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Compass acquires luxury brokerage in Washington, D.C.

Housing Wire

Compass shares our passion for empowering clients at every stage of their homeownership journey and has been a powerful leader in driving positive change within our industry, Thomas Anderson, president of Washington Fine Properties, said in a statement. At the end of 2023, the number of principal agents at the brokerage stood at 14,683.

Brokerage 351
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With lower costs and other value, rural areas are enticing for older homebuyers

Housing Wire

Make sure you research your options, said gerontologist Nancy Schier-Anzelmo, principal in Alzheimers Care Associates in an interview with Yonder. As we get older its hard to make new friends and thats why its important to find your tribe those people who are at the same stage of life and have the same life experience as you do.

Equity 413
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U.S. mortgage delinquency rates remain near historic lows: CoreLogic

Housing Wire

The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due) accounted for 1.5% In March 2024, the national delinquency rate for residential mortgages stood at 2.8% in March 2023. “The

Mortgages 476
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U.S. mortgage delinquency rates remain near historic lows: CoreLogic 

Housing Wire

The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due), accounted for 1.5% As later-stage delinquencies decrease, the share of mortgages in foreclosure remained at 0.3% percentage points.

Mortgages 501
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Mortgage delinquencies near all-time low in July: CoreLogic

Housing Wire

mortgage delinquencies remained near a record low in July, with the share of homes entering that status or progressing to later stages either unchanged or lower,” said Molly Boesel, principal economist for CoreLogic , in a news release. The rate for early-stage delinquencies was 1.3% “Overall U.S.

Mortgages 468
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Master planned communities post strong new home sales numbers in 2023

Housing Wire

“Master-planned communities continue to attract buyers and outperform the overall new home market by offering a lifestyle, which elevates and links a collection of neighborhoods,” Ken Pearlman, managing principal at John Burns Research & Consulting, said in a statement.

Sales 482
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Forbearance numbers fall, delinquency rates rise

Housing Wire

By stage, 9.7% of total loans in forbearance are in the initial plan stage, while 82.9% The VA can purchase up to 30% of borrowers’ unpaid principal balance and arrearages, and provide an interest-free subordinate loan similar to a partial claim. The enrollment period for forbearance will conclude at the end of September.

Principal 459