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Mortgage Bankers Association Taps Laura Escobar as Chair for 2025

Appraisal Buzz

Escobar joined Lennar Mortgage in 2002 as branch manager. Representing the real estate finance industry as MBA Chair is truly one of the greatest honors of my career,” Escobar says in a statement. She has served as president of Lennar Mortgage, the mortgage lending subsidiary of Lennar Corp., since 2018.

Mortgage 195
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Donald R. Horton, founder of the largest U.S. homebuilder, dies

Housing Wire

Horton, who was involved in the real estate and homebuilding industries since 1972, served as chairman of D.R. Over the years, he traveled extensively to its field operations, maintained a culture of family and care, and developed initiatives that focused on employees and their families, the company said. since 2002.

Inventory 448
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Kofi Nartey brings his team to The Real Brokerage

Housing Wire

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. In his new position, he will help build visibility for the brand, attract more agents as well as drive agent’s performance through coaching and development. “I

Brokerage 370
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People movers: Notarize, RE/MAX and Planet Home Lending

Housing Wire

For the last 16 years, the brokerage ranked as Northern Nevada’s highest-producing real estate office by agent activity. Lessinger is a founding principal and broker/owner of RE/MAX Realty in Nevada, having built a team of 130 agents in three offices over the span of 22 years.

Lending 410
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Are new home sales flagging a recession?

Housing Wire

Census Bureau and the Department of Housing and Urban Development. As you can see, sales levels were never elevated like what we saw from 2002-2005. This housing cycle is and will always be based on real demand, versus the credit boom we saw from 2002 to 2005. This is 16.6 percent (±10.4 percent (±13.7

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New home sales make it clear: Housing is in a recession

Housing Wire

Builders learned their lesson in the mid-2000s and understand that it is not in their best interst to create more residential real estate beyond the standard demand curve. Census Bureau and the Department of Housing and Urban Development. . “I don’t expect a boom in housing construction. percent (±15.0 percent (±11.6

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Builders only have 76,000 completed new homes for sale

Housing Wire

Census Bureau and the Department of Housing and Urban Development. As we can see in the chart below, sales levels aren’t exactly booming like they were from 2002-2005. percent (±15.6 percent)* below the revised July rate of 739,000, but is 5.8 percent (±21.1 percent)* above the August 2022 estimate of 638,000.

Inventory 524