Housing data by DMAR. Housing Forecast is an estimate based on data from multiple sources. While it is deemed reliable, it is not guaranteed. The Metro Denver housing market remains consistently hot and skewed to property owners. Denver Metro saw
Investing In Rental Property: Beginners Guide For 2021
Investing in a rental property means buying a property that can generate an income in the form of rent. There is no doubt that rental property investment can be a great way for beginners to generate positive cash flow every month.
The Rich vs Poor Mindset: Which Mindset Do You Have In 2021?
What is the difference between the rich vs poor mindset? How do the successful differ from the rest of us? So many people do not obtain financial freedom because they do not have one thing: the right mindset. Everything starts
Los Angeles Real Estate Market & Investment Overview 2021
Housing data by C.A.R. Housing Forecast is an estimate based on data from multiple sources. While it is deemed reliable, it is not guaranteed. We will discuss the Los Angeles housing market trends and forecast for 2021. Due to coronavirus home
20 Best Cities To Invest In Real Estate In 2021
In this article, we discuss some of the best places to invest in real estate. Real estate remains an appealing asset class for investors because of the opportunity to earn recurrent income from rentals. If the market dynamics are optimal,
The 2021 housing market will be stronger than 2020
Jeff TuckerZillow Senior Economist This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. The
Mortgage rates remain at record-low levels
After falling to the lowest rate in Freddie Mac’s Primary Mortgage Market Survey’s near 50-year-history last week, the average U.S. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this week. Last week’s announcement of a 2.67%
Making Fannie Mae and Freddie Mac a single utility
The clock has effectively run out for FHFA Director Calabria to release Fannie Mae and Freddie Mac from their 12-year captivity under conservatorship following the great financial crisis. The incoming Biden administration has an opportunity now to reshape the housing
Real estate tech: EasyKnock, Realogy and Engel & Völkers
EasyKnock has rolled out another sale-leaseback product for homeowners. With this initiative, homeowners can sell their home and remain living there rental payment-free until they find their new abode. EasyKnock said that this service enables the homeowner to leverage their
The case against CSBS proposed regulations for nonbank servicers
In October, the Conference of State Bank Supervisors made a controversial move to issue a final rule with proposed prudential standards for nonbank mortgage servicers – standards that, if enacted, have some stakeholders worried. The proposed rule addressed capital, liquidity,
How record-low mortgage rates changed everything in 2020
While the United States may not have been prepared to combat a deadly virus, a quick and robust response from the Federal Reserve, along with changing consumer preferences, created a perfect storm that resulted in a record year for the
RentPath terminates acquisition agreement with CoStar
RentPath announced Wednesday that it has terminated an agreement to be acquired by CoStar Group following the Federal Trade Commission’s (FTC) decision to sue to block the transaction. The FTC had argued that the $588 million acquisition would be harm
Appraisal Institute names Rodman Schley president
Rodman Schley was selected to become the next president of the Appraisal Institute (AI) beginning Jan. 1, succeeding appraiser Jefferson Sherman, according to the trade organization. Schley, a senior managing director at BBG in Colorado, served as vice president of
What fintech does your company need in 2021?
2020 served as a real litmus test for mortgage technology and fintech. Between having to transition whole teams to work from home — in some cases over just a weekend — to dealing with crushing origination volume, companies could clearly
San Diego Real Estate Market And Investment Overview 2021
Housing data by C.A.R. Housing Forecast is an estimate based on data from multiple sources. While it is deemed reliable, it is not guaranteed. Home prices & sales are rising across the Southern California housing market and San Diego is
Pending home sales continue to slip as 2021 approaches
U.S. pending home sales slid for the third consecutive month in November, dropping 2.6% from October, according to a report from the National Association of Realtors. However, year-over-year contract signings were still up by 16.4%. “The latest monthly decline is
2020 ends with 2.8 million in forbearance
The number of mortgages in active forbearance rose by 20,000 last week, according to a Friday report from Black Knight. Though the raw number increased, the number of mortgages in active forbearance remained at 5.3%, unchanged from the week prior.
The impact of low mortgage rates on the housing market
Frank Nothaft Executive and Chief Economist at CoreLogic This is the third installment of our economist Q&A series. Every Tuesday in December, HousingWire has interviewed a top economist in the HW+ Slack channel. The 2021 housing market forecasts have focused on
How COVID-19 is driving AI in the mortgage industry
The shift to AI-powered technology is rapidly taking over the mortgage industry with leaders turning to machine learning to increase efficiency amid COVID-19. With the move toward a remote workforce and the real estate market booming, this technology is an
Will hybrid appraisals become the new normal?
The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. The Request for Input (RFI)
Trump signs stimulus bill: Here’s what you need to know
President Donald Trump on Sunday officially signed the second COVID-19 relief and government stimulus bill, after a back-and-forth with Congress on the amount of money that will be sent directly to consumers. The $2.3 trillion bill gives $600 in direct
What to expect from the 2021 housing market
Although I had pockets of joy in 2020, these moments were subsumed in a haze of stress, uncertainty and fear for our country. And, at times, I have found it difficult to keep these emotions from clouding my economic thinking.
US Housing Market Forecast 2020 & 2021: Will It Crash or Boom?
Here are the latest housing market predictions and forecasts for 2020 & 2021. The housing market has seen record-breaking growth since June after briefly put on hold during the outbreak of the pandemic this spring. Despite looming economic uncertainty, highly
Don’t expect home sales to slow down in 2021
Real estate agents across the U.S. have been busy as a result of the pent-up demand from homebuyers due to COVID-19. From facing uncertainty in March from COVID-19-related shutdowns, to seeing home sales skyrocket through the summer into fall, it
