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Fear Not, Zombie Foreclosures Pose No Great Risk

Fear Not, Zombie Foreclosures Pose No Great Risk

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There were roughly 1.3 million vacant residential properties, representing 1.27% or one in 78 homes in the U.S., during the fourth quarter of this year according to new data from ATTOM. The fourth quarter data is virtually the same as in the third quarter of this...
NAR Adds IRAR Trust Company as Partner in its Realtor Benefits Program

NAR Adds IRAR Trust Company as Partner in its Realtor Benefits Program

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

The National Association of Realtors (NAR) announced IRAR Trust Company (IRAR) as a new partner within the NAR Realtor Benefits program. IRAR Trust Company serves as a custodian for self-directed retirement accounts, working with real estate agents and their clients...
S&P CoreLogic Case-Shiller: Home Prices Continue to Rise

S&P CoreLogic Case-Shiller: Home Prices Continue to Rise

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.6% annual change in August, up from a 1% change in the previous month. The 10-City Composite showed an increase of 3%, up from a 1% increase in the previous month, while the 20-City...
New Phase of 258 Lots Added to Texas’ Elevon Community

New Phase of 258 Lots Added to Texas’ Elevon Community

by Phil Hall | Oct 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Qualico Communities DFW and Pacesetter Homes DFW announced plans to launch a new phase of 258 lots within Elevon, a master-planned community with more than 4,000 homes in Lavon, Texas. Pacesetter Homes will build five different home styles on four different lot sizes....
Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface

Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface

by Phil Hall | Oct 30, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rocket Mortgage, a division of Rocket Companies (NYSE: RKT), announced an update to its Pathfinder tool, an artificial intelligence (AI) and machine learning-powered search engine used by mortgage bankers, brokers and underwriters. A new AI chat interface in...
David H. Stevens: Biden White House Has a ‘Significant Leadership Void’ on Housing Policy

David H. Stevens: Biden White House Has a ‘Significant Leadership Void’ on Housing Policy

by Phil Hall | Oct 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One of the most prominent thought leaders in the mortgage and real estate sectors has faulted the Biden White House for a “significant leadership void” on the subject of housing. David H. Stevens, the former president and CEO of the Mortgage Bankers Association,...
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