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Real Estate News Daily and Industry Analysis from …

Details: Real Estate. HousingWire’s Real Estate News coverage focuses on the top information that agents, teams and brokerages need to know. From the impact of low housing inventory on the market to the

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Housing Market News and Forecast from Industry Experts at …

Details: The Latest Market Trends. March 2022 – HousingWire Lead Analyst Logan Mohtashami sums up the current market best, saying, “This housing market isn’t driven by FOMO (Fear Of Missing Out) or

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Pros and cons of buying out-of-state rental property in 2022

Details: Diversifying your real estate investments across multiple markets is a great way to manage your risk of loss and your chance of significant profits. …

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Affordable Housing News and Developments from …

Details: Amazon commits $10.6M to affordable housing in Nashville. May 05, 2022By Connie Kim. Amazon is committing $10.6 million to build and renovate 130 affordable homes in Nashville, Tennessee.

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Almost 45% of homeowners are now equity rich

Details: Mortgage Real Estate Almost 45% of homeowners are now equity rich. Latest trend on home equity is good news for homeowners, challenging for first time buyers May 12, 2022, 1:48 pm By Connie Kim.

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Finding opportunity in this real estate market

Details: On today’s episode, Editor in Chief Sarah Wheeler talks with Editorial Director Tracey Velt about how real estate brokers and agents who have been through down cycles before see opportunity in

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Logan Mohtashami on rates and housing prices

Details: Hosted by the journalists behind the headlines, HousingWire Daily examines the most compelling mortgage, real estate, and fintech …

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Investors spent a record $63B to buy homes in Q3

Details: November 15, 2021, 3:22 pm By Flávia Furlan Nunes. Real estate investors spent a record $63.6 billion to purchase homes in the third quarter, up 78% from a year earlier, with an intense housing

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Here are 4 macro trends impacting the 2022 housing market

Details: The new 2022 houing market environment. The new market environment expected in 2022 is underpinned by four macro trends in the economy: A tight labor market with rising wages and significant

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The activities RESPA allows real estate agents to perform

Details: March 21, 2022, 10:47 am By Lyle Solomon. Most real estate professionals understand that the Real Estate Settlement and Procedures Act (RESPA) was created keeping customers in mind. The Consumer

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Ryan Serhant to headline HousingWire Annual in October

Details: March 28, 2022, 12:37 pm By Sarah Wheeler. Ryan Serhant, founder of real estate brokerage SERHANT., will headline HousingWire Annual Oct. 3-5 in Scottsdale, Arizona. Serhant launched his namesake

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The evolution of the more productive real estate agent

Details: Record Breaking Years. But while brokerages focus on finding ways to give their agents an edge in productivity, agents across the country are seeing some of their best years on record. In 2021, 6

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Mike Simonsen on leading indicators of a housing slowdown

Details: Here are four leading indicators to watch for a slowdown: 1. Rapidly rising inventory. There are 305,000 single-family homes unsold on the market this week, and inventory is climbing 4-6% each

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Tomo raises $40M Series A, hits $640M valuation

Details: Appraisals and Valuations Fintech IPO / M&A Proptech Real Estate Tomo raises $40M Series A, hits $640M valuation. March 21, 2022, 1:20 pm By Joe Burns. Share On. Click to share on Twitter (Opens

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No end in sight for Compass’s expansion into title

Details: This latest acquisition expands Compass’s title and escrow services to California, Colorado, Florida, Washington, Maryland, Virginia, Washington, D.C. and Texas. Compass first began expanding

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Purchase mortgage rates increase to 5.30%

Details: May 12, 2022, 9:52 am By Flávia Furlan Nunes. Purchase mortgage rates this week averaged 5.30%, up three basis points from a week ago, causing homeowners’ monthly payments to increase by about

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Think US home prices are high

Details: Over the weekend, I tweeted several charts, showing people the big divergence between home price growth and real disposable income in the two countries. The average home in Canada is now nearly

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Mortgage applications rise despite higher rates

Details: The refinance share of mortgage activity dropped to 32.4% of total applications, from last week’s 33.9%. “The rapid rise in mortgages rates continues to …

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The Agency swoops into New York, buys Triplemint

Details: Rainy Hake-Austin, president of The Agency, declined in an interview to say how much his firm, a private company, paid for Triplemint. But it was an all-equity transaction, The Agency said in

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MSR sales played a key role in nonbank profits in Q1

Details: Consequently, UWM recorded MSR sales of $656.7 million for Q1 2022, it’s SEC filing shows, with the $215.1 million in proceeds from the latter MSR sale expected to be reflected in UWM’s second

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homegenius offers 21st-century valuation solutions that take …

Details: With professionals from real estate agents and brokers to investors and lenders relying more and more on automation to accurately assess property data, Red Bell Real Estate, LLC, a homegenius Inc

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NFT mania and the future of the home sale

Details: February 10 may go down as a momentous day in real estate history. That’s when a 70-year-old brick home in the St. Petersburg, Florida …

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For Housing, an October to Forget

Details: According to a report from New York-based real estate data and analytics firm Radar Logic, Inc., released Tuesday morning, home prices and sales volumes decreased more in Oct. 2008 than in any

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Caliber sues CrossCountry after 80 employees left for rival

Details: Caliber, acquired by the real estate investment trust New Residential Investment Corp. in April 2021 for $1.675 billion from the hedge fund Lonestar Funds, was No. 6.

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Ken Johnson on the 2022 COVID real estate market

Details: The year 2021 is ending with the news that COVID infections are once again on the rise nationally. What this means for real estate is more of the same, said Ken Johnson, a real estate economist at

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Judge lets NAR, Zillow lawsuit proceed

Details: Real Estate Judge lets NAR, Zillow lawsuit proceed. Case claims that the powerful trade group and listings website collude to harm non-NAR members . September 3, 2021, 2:33 pm By Matthew Blake.

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'Foreclosure Abuse Prevention Act' awaits New York governor's …

Details: 2 days ago · The bill, dubbed the “Foreclosure Abuse Prevention Act,” sailed through the New York Senate in a 52-10 vote last week. In March, the assembly version of the bill passed 107-40. But individuals

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United Wholesale Mortgage Q1 profits up 89% despite lower …

Details: The company on Tuesday reported $453.2 million in profits from January to March, up 89% from $239.8 million registered in the fourth quarter of 2021. Compared to the first quarter of 2021, however

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Doma lays off 15% of work force as Q1 revenue declines

Details: During the first quarter of 2022, Doma recorded a GAAP net loss of $50.026 million, compared to a net loss of $11.8 million a year prior. In addition, the title insurer’s revenue was down 12%

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Compass nearly doubles losses in 2021

Details: Compass lost $494 million in 2021, a historically robust year for U.S. real estate, as the New York City brokerage continues to burn through money amid its rapid expansion. The net income loss is

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UWM targets real estate investors with new loan product

Details: UWM's new product, called "Investor Flex," is a 30-year fixed Debt-Service Coverage Ratio (DSCR) loan option for real estate investors. It is available on purchase and refinance loans up to $2

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Redfin settles Fair Housing Act lawsuit

Details: The deal probably ends a lawsuit that the National Fair Housing Alliance and like-minded groups filed 18 months ago accusing the brokerage and popular real estate listings website of offering

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Homepoint profits $12M in Q1 after selling operations and assets

Details: Homepoint’s total funded origination reached $12.5 billion in the first quarter, down from $20.5 billion in Q4 2021 and $29.4 billion in Q1 …

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What Metaverse real estate means for mortgage professionals

Details: Note that in 2021, the largest purchase of virtual real estate was a single transaction for $4.3 million from Republic Realm (purchased from Atari, the video game maker). So, perhaps the loan

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How appraisers value homes in a hot housing market

Details: About 65 years old, the home was listed for $370,000. It spent four days on the market, had 202 showings and received 56 offers, 55 of which were at or above list price. The home ultimately sold

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American Realty Capital hires former Grubb & Ellis exec

Details: Real estate investment firm American Realty Capital added a former head of two Grubb & Ellis divisions to lead American's broker dealer subsidiary. The New York

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Home Sales Rise With Foreclosures: Report

Details: So-called "motivated sales," or foreclosures, drove a 7 percent increase in home sales across the nation in December, according to data released Wednesday by Radar Logic Inc., a New York-based

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