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Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development.
” One of the reasons that boomers may be having these challenges could come down to restrictive land-use policies, according to the article. . ” One of the reasons that boomers may be having these challenges could come down to restrictive land-use policies, according to the article.
NAR data shows that the annualized rate of existing-home sales dropped 1% from August to September, landing at 3.84 As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. million units. The sales pace was down 3.5% year over year.
New York may soon allow title insurance for state land purchases, a shift that could streamline conservation efforts and resolve longstanding property disputes. Kathy Hochuls recent budget amendments, follows growing concerns from environmental groups and municipalities over costly delays in land acquisitions.
Although the phrase DEI has become like a political leper, which many do not want to touch in this political climate, diversity, equity, and inclusion in home and land ownership have remarkably been a 163-year staple. She established a daycare center for working parents on her land. She founded an elementary school on her land.
Fannie Mae s title insurance pilot program could save borrowers up to $2.19 This is according to a study released in January by Legal Economics Andrew Rodrigo Nigrinisand Todd Zywicki of the George Mason Universitys Antonin Scalia School of Law.Nigrinis is a former enforcement economist at the Consumer Financial Protection Bureau (CFPB).
By contrast, many European countries have a centralized, government-managed land registration system, which requires government review before property transfers are effective. Once the parties have closed, it is only then that we place the transfer document (deed) in the government land records. Nor are the land records authoritative.
Sure, your real estate landing pages look great — but do they convert? Before you hire a copywriter or enlist ChatGPT to help you write catchy phrases and descriptions, review our guide covering the key elements that every real estates landing page should have, plus a few dazzling examples.
For homebuyers, the good news is that the median sale price continues to fall, with Novembers figure landing at $406,100. For homebuyers, the good news is that the median sale price continues to fall, with Novembers figure landing at $406,100. The housing industry is getting an early Christmas gift. million, a 4.8% While thats a 4.7%
This bodes well for those hoping to see a soft landing, and for those hoping for lower mortgage rates. Today’s jobs report beat estimates , but the internals show the labor market is softening, as the Federal Reserve wants. The data shows that wage growth is cooling down and the job opening quits rate is below pre-COVID-19 levels.
in land use change, 0.8% in builder/developer land, 4% in recent build and 1.1% Places poised for growth but not at the top of the list include Albuquerque, New Mexico, and Madison and Milwaukee Wisconsin, which have all seen recent land use changes. The top three metros are Lakeland, Florida. at the top of their list.
Why listing scams are on the rise Unlike home sales, land transactions often skip in-person meetings or property access, which makes it easier for scammers to impersonate legitimate owners without detection. Watch for these red flags Repeated use of the same property Scammers often recycle the same land listings. Then came the call.
A crash involving a Land Rover SUV and a Ford Transit van happened in the Laguna Beach area at about 6:15 p.m. The Land Rover driver was identified as 48-year-old Dana Point resident Serene Francie Rosenberg, known as Serene Vernon in her workplace as the president of OCMBC Inc. , local time on Jan. a major non-QM lender. .
Michael Nourmand, president of Beverly Hills-based Nourmand & Associates Realtors , said in an interview Wednesday with HousingWire that safety is the top priority. This law applies to those who sell food, emergency supplies, medical supplies, building materials, and gasoline. But those on the scene have already witnessed price gouging.
As short-term interest rates decrease, some lending opportunities, such as land purchases and apartment financing, are improving. Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. We will soon find out. percent (10.6
Far from slowing down, the scams are becoming more prevalent, sophisticated, and difficult to recognize as fraudulent. With October being Cybersecurity Awareness Month, it is important that the real estate industry and consumers speak up and spread the word about how to prevent these real estate cybercrimes.
A lower Fed funds rate can assist with land purchases and apartment construction, but that process would take considerable time before we see any development. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate (mortgage rates) should be higher. percent (±11.6 percent (±9.0
In a post on X, the governor said that taxing land/property “is the more oppressive and ineffective” form of taxation. Florida Gov. Ron DeSantis said that he wants to eliminate property taxes in the state. “Property taxes are local, not state. increase over the prior year and up 47.5% since 2019, and theyve jumped 56.8%
Please reach out to our guest experience team at reservations@avantstay.com and we will do our best to find you a landing spot. Real estate and mortgage firms are stepping up to help housing professionals and the Southern California community as wildfires ravage the area.
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. The real estate market is constantly shifting, and today’s market calls for agents to return to the more tried-and-true marketing strategies. You can use a form-fillable.pdf or a spreadsheet template.
is the only scrap that landed. It was a single newspaper clipping that told the decades-long story of Black homeownership and the historic legacy of the area. Because it was so heavy and big, it had blown up in the air over the leaves and then dropped in over the treetops,” Myers said. “This is a famous photo, it turns out.
We’re back in the land of 7%-plus mortgage rates,” Will Chang, Pennymac ’s senior managing director and chief investment officer, said in an interview with HousingWire. For better or worse, consumers are starting to realize that the days of 2% or 3% mortgages are well behind us and not going to be seen again for some time.”
San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). As the 21st transaction made under the company’s LHOME Mortgage Trust, Kiavi’s total volume of notes offered sits at $5.8 billion since 2019.
Mortgage banking executive and industry mergers & acquisitions advisor Rick Roque has taken a new executive position at NFM Lending. Roque will lead NFM’s retail growth strategy as corporate vice president of retail, NFM’s Managing Director Greg Sher announced on LinkedIn on Friday. NFM is licensed in 49 states and Washington, D.C.
The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6
The concept of the neighborhood center would be a new land-use designation that would bolster the zoning capacity of commercial centers, adding more residents to areas with existing businesses and amenities. He is also looking to create 30 neighborhood centers that could allow for the construction of five-story apartment complexes.
RealTrends excludes transactions such as commercial, rentals, lease, land, empty lots, and outside referred business from published totals. This year’s inaugural rankings feature agents and teams from 50 cities across the U.S., reflecting the importance of localized expertise in today’s evolving market.
Under the new law, if a deed or mortgage is filed with the clerk of a superior court for recording by a self-filer i.e., a person who is not an insurance agent, attorney, bank or credit union agent, mortgage lender or servicer, land surveyor or public official it must be submitted via electronic filing.
For instance, at Lone Star Landing in Montgomery, Texas, M/I Homes is offering discounts ranging from $7,500 to $20,000 on specific properties. While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters.
One of the things that we’ve been intrigued by is a way for people who have had their home burned down, and perhaps they can’t recover through insurance , is using some of the land-use reform laws in California to be able to think about rebuilding their land differently, he said. And in Altadena, it’s like $1.3
Rising construction costs for materials and labor make building middle-income housing less profitable for developers, while limited land availability in urban areas adds to the challenge.“ StorageCafe wrote that middle housing “has often been touted as a potential solution to the affordability crisis. ”
In its race against other brokerages to add agents, eXp Realty has scored big in California. Prime Real Estate Team is leaving the white-label brokerage Side and taking its 21 agents to eXp. Led by the wife-and-husband team of Angelica Galeana Yost and Robert Yost, the team serves the Sacramento and Folsom areas of Northern California.
Texas insurance commissioner Cassie Browns office laid out what led to the move in a written order containing provisions analyzed by the Texas Land Title Association (TLTA) and the Texas Office of Public Insurance Counsel (OPIC). The mandate is set to go into effect July 1. Data shows an average profit ratio for Texas title insurers of 26.6%
Last summer, consumer and industry advocacy organizations including the American Land Title Association (ALTA), National Consumer Law Center (NCLC), National Association of Realtors (NAR) and AARP sounded the alarm over a rising trend of elder real estate fraud and financial exploitation in a jointly released issue brief. Attorneys office.
ROVI drew national recognition as well by landing on the Inc. And the digital brokerage platform continues to grow this week with another affiliation. Real announced Wednesday the affiliation of ROVI Homes , a brokerage operating in the New England states of Massachusetts , Connecticut and Rhode Island , as well as Sarasota, Florida.
is an attractive landing spot. is an attractive landing spot. Led by Ryan Serhant, the company announced the addition of the Atlas Group in Atlanta , growing its presence in Georgia as it already has agents in Savannah. Atlas Group is coming over from Compass. 3 in transactions in Atlanta with 132 and No. 5 in sales volume at $62.6
The American Land Title Association (ALTA) noted that title insurance companies were already exempt from the BOI reporting requirement due to the rules exemption for state-licensed insurance producers. FinCEN began accepting BOI reports from new and existing companies in January 2024. But ramifications could still be felt in the title sector.
People come from Florida , Texas, Georgia or from Illinois in an effort to avoid the traffic and the high taxes and some people are buying a farm and hope they will have a piece of land for their kids, he said. But the potential value for older homeowners is not strictly monetary, the article said. This is Mayberry.
When property owners agree to allow a carrier such as Verizon or AT&T to install a tower on their land or small cell on their building, the carrier and property owner enter into a long-term ground lease agreement. Generally, the carrier agrees to pay the property owner or landlord monthly rent for use of land or space upon a building.
Since mid-February, over 80 listings for burned lots in Pacific Palisades and Altadena have appeared on the market following the devastating Los Angeles wildfires that took place in January, with land parcels fetching prices exceeding initial expectations. Two hours ago, a second property just closed in the Palisades.
Youre an agent, so youve probably noticed: expired listings are way up. Like, skyrocketing. (At At least, thats what Im seeing in my market!) This spike in expired listings is an incredible opportunity for agents who know how to connect with frustrated homeowners. And that starts with a simple letter. It didnt get enough exposure.
These companies bring in transplants who move for work, and homebuilders have flocked to the area to provide additional housing on more available land. Cincinnati has benefited from the broader revival of the Midwest, where large corporations have opened offices to take advantage of the cheaper cost of living compared to the coasts.
Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles.
Remote online notarization (RON) continues to stake its claim as a critical innovation for real estate professionals and homebuyers, opening the door for faster closings and largely eliminating the need for in-person meetings. The 45 states that have done so, do not suggest that there is a patchwork of state laws. The reality is quite the opposite.
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