Friday Harbor, an AI-powered mortgage origination platform, said Wednesday that national retail lender Waterstone Mortgage has implemented its pre-underwriting technology to improve loan file quality and expand underwriting capacity across the company’s nationwide retail channel. Waterstone Mortgage, which said it has more than 200 loan officers operating in 48 states, deployed Friday Harbor’s platform to…
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Pricing a home is always a unique challenge for real estate agents, but it can be especially daunting in a low-turnover market. The current real estate turnover rate, or the rate at which homes change hands, is at its lowest rate in 30 years, according to a Redfin analysis. One of the main reasons is…
The National Association of Hispanic Real Estate Professionals (NAHREP) released its annual State of Hispanic Homeownership Report, revealing that Hispanic households added a net gain of 441,000 owner-households in 2025, the largest single-year increase since the U.S. Census Bureau began collecting the data in 1975. Without those gains, the total number of U.S. homeowners would…
KB Home’s fiscal Q1 2026 results showed weaker revenue and margin performance alongside a strategic shift that management asserts will improve predictability and profitability later this year. Quarterly revenue was $1.08 billion, down nearly 23% year over year. The average selling price fell 3% sequentially and nearly 10% from a year ago. Gross margin fell…