Technology

Potential homebuyers are worried about the inventory shortage and rising prices in regards to current market conditions.

New home sales rose 2.3% in April following an upward revision in March sales and prices rose at a fast pace.

Despite the national negative equity rate falling through the first quarter of 2013, millions of homeowners with mortgages that are not underwater still lack enough equity even if they wanted to move.

Lender Processing Services is in talks to be acquired by title insurer Fidelity National Financial and private equity firm Thomas H. Lee Partners in a $2.9 billion deal.

Quandis’ valuation system is completely Web-based and enables asset management outsourcers to manage the placement, receipt, distribution, processing and automatic delivery of broker price opinion orders in one automated platform.

Technology platforms incorporating mobile devices are tailor-made for CRE—the time is now.

More than 3.1 million housing units are delinquent but not in foreclosure.

Sales of previously owned homes edged up 0.6% in April from the month prior and there was a noticeable increase in homes coming on the market.

Residential Finance Corp. is offering the “Foreign National Loan Program” designed to meet the special needs of foreign-born buyers.

Fragmented mortgage market share would preserve the market, distribute risk and alleviate fear.