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

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Construction Residential Sales New Construction 436

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

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.

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Title Residential Finance Land 370

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 433

Residential Mortgages Banks Industrial 433

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 397

Residential Construction MLS Mortgages 397

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

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

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 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

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Sales Construction Mortgages Residential 490

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 368

Marketing Residential Commercial Loans 368

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

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 367

Mortgages Residential Banks As-is 367

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 444

Residential Finance Technology Staging 444

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 13, 2025

But increased activity in residential construction , particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First American Financial Corp. As the 2025 spring homebuying season begins, the national housing market continues to struggle with supply shortages.

Construction 344

Construction Residential New Construction Land 344

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 397

Commercial Investor Residential Agents 397

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

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 429

Marketing Residential Construction Mortgages 429

Housing Wire

APRIL 1, 2025

stake in Angel Oak , offering its own investors access to the firms residential mortgage credit business, according to filings with the Securities and Exchange Commission (SEC). Brookfield will take a 50.1% Angel Oak will still operate independently, with co-foundersSreeni PrabhuandMike Fiermanremaining as co-CEOs.

Investor 311

Investor Residential Lending Mortgages 311

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 464

Agents Commercial Land Branding 464

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 397

Agents Brokerage Residential Industrial 397

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 478

Mortgages Marketing Residential Construction 478

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

JANUARY 27, 2025

In the brief, the CFPB takes the position that a home equity contract counts as a residential mortgage, and it often corroborates that perspective with comparisons to reverse mortgages. The providers position is that its product is not a residential mortgage. Unlock Partnership Solutions case in the U.S.

Equity 370

Equity Mortgages Loans Residential 370

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 369

Brokerage Agents Residential Technology 369

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 363

Banks Residential Mortgages Technology 363

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 367

Equity Lending Residential Branding 367

Housing Wire

NOVEMBER 15, 2024

But in addition to her position as president and CEO at the company, she held various roles for the MBA, including current board member and chair of the MBA residential board of governors in 2023. Rhea co-founded Knoxville-based MIG in 1989. She was also an engaged member of the IMB executive council.

Investor 370

Investor Mortgages Loan Officer Lending 370

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 395

Lending Equity Investor Residential 395

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 370

Technology Brokerage Branding Residential 370

Housing Wire

MARCH 3, 2025

Matterports cutting-edge 3D capture and AI-powered property insights have already transformed how residential and commercial properties are marketed and experienced, Andy Florance, the founder and CEO of CoStar Group , said in a statement. The firms residential North American network generated $58.9 CoStar paid $1.6

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Closing Residential Technology Commercial 311

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 271

MLS Commercial Residential As-is 271

Housing Wire

DECEMBER 18, 2024

Platinum arrived on scene in 2005 and is now one of the largest independent residential brokerages in the Midwest. Dallas -based brokerage United Real Estate is expanding its footprint in the Midwest with a new merger. The financial terms of the merger were not disclosed. For Platinum, the merger is mutually beneficial.

Brokerage 397

Brokerage Principal Branding Agents 397