• 6 best real estate schools in Colorado for 2024

    6 best real estate schools in Colorado for 2024,Natalia Oliver

    Your real estate career in picturesque Colorado is an exciting adventure waiting to unfold. We’re here to guide you in finding the best Colorado real estate school for your needs.To get your license, you’ll need to complete 168 hours of prelicensing coursework at an accredited and approved school. O

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  • The homebuilders’ war for market share fueling the economy

    The homebuilders’ war for market share fueling the economy,Logan Mohtashami

    When market players say housing leads us into a recession, it traditionally means theFederal Reserve raised rates too much, housing slowed down as a result and a job-loss recession isn’t too far off. But a funny thing happened this year for the U.S. economy: single-family permits kept rising as new

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  • Pending-home sales rise to highest level in a year in October: Redfin

    Pending-home sales rise to highest level in a year in October: Redfin,Sarah Marx

    U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending sales fell 4.8% compared to October 2022, it’s still the smallest annual decline in nearly two years, according to a report from Redfin.Here’s a

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  • Movement sues Summit, former veteran sales executives for poaching

    Movement sues Summit, former veteran sales executives for poaching,Flávia Furlan Nunes

    The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching. HousingWire reported in July hat Movement’s national sales director Deran Pennington, leader of the South and Central d

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  • CBC Mortgage Agency cuts rates on down payment assistance second mortgages

    CBC Mortgage Agency cuts rates on down payment assistance second mortgages,Connie Kim

    CBC Mortgage Agency — a federally chartered housing finance agency — is reducing interest rates on repayable second mortgages used for its down payment assistance (DPA) program. This marks the first time for CBC Mortgage Agency is reducing interest rates on its second mortgages used for its DPA prog

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  • Nosalek plaintiffs cite Allan Dalton video in opposition to summary judgment

    Nosalek plaintiffs cite Allan Dalton video in opposition to summary judgment,Brooklee Han

    Nearly four months after filing a motion for summary judgment in the Nosalek commission lawsuit, HomeServices of America finally has a response back from the plaintiffs.As expected, the plaintiffs are in opposition to HomeServices’ motion, stating that HomeServices’ claim that the “Plaintiffs have n

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  • Rithm Capital completes acquisition of Sculptor

    Rithm Capital completes acquisition of Sculptor,Flávia Furlan Nunes

    New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million. The deal was made public four months ago and created a dispute among investors to take the firm, leading Rithm to increase its price by 14%

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  • Housing starts and permits rose moderately in October

    Housing starts and permits rose moderately in October,Sarah Marx

    Housing starts surprised in October. They rose to a seasonally adjusted annual rate of 1,372,000, the highest in three months, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s a 1.9% gain from the revised September estimate of 1,346,000 and 4.2% bel

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  • Office Developers Hoping Art Works As RTO Inducement

    Office Developers Hoping Art Works As RTO Inducement,Jeffrey Steele, Contributor

    Office building owners and developers have begun using large-scale fine arts programs to lure employees back to the offices they fled when Covid struck in March 2020.

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  • 29 Cutting-Edge Real Estate Marketing Ideas for 2024

    29 Cutting-Edge Real Estate Marketing Ideas for 2024,Megan DeMatteo

    New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Zillow’s 2023 Consumer Housing Trends Report finds that first-time buyers

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  • 29 cutting-edge real estate marketing ideas for 2024

    29 cutting-edge real estate marketing ideas for 2024,Megan DeMatteo

    New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Zillow’s 2023 Consumer Housing Trends Report finds that first-time buyers

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  • Freddie Mac to roll out fee-based repurchase pilot program in 2024

    Freddie Mac to roll out fee-based repurchase pilot program in 2024,Chris Clow

    Freddie Mac will launch a new fee-based repurchase alternative pilot program for performing loans in 2024, designed to improve the quality of performing loans through a potential replacement of its current repurchase policy for defective performing loans.“The pilot will use a fee-based structure tha

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  • CUSO Home Lending rolls out Dark Matter Technologies’ loan origination system 

    CUSO Home Lending rolls out Dark Matter Technologies’ loan origination system ,Connie Kim

    CUSO Home Lending rolled out Dark Matter Technologies’ Empower loan origination system (LOS) for its credit union owners. CUSO Home Lending — a lender owned by Maine credit unions — became the first credit union service organization to leverage Empower’s newly developed joint-venture feature that al

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  • CoStar CEO: ‘We had zero involvement’ with commission lawsuits

    CoStar CEO: ‘We had zero involvement’ with commission lawsuits,Sarah Wheeler

    ANAHEIM, Calif. — Andy Florance, founder and CEO of CoStar Group, wants to set one thing straight: his company had nothing to do with the commission lawsuits now rocking the real estate world.“We had zero involvement with that lawsuit. We learned about it from NAR long after it started,” Florance sa

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  • New-home mortgage applications surged nearly 40% annually in October: MBA

    New-home mortgage applications surged nearly 40% annually in October: MBA,Sarah Marx

    Mortgage demand for new homes jumped in October as the inventory for existing homes remained depleted.Mortgage applications for new-home purchases rose 39.7% in October on a year-over-year basis and were up 6% from the previous month, according to the Mortgage Bankers Association (MBA) Builder Appli

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  • Fitch: Title revenue to rise 3% annually in 2024

    Fitch: Title revenue to rise 3% annually in 2024,Brooklee Han

    Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a report released Thursday.Fitch said its neutral outlook is underpinned by Fitch’s view that mortgage rates are near peak levels. Alth

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  • Homebuilders slash prices to clear inventory as confidence sinks again in November

    Homebuilders slash prices to clear inventory as confidence sinks again in November,Sarah Marx

    Elevated mortgage rates sank builder confidence again in November, but recent economic data suggests housing conditions will pick up in the coming months.Builder confidence dropped six points to 34 in November, the fourth consecutive monthly drop, according to the National Association of Home Builde

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  • Mortgage rates trend down for the third straight week

    Mortgage rates trend down for the third straight week,Sarah Marx

    Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% chance that the Fed will hold interest rates steady in December, according to the CME Group’s FedWatch tool.The 30-year, fixed mortgage averaged at 7.4

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  • Robert Reffkin: ‘There has never been a better time to be in real estate’

    Robert Reffkin: ‘There has never been a better time to be in real estate’,Brooklee Han

    Despite multiple class-action antitrust commission lawsuits, increased uncertainty over mortgage rates and low housing inventory, Compass CEO and founder Robert Reffkin says “there has never been a better time to be in real estate than right now.”Reffkin’s remarks were made on Wednesday on an outdoo

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  • UWM’s Jason Bressler on the role of failure in tech innovation

    UWM’s Jason Bressler on the role of failure in tech innovation,Sarah Wheeler

    HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler, CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. This interview has been edited for length and clarity.Sarah Wheeler: UWM develops

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