HousingWire Lead Analyst Logan Mohtashami appeared on CNBC‘s Squawk on the Street on Wednesday to talk about the health of the housing market, and more specifically about today’s pending home sales data. Mohtashami explained how demand for existing homes is still trending near 21st-century lows. As

Digital mortgage lender Better Home & Finance faces a $1.86 million suit for breaching advertising placement agreements with digital and print publisher Meredith Operations Corporation.Better failed to pay for two “insertion orders” – agreements where Meredith would place ads on its digital platform

Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday.Newman and his team serve clients in Phoenix, Scott

Mirroring the trend for new home sales(+4.4%), pending home sales rose 0.9% in July, according to data released Wednesday by the National Association of Realtors (NAR). Year over year, pending home sales were down 14%, a smaller decrease than the 15.6% annual drop recorded in June. However, unlike t

Set within a private cul-de-sac on the east side of the lake, this nearly half-acre property boasts 115 feet of water frontage.

A couple of weeks ago, mortgage rates soared to a new 2023 high, reaching over 7% on a 30-year fixed-rate loan for the first time since November 2022.  While higher rates are generally viewed with dismay, they often are the end result of a strong economy. Case in point, the private sector added 497,

In the competitive world of real estate recruitment, brokerages fight for the attention and loyalty of talented agents who can drive their success. As the lifeblood of the industry, agents play an important role in attracting clients, closing deals and determining the ultimate profitability of a bro

The Leslie Clarke Team, the top small agent team in Connecticut according to RealTrends, is joining the Connecticut office of Compass, the company announced on Tuesday. The move comes as Compass expands its tech offerings for agents.“This transition provides me access to the industry’s premier techn

When purchasing a house, you still have other needs. However, major purchases could affect your DTI ratio or cash flow, causing your mortgage application to be denied.

A group of banks in Kentucky is seeking to block the implementation and enforcement of the Consumer Financial Protection Bureau (CFPB)’s small business lending rule, the latest in a series of challenges brought by parties including legislators and industry groups.The Kentucky Bankers Association and

Mat Ishbia, chairman and chief executive officer at United Wholesale Mortgage (UWM), provided more than half of the mortgage company’s outstanding shares as a guarantee to secure loans ahead of the acquisition of the Phoenix Suns, according to a Bloomberg report.According to the report, Ishbia pledg

Reviewing appraisal imagery, an essential step in the valuation review process, is time-consuming and laborious.CoreLogic developed Image Analytics to drive innovation in the appraisal review process and help lenders and mortgage industry professionals analyze property images quickly and accurately.

U.S. job openings fell in July, declining to an early 2021 level. A few weeks ahead of the next Federal Open Market Committee meeting, this latest data release offers fresh evidence that the labor market is cooling.The number of job openings edged down to 8.8 million in July from 9.17 million in Jun

Maryland-based lender Lower sued four former employees for fraud which it says has cost the firm more than $4 million in financial losses. Lower also accused Texas-based lender AmCap Mortgage of conspiring in a scheme with its former employee to induce other staff to abruptly leave Lower.Jason Ozmen

Texas continues to outpace other states in attracting new residents, according to migration data from John Burns, with Houston, San Antonio and Fort Worth showing strong housing demand. The other top cities for in-migration include Jacksonville, Florida, Charlotte, North Carolina, and Nashville, Ten

American Bank of Oklahoma has agreed to invest $1.5 million in credit opportunities for neighborhoods of color in the Tulsa metropolitan area as a settlement with the Department of Justice in an alleged redlining case. The bank denies the allegations. The DOJ complaint, filed in federal court, claim

At the height of the Great Depression In 1932, Ole Kirk Christiansen, a Danish carpenter, had fallen on hard times. With few jobs available, he began crafting wooden toys in his workshop to make ends meet for his wife and three boys. It was a humble beginning for what would become one of the most ic

The second quarter 2023 was a boon for real estate teams, beating out financial performance in Q1 2023, according to the Streamlined Quarterly Team Benchmarking Report, which looked at the financial performance of more than 200 teams across the nation.Steamlined, based in Arizona, has a roster of hu

While passage of The Neighborhood Homes Investment Act suggests a brighter future for affordable housing in the U.S., one observer questions just who will benefit most from the NHIA's enactment.

The purpose is to provide a nurturing, relaxing space for occupants.