External Articles

US Housing Market Forecast 2020 & 2021: Crash is Coming?

Here are the updated housing market trends & predictions for 2020 & 2021. The housing market is not only doing well but it also remains highly supportive of the economic recovery of the country. It remains a hot seller’s real

Easy Cap Rate Calculation: How To Use Cap Rate In Real Estate?

The cap rate calculator (short for capitalization rate) is a useful tool as it allows you to quickly get an estimate for how much money the property is expected to make, and how this compares to similar properties in the

RedfinNow expands iBuying to Sacramento, California

Redfin’s iBuying service RedfinNow has expanded into another new market since it resumed after pausing because of COVID-19. As of Friday October 9th, Sacramento, California homeowners can sell their homes and get a cash offer via RedfinNow. “Despite the pandemic,

Feeding the capital markets beast and figuring out pricing in a time of extraordinary uncertainty

Changes to capital markets have been fast and furious over the last year in housing. By some accounts, the growth timeline has been compressed five years. It makes for exciting – and uneasy – times for lenders, investors and policy makers, panelists

Experts share insights on business strategies during social upheaval

Alongside the discussions around how the pandemic is changing consumer behavior, how to solve the current inventory shortage and how the economic forecast for 2021 is shaping up, was a conversation much bigger than mortgage and these boom times. It

For the first time since April, forbearances fall below 3 million

After a slight uptick the previous week, mortgages in active forbearance plummeted 18%, marking the first time since mid-April the total number of plans fell below 3 million, Black Knight said in a report on Friday. As of Oct. 6,

U.S. Home Prices Up a Record 15%

National median home price hit a new record of $320,625. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October 4: The median home sale price increased 15% year over year to $320,625—the highest on

ATP scoring paves new path to financial inclusion

Excluding people from the economy is bad for the victims and bad for the rest of the economy too. Why do less business than you could? Why leave people out? The conventional credit scoring system has a serious problem with

Home prices rose by record numbers last week

Home sales are up, and so are the prices. Median home sale prices have made the largest increase on record, jumping 15% year over year for the week ending Oct. 4. The previous largest increase was 14.5% seen in September

What Hurts Property Value? 8 Things to Address Now

Property values fluctuate as a result of many factors, and as a homeowner, it’s important to be aware of factors that can drive home value down. Some of these factors are out of your control, such as market conditions, interest

People movers: Home Point Financial, Kukun, Kairoi Residential

Home Point Financial named Kristin Supancich to the new role of chief people officer where she will be charged with growing and scaling the company. Supancich brings more than 25 years of experience in the workforce and talent industry to

HousingStack Phase 5: Don’t underestimate the power of your real estate back-office systems

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. The HousingStack is exclusively for HW+ members. To join the HW+ community, go here. Perhaps the least sexy technology to talk about are the

NYC Real Estate Market Overview 2020

We’ll be discussing the current state of the NYC real estate market, and also for the state of New York. August 2020 was marked by the lowest median sale price of the year at $665,000 and sales dropped 19% below

PAVING THE WAY: Century 21 Latina Leaders Empower Tomorrow’s Real Estate Entrepreneurs

The real estate industry is one which uniquely serves communities across the country with one common goal, to help Americans achieve the dream of homeownership. From differences in gender to ethnicity to sexual orientation, the diverse makeup of home buyers

Fannie Mae’s Doug Duncan offers his predictions for 2021

Doug Duncan doesn’t claim to be an oracle, but the Fannie Mae Senior Vice President and Chief Economist on Thursday offered some forecasts for 2021, even amid a pandemic that has thrown markets into disarray. The country is mired in

Servicers: It’s time to improve decision-making using predictive modeling

HousingWire recently spoke with Yvette Gilmore, senior vice president of Servicing Product Strategy at ServiceLink, about the challenges of portfolio management in the current environment and how machine learning can help servicers streamline the asset-decisioning process. HousingWire: What are the

Pre-Winter Yard Care: The 7 Things You Really Need to Do

You’ve likely spent all summer enjoying and caring for your lawn and yard, especially this year with spending more time at home because of the coronavirus pandemic. Now that leaves are changing colors and the temperatures are dropping, you’ll want

6.5% More Americans Looked to Relocate to Red and Swing Counties than to Blue Counties in the Spring

In search of affordability and space, people are leaving politically liberal areas for conservative places, a trend that’s more pronounced in swing states. Migration to Arizona could play a part in flipping the swing state blue in this year’s presidential

The key to avoiding costly errors amid record-breaking origination volume

HousingWire recently spoke with ACES Quality Management CEO Trevor Gauthier about the importance of quality control among record-breaking volumes and how QC technology can help lenders avoid costly errors. HousingWire: How have recent conditions impacted loan quality management? Trevor Gauthier:

Michael Gersitz