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Study: Single Women Own More Homes Than Single Men in 47 States

Study: Single Women Own More Homes Than Single Men in 47 States

by Phil Hall | Jan 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single women are more likely than single men to own a home in 47 of the 50 states, according to a new analysis of housing data by LendingTree (NASDAQ:TREE). Single women own 10.95 million homes, according to the new analysis, while single men own 8.24 million....
Hits and Misses for the Real Estate Week of Jan. 8-12

Hits and Misses for the Real Estate Week of Jan. 8-12

by Phil Hall | Jan 12, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An unexpected exit from NAR’s leadership, a pushback to a controversial verdict and loan modification victims getting minimal justice. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Jan. 8-12. Miss: An Abrupt Departure. The...
FTC Returns $1.2 Million to Consumers from Loan Modification Scheme

FTC Returns $1.2 Million to Consumers from Loan Modification Scheme

by Phil Hall | Jan 12, 2024 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Federal Trade Commission (FTC) is disbursing more than $1.2 million in refunds to borrowers who lost money to Consumer Defense, a fraudulent mortgage modification scheme. The FTC is sending payments to 6,261 consumers who will each receive $201.34. The agency...
California City Takes State Housing Mandate Case to Appeals Court

California City Takes State Housing Mandate Case to Appeals Court

by Phil Hall | Jan 12, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Huntington Beach, California, is pressing ahead in a legal challenge against the state’s housing mandates. The Los Angeles Times reported the city filed an appeal in the Ninth Circuit Court of Appeals yesterday seeking a reversal of a November decision...
TransUnion Debuts Property Insights Tool

TransUnion Debuts Property Insights Tool

by Phil Hall | Jan 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

TransUnion (NYSE: TRU) is now offering TruVision Consumer Property Insights for Portfolio Management, a new tool designed to protect lenders and borrowers from the potential risks associated with property value fluctuations. According to the Chicago-headquartered...
Mortgage Rates Hold Steady in the Mid-6% Range

Mortgage Rates Hold Steady in the Mid-6% Range

by Phil Hall | Jan 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates remained at the mid-6% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, slightly up from last week when it averaged 6.62%. A year ago at this time, it...
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