We will discuss the latest Houston housing market trends. The Greater Houston housing market recorded its thirteenth consecutive month of positive sales. Single-family home sales and total property sales registered declines versus last July while total dollar volume rose. Pending sales, a
Policing the pocket listings
This is HousingWire’s two-part series examining the ramifications of NAR’s decision last year to ban pocket listings. Part 1 looked at the history of the ban and inherent enforcement problems it posed. Part 2 examines how MLSs have implemented the
Roofstock buys Great Jones platform to help investors profit on their real estate
Roofstock, a proptech startup aimed at making it easier to purchase an income-producing property, announced Wednesday its acquisition of Great Jones, a property management platform that Roofstock intends to utilize for its “end-to-end single-family rental platform.” The Oakland, California-based company
Finding Ginnie Mae president should be a priority for Biden
As I observe Housing and Urban Development (HUD) Secretary Fudge staffing out her management teams, a large hole remains unfilled. In fact, this hole has not been filled permanently in almost five years. The position is an important one, a
Stewart Title acquires Informative Research for $192M
“Big Four” title firm Stewart Title has struck yet another acquisitions deal. And this one’s a big one. Stewart has acquired Informative Research, a mortgage-focused data and analytics tech company based in Houston, the companies announced on Thursday. Informative Research
San Diego Housing Market: Prices | Trends | Forecast 2021
Home prices & sales are rising across the Southern California housing market and San Diego is no exception. In Southern California, the median home price has risen by double digits for nine consecutive months. Homes on the market are selling
Finicity expands mortgage verification with ICE integration
Finicity, an open-banking solutions provider that was acquired by Mastercard in 2020, announced a partnership with its one-touch Mortgage Verification Service and ICE Mortgage Technology on Thursday. The integration allows borrowers to permission data so that lenders can quickly verify assets, income
CoreLogic partners with ICE Mortgage Technology
Analytics vendor CoreLogic announced Thursday that it has entered into an enterprise agreement with ICE Mortgage Technology to integrate and automate its core solutions on ICE’s platform, enabling a more streamlined workflow for lenders. Via the Encompass Partner Connect, a cloud-native
TRENDING: Best cities for state fair enthusiasts
Want to live close to the party? These cities are home to the biggest state fairs in the U.S.: Syracuse, NY – 1.2 million visitors West Springfield, MA – 1.5 million visitors St. Paul, MN – 2 million visitors Dallas,
The problem with banning pocket listings
This is Part 1 of HousingWire’s two-part series examining the National Association of Realtors’ clear cooperation policy, better known as a ban on pocket listings, or homes not marketed on Multiple Listings Service. Part 1 looks at the history of
Another $15K first-time homebuyer tax credit bill emerges
The much-talked-about $15,000 first-time homebuyer tax credit has made another appearance in Washington, D.C., this time as part of a housing bill introduced in the U.S. Senate. Though certain provisions of the bill contain some of the boldest proposed housing
Mortgage rates hold steady at 2.87%
The average 30-year fixed-rate mortgage held steady at 2.87% for the week ending in August 26, according to mortgage rates data released Thursday by Freddie Mac‘s PMMS. The week prior, mortgage rates declined slightly to 2.86%. This week’s near constant
How lenders can prepare for increasing regulatory pressures
As compliance becomes an increased focal point for mortgage lenders and investors, staying ahead of state and federal regulations can be the difference between a flourishing business and one mired in fines. SitusAMC’s Scott McNulla, Senior Director of Regulatory Compliance,
Gary Keller stars at KW’s Mega Camp
Gary Keller, executive chairman of KWx Whatever changes are afoot at Keller Williams, Gary Keller remains the company’s public face. Last October, Keller, founder of the real estate franchise network, stepped down as CEO. He took the role of executive
Rental assistance isn’t reaching at-risk tenants
The Emergency Rental Assistance Program, created to help renters quash their missed payments, is disbursing the $46.5 billion allocated to the program at a snail’s pace. The month of July saw a mere $1.7 billion made available to eligible households
Lone Wolf builds tech empire with Propertybase
With four other real estate tech acquisitions in the last year, Lone Wolf Technologies recently added Boston Logic-owned Propertybase to its tech toolbox. The acquisition rounds out Lone Wolf’s technology platform that includes websites, lead generation tools, and CRM. With
New MISMO standards are critical to a growing PLS market
Prior to the Great Recession, private label securitizations (PLS) constituted a majority of all residential mortgage-backed securities (RMBS) issued. In the intervening years, the makeup of the RMBS market has changed significantly and, today, Fannie Mae, Freddie Mac, and Ginnie
Purchase mortgage applications rise as Treasury yields fall
Mortgage applications rose 1.6% on the week ending Aug. 20, moving in concert with a drop in Treasury yields, according to the latest report from the Mortgage Bankers Association. The market composite index moved 1% on an unadjusted basis from
Positive revisions boost new home sales report
In Tuesday’s new home sales report from the Census Bureau, monthly supply hit recent highs at 6.2 months and 5.9 months on the more critical three-month average. I focus on the monthly supply as being the most critical data for
Housing Market Forecast 2021 & 2022: Is Crash Coming Next?
Record-low mortgage rates and shortage of inventory are keeping the US housing market strong as far as demand is considered. Home prices have been surging month-over-month breaking new records. While affordability issues worsen, low mortgage rates, growing savings, and a
SF Bay Area Housing Market: Prices | Trends | Forecast 2021
This page has been updated to reflect the most recent trends in the San Francisco Bay Area housing market. While the national housing market appears to be cooling, it hasn’t declined significantly as much in the Bay Area. The real
Los Angeles Housing Market: Prices | Trends | Forecast 2021
We’ll discuss the recent trends in the Southern California housing market as well as the Los Angeles housing market. Following the impact of the pandemic, which temporarily stalled the market, we saw the first signs of recovery in property sales
Is My House in a Flood Zone? Search FEMA Flood Map by Address and So Much More
Considering all that’s happening with climate change and the potential risk it brings to homeowners, you may be wondering if your house is in a flood zone. Whether you are a first-time homebuyer, looking to sell a vacation home, or
Miami Real Estate Market: Prices | Trends | Forecast 2021
South Florida’s housing market is strong in 2021. Home prices continue to climb and inventory remains low. It is a seller’s market with many sellers getting top dollar. After getting hammered by the pandemic, the Miami and South Florida housing