For the first time since 1850, the average size of the U.S. household is on the rise, RealPage says.
It’s not just the kids or Millennials, either. Households are growing and becoming multi-generational.
Over the last century-and-a-half, household sizes have actually been shrinking, according to the data from the Census...Read more
First American Financial Corporation, a provider of title insurance, settlement services and risk solutions for real estate transactions, announced on Tuesday the launch of Endpoint, a new stand-alone company.
Endpoint is a mobile-first title and escrow company that, according to First American, provides a re-imagined closing experience for buyers, sellers and...Read more
President Donald Trump told business leaders in a speech to the Economic Club of New York on Tuesday he might not be done raising tariffs on Chinese goods.
If Beijing doesn’t agree to America’s trade terms, he said, “we’re going to substantially raise those tariffs.”
“They are dying to make a...Read more
As vacation rental app Airbnb and other like it become more and more popular, more homeowners are renting out their spaces for income.
In fact, in order to make ends meet, 51.2% of homeowners said they had to rent out a space in their home, a study from Homes.com said.
The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”
It’s a practice that was surging in competitive markets such as New York, San Francisco, Los Angeles and Washington D.C. It allowed a listing agent to use a multiple listing service...Read more
Gateway First Bank, one of the largest banks in Oklahoma, announced Tuesday that the company is bringing on Deirdre Cherry as its chief credit officer.
This latest hire marks at least the fifth high-level hire the bank has made since its merger earlier this year. In May, the company (formerly known...Read more
provider of loan quality technology for mortgage manufacturing and loan
acquisition, recently appointed Brenda Clem as its new chief product
new position, Clem will now be responsible for developing and implementing
strategic plans for all LoanLogics products and maintaining relationships
within the mortgage industry to understand the prioritization of market needs,
according to the company.
Police released video of the suspected burglars who ransacked the New York mansion of billionaire Don Ghermezian, stealing $140,000 worth of luggage and jewelry.Read more: https://www.cnbc.com/2019/11/12/video-shows-burglars-at-ceo-don-ghermezians-new-york-mansion.htmlRead more
Warehouse tenants soaked up about 41 million square feet of space in the third quarter of this year, a 23% drop from the previous quarter and less than half as much as a year ago, according to a new report.Read more: https://www.cnbc.com/2019/11/12/warehouse-leasing-plummets-because-theres-so-little-new-space-to-lease.htmlRead more
Selecting a loan origination system (LOS) for a mid-sized lending
operation can be a complex and lengthy process. More than likely, the search
will include these questions: How fast is the implementation time? To what
extent does the LOS automate processes? Is it integrated with other technology
solutions? Does it help address current regulatory...Read more
There’s no question AI and machine learning are having a transformational impact on the home buying and refinancing journey. And while the long-term reverberations of AI’s expanding role are fascinating and for some worrying, companies are realizing that marrying people with machine intelligence is the path to capitalize on AI’s...Read more
Ed Walter of Urban Land Institute says the real estate sector is realizing there are economic benefits to pursuing the Paris climate agreement's goals because reducing energy usage saves cost. He also says Hong Kong REIT prices aren't likely to recover until there's a sense that normalcy will return to...Read more
HousingWire has asked “Who will be the Amazon of Housing?,” but now we have a new question: Who is the Chipotle of housing? Well, if guacamole is comparable to quartz countertops in terms of customization, the answer may be Offerpad.
The Arizona-based iBuyer recently announced its latest feature, one that allows...Read more
The owners and co-founders of a Massachusetts short sale assistance company stand accused of defrauding Fannie Mae, Freddie Mac, the Department of Housing and Urban Development, and others on nearly 100 short sale transactions in a scheme to “steal undisclosed and improper fees.”
According to the Attorney’s Office for the District...Read more
Continuing a trend that stretches back to one year ago, Millennials are continuing to dominate the homebuying landscape, taking on more mortgages than previous generations.
A report from Realtor.com says that at the end of the third quarter, the Millennial share of mortgage originations increased 3% from last September, coming...Read more
Two states that are known for a pricey housing market have this to offer: some of the largest studio and one-bedroom apartments in the nation. Of course, that too, comes at a price.
According to a recent study by Apartmentguide.com, four of the top five cities with the largest studio apartments...Read more
The lack of tech adoption in the valuation space leaves
appraisers with a small pool of outdated options. One of the largest appraisal
management companies in the country, Class Valuation, is looking to buck this
trend by bringing more technology to support the appraisal process overall.
Class Valuation is both investing in technology...Read more