Existing Home Sales Dipped in December
Closing the books on 2021, The National Association of Realtors (NAR) has reported that, during the month of December, existing-home sales declined 4.6% from November, to a seasonally adjusted annualized rate of 6.18 million, snapping a three-month streak of [...]
Race to Develop Built-to-Rent Homes Accelerating
Some 90,000 existing single-family homes in the United States in nearly 720 such communities are designed specifically for renting. The post Race to Develop Built-to-Rent Homes Accelerating appeared first on [...]
Wells Fargo Names New Chief Revenue Officer
Wells Fargo announced today that Derek Flowers has been appointed the company’s Chief Risk Officer, effective immediately. Flowers will lead all aspects of Wells Fargo’s Independent Risk Management function, including compliance risk management. He will [...]
Examining Climate’s Impact on Migration
A new study has found that more are factoring natural disasters in their decision-making process when it comes to moving. The post Examining Climate’s Impact on Migration appeared first on [...]
Housing Market Drops, Still Up 5% Year Over Year
First American Financial Corporation released their proprietary Potential Home Sales Model for December 2021. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, [...]
Consigliera Founder Named Sagent Chief Product Officer
Mortgage veteran and former DS News Editorial Advisory Board member Courtney Thompson to help deliver consumer simplicity without compromising depth for servicers while leading and expanding product development. The post [...]
Senior Home Equity Boomed in Q3
Senior citizens are in a great position in the real estate market at the moment as the latest research shows that their housing wealth grew $396.1 billion to $10.1 trillion during the third quarter of 2021, largely mirroring the meteoric growth seen by the market as [...]
Forbearance Exits Continue to Rise
The number of homeowners in forbearance plans fell further in December, as the MBA estimates that just 705,000 U.S. homeowners are currently in some stage of forbearance. The post Forbearance [...]
Investor Impact: Record Rent Price Growth for Single-Family Homes
CoreLogic released its latest Single-Family Rent Index, which analyzes single-family rent price changes nationally and across major metro areas. November 2021 data shows a national rent increase of 11.5% year over [...]