The U.S. title insurance industry generated $21 billion in title insurance premiums during 2022, a 16% decrease compared to 2020, according to new data from the American Land Title Association (ALTA). During the fourth quarter of 2022, title premium volume totaled...
Clayton, the manufactured home building division of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A), announced it will start production on residential manufactured homes that meet U.S. Department of Energy (DOE) Zero Energy Ready Home specifications by January 1,...
The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is making an additional $7.2 million in AHP Homeownership Set-aside Program funding available through its members. Under this initiative, eligible borrowers will be able to apply for up to $15,000 to help them...
Republic First Bancorp, Inc. (NASDAQ: FRBK), the Philadelphia-headquartered holding company for Republic First Bank d/b/a Republic Bank, announced it is shutting down its mortgage origination business. “Republic Bank will exit its legacy mortgage origination...
A new data study determined that Florida home buyers are paying much more than they should for their properties, based on long-term pricing trends. According to the Real Estate Initiative at Florida Atlantic University (FAU), all nine of the state’s nine measured...
Nearly half of the homes that are being listed for sale are being snatched up almost immediately, according to new data from Redfin (NASDAQ: RDFN). For the four-week period ending April 30, Redfin found 48% of homes that sold during that period went under contract...
Hits and Misses for the Real Estate Week of Aug. 24-28
