The California housing market ended the previous year on a high note as sales remained strong in December and the median house price reached another record high. The same momentum has been carried forward in 2021 as the housing
US Housing Market Forecast 2021 & 2022: Crash or Boom?
Will the housing market crash? Let’s look at the most recent housing market trends and predictions for 2021 and 2022. We will discuss current overall real estate trends, price and rent increases, housing sales and supply, mortgage rates and delinquencies,
Creating a Podcast Room? 10 Expert Tips to Help You Get Started
For the podcast enthusiast, having a dedicated, comfortable, and quiet space to produce audio and video clips is essential to creating a successful podcast. From renovating a space to include noise buffering material to selecting the right equipment to achieve
Oakland homeowner alleges appraiser bias
An Oakland homeowner says the home valuation process failed her due to the color of her skin, according to a complaint filed with U.S. Department of Housing and Urban Development. Cora Robinson, who is Black, claims that appraiser Thomas Kearney
Home Worthy Tip!
If there’s one task in this world that everyone loves to hate, it’s laundry. Check out these super-easy laundry tips for putting an end to the never-ending cycle of, well, never-ending cycles.
Why the US MLS system is the envy of other countries
I have been following the discussion around the competitiveness, costs and consumer benefits of U.S. Multiple Listing Services (MLS) by those trying to disparage the system. As an Irish immigrant to the United States in 1996 who became a real
How Much Does It Cost to Sell a House?
If you’re thinking about selling your house, you’ll want to know how much it’s going to cost you to do so. The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s
Biden administration prioritizes cybersecurity as fraud risks grow
As the Biden administration recently spotlighted, cybersecurity remains a high-level concern for the privacy and security of Americans. In fact, the FBI’s Internet Crime Complaint Center (IC3) has experienced a record number of reported complaints as of late, jumping from
Are we back to a normal housing market?
In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. According
Could online mortgage lenders reduce discrimination against Black homebuyers?
The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin, the popular real estate website, reports that nearly 40% of homes in the past month
First American names new Gulf Coast counsel
Kenneth Farmer has been named regional underwriting counsel for First American Financial Corporation’s gulf coast title insurance, the company recently announced. Farmer, who has been promoted from within, will continue to serve as state counsel for First American Title’s Mississippi
What Does Homeowners Insurance Typically Cover in Fire-Prone Areas?
When you buy a home, you’ll need to have home insurance to cover a variety of unexpected events that could do damage to your home. Typically, your homeowner’s insurance policy includes coverage for repairs in the event your home is
Fannie & Freddie forbearances drop to 1.81%
Another week, another drop in forbearance volume. Servicers’ forbearance portfolio volume fell two basis points to 3.48% from 3.50% last week, according to a survey from the Mortgage Bankers Association. Approximately 1.74 million homeowners are in forbearance plans, the MBA reported. The share of Fannie Mae and Freddie
Go for Gold USA: 3 US Summer Olympic Games Host Cities You Can Move To
The 2020 Summer Olympics are finally here. While the coronavirus pandemic delayed the games by a year, the time has come for thousands of athletes from around the world to gather in Tokyo and compete for their countries. Since the
Re-thinking property tax reporting can help meet lenders’ need for speed
“I feel the need…the need for speed.” – Maverick (Top Gun) With the increasing “need-for-speed” at which the lending community moves, keeping up is a constant task that never gets any easier. New entrants continue to join the market with
What is Dual Agency and How Does it Work?
In most real estate deals, there are two agents involved – one who represents the seller and another who represents the buyer. However, there is another less common scenario in which one agent represents both the buyer and the seller
New home sales dip for third consecutive month
New home sales continued to slip in June, falling 6.6% from May to a pace of only 676,000, according to a recent study from the U.S. Census. It’s the third straight month of decreases and the first annual decline since
What to Expect During the Home Appraisal Process
There are many important steps to buying or selling a house. One aspect that homebuyers and sellers often have questions about is the home appraisal process and how it impacts them in regards to the home sale. It’s important for
Sleep Like Royalty in the Palace of Versailles
You can now sleep surrounded by the 18th-century opulence of Marie Antoinette and Louis XVI. For the first time in its 387-year history, the Palace of Versailles has opened a luxury hotel. Airelles Château de Versailles, Le Grand Contrôle offers
First American, Stewart Title and Old Republic report for 2Q
Three of the “Big Four” title insurers — First American Financial, Old Republic and Stewart Title — released their second-quarter earnings this week. Fidelity National will release its second-quarter earnings on Aug. 3. First American reported $2.3 billion in total
How to Find Your Property Lines: Fast, Easy, and Precise
As a homeowner, you likely have a general idea of where your property begins and ends. You may be using your driveway, the edge of your lawn, or a fence as a reference point. But are you sure those are
Borrowers get more options as foreclosure deadline nears
With the foreclosure moratorium for federally backed mortgages set to expire next week, the Biden administration is giving borrowers additional options to reduce their mortgage payments. The Department of Housing and Urban Development (HUD), Department of Agriculture (USDA), and Department
New homes selling well even as builders pass on costs
After an epic rise in housing starts and permits from the COVID-19 lows, the latest Census report shows a calm after the housing storm. This report is consistent with my prediction that all housing data will moderate from the epic run-up
How mid-year market shifts are impacting originators
Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. De-risking efforts by GSEs, migration shifts, demographic changes and more are pushing the market