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Title insurance industry premiums spike $7B year over year
Source: Housing Wire --- The American Land Title Association saw a nearly 36% year-over-year increase in title insurance premium volume in 2021 for a staggering $7 billion spike, according to the trade group’s Market Share Analysis, published Friday. The title...
Wonder How High Home Prices Can Go? Here Are America’s Most Expensive ZIP Codes in 2022
Source: Realtor.com --- With home prices setting record highs month after month—reaching a remarkable nationwide median of $405,000 in March—just about all homebuyers are grumbling these days that they can’t get a break. But if you’ve ever wondered just how high...
MBA: Slower Pace on Applications for New Home Purchase Applications
The average loan size for new homes decreased from $400,150 in May to $399,879 in June. Continue Reading MBA: Slower Pace on Applications for New Home Purchase Applications
Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing
Apple Inc. (NASDAQ:AAPL) has partnered with three nonprofits – San Francisco Housing Accelerator Fund, Sobrato Philanthropies, and Destination: Home – to launch the new Bay Area Housing Innovation Fund with the goal of originating targeted loans to advance affordable...
RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
RBC stated that nearly 40% of its operational carbon emissions stem from its retail locations across Canada. Continue Reading RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
Natalie Cheney Named CEO at House Analytics
Co-founder and former CEO Charlie Matthews will become chief growth officer. Continue Reading Natalie Cheney Named CEO at House Analytics
Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
The exact focus of the DOJ’s inquiry is unclear. Continue Reading Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
NHP Foundation Acquires Historic Section 8 Property in Massachusetts
This acquisition is one of the largest transactions by the foundation. Continue Reading NHP Foundation Acquires Historic Section 8 Property in Massachusetts
All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Sales began in October, with Armani himself purchasing a unit the 12-story complex. Continue Reading All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.77% as of July 18. Continue Reading Mortgage Rates Drop Again
California Leads the Nation with Commercial Property Foreclosures
June’s data marked California’s first monthly decline after seven consecutive months of rising commercial foreclosure levels. Continue Reading California Leads the Nation with Commercial Property Foreclosures
RE/MAX: June Home Sales Decline Amid Inventory Upswing
“It’s good to see inventory levels rising, as more listings represent more options for buyers,” said Amy Lessinger, President of RE/MAX. Continue Reading RE/MAX: June Home Sales Decline Amid Inventory Upswing
