Builders are shifting their focus to smaller, taller, and off-site homes as a response to high interest rates, financing costs and softer home buying demand, Zillow economist Orphe Divounguy said in a recent blog post. An analysis of the Census Bureau‘s Survey of Construction 2022 microdata showed that builders started
New home sales among the “50 Top-Selling Master-Planned Communities” increased by 7% in the first half of 2023 compared to the same period in 2022, according to a study by RCLCO Real Estate Consulting. Master-planned communities have been gaining steam since their invention in the 1960s. Usually built by one developer, they
What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? “Mindset is everything. More critical than training on skills is training on having a strong mindset,” said Matt Weaver. Weaver is the No. 1 LO in the U.S. for purchase mortgage origination, and
U.S. counties most prone to flooding saw 384,000 more people move into them than out of them over the past two years, a 103% increase during that time. Similar trends are being observed in areas prone to wildfires and excessive heat as home prices have remained generally elevated well after
The uptick in home sales during the second quarter of 2023 helped Anywhere Real Estate get back in the black. After posting a net loss of $138 million in Q1 2023, the real estate conglomerate rebounded to report $19 million in net income for the second quarter. Although this figure
U.S. house prices rose slightly in May, up 0.7% from April, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). On a year-over-year basis, prices rose 2.8% from May 2022 to May 2023. But that only tells part of the story. “U.S. house prices
Home prices showed resilience in May as buyers took advantage of the relatively lower rates during that month, keeping the pressure on available inventory. The S&P CoreLogic Case-Shiller home price index posted a 0.7% month-over-month increase after a seasonal adjustment in May — marking the fourth consecutive monthly increase. The
Just the term ‘baby boomer’ is sure to elicit a reaction, particularly from those in younger generations. Jealousy? Maybe because those born from 1946 to 1964 hold over half of all wealth in the U.S., and they own a comparable share of residential real estate. Contrast those trends with millennials,
F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. “There’s about 8,500 fix-and-flip mortgage lenders in the U.S. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of
HousingWire recently spoke with Matic CEO and co-founder Ben Madick about the changing home insurance market, how it impacts mortgage lenders and homeowners, and why lenders should pay attention. HousingWire: What is the current home insurance market like? Ben Madick: The home insurance market is experiencing unprecedented volatility, which has
Your job in real estate is to be a problem solver. There is no greater problem for a motivated seller than figuring out why their home didn’t sell! You are a real estate professional, they have a home to sell. It makes a lot of sense for you to be
A new integration between FirstClose and Calyx Software looks to speed the origination and closing of HELOCs and home equity loans. FirstClose’s home equity settlement services ordering module within FirstClose Equity is now integrated with Calyx Software’s Point loan origination system (LOS). The integration allows Point users to originate and
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial