Housing Wire

APRIL 3, 2025

One important data point that we consistently monitor in the jobs report released on Friday which plays a vital role in my recession model is the number of residential construction workers. Mortgage rates have reached the lowest levels of the year today as the 10-year yield dropped significantly on tariff news.

Mortgages 533

Mortgages Residential Construction As-is 533

Housing Wire

MARCH 3, 2025

Keller Williams has entered into a strategic partnership with private equity firm Stone Point Capital , according to an announcement on Monday. Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian.

Technology 448

Technology Residential Commercial Brokerage 448

Housing Wire

JULY 10, 2024

Highlands Residential Mortgage announced that Dan Carson recently joined the company as a senior vice president and area manager of its Park Cities branch in Dallas. I love the mortgage industry and I can’t wait to share that passion and drive that comes with it to the Highlands Residential Mortgage Team.“ “We billion in volume.

Residential 432

Residential Mortgages Banks Industrial 432

Housing Wire

JANUARY 10, 2025

Residential building construction added 3,500 jobs from November, while residential specialty trade contractors added just 500 positions. The bulk of the job gains in December occurred in the care (+46,000 jobs), government (+33,000 jobs), retail trade (+43,000 jobs), and social assistance (+23,000 jobs) sectors.

Residential 396

Residential Construction MLS Mortgages 396

Housing Wire

MARCH 18, 2025

However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. For those looking for recession signals , a decrease in the number of residential construction workers is usually an early sign. Why haven’t the homebuilders started doing layoffs? This is 11.2

Construction 404

Construction Residential Sales New Construction 404

Housing Wire

JANUARY 9, 2025

Kevin Peranio , chief lending officer for Paramount Residential Mortgage Group (PRMG), lives in the Orange County area and said hes witnessed the effects of being displaced by the wildfires. This law applies to those who sell food, emergency supplies, medical supplies, building materials, and gasoline.

Marketing 501

Marketing Lending Land Residential 501

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. housing stock,” David DePrez, managing director for Bain Capital, said in prepared remarks. “We

Residential 435

Residential Lending Finance Investor 435

Housing Wire

JANUARY 10, 2025

The key data line for me in this part of the economic cycle is residential construction jobs , and while that data is not growing much anymore, its not declining, as we can see below. If the residential construction worker jobs decline, that can push us to a higher unemployment rate since we already have job losses in this sector.

Mortgages 488

Mortgages Residential Construction As-is 488

Housing Wire

MARCH 7, 2025

economy can withstand job losses in the government sector, reduced spending in the economy, and a housing market on the brink of losing residential construction projects. This leads us back to the private sector and residential construction jobs. Labor over inflation has been my mantra since late 2022.

Mortgages 391

Mortgages Marketing Residential Construction 391

Housing Wire

JANUARY 27, 2025

However, as illustrated in the chart above, whenever residential construction workers begin to lose their jobs, a recession is typically not far behind. Without more clarity on mortgage rates , substantial growth in housing permits is unlikely. Census Bureau and the Department of Housing and Urban Development. percent (19.7 percent (16.2

Sales 483

Sales Construction Mortgages Residential 483

Housing Wire

JANUARY 17, 2025

Between residential and commercial market professionals, SitusAMC can guide all financiers toward increased profit, efficiency, and sharper analytics. The real estate company empowers residential real estate market originators with a licensed underwriting model and loan fulfillment component services , respectively.

Marketing 366

Marketing Residential Commercial Loans 366

Housing Wire

DECEMBER 2, 2024

The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” Real estate investment and operating platform Wrightwell has secured a new financing round while forging a partnership with Bain Capital and Saluda Grade. according to a statement from Wrightwell. “We

Finance 397

Finance Residential Commercial Construction 397

Housing Wire

JULY 15, 2024

For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. No one can deny that AI is powerful and that AI when applied deeply to verticals and scenarios will be a major factor in the transformation of business. To some, any suggestion that AI is anything but liberatory is heresy.

Residential 439

Residential Finance Technology Staging 439

Housing Wire

NOVEMBER 15, 2024

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. That’s right, there are Black Friday home sales! The promotion applies to select homes in various housing developments across multiple cities.

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

MARCH 28, 2025

The bill introduces a new section called Consumer Privacy in Mortgage Applications to the Idaho Residential Mortgage Practices Act. Idaho joins several other states in governing the use of residential mortgage trigger leads over the years. Texas was the most recent to address the issue.

Mortgages 364

Mortgages Residential Banks As-is 364

Housing Wire

APRIL 18, 2025

Planting his roots Stone got his industry start at just 25 years old, quickly making a name for himself while taking on a variety of projects including residential subdivisions, warehouses and even a medical office condominium. I did residential, I did commercial, you name it. Its surreal, Stone said. I started in April of 1975.

Title 369

Title Residential Industrial Commercial 369

Housing Wire

MARCH 4, 2025

The Treasurys announcement could still impact the title and settlement services industry as it works to prepare for the anti-money laundering (AML) regulations for residential real estate transfers, ALTA explained. FinCEN began accepting BOI reports from new and existing companies in January 2024. This rule, which goes into effect Dec.

Title 342

Title Residential Finance Land 342

Housing Wire

DECEMBER 17, 2024

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. The rule will implement a congressional mandate to establish consumer protections for residential PACE loans.

Loans 396

Loans Mortgages Finance Lending 396

Housing Wire

JANUARY 9, 2025

RLTY Capital acquires pending residential and commercial commissions, allowing agents to access that money on an expedited timeline. A startup that wants to help independent real estate agents and brokers manage the logistics of their business is getting a big boost. ” RLTYco provides four primary services.

Commercial 396

Commercial Investor Residential Agents 396

Housing Wire

NOVEMBER 22, 2024

According to Redfin, an investor is “any institution or business that purchases residential real estate,” which includes both institutional and mom-and-pop investors. As the U.S. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% Investors purchased $38.8 Now there’s a middle ground.

Investor 488

Investor Residential Brokerage Mortgages 488

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. According to a filing from the California Department of Financial Protection and Innovation dated Oct. 18, LoanSnap had its license revoked after it failed to renew its surety bond.

Lending 448

Lending Loan Officer Banks Loans 448

Housing Wire

OCTOBER 15, 2024

1 and Sept 30 of this year based on prices for closed residential sales. A recent report from real estate data provider PropertyShark ranked California , New York and Florida as the states with the most expensive ZIP codes in 2024. The report listed the 100 most expensive ZIP codes between Jan. million this year. 3 spots nationally.

Residential 448

Residential Sales Closing As-is 448

Housing Wire

OCTOBER 24, 2024

We had no growth in residential construction work hiring earlier in the year when rates were higher. However, even with that reality, when mortgage rates were at 7.50% earlier in the year, housing starts and permits were heading lower, single-family permits were heading lower and the builder’s confidence was falling. percent (±14.7

Sales 488

Sales Construction Mortgages Residential 488

Housing Wire

DECEMBER 6, 2024

According to eXp, Smith’s expertise goes beyond residential real estate. Brokerage giant eXp Realty is adding a superstar agent to its ranks. The company announced the recruitment of Phoenix -based agent Joshua Smith, a high producer who closed 297 transactions in 2023. agents by the The Wall Street Journal.

Agents 396

Agents Brokerage Residential Industrial 396

Housing Wire

OCTOBER 16, 2024

Production data represents residential transactions only. 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. Find out which agents and teams ranked highest in your city here.

Agents 459

Agents Commercial Land Branding 459

Housing Wire

APRIL 17, 2025

Yost charges UWM with violations of Ohios Consumer Sales Practices Act, Residential Mortgage Lending Act and Corrupt Practices Act. Borrowers also sued the company last year over the same matters in Michigan , where UWM is based. A spokesperson for UWM did not immediately reply to HousingWire ‘s request for comment.

Lending 390

Lending Loans Mortgages Residential 390

Housing Wire

JANUARY 9, 2025

Like those settlements, the parties here have negotiated proposed Settlements that resolve on a nationwide basis Plaintiffs claims for damages and injunctive relief against the Settling Defendants for their alleged anticompetitive practices in the market for residential real estate brokerage services, the filing states.

Brokerage 418

Brokerage Residential Development As-is 418

Housing Wire

DECEMBER 12, 2024

Chris Raveis, the company’s president of residential sales, welcomed the JRE team in a statement. Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE).

Brokerage 368

Brokerage Agents Residential Technology 368

Housing Wire

FEBRUARY 24, 2025

billion deal to acquire the depository bank’s residential mortgage servicing operations. Cooper won’t be onboarding as many Flagstar Bank employees as initially projected in its $1.4 Multiple sources told HousingWire that Flagstar began layoffs on Friday. It now has north of $1.5

Banks 355

Banks Residential Mortgages Technology 355

Housing Wire

APRIL 24, 2025

Callan has more than five decades of experience in residential and commercial brokerage services, investment, development and financial leadership. Keller Williams is continuing to expand its network. On Thursday, the firm announced the affiliation of Illinois -based PRG Group with KW Premiere Properties.

Land 335

Land Brokerage Commercial Branding 335

Housing Wire

APRIL 15, 2025

The American Land Title Association (ALTA) Homeowners Policy available in some states and for certain residential properties may offer some coverage for post-closing issues like forgery or impersonation. Dovidio noted that standard title insurance policies typically only cover issues that arise before a sale is finalized.

Title 310

Title Land Commercial Residential 310

Housing Wire

FEBRUARY 7, 2025

Private payroll data, which excludes government jobs: 12-month average: 132,000 6-month average: 145,000 The key metric for me in 2025 is the residential construction workers not just this year but for the next four years. This is the reason mortgage rates are around 7% and not around 6% today. percent, the U.S.

Mortgages 450

Mortgages Marketing Residential Construction 450

Housing Wire

JANUARY 29, 2025

With the loss of manufacturing jobs in 2024, private sector payroll growth is at risk if the next interest rate sector breaks, particularly residential construction jobs. Both times when mortgage rates fell without Fed rate cuts (in late 2022-early 2023 and in mid-2024), it was primarily due to the economic and labor scares. .

Marketing 383

Marketing Residential Construction Mortgages 383

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

Equity 364

Equity Lending Residential Branding 364

Housing Wire

FEBRUARY 3, 2025

The hits keep coming for now-defunct residential sale-leaseback platform EasyKnock. After the company failed to have new council file an appearance, the court dismissed EasyKnocks defamation lawsuit against law firm Feldman & Feldman last Monday. Originally filed by EasyKnock in Nov.

Lending 392

Lending Equity Investor Residential 392

Housing Wire

JANUARY 21, 2025

Saxton has over two decades of experience working in residential real estate technology, digital marketing and management consulting. The executive changes at RE/MAX continue. He most recently served as the executive vice president of enterprise solution at T3 Sixty. Prior to this he held executive positions at RealTrends and BombBomb.

Technology 369

Technology Brokerage Branding Residential 369

Housing Wire

APRIL 1, 2025

During Tuesday mornings zoom hearing, Judge Saris noted that she was under the impression this lawsuit only involved residential real estate and that none of the named plaintiffs were involved in commercial sales or those involving mobile homes. District Court Judge Patti B.

MLS 288

MLS Commercial Residential As-is 288