Real Estate Industry News & Insights
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Ken Wingert Named Chief Advocacy Officer at NAHB
Wingert joins NAHB from Monument Advocacy, where he led the group’s financial services practice. Continue Reading Ken Wingert Named Chief Advocacy Officer at NAHB
Housing Issues in Spotlight in Vice Presidential Debate
CBS News personality Margaret Brennan sought to trip up Vance when she asked for evidence on the impact of illegal immigration on housing. Continue Reading Housing Issues in Spotlight in Vice Presidential Debate
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
This is California’s largest home insurance hike in three years. Continue Reading California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
Treasury Issues New Rule to Prevent Money Laundering Through Housing Market
The residential real estate rule is scheduled to begin in December 2025. Continue Reading Treasury Issues New Rule to Prevent Money Laundering Through Housing Market
Worth Clark Realty Acquires Texas Brokerage
With this acquisition, Worth Clark Realty will now have 80 realtors in the North Texas markets. Continue Reading Worth Clark Realty Acquires Texas Brokerage
Zillow Home Loans Debuts 1% Down Payment Program
The program is initially being offered on properties located in Arizona, with plans to expand to additional markets. Continue Reading Zillow Home Loans Debuts 1% Down Payment Program
Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
There were 714,000 new single-family home sales last month, up 31.5% from July 2022. Continue Reading Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
Zombie Property Levels in Slight Rise
315,425 residential properties are in the process of foreclosure in the third quarter of this year. Continue Reading Zombie Property Levels in Slight Rise
MBA: Purchase Loan Applications at 28-Year Low
The adjustable-rate mortgage share of activity increased to 7.6% of total applications, its highest level in five months. Continue Reading MBA: Purchase Loan Applications at 28-Year Low
Foreclosure Inventory Hits 15-Month Low
Among the states, Mississippi had the highest non-current percentage at 7.65% and Colorado had the lowest with 1.95%. Continue Reading Foreclosure Inventory Hits 15-Month Low
MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
The states with the lowest share of loans that were current were Louisiana, Mississippi, Indiana, New York, and West Virginia. Continue Reading MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
MBA: Independent Mortgage Banks Record Lower Production Losses in Q2
“There were signs of improvement in the second quarter of 2023,” said MBA’s Marina Walsh. Continue Reading MBA: Independent Mortgage Banks Record Lower Production Losses in Q2
Survey: Nearly Half of Canadians Have Regrets Over Their Mortgages
“Having blind faith in banks could be an expensive mistake for homebuyers,” said Joe White, president and CEO of REMIC. Continue Reading Survey: Nearly Half of Canadians Have Regrets Over Their Mortgages
Mortgage Rates Top 7%, Highest Level in Over 20 Years
The 30-year fixed-rate mortgage averaged 5.13% one year ago. Continue Reading Mortgage Rates Top 7%, Highest Level in Over 20 Years
Mortgage Application Activity Takes A Dive
“The ARM share of applications rose slightly to 7%, the highest since April 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Takes A Dive
