Pending home sales were up again in April, rising 1.4% from a month prior according to data released Tuesday by the National Association of Realtors (NAR). In April, the Pending Home Sales Index came in at a reading of 74.8. This represented a 3.2% annual increase. An index reading of 100 is equal to the…
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Mortgage applications for new home purchases fell 2.4% in April 2026 compared to a year earlier, the first annual decline since October 2025, according to the Mortgage Bankers Association’s Builder Application Survey released this week. Applications also dropped 10% from March 2026 on an unadjusted basis, MBA reported. The monthly numbers are not adjusted for…
CrossCountry Mortgage has overhauled its closing operations using Blend Close, Blend’s digital closing software, allowing the company to cut average closing times to 45 minutes and eliminate post-closing signature errors across its 1,000-plus-branch network. The independent retail lender integrated Blend Close directly with its loan origination system, replacing multiple point solutions with a single closing…
While higher interest rates pushed thousands of real estate agents out of the business, Anthony Lamacchia saw opportunity. Lamacchia Realty — based in Worcester, Massachusetts — posted 68% growth by transaction sides percentage from 2021 through 2025, according to RealTrends Verified’s annual GameChangers rankings. That success follows an 84% growth period from 2020 to 2024,…