U.S. Housing Market Updates
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ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
ALTA has also updated its Best Practices framework to help title agents better identify emerging versions of these crimes. Continue Reading ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Texas Legislature Passes Property Tax Relief Bills
The property tax relief bills are part of a 1,056-page, $338 billion two-year budget. Continue Reading Texas Legislature Passes Property Tax Relief Bills
Report: $17.6 Trillion in Q1 Home Equity
The new data report also found the average introductory rate on second lien HELOCs dropped below 7.5% in March. Continue Reading Report: $17.6 Trillion in Q1 Home Equity
US Housing Market Has Nearly $700 Billion in Listings, a Record High
This new record was achieved as the US housing supply soared 16.7% year-over-year to a five-year high. Continue Reading US Housing Market Has Nearly $700 Billion in Listings, a Record High
Real Estate Fraudster Sentenced for Hiring Hitman to Murder Victims
Alexander Leszczynski used the name of a fake charity to file a fraudulent warranty deed for a transfer of a property in Redington Shores, Florida. Continue Reading Real Estate Fraudster Sentenced for Hiring Hitman to Murder Victims
FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement. Continue Reading FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE
FHA Increases Allowable Fees for Inspections of Vacant Single Family Homes
The inspections are used in a servicer’s preservation and protection of property. Continue Reading FHA Increases Allowable Fees for Inspections of Vacant Single Family Homes
ATTOM: October’s Foreclosure Filings Up 6% from Last Year
Lenders repossessed 3,332 properties through completed foreclosures (REOs) last month. Continue Reading ATTOM: October’s Foreclosure Filings Up 6% from Last Year
More Than One-Third of Homebuyers Received Concessions from Sellers
Among the major metros, the most concessions were in Salt Lake City. Continue Reading More Than One-Third of Homebuyers Received Concessions from Sellers
CoreLogic Teams with Wells Fargo for Real Estate Tax Processing
All applicable employees that are part of Wells Fargo’s Real Estate Tax Team have been offered a similar position at CoreLogic. Continue Reading CoreLogic Teams with Wells Fargo for Real Estate Tax Processing
William Ryan Homes to Open Model Homes in Four DFW-Area Communities
“We are seeing a lot of demand for homes in our price range,” said Scott Dettmer, William Ryan Homes DFW division manager. Continue Reading William Ryan Homes to Open Model Homes in Four DFW-Area Communities
RE/MAX Names Erik Carlson as CEO
Carlson was most recently president and CEO of DISH Network Corp. Continue Reading RE/MAX Names Erik Carlson as CEO
Gannett Teams with Home Solutions on Media Endeavor Aimed at Homeowners
The companies will debut a dedicated home services-focused section titled “Homefront” on the USA Today website. Continue Reading Gannett Teams with Home Solutions on Media Endeavor Aimed at Homeowners
NAR: The Average Homebuyer Has a Six-Digit Household Income
The overwhelming number of buyers were White (81%), compared to Hispanics (7%), Black (7%) and Asian (6%). Continue Reading NAR: The Average Homebuyer Has a Six-Digit Household Income
