 2024

Marco Santarelli

Firstly, these coastal metros are major tech hubs, where many homeowners benefit from historically low mortgage rates secured before recent interest rate hikes. This growth is partly fueled by a robust influx of new construction, providing much-needed options for move-up buyers. The answer lies in a combination of factors.