Housing Wire

OCTOBER 11, 2022

AEGIS Land Title Group last week announced the acquisition of Capital Title of Washington , a boutique independent title and escrow provider operating in the greater Seattle area. Meanwhile, Paul and Julie Hofmann have owned and operated AEGIS Land Title Group since 2015, after they acquired Stewart Title of Kitsap and rebranded it.

Title 368

Title Land Sales Closing 368

Housing Wire

AUGUST 21, 2024

Fannie Mae’s Economic and Strategic Research (ESR) Group downgraded its forecasts for 2024 and 2025 home sales based on a number of reliable metrics that have “barely budged in response to the more favorable rate environment.“ million home sales in 2024 (down from 4.81 million sales in 2025 (down from 5.26

Sales 476

Sales Mortgages Land Construction 476

Housing Wire

JUNE 4, 2024

Seller impersonation fraud has reportedly risen significantly over the years, and one such fraudster attempted to cash in by facilitating a fraudulent sale of Graceland, the famous Memphis, Tennessee , home owned by the late Elvis Presley.

Title 488

Title Sales Mortgages Equity 488

Housing Wire

AUGUST 24, 2023

Strong consumption data combined with slowing inflation points to a “soft landing” for the economy, Fannie Mae ‘s Economic and Strategic Research (ESR) Group said Thursday. Retail sales rose 0.7% Total existing home sales fell 2.2% Year-over-year, sales slumped 16.6% CPI rose 0.2% decline from 0.1%

Land 284

Land Sales Fixed-rate mortgage Construction 284

Housing Wire

DECEMBER 22, 2023

New home sales fell month-over-month in November to their lowest level since last November. Total new home sales are expected to reach about 5% higher than last year, while sales of existing homes are down by nearly 20% year-over-year. But despite this dip, 2023 is poised to be one of homebuilders’ busiest years.

Sales 475

Sales MLS Land Development 475

Housing Wire

JUNE 24, 2022

New home sales beat the headline estimates and had positive revisions. Let me tell you, we had a lot of shocked faces in economic land this morning. First, we must never forget that the new home sales reports can be very wild month to month and that positive or negative revisions are widespread. months at the current sales rate.

Sales 488

Sales Construction Mortgages Loans 488

Housing Wire

OCTOBER 9, 2024

According to RealTrends Verified , the team produced $126 million in sales volume in on 211 transactions in 2023. “We “Their commitment to excellence and focus on growth perfectly align with our mission.

Land 448

Land Agents Brokerage As-is 448

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. In theory, the sales levels are lower than the data will show. months at the current sales rate.

Sales 488

Sales Construction New Construction Mortgages 488

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). month-over-month increase in December , the Pending Home Sales Index rose 8.1% After posting a 2.5% compared to a year ago.

Sales 459

Sales Fixed-rate mortgage MLS Land 459

Housing Wire

NOVEMBER 22, 2023

The housing market has not hit the bottom in existing home sales yet, Fannie Mae projected. With mortgage rates having previously soared to around 8% , existing home sales will likely decline further to bottom out in early 2024. Existing home sales declined 4.1% Existing home sales declined 4.1% million in 2023, 4.7

Sales 459

Sales Land Mortgages As-is 459

Housing Wire

JULY 20, 2023

With elevated mortgage rates sidelining both home buyers and sellers, existing home sales fell in June, according to the latest report from the National Association of Realtors (NAR). Sales were also down significantly from a year prior. Total existing home sales slipped 3.3% Year-over-year, sales dropped 18.9%

Sales 363

Sales MLS Construction Short sale 363

Housing Wire

NOVEMBER 29, 2023

New home sales The seasonally adjusted annual rate of new single-family home sales in October landed at 679,000, according to data published on Monday by the U.S. The region was responsible for almost 65% of the adjusted rate of home sales, up about 10 percentage points from the same month in 2018.

Construction 448

Construction Sales Finance Land 448

Housing Wire

APRIL 24, 2023

Housing demand and home prices have proved to be more resilient than expected in the first quarter of the year, but home sales will remain subdued largely due to the rate lock-in effect , according to Fannie Mae ‘s forecast. Still, Fannie Mae expects new home sales to hold up comparatively well relative to existing homes.

Sales 397

Sales Banks Construction Lending 397

Housing Wire

AUGUST 2, 2023

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC ‘s Worldwide Exchange on Wednesday to talk about the health of the housing market , explaining the effect of high mortgage rates and low inventory on existing home sales. He also discussed Fitch ‘s downgrade of the U.S. credit rating and its affect on the housing market.

Sales 367

Sales Land Mortgages Marketing 367

Housing Wire

JULY 12, 2023

Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire. Deran Pennington, who spent the last 15 years at Movement and until June 2023 held a national sales director position, is joining Summit as a divisional leader in Charlotte.

Sales 370

Sales Lending Loans Finance 370

Housing Wire

MAY 8, 2023

announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc. Fintech software and hardware company Mortgage Automation Technologies, Inc.

Technology 389

Technology Sales Mortgages Pre-approval 389

Housing Wire

OCTOBER 26, 2022

The new single-family home sales rollercoaster ride continues. After rebounding in August from a drop in July, new home sales were back down again in September, according to data released Wednesday by the U.S. Sales of new single-family homes in September were at a seasonally adjusted annual rate of 603,000, down 10.9%

Sales 366

Sales New Construction Investor MLS 366

Inman

SEPTEMBER 23, 2024

Apparent scammers attempted to use a video generated using artificial intelligence to carry out the sale of a plot of land before the fraud was uncovered at the closing.

Land 187

Land Title Sales Closing 187

Housing Wire

JULY 25, 2023

New home sales among the “50 Top-Selling Master-Planned Communities” increased by 7% in the first half of 2023 compared to the same period in 2022, according to a study by RCLCO Real Estate Consulting. It was the same exact number of sales as recorded at this time in 2022. All of its communities were in Texas.

Sales 364

Sales Development Land Residential 364

Housing Wire

DECEMBER 18, 2024

The existing home sales market does not align with their dual mandate of ensuring stable personal consumption expenditures (PCE) or consumer price index (CPI) prices, as these measures account for rent. Instead, the existing home sales market is more about transferring commissions rather than causing significant job losses in the economy.

Construction 508

Construction Residential Sales Mortgages 508

Housing Wire

MAY 1, 2024

As existing home sales dropped to the lowest level it has seen in nearly three decades in 2023 , title insurance premium volume also took a hit. billion in title insurance premiums, a 31% annual drop, according to the American Land Title Association’s Market Share Analysis , released Tuesday. Commonwealth Land Title Insurance Co.

Title 450

Title Land Industrial Mortgages 450

Housing Wire

DECEMBER 18, 2023

The HMI index gauges NAHB members’ perception of current single-family home sales , expected sales for the upcoming six months and potential homebuyer traffic. However, land development and borrowing costs will remain significant headwinds for private builders. Homebuilders’ gauge of current sales conditions held steady at 40.

Mortgages 497

Mortgages Land Development Sales 497

Housing Wire

FEBRUARY 9, 2024

Miami and San Diego also posted tight inventories of land, a display of geographic and topographic limitations on land and lot development. Upcoming lots Zonda also analyzes “upcoming lots,” which encompass future lots through their various stages of development, ranging from raw land to developed land.

Land 458

Land Development Staging Residential 458

Housing Wire

MARCH 19, 2021

Those investments include the sale of SunStreet solar and stakes in insurtech firms Hippo Home Insurance and Doma (formerly known as States Title ). In the last few years, the number of existing single-family homes for sale has decreased. bln in owned land will be included in the new company. But home prices have increased.

Land 529

Land Development Equity Construction 529

Housing Wire

MARCH 4, 2024

New construction accounted for approximately 30% of active for-sale housing inventory, doubling the usual figures for a standard year. They also boast advantageous relationships with land sellers and can command lower costs of debt. Their size and scale allow them to be more efficient in their spending.

New Construction 438

New Construction Land Construction Industrial 438

Housing Wire

FEBRUARY 7, 2024

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system. mortgage finance system.

Land lease 459

Land lease Land Lending Finance 459

Housing Wire

DECEMBER 18, 2024

annually, according to the American Land Title Association (ALTA)s Market Share Analysis report published Wednesday. The other top 10 companies for Q3 2024 were Westcor Land Title Insurance Co. of the market, Commonwealth Land Title Insurance Co. During the third quarter of 2024, the title industry generated $4.3

Title 381

Title Land Industrial Marketing 381

Housing Wire

MAY 26, 2023

When it comes to close on the sale of the property the scammer will request a remote notary signing. You hear about people getting duped by people pretending to be title companies or Realtors and directing parties within the transaction,” said David Kennedy, the CEO of Fidelity Land Title Agency of Cincinnati. billion, up from $6.9

Title 397

Title Land Due diligence Sales 397

Housing Wire

DECEMBER 20, 2023

Title premium volume continued to drop during the third quarter of 2023, as limited housing supply and high interest rates took their toll on home sales. billion in title insurance premiums, down 24% year over year, according to the American Land Title Association’s Market Share Analysis , released Tuesday. However, the $4.1

Title 448

Title Land Industrial Sales 448

Housing Wire

DECEMBER 19, 2023

Last week’s comments by Chairman Powell, as well as the Federal Reserve’s updated Summary of Economic Projections, suggest increased Fed confidence that a soft landing has been achieved and inflation is headed sustainably to 2%,” Doug Duncan, Fannie Mae’s senior vice president and chief economist, said in a statement. million to 5.07

Land 468

Land Sales Mortgages Industrial 468

Housing Wire

APRIL 18, 2024

Although fewer home sale transactions closed in 2023 , fraudsters continued to be active, with the FBI reporting that fraud loss in the real estate sector reached $446 million in 2023.

Title 493

Title Land Banks Mortgages 493

Real Estate News

APRIL 30, 2024

After landing in the Guinness book three times in his 62-year real estate career, he has achieved a new record. Ben Caballero isn’t slowing down.

Sales 284

Sales Land Agents 284

Housing Wire

NOVEMBER 19, 2024

We should note that existing home sales are in the third consecutive year of the lowest sales on record when you adjust to the workforce size. When it comes down to it, the supply and demand model works and new home sales currently today are still below levels we saw during the tech recession in 2001.

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

SEPTEMBER 19, 2024

Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. If more buyers come in than supply comes in, that has to dictate stronger prices or more sales, one of the two.”

Agents 511

Agents Sales Mortgages Land 511

Housing Wire

DECEMBER 22, 2020

billion, according to the latest market share analysis from the American Land Title Association. But with home sales and mortgage origination volumes rising, it comes as no surprise that mortgage title insurance is also seeing an uptick. Here are the top 5: Westcor Land Title Insurance : 6% WFG National Title Insurance : 2.9%

Title 468

Title Land Industrial Mortgages 468

Housing Wire

SEPTEMBER 13, 2023

The nonprofit NHT will use the funds from Amazon’s program to acquire and build affordable homes for sale in partnership with a network of local organizations in across the three communities. the Douglass Community Land Trust in Washington, D.C. the Douglass Community Land Trust in Washington, D.C. metropolitan areas.

Land 418

Land Renovation Development Design 418

Housing Wire

MAY 22, 2024

This is according to a jointly issued brief published this week by the National Consumer Law Center (NCLC), the American Land Title Association (ALTA) and AARP. Good public policy should promote preventative measures to avoid the loss of property to tax foreclosure sales. In the brief, the groups also cite a 2023 U.S.

Staging 452

Staging Equity Title Land 452