CoreLogic: Single-family rent growth drops to four-year low

U.S. single-family rental properties posted rent-price growth of 2% during the year ending in September 2024, according to a recent CoreLogic report. That’s down from annual growth of 2.4% in August.The property data and solutions company reported that the year-over-year gain was well below the pre-
Read MoreHow are mortgage rates affecting housing demand?
It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. I figured those increases would produce the same weakness in purc
Read MoreBetter’s Chad Smith explores mortgage hiring trends, tech tools for 2025

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down with Chad Smith, president and chief operating officer at Better. The duo discuss Smith’s decision to join Better, the company’s new platform and AI loan assistant, and its growth strategies going into 2
Read MoreTrump names Scott Turner the new HUD secretary

President-elect Donald Trump announced late Friday that he has chosen Scott Turner, the former executive director of the White House Opportunity and Revitalization Council (WHORC), to serve as the next secretary of the U.S. Department of Housing and Urban Development (HUD) in his administration.Scot
Read MoreReal estate investors purchased 16% of homes in Q3 2024

As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates, investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024,
Read MoreCould the Trump transition delay some reverse mortgage policy decisions?

The reverse mortgage industry has been anticipating the development of a new, complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program designed to further address liquidity issues in the aftermath of the collapse of a major lender and issuer.But following the results of
Read MoreThis doctor says homes must accommodate aging in place

Treating older patients with chronic health conditions can already be a challenge for medical professionals, but some of these challenges can bite harder if a patient endures preventable trauma, including a fall. That’s why it’s so important to ensure a living space is appropriately fashioned for ag
Read MoreMBA revises 2025 mortgage rates forecast, and it’s not good
The housing industry expected mortgage rates to come down in 2025. Then Donald Trump got elected president and the Fed cast doubt on how much—and how quickly—it would cut rates.The latest sign that views on interest rates are changing comes from the Mortgage Bankers Association (MBA), which has rele
Read MoreMortgage servicing strategies are undergoing a major transformation

The historically fragmented mortgage servicing space has been transformed over the past few years due to an influx of large companies and ongoing consolidation, which presents challenges for smaller players, industry experts say. This shift is driven primarily by active merger and acquisition (M&A)
Read MoreSome say Austin’s rental market might collapse. That’s not reality

In recent years, renting has become increasingly expensive, particularly since the onset of the COVID-19 pandemic. While national rent growth has cooled compared to the double-digit surges of recent years, it remains consistent with pre-pandemic levels. In November 2023, CoreLogic reported a 2.7% an
Read MoreMichigan suit claims Realtor memberships have no value after compensation banned on MLS

Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent on Thursday filed an amended complaint in their antitrust suit against the National Association of Realtors (NAR) in the U.S. District Court for the Eastern District of Michigan.The plaintiffs take issue with what they claim is a requirement fo
Read MoreAlexander brothers claim Side manufactured loan default

White-label brokerage Side has accused Official Partners and the Alexander brothers of defaulting on a loan. The brothers say Side manufactured the default.In their first court filing in the case, Official, Oren Alexander and Tal Alexander claim that Side broke the terms on the loan by unilaterally
Read MoreTitle insurers look to shed ‘junk fee’ image under Trump

For more than two years, the title insurance industry has had to exist in what professionals have deemed a ”rather challenging” environment. The issues began in April 2022 when Fannie Mae announced it would accept attorney opinion letters (AOLs) on some mortgages in lieu of a traditional title insur
Read More30 inspiring curb appeal ideas to make a lasting first impression

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.First impressions matter, especially when it comes to your listing’s exterior. Curb appeal sets the tone for potential buyers before they even step inside, s
Read More30 must-have real estate text message scripts to convert leads and close deals

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the
Read MoreMove claims employee at center of legal battle with CoStar caused $5K in damage

After two of its claims against CoStar Group were dismissed in late October, the parent company of Realtor.com is back at it. On Tuesday, Move Inc. filed a second amended complaint in its ongoing battle with the Homes.com parent company.Like the first amended complaint, the second one contains six c
Read MoreMortgage servicing execs expect ‘profound’ changes under Trump

Mortgage servicing executives foresee significant changes for the industry under a Donald Trump administration, particularly when it comes to interest rates, reform of the government-sponsored enterprises (GSEs) and conforming loan limits. But opinions diverge on what to expect in 2025 and beyond.Mi
Read MoreData suggests stability ‘on the horizon’ for home insurance premiums

Home insurance premiums continue to rise, but the severity of the increases have cooled in recent months, which suggests that a semblance of stability is returning to the market. But this doesn’t negate the reality of other turbulent risk factors — including extreme weather events stemming from clim
Read MoreDid lower mortgage rates lead to higher home prices in October?
Home prices firmed up in today’s existing home sales report, but we caught on to this trend two months ago with our Housing Market Tracker. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast, which predicted 2.33% home-price growth for 20
Read MoreDefendants with settlements dismissed from Hooper commission lawsuit

The Hooper (formerly Phillips) copycat commission lawsuit is down a few defendants. In a ruling on Thursday, Judge Mark H. Cohen of the U.S. District Court in Atlanta granted the plaintiffs’ consent motion to drop certain defendants from the suit with prejudice.The defendants now free from the suit
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