This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. Metro Atlanta housing market has experienced a smooth recovery by far. The market has not only returned to pre-COVID-19 levels in the
Condo Prices Climb 5.4% in August, Lagging 11.9% Growth for Single-Family Homes
Remote work, the desire for privacy and record-low mortgage rates make single-family homes more desirable during the coronavirus pandemic. But condos could make a comeback if single-family home prices continue to surge. Condo sale prices in the U.S. increased 5.4%
Better.com’s Vishal Garg talks the future of banking, tech stacks and a customer-friendly IPO
Though he wouldn’t comment on recent reports that he is raising $100 million in capital at a $4 billion valuation, Better.com CEO Vishal Garg had no qualms on Thursday in outlining his vision for an eventual public debut. Garg, a
Sellers still direct a hot housing market but fall cooling approaches
This Zillow Weekly Market Report includes housing market data as of the week ending Sept. 26 Go to Source Author:
How one mortgage servicing company is prioritizing home retention during economic uncertainty
Nearly two years ago, Ocwen acquired PHH Corporation, and Glen Messina became the president and CEO of the newly combined companies. Today, Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH
Howard Hanna acquires New York brokerage Rand Realty
Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty, giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The financial terms of the deal,
Urban Institute’s Laurie Goodman to speak at HousingWire Annual Oct. 8
This year has been a numbers game. How low are the rates this week? How long will borrowers be in forbearance? Will the next stimulus bill be enough? The pandemic has created a long list record-breaking figures, but behind all
Altisource expands servicing to handle forbearance overflow
Altisource Portfolio Solutions, a provider of real estate, mortgage and foreclosure services, said it has expanded its Texas operations center to handle the overflow from home-loan servicers trying to cope with customers requesting forbearances. The Luxembourg-based company said it is
Moving Checklist: Everything You Need to Know for a Smooth Move
So you’ve navigated the housing market, found the perfect home, and signed on the dotted line. All that’s left now is moving into your new home. Well, we won’t lie to you — moving is no small feat. Between decluttering,
Despite hardships from pandemic, 40% of Latinos still plan to become homeowners: survey
The American dream of owning a home remains resilient in Latino communities despite high unemployment, high COVID-19 infection rates, and greater loss or reduction of income compared to non-Hispanic Whites, according to a new survey. The August survey from the
Pending home sales at an all-time high! Now what?
Riddle me this: How can home sales grow when we have no homes to buy? When a monthly home sales print fails to meet expectations the excuse often used is that inventory is too low to meet the demand. But
No housing market slowdown as real estate agents report a busy fall
Realtors can usually count on their biggest season being spring, followed by summer. But nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season. However, homebuyers were still incredibly
UWM to knock 50 bps off VA IRRRL loans
United Wholesale Mortgage (UWM) announced on Wednesday that it would offer a 50 bps discount on all VA interest rate reduction refinance loans (IRRRL) through Veterans Day on Nov. 11. The company, which is the nation’s largest wholesale lender and
ALTA ONE to address changing times for title professionals
The American Land Title Association, which represents more than 6,400 title insurance companies, title and settlement agents, independent abstractors, title searchers and real estate attorneys, announced it will hold its ALTA ONE event virtually for the first time. The association
Stewart Title hits growth spurt with recent addition of 600 employees
HousingWire spoke to Stewart Title CEO Fred Eppinger about the company’s new focus on growth, recent strategic moves and how it’s reframing the way it does business. HousingWire: What inspired the current brand refresh for Stewart? Fred Eppinger: Stewart was
Jornaya’s Mike Eshelman to speak at HousingWire Annual Oct. 8
Consumer attitudes have changed significantly since the onset of the pandemic, and companies that are dealing with outdated perspectives — anything before March — are going to find it hard to connect. That’s why we’ve invited Mike Eshelman, head of consumer finance
Home-price index gains the most since 2018
The S&P CoreLogic Case-Shiller index of home prices in 20 U.S. cities gained 3.9% in July from a year ago, the biggest advance since 2018, as rock-bottom mortgage rates made it possible for people to bid higher for properties. The
Making every loan a green loan
In August, a group of distinguished climate scientists from the United Kingdom released a report indicating that over 28 trillion tons of ice had melted and disappeared from the earth’s surface since 1994. This is important because it reinforced predictions
Strong Home Prices Expected to Continue Through at Least 2021, But Economic Uncertainty is Clouding Long-Term Outlook
Housing experts and economists have grown more bullish on the housing market in the near term, but expect economic headwinds to persist, dampening the long-term outlook, a new survey shows Go to Source Author:
Federal regulators finalize appraisal and capital liquidity rules
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency finalized two rules on Tuesday that were initiated in the early days of the COVID-19 pandemic. These
New Forecast Sees Sales Peak This Fall, Stay Above Pre-Pandemic Levels Through the Coming Year
This Zillow Weekly Market Report includes a forecast by Zillow economists and housing market data through the week ending Sept. 19 Go to Source Author:
Startup profile: Arturo
Taken from the September issue of HousingWire Magazine, Arturo is an artificial intelligence property analytics company looking to improve decision making. The company launched in 2018 and has already expanded to the U.S., Canada, Australia and New Zealand, with expansion
Consumer confidence posts biggest surge in 17 years
Consumer confidence, a key measure in gauging whether people are willing to make big-ticket purchases like homes, surged the most in more than 17 years during September, surpassing the expectations of economists. The gauge rose to 101.8, the highest level
San Francisco Bay Area Real Estate Market Overview 2020
This article has been updated to reflect recent changes in the San Francisco housing market. San Francisco consistently ranks among the most expensive real estate markets in the world, and it is one of the most densely populated cities in
