Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a savagely unhealthy housing market out there, and these economists unpack what that means for you. Register for the virtual event on Dec.

Editor in Chief Sarah Wheeler sat down with Scot Rose, CIO at Class Valuation, to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. This interview has been edited for length and clarity. Sarah Wheeler: You’

While foreclosure completions remained relatively flat in October, foreclosure starts rose to 33,000, hitting their highest level in 18 months, according to the ICE Mortgage Monitor report.In October,  there were 217,000 loans in active foreclosure, up 3,000 since September. However, this remains 25

The housing market has not hit the bottom in existing home sales yet, Fannie Mae projected.With mortgage rates having previously soared to around 8%, existing home sales will likely decline further to bottom out in early 2024. The good news is that sales will rebound as mortgage rates are expected t

Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week.Total home loan applications increased 3% for the week ending Nov. 17 compared to the previous week, according to data from the Mortgage Bankers Association (MBA).Mortgage rat

While prospective homebuyers are grappling with still-elevated mortgage rates, a growing share of Americans are enjoying being mortgage-free.In 2022, nearly 40% of U.S. homeowners owned their homes outright, according to Census Bureau data analyzed by Bloomberg. In total, 33.3 million single-family

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. It’s not something consumers think about much when they set out to buy a first home or plan to upsize to accommodate life changes. In fact, if you were

Office workers may not like the idea of returning to their workplaces, but the addition of hotel-like conveniences and comforts may lead to a change of heart.

In an exploration of median home prices for Q3 in the United States, Forbes found Iowa to be the lowest in the nation.

The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.The final rule is primarily related to guarantees on commingled secu

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes. The announcement, made via social media by Mike Fawaz, executive vice president at Rocket Pro TPO, states that for

Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three years. That’s according to CoreLogic’s Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan area

Has the epic crash in existing home sales finally found a workable bottom to rise from? The 10-year yield will be our guide, as I discussed on CNBC very early in 2023. Where the 10-year yield goes, so goes housing! I say this because of the slow dance between the 10-year yield and 30-year mortgage r

Attom Data Solutions has appointed Ned Stringham to the role of chairman of the board. His addition expands the board to six members. The property data provider also promoted Ana Flor and Kara Taylor to the positions of chief people officer and chief marketing officer, respectively. Before the promo

California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England.That’s not the first addition to CMG this year. In March, the company struck a deal to acquire Homebridge Financial Services‘s retail divisi

Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year, however, is shaping up to be better, according to Morgan Stanley. Analysts at the firm say that in 2024 the U.S. wi

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010.Existing-home sales dropped 4.1% in October from the prior month, reaching a seasonally adjusted annual rate of 3.79 million, according to the National Assoc

You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your secret sauce to becoming the ultimate authority in the real estate world. In this article, we’re going to dive i

HousingWire Editor in Chief Sarah Wheeler and Brena Nath, director of HW+ and events at HousingWire.On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. Having referred to this phrase for over 10 years, the explanation we’ve used

Given its relative importance, here are five critical areas or factors poised to influence the Manhattan real estate market in the upcoming months.