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BofA, Citi warn of slower growth ahead as mortgage business softens

Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week. Mortgage volumes at BofA and Citi, which were attributed to seasonal trends and rising interest rates, are expected to remain challenged in the coming quarters due to ongoing trade tensions and...

India Home Prices Nationwide Climbed 9 Percent Annually in 2024

According to data from PropEquity, a leading Indian real estate analytics firm, the weighted average asking price of residential properties across India's top nine cities increased by 9% in FY 2024-25, reaching Rs 13,197 per sq. ft., up from Rs 12,569 per sq. ft. in FY 2023-24. The nine cities tracked include Bengaluru, Chennai, Hyderabad, Kolkata, Delhi-NCR, Mumbai, Navi Mumbai, Thane, and Pune. Among...

Here’s how far homebuilder stocks have fallen since ‘Liberation Day’

Donald Trump’s second term has not been kind to homebuilders. The president’s global tariff roller coaster directly and indirectly impacts many construction material imports, and his actions to crack down on illegal immigration have generated anecdotal reports of a labor shortage. Although it’s hard to measure the impact of the latter, the former is undoubtedly taking its toll. Homebuilder...

Real estate prospecting: 18 proven strategies to supercharge your business

Do you want to create a pipeline of active buyers and sellers? These time-tested real estate prospecting ideas, tips and strategies will help you diversify your prospecting efforts, load up your database with new contacts and lock in your continued success. First, we’ll cover the basics of real estate prospecting, and then we’ll delve into the creative, proven prospecting methods I share with my...

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