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Foreclosure Activity Down in February, but Up Annually

Foreclosure Activity Down in February, but Up Annually

by Rick Grant | Mar 8, 2023 | Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

There were a total of 30,528 U.S. properties with foreclosure filings in February, that’s down 3% from a month ago and up 18% from a year ago, according to the February 2023 U.S. Foreclosure Market Report from ATTOM. Filings included default notices, scheduled...
Zillow: Zoning is the Housing Affordability Problem to Solve

Zillow: Zoning is the Housing Affordability Problem to Solve

by Rick Grant | Mar 8, 2023 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market, WRE News Exclusive

An independent panel of 117 economists and housing experts polled in Zillow’s Home Price Expectations (ZHPE) Survey have suggested that relaxing zoning rules is one of the best ways to address the nation’s ongoing housing affordability crisis as it would...
Renter Survey Points to Desire for Lower Density Housing

Renter Survey Points to Desire for Lower Density Housing

by Rick Grant | Mar 8, 2023 | Industry Updates, News/Current Events, U.S. Housing Market, WRE News Exclusive

A new report focused on the more than 34% of the population that rents their homes shows that more than half would prefer to live in a detached, single-family home rather than an apartment building. The information, provided by RCLCO Real Estate Consulting, shows that...
BMO Expands its Down Payment Program

BMO Expands its Down Payment Program

by Rick Grant | Mar 8, 2023 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market, WRE News Exclusive

BMO says it will commit $1 million to expand its Welcome Home Grant down payment program to five new markets including Minneapolis, Milwaukee, St. Louis, Indianapolis, and Lake County, IL – Kenosha County, WI. The bank said its efforts would help underserved...
AI-Powered Transaction Coordination Service Launched for California Real Estate Agents

AI-Powered Transaction Coordination Service Launched for California Real Estate Agents

by Rick Grant | Mar 8, 2023 | Industry Updates, Real Estate Agent Tools, WRE News Exclusive

Mytc.ai has launched a subscription-based transaction coordination service for real estate agents in California. Through a combination of licensed transaction coordinators and AI technology, the company says it can save agents in the state up to 60% on transaction...
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