The U.S. Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. One measure is targeted specifically for the island of Maui — which endured a devastating wildfire last year that destroyed the town of Lahaina — while the other is designed to expand […]
In early 2022, real estate listing giant Zillow began discussing its visions for a “Housing Super App.” After initial confusion and skepticism over the app, Zillow’s vision has slowly become clearer. On Tuesday, roughly two years since Zillow first announced it, the firm’s CEO and co-founder Rich Barton said the Super App is here. “It’s […]
In January, the number of properties with a foreclosure filing inched up on both a monthly and a yearly basis, according to a report released Tuesday by Attom Data. In total, 33,270 U.S. properties received a default notice, were scheduled for auction or were undergoing bank repossession last month, up 10% from December and up […]
Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group, better known as The Hartford, announced Wednesday that
Mortgage rates stabilized in the past week but remain close to the narrow range observed since the start of this month. The 30-year fixed-rate mortgage
If you’re a new broker or team leader you might not realize just how competitive recruiting was in 2023. The data are sobering: The Agent
Editor in Chief Sarah Wheeler sat down with Matt VanFossen, CEO of Absolute Home Mortgage and Mortgage Automation Technologies, to talk about his unique view
The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on Thursday that focused on the reauthorization of the National Flood Insurance
People say that housing leads the economy into a recession: this is true when new home sales and housing permits fall together. When that happens,
Data from research organizations and aging advocacy groups is clear: More older Americans want to age in place in their own homes, as opposed to living in dedicated care facilities. To get a better grasp on this preference, Chicago-based National Public Radio (NPR) affiliate station WBEZ recently featured a dedicated
Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group, better known as The Hartford, announced Wednesday that it would no longer issue new homeowners insurance policies in California starting in February 2024. The firm noted that this change would also impact The
Mortgage rates stabilized in the past week but remain close to the narrow range observed since the start of this month. The 30-year fixed-rate mortgage averaged 6.69% as of Jan. 25, an increase from last week’s figure of 6.60%, according to Freddie Mac’s Primary Mortgage Market Survey released on Thursday.
If you’re a new broker or team leader you might not realize just how competitive recruiting was in 2023. The data are sobering: The Agent Movement Index, the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. Throw in the recent explosion of boutique
Editor in Chief Sarah Wheeler sat down with Matt VanFossen, CEO of Absolute Home Mortgage and Mortgage Automation Technologies, to talk about his unique view of the housing ecosystem and how it influences how he builds technology. Van Fossen not only heads a mortgage lender and a tech company, but
The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on Thursday that focused on the reauthorization of the National Flood Insurance Program (NFIP), showing that its bipartisan support is generally intact. But senators also expressed concerns about affordability after a new ratings methodology led to higher