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Builder Confidence Down for Fourth Consecutive Month

Builder Confidence Down for Fourth Consecutive Month

by Phil Hall | Nov 16, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes fell six points to 34 this month, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marks the fourth consecutive monthly drop in...
CoreLogic Teams with Wells Fargo for Real Estate Tax Processing

CoreLogic Teams with Wells Fargo for Real Estate Tax Processing

by Phil Hall | Nov 14, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

CoreLogic has entered a new partnership to provide Wells Fargo (NYSE:WFC) Home Lending with real estate tax processing operations. CoreLogic will also manage those services for Wells Fargo’s home loan customers moving forward. This includes the ability for Wells Fargo...
Housing Affordability Index Crashes to Record Low

Housing Affordability Index Crashes to Record Low

by Phil Hall | Nov 13, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 37.4% of new and existing homes sold during the third quarter were affordable to families earning the median income of $96,300, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Opportunity Index (HOI). This is down from...
Wells Fargo Vice Chairman Leaves After A Month on the Job

Wells Fargo Vice Chairman Leaves After A Month on the Job

by Phil Hall | Oct 30, 2023 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Wells Fargo (NYSE:WFC) announced Thomas R. Nides has resigned as its vice chairman, one month after he joined the company. Nides joined Wells Fargo after retiring in July as U.S. Ambassador to Israel, a post he had held since 2021. In announcing his departure, Nides...
Builder Confidence Grows Increasingly Pessimistic

Builder Confidence Grows Increasingly Pessimistic

by Phil Hall | Oct 19, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes in October fell four points to 40 from a downwardly revised September reading, according to the Housing Market Index (HMI) data from the National Association of Home Builders (NAHB) and Wells Fargo...
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