U.S. Housing Market
New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
The legislation will backdate reauthorization of the program to Sept. 30, 2025, while extending the program’s authorization until Dec. 31, 2026. Continue Reading New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
Realtor.com Launches Spotlight Listings to Help Agents Maximize Listing Visibility
Realtor.com has also enhanced its Local Expert product. Continue Reading Realtor.com Launches Spotlight Listings to Help Agents Maximize Listing Visibility
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
San Jose led the nation with the greatest median asking rent increase – 8.8% year-over-year in July to $3,569. Continue Reading Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
Indiana Home Sales Up 9% From One Year Ago
Last month’s median price of $275,000 was unchanged from June and 5% above the price in July 2024. Continue Reading Indiana Home Sales Up 9% From One Year Ago
Foreclosure Activity Up 13% Year-Over-Year
Lenders started the foreclosure process on 24,302 properties last month, up 12% from June and up 11% from July 2024. Continue Reading Foreclosure Activity Up 13% Year-Over-Year
Thrive Mortgage and Lower.com to Merge
Lower CEO and co-founder Dan Snyder will lead the combined team. Continue Reading Thrive Mortgage and Lower.com to Merge
Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round
Stairs is now live in Texas with licenses across 40 states, and the company plans to expand nationwide in early 2024. Continue Reading Mortgage Marketplace Stairs Financial Raises $3.5 Million in Funding Round
NAR’s Chief Economist Forecasts 4.71 Million Existing Home Sales in 2024
NAR also predicted the Austin metro market will have the most pent-up housing demand in 2024. Continue Reading NAR’s Chief Economist Forecasts 4.71 Million Existing Home Sales in 2024
Refinances Fuel Uptick in Mortgage Application Activity
The Refinance Index increased 19% from the previous week and was 27% higher than the same week one year ago. Continue Reading Refinances Fuel Uptick in Mortgage Application Activity
Asking Rents Record Steepest Decline in Over 3 Years
“Renters are finally catching a break,” said Redfin Chief Economist Daryl Fairweather. Continue Reading Asking Rents Record Steepest Decline in Over 3 Years
Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions
This is the latest lawsuit that challenges the longstanding real estate commission protocol. Continue Reading Berkshire Hathaway Affiliate Cited in New Lawsuit Over Commissions
loanDepot Unveils melloNow Underwriting Engine
The company has been beta-testing the system for the last several quarters. Continue Reading loanDepot Unveils melloNow Underwriting Engine
Mortgage Credit Availability Down in November
“Credit availability in November declined to its lowest level in four months, driven by reduced offerings of non-QM and jumbo loan programs,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in November
Rocket Homes App Now Available on Apple CarPlay
Rocket noted that more than 98% of cars in the U.S. support CarPlay. Continue Reading Rocket Homes App Now Available on Apple CarPlay
Thompson Thrift Announces Latest Florida Community
The property will be Thompson Thrift’s 14th residential community in the state. Continue Reading Thompson Thrift Announces Latest Florida Community














