Source: Housing Wire — For the fifth consecutive month, pending home sales declined in March from February, down 1.2%, signaling a potential return to “much calmer” conditions, according to the National Association of Realtors. Only the northeast region saw an...
Source: Housing Wire — While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp.’s president and CEO, Craig Smiddy decided to...
Source: CNN — Prices rose 19.8% year-over-year in February, an even higher rate than the 19.2% growth seen in January, according to the S&P CoreLogic Case-Shiller US National Home Price Index. Phoenix, Tampa and Miami reported the highest year-over-year...
Source: Salt Lake Tribune — The affordable housing crisis isn’t unique to Utah, but Utah may be the place to bring solutions together. A national rent report from Zumper indicates the cost of rent is rising nearly twice as quickly as it was last April. The U.S....
Source: Fox Business — Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the “perfect storm.” “We’re in the middle of a real estate boom like we haven’t seen in the...