Jul 29, 2021 via cnbc.com China's tech crackdown may have triggered shockwaves across stock markets, but it's real estate that's sparking concerns in Asia's credit markets, BlackRock said.
Jul 29, 2021 via cnbc.com Rent controls are becoming increasingly popular in many European nations, but experts note they can even scare investors away.
Jul 29, 2021 via redfin.com 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 the best sound quality, there is a lot that goes into creating a podcast room … Creating a Podcast Room? 10 Expert Tips to Help You Get Started Read More >> The post Creating a Podcast Room? 10 Expert Tips to Help You Get Started appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Jul 28, 2021 via housingwire.com There is no excerpt because this is a protected post. The post Protected: You're living the dream - what's next? appeared first on HousingWire.
Jul 28, 2021 via housingwire.com There is no excerpt because this is a protected post. The post Protected: Things to consider when shopping for a home appeared first on HousingWire.
Jul 28, 2021 via housingwire.com There is no excerpt because this is a protected post. The post Protected: Homeownership Summit 2021 appeared first on HousingWire.
Jul 28, 2021 via housingwire.com An Oakland woman claims an appraiser and two mortgage lenders violated federal anti-discrimination laws after an appraiser allegedly undervalued her home by $400,000 due to her race The post Oakland homeowner alleges appraiser bias appeared first on HousingWire.
Jul 28, 2021 via housingwire.com Blend has launched Blend Impact, a program focused on increasing equity in housing and financial services with Blend's nonprofit partners. The post Blend launches housing equity program appeared first on HousingWire.
Jul 28, 2021 via cnbc.com Ten million or more Americans are behind on rent, with the national eviction ban about to expire. CNBC spoke with housing expert Emily Benfer about the crisis.
Jul 28, 2021 via cnbc.com The Fed's near-zero rate policy can help some Americans get a leg up, especially if they can refinance high-interest debt or take out a low-interest loan.
Jul 28, 2021 via housingwire.com David Stevens writes: A 250% risk weighting applied to Ginnie Mae MSRs would instantly devalue the entire existing global balance sheet. The post Why is Ginnie Mae attacking nonbanks? appeared first on HousingWire.
Jul 28, 2021 via housingwire.com RentPath, a Redfin company, has appointed former ParkMobile CEO Jon Ziglar as chief executive officer, effective August 16. The post Redfin-owned firm RentPath names new CEO appeared first on HousingWire.
Jul 28, 2021 via housingwire.com While the role and future of the real estate transaction process for a homebuyer are lively debated, we need to have more dialogue on how brokerages can capture the most important stakeholder of all: The homebuyer. Let's dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured and more at-bats are won. The post The homebuyer journey is changing – So should you appeared first on HousingWire.
Jul 28, 2021 via housingwire.com Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. The post Keller Williams launches KW New Homes Community appeared first on HousingWire.
Jul 28, 2021 via cnbc.com Applications to refinance a home loan jumped 9% last week from the previous week, according to the Mortgage Bankers Association.
Jul 28, 2021 via housingwire.com Mortgage applications last week jumped overall due to historically low mortgage rates, but sky-high home prices are depressing the purchase market The post Mortgage applications jump as rates plummet appeared first on HousingWire.
Jul 28, 2021 via housingwire.com LBA Ware found that LO commissions fell 6% year-over-year in the second quarter of 2021, with refis dropping to 92 bps from 99 bps The post LO commissions take a hit as refi volume slumps appeared first on HousingWire.
Jul 27, 2021 via housingwire.com Big Four title insurer Stewart Title has acquired Title First Agency, which is licensed in 34 states and headquartered in Westerville, Ohio. The post Stewart bolsters Midwest presence with acquisition appeared first on HousingWire.
Jul 27, 2021 via zillow.com The forces that have propelled home price growth to new highs over the past year remain in place and are offering little evidence of abating. The post May 2021 Case-Shiller Results & Forecast: Growth Continues Climb appeared first on Zillow Research.
Jul 27, 2021 via housingwire.com Foreign buyers purchased $54.4 billion worth of U.S. existing homes from April 2020 through March 2021, a 27% decrease from the previous 12-month period The post Foreign buyers are avoiding American homes: NAR appeared first on HousingWire.
Jul 27, 2021 via housingwire.com Home prices continue to accelerate in May, with the strongest gains occurring on the west coast, in Phoenix, San Diego and Seattle The post Home prices explode on the West Coast appeared first on HousingWire.
Jul 27, 2021 via housingwire.com eXp World Holdings, Inc., the holding company for eXp Realty announced that it has exceeded 60,000 agents globally. This represents a year-over-year increase of 85% when compared to 32,403 agents in July 2020. The post eXp Realty almost doubles agent count appeared first on HousingWire.
Jul 27, 2021 via cnbc.com Home prices were 16.6% higher than in May 2020, the highest reading in the S&P CoreLogic Case-Shiller report's 30-plus years.
Jul 26, 2021 via housingwire.com Favorable demographics should keep the housing market ticking. But watch for home prices escalating out of control and rates moving up sharply, writes columnist Logan Mohtashami. HW+ Premium Content The post Are we back to a normal housing market? appeared first on HousingWire.
Jul 26, 2021 via cnbc.com Consumers have reported losing more than $500 million to Covid-related fraud since the beginning of 2020, according to the Federal Trade Commission.
Jul 26, 2021 via housingwire.com Nearly 16% of overall forbearance exits represented borrowers who did not make all of their monthly payments & exited forbearance without a loss mitigation plan in place The post Fannie & Freddie forbearances drop to 1.81% appeared first on HousingWire.
Jul 26, 2021 via redfin.com The average cost of selling a home in the US is approximately 10 - 15 percent of the sale price. This includes getting the house ready to list, the cost to hire movers, the real estate agent commission and fees, and the cost to address any necessary repairs. Learn more specifically how much it might cost you before you list your home for sale. The post How Much Does It Cost to Sell a House? appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Jul 26, 2021 via housingwire.com Kenneth Farmer has been named regional underwriting counsel for First American Title Insurance Co's gulf coast, the company announced. The post First American names new Gulf Coast counsel appeared first on HousingWire.
Jul 26, 2021 via redfin.com If you live in a fire-prone area, it's likely your homeowner's insurance will cover damages from wildfires. Find out what policies typically cover or if you need a separate wildfire insurance policy. The post What Does Homeowners Insurance Typically Cover in Fire-Prone Areas? appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Jul 26, 2021 via cnbc.com Sales of U.S. homes to foreign buyers fell by 31% from April 2020 to March 2021, according to the National Association of Realtors.
Jul 26, 2021 via zillow.com The sharp monthly decline in new home sales in June was the latest indication that supply-side constraints are limiting new home construction. The post June New Home Sales: Scaling Back appeared first on Zillow Research.
Jul 26, 2021 via cnbc.com After a year of frenzied buying and price gains in the double digits, newly built homes are now out of reach for much of the demand that remains in the market.
Jul 26, 2021 via housingwire.com New home sales continued to slip in June, falling 6.6% from May to a pace of only 676,000, per a recent study from the U.S. Census. The post New home sales dip for third consecutive month appeared first on HousingWire.
Jul 26, 2021 via themortgagereports.com A new mortgage relief plan from President Biden will reduce mortgage payments by 20 to 25 percent for eligible borrowers. Learn about relief options here.
Jul 23, 2021 via redfin.com The 2020 Summer Olympics are finally here. As you cheer on your favorite athletes, consider moving to these 3 US locations that were once Summer Olympic host cities. The post Go for Gold USA: 3 US Summer Olympic Games Host Cities You Can Move To appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Jul 23, 2021 via housingwire.com Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Here are three ways one lender is working with borrowers in different circumstances, creating opportunities to open up inventory. The post 3 solutions to a gridlocked housing market appeared first on HousingWire.
Jul 23, 2021 via zillow.com Home construction activity improved last month, but a decline in permits suggests that builders are being hampered by supply-side constraints. The post Zillow Market Pulse: July 23, 2021 appeared first on Zillow Research.
Jul 23, 2021 via housingwire.com Two dozen industry groups have joined forces to oppose any plan to raise Freddie Mac and Fannie Mae guarantee fees to pay for an infrastructure package. The post Industry to Congress: G-fees aren't your "piggybank" appeared first on HousingWire.
Jul 23, 2021 via cnbc.com Millions of Americans could face eviction when the national moratorium expires on July 31. Here are steps they should take to try to protect themselves.
Jul 23, 2021 via cnbc.com Carbon capture is becoming increasingly popular among investors, and these companies are at the forefront.
Jul 23, 2021 via themortgagereports.com Mortgage rates should continue holding low in August 2021. But economic news could bring surprise rate movements. Advice, predictions, and your next steps.
Jul 22, 2021 via housingwire.com As regulatory oversight of cryptocurrency looms, Solidus Labs has appointed former CFPB director Kathy Kraninger to grease the wheels. The post Crypto firm names Kraninger top lobbyist appeared first on HousingWire.
Jul 22, 2021 via housingwire.com Americans are buying more homes with mortgages in the years 2020-2021 than any single year from 2008-2019. The years 2022-2023 will be the sweet spot years because ages 30 to 31 will make up the biggest age group in history. HW+ Premium Content. The post Existing home sales show strength of demographics appeared first on HousingWire.
Jul 22, 2021 via housingwire.com Freddie Mac announced today that Jerry Mauricio, who has served as the entity's chief compliance officer since January 2021, will transition to the permanent role. The post Freddie Mac names Mauricio chief compliance officer appeared first on HousingWire.
Jul 22, 2021 via redfin.com 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 in the same real estate transaction. This is known as dual agency. A dual agent … What is Dual Agency and How Does it Work? Read More >> The post What is Dual Agency and How Does it Work? appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Jul 22, 2021 via redfin.com Before you dive into those outdoor projects like a garage addition, fence, pool, or landscaping upgrades, the wise homeowner will take a step back to find property lines. Avoid issues with property lines with these 12 easy ways to find them. The post How to Find Your Property Lines: Fast, Easy, and Precise appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Jul 22, 2021 via cnbc.com With record amounts of home equity on hand, homeowners may be able to lower their monthly payments, take cash out -- or all of the above.
Jul 22, 2021 via cnbc.com After four straight months of declines, sales of previously owned homes rose 1.4% in June month-to-month.
Jul 22, 2021 via zillow.com June's small bump in existing home sales is welcome news for the housing market after four straight monthly declines. The post June Existing Home Sales: A Return to Growth appeared first on Zillow Research.
Jul 22, 2021 via housingwire.com The average 30-year fixed-rate mortgage sank further after three weeks of declines to 2.78%, according to mortgage rates data released Thursday by Freddie Mac's PMMS. The post Variant scare causes mortgage rates to fall to 2.78% appeared first on HousingWire.
A weighted, repeat-sales index which measures average price changes on the same properties for single-family homes whose mortgages go through Fannie Mae or Freddie Mac.
Latest: 277.37 (August 2019), MoM change: +0.17%, YoY change: +4.61%
Source: Federal Housing Finance Agency
Median Sale Price Latest: $387,000 (June 2021), MoM change: +2.93%, YoY change: +24.84%
Source: Redfin.com
Median Price Per Square Foot Latest: $207 (June 2021), MoM change: +1.97%, YoY change: +27.78%
Source: Redfin.com
Latest: 102.58% (June 2021), MoM change: +0.37%, YoY change: +3.93%
Source: Redfin.com
Latest: 56.38% (June 2021), MoM change: +5.27%, YoY change: +110.12%
Source: Redfin.com
Price Drops Latest: 10.06% (June 2021), MoM change: +32.25%, YoY change: -18.12%
Source: Redfin.com
Only includes first-lien prime conventional conforming home purchase mortgages with a loan-to-value of 80 percent. For the past several decades, more than half of consumers choose 30-year, fixed-rate mortgages.
Rate Latest: 2.98% (June 2021), MoM change: +0.68%, YoY change: -5.70%
Points Latest: 0.70% (June 2021), MoM change: 0.00%, YoY change: -12.50%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS)
Active Listings Latest: 757,663 (June 2021), MoM change: +2.47%, YoY change: -39.59%
New Listings Latest: 776,291 (June 2021), MoM change: +6.18%, YoY change: +8.01%
Home Sales Latest: 717,474 (June 2021), MoM change: +13.77%, YoY change: +20.55%
Source: Redfin.com
Latest: 1.06 (June 2021), MoM change: -9.93%, YoY change: -49.89%
Source: Redfin.com
Median Days On Market Latest: 14 (June 2021), MoM change: -12.50%, YoY change: -64.10%
Source: Redfin.com
Only includes new, privately owned housing units in roughly 20,000 permit issuing places in the U.S. According to the Census Bureau, permit issuing places account for 98% of new construction. The data is not seasonally adjusted.
Latest: 154,500 (June 2021), MoM change: +8.57%, YoY change: +21.46%
Source: U.S. Census Bureau
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