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The COVID-19 pandemic impacted the housing market like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse. That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends. When the pandemic began in the spring of 2020, wealthy residents of urban centers like New York City and San Francisco packed their bags for rural areas and small to
The CoreLogic has released the Home Price Index (HPI) and HPI Forecast for September 2024. In September, the annual growth rate of U.S. home prices slowed to 3.4%. After months of moderate monthly losses, property prices recovered to register a very minor rise (0.02%) when compared to the previous month. All things considered, since late summer, home prices have remained largely unchanged.
In efforts to escape “sky-high real estate prices” and rising costs of living, California residents are favoring Arizona as a top relocation destination behind only Texas. That’s according to a report released Monday by StorageCafe , a national marketplace for storage space and an affiliate of real estate data provider Yardi. The report reviewed U.S.
U.S. home prices increased 0.2% in September compared with October and were up 3.4% compared with September 2023, according to CoreLogic. It was the slowest growth rate for home prices nationally in over a year, CoreLogic says in its latest home price index report. Currently, the firm is predicting that home price growth will slow to 2.3% by the same time next year.
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. A new report from the National Association of Realtors (NAR) surveyed buyers and sellers on what they want from their real estate agents.
A time adjustment is needed because all our sales data is historical. A sale price 6 months ago cannot be properly reflected in today’s dollars. Two parts. Two components. Two reasons: The value of the dollar has changed. The competing market price level has changed. Editor’s Note: This blog is part 3 on the Time […] The post Time for Time Adjustment?
A time adjustment is needed because all our sales data is historical. A sale price 6 months ago cannot be properly reflected in today’s dollars. Two parts. Two components. Two reasons: The value of the dollar has changed. The competing market price level has changed. Editor’s Note: This blog is part 3 on the Time […] The post Time for Time Adjustment?
As the cost of buying a home has risen faster than the cost of renting for the past four quarters, it’s no surprise that renter households are witnessing more growth than their owner-occupied counterparts. The surge in renter households is outpacing the growth of homeowners in the U.S., as there are now a record 45.6 million renters. That was up 2.7% year over year, according to a new Redfin report.
Fathom Holdings , the parent company of Fathom Realty , is expanding its footprint in Arizona. The firm announced Monday that it had acquired Scottsdale-based My Home Group , adding more than 2,200 agents to its headcount. The financial terms of the deal were not disclosed, but the company will be discussing the acquisition on its third-quarter earnings call on Thursday, according to its announcement.
Watch the conversation with Zillow CEO Jeremy Wacksman as he explains why savvy shoppers are better for agents, and why private listing networks are “just bad.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity. As a result, loanDepot is retiring its Vision 2025 strategic plan, which began in July 2022 to help the company reduce its non-volume expenses by more than $730 million.
In a planned transition, Sean Dugan is to assume the role of CEO for Dark Matter Technologies effective April 2025. Dugan currently holds the role of chief revenue officer at the mortgage software firm, which provides the Empower loan origination platform. Current CEO Rich Gagliano will serve as executive chairman. Gagliano launched Dark Matter in 2023 following over a decade of leadership at its predecessor, Black Knight Origination Technologies.
The removal of offers of buyer broker compensation from most MLSs across the country — as mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement — was a massive change for real estate agents and brokers. But they aren’t the only housing professionals impacted by these changes. Real estate appraisers also rely on MLS data, including information about buyer broker compensation and seller concessions, in order to accurately appraise properties for homebuyers
The virtual brokerage argued Tuesday that it's settlement wasn't too small, and asked a court to reject attempts to force it back to the negotiating table.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Onity Group , the recently rebranded parent company of top-10 lender Liberty Reverse Mortgage , posted improved earnings results in the third quarter of the year — with particular attention given to the profitability of its forward and reverse mortgage servicing segments. Onity CEO Glen Messina led the Tuesday morning earnings call by saying that the company recorded its “highest adjusted pretax income and return on equity in the last three years,” which came in at $35 million.
Credit rating agency Fitch announced this week that its long-term issuer default rating for Finance of America was downgraded to “restricted default” status following its recently publicized debt exchange plan. The rating was then upgraded to “CCC” following the completion of the exchange agreement. Fitch explained its rationale for the whipsaw of ratings by characterizing FOA’s move as a “distressed debt exchange.
Trade group says plaintiffs' complaint over "compulsory" Realtor membership to access the MLS is "nothing more than a desire to have membership benefits without membership.
Private fixed investment in student dormitories increased by 2.2% to a seasonally adjusted annual rate (SAAR) of $3.9 billion in the third quarter of 2024. This rise follows a 7% decrease in the prior quarter. However, private fixed investment in dorms was 1.8% lower than a year ago, as the elevated interest rates place a.
Beleaguered lender ekes out $2.67 million third quarter profit, with loan originations up 9 percent from a year ago as refinancings bounce back on retreat in rates.
The real estate market is constantly evolving, and savvy homeowners are always looking for ways to maximize their home's value. One of the most effective strategies for increasing a home's appeal and ultimately its price tag is through smart remodeling. As we head into 2025, several key trends are emerging that will impact home value and attract buyers seeking modern and desirable features.
Judge Stephen R. Bough, who ruled on Sitzer | Burnett, said Gibson deals "provide a significant financial recovery to the Settlement Class in light of the strengths and weaknesses of the case.
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The sequel to the 2015 "DANGER Report" details 20 opportunities in a changing industry. In the first of a 2-part series, Carl Medford applies its findings to agents, teams and brokerages.
The choice to create the life and business you desire, coaches Melanie Klein and Emily Bossert write, one aligned with your values, is fortified and strengthened through your commitment to yourself.
Angela Harkins Mentioned in Recent HousingWire Article November 4, 2024 – Lam acchia Realty Salem REALTOR®, Angela Harkins , was recently mentioned in a new article by HousingWire. This article was written by real estate reporter, Brooklee Han, who discusses her positive experience working with Angela when purchasing her first home in southern New Hampshire post-settlement.
Across 10 states, ballot measures ask voters to weigh in on changes to property taxes, veterans benefits and more. One even considers whether or not to abolish property taxes altogether.
From the pristine cleanliness of the home to the personalized touches that make buyers feel welcome, Darryl Davis writes, small efforts can lead to big results.
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