News

After serving 13 years in the military, retired U.S. Marine Corps Staff Sergeant Clint Myatt was surprised to receive a new home just in time for the holidays.  The joy Myatt felt when he heard he was getting a house

Judd Hoffman has been hired as chief executive officer for Proper Title LLC, an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. And they’re in expansion mode. Hoffman was formerly “chief transformation officer” for States Title

Portland, Maine, has emerged as a popular destination for current homeowners and prospective buyers looking to move out of metro areas into more spacious secondary cities. A recent report from Redfin showed that 14.9% of movers leaving Boston, Mass. were

Wells Fargo agreed to pay $95.7 million to more than 5,300 home mortgage consultants to resolve a pair of class-action legal claims that allege wage-and-hour violations in California, according to the settlement agreement in federal court. The deal will provide $62.8

HomeServices of America Inc. reigned supreme as the largest residential brokerage in America by transaction sides last year, according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly

The median home sale price increased 16% year-over-year to $331,590 – an all-time high, per a report this week from Redfin. But that’s not stopping buyers from snatching up homes days after they’re listed. During a four-week period ending March

A 40-plus basis point rise in mortgage rates over the past month resulted in approximately 7 million high-quality refi candidates who are no longer able to lock “forever rates,” according to a recent report from Black Knight. On Feb.11, the

RE/MAX has been around for almost half a century, and the company with the red balloons spent their annual convention, held this week in Orlando and virtually, making the case for their continued relevancy. Nick Bailey, courtesy of RE/MAX. Nick

Rocket Companies chairman Dan Gilbert is making another massive investment in Detroit. The billionaire mortgage mogul’s family foundation and Rocket’s community fund on Thursday announced a combined $500 million philanthropic investment in Detroit neighborhoods over the next decade. The Gilbert

Private mortgage insurance helped over 2 million low downpayment borrowers secure mortgage financing in 2020, a 53% increase from 2019, according to data from the government sponsored entities. The private mortgage insurance industry also supported $600 billion in mortgage originations.

A fury of iBuyer expansion hit the industry this week, with Redfin and Opendoor announcing new locations and Offerpad announcing Thursday it will go public. RedfinNow, the iBuying platform of Redfin, has expanded into the Baltimore – Washington D.C. area.

Coldwell Banker Advantage Coldwell Banker Advantage is headquartered in Raleigh, NC with more than 20 offices servicing the state. Laurie Donofrio is the Chief Technology Office at Coldwell Banker Advantage, and will join us for a conversation about how her

National homebuilder Lennar Corp. plans to spin off all its non-core businesses to become a pure-play homebuilder and financial services company, the company announced on Wednesday. In an earnings call this week, Lennar executive chairman Stuart Miller said the move

The current demand for capacity is forcing everyone in the industry to pick and choose what projects they work on, what products they use, and – most importantly – how their employees are utilized. There are conversations taking place right

A growing chorus of mortgage industry observers believe the final week of February might have been the last hurrah for sub-3% mortgage rates. And the proof is in the refi pudding. With mortgage rates making their ascension, many late-to-the-game homeowners