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On Thursday, Google marked the one-year anniversary of its Bay Area housing commitment with an update on its progress. So far, Google said that its Housing Trust has invested these funds in six projects throughout the Bay Area, and plans

Electric car giant Tesla unveiled plans this week to build a $1.1 billion factory in Austin. Rumors had swirled for months prior that it might be happening, but this week, the news became official. In building the factory on some

LBA Ware has named Brian Jordan as its director of product management. Jordan has 13 years of experience in global data aggregation and analytics firms, serving the banking and financial services sectors. Prior to LBA Ware, Jordan was a lead

Calling all 2020 Vanguards: You’re at the top of your field, leading the housing industry to new heights. Many have already heard of you because you are making your mark through innovation, strong leadership and a drive to make the

This week, the National Association of Realtors reported the most significant month-to-month increase in existing home sales ever recorded. Logan MohtashamiLead Analyst While this has to be taken in the context of the COVID-19-induced depression, the housing market has been

Home sellers gained on average a $75,971 profit on a typical sale in the second quarter of 2020, according to a U.S home sales report from ATTOM Data Solutions. Up from $65,250 in the first quarter, home sellers experienced a

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. Fintech startup Brex, which is building out a bank alternative for startups, announced today the addition of

As the $600 COVID-19 unemployment bonus comes to an end this month, many people will be left not knowing how they will pay their bills. In anticipation of that, the City of Austin, Texas, on Tuesday announced the rollout of

Single-family rent growth slowed in May, according to CoreLogic. The annualized increase in rent slowed to 1.7%, the smallest gain in nearly a decade, down from 2.9% a year ago, according to the CoreLogic Single-Family Rent Index. Leading up to

With great power comes great responsibility – and the independent mortgage broker community is steadily increasing its leverage within the mortgage industry.   Mortgage brokers have created outstanding momentum over the last few years, making up roughly 20% of the overall

Mortgage and real estate associations have long served as a backbone for their members, with the COVID-19 pandemic only reaffirming this support as members mobilized quickly to provide COVID-19 relief. As their members quickly took action to donate supplies, money

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. The competition in the home insurance space continues to heat up. On the same day that insurtech

DIY landlord and renter platform Avail announced Wednesday that it raised $4.2 million in a Series A round of funding, led by St. Louis-based venture capital firm Cultivation Capital. The company said the funding will go toward accelerating its position

U.S. existing-home sales rose 21% in June, the biggest monthly gain on record, according to the National Association of Realtors. Sales of single-family homes, townhomes, condominiums, and co-ops rose to a seasonally adjusted 4.72 million at an annual pace after

U.S. home prices gained 4.9% in May from a year earlier as low mortgage rates and a shortage of listings boosted competition for properties and kept values growing even amid the COVID-19 pandemic. The pace was lower than the annualized

As mortgage forbearances dropped from 8.55% to 7.8% in the past five weeks, forbearances that received extensions jumped from 6.52% to 48.06%. Is this a sign of trouble for homeowners and the economy? Let’s examine what’s driving this trend, key