HUD budget proposals show the gulf between House and Senate lawmakers

The appropriations committees in both the U.S. House of Representatives and the U.S. Senate last week put forward their versions of the Fiscal Year 2024 (FY24) Transportation, Housing and Urban Development (T-HUD) appropriations bills. The House version features nearly $2 billion less funding for th
Read MoreMultifamily lending declined 1% between 2021-22: MBA

More than 2,200 different multifamily lenders provided $480.1 billion in new mortgages for apartment buildings with five or more units in 2022, a reduction of around 1% when compared to 2021 levels. This is according to an annual report of the multifamily lending market compiled and released by the
Read MoreRachel Swann’s top performing team jumps to Coldwell Banker

The Swann Group, led by Rachel Swann, has joined Coldwell Banker Realty in Northern California from Compass. The five-person team is known for its luxury property business in San Francisco and in Northern California’s wine country. Swann’s team closed $101 million in sales volume in 2022, according
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The Federal Reserve met again on July 26th and made the decision to raise interest rates another quarter percent. This decision has significant implications for the real estate industry, particularly for those looking to purchase a home or refinance their current mortgage. In this blog post, we'll d
Read More Foreigners bought $53B in US existing home sales, a 10% drop

Higher borrowing costs across the world took a toll on annual foreign investment in U.S. existing homes last year. Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, down 9.6% from the previous year, according to a new report from the National Ass
Read MoreIntroducing the 2023 Women of Influence!

This year’s HousingWire Women of Influence list recognizes a remarkable group of women in housing who represent the pinnacle of excellence and innovation. These extraordinary women have shattered glass ceilings, defied expectations and carved a path of success through their dedication, expertise and
Read MoreHousingWire Magazine: The Housing Wealth Issue

Brena Nath, Director of HW+ and EventsLeading up to this issue, I’ve been building the Women of Influence panels for October’s HousingWire Annual in Austin, Texas. One of my biggest takeaways in planning and hosting dedicated Women of Influence sessions at our flag-ship event is that these sessions
Read MoreMr. Cooper moves closer to $1 trillion MSR portfolio target

Dallas, Texas-based Mr. Cooper Group on Tuesday announced it has completed the acquisitions of Home Point Capital and Roosevelt Management Company. With the deals, Mr. Cooper has moved closer to its $1 trillion mortgage servicing rights (MSR) portfolio target. Mr. Cooper concluded on Monday a tender
Read MoreHow much will home prices climb over the next year?

Today I’m going to focus on home prices around the country. How much will home prices climb over the next year? All year, the strength of homebuyer demand and the tight supply of homes for sale has meant that the market pretty rapidly found a floor on the home-price correction of 2022. Even as mortg
Read MoreZillow and Redfin announce partnership to help buyers and home builders connect

Chime Technologies integrates ChatGPT into platform

Chime Technologies, a real estate tech innovator based in Phoenix, Arizona, has recently integrated ChatGPT functionality into its platform to streamline content creation for real estate marketing and communications. This integration marks a significant step towards enhancing the platform’s generati
Read MoreHow to best serve multigenerational homebuyers

Finding a dream home for your buyers can be difficult in a market plagued by low inventory and high demand. So what do you do when your buyers include more than a couple looking for their starter home or a growing family looking to raise their children? Throwing grandparents, adult siblings or in-la
Read MoreSchmidt Family of Companies acquires Palm Coast Coldwell Banker

The Schmidt Family of Companies, the parent company of Coldwell Banker Premier Properties, has announced its market expansion in Florida through the strategic acquisition of a sales office in Palm Coast.The acquisition involves the Palm Coast office from Coldwell Banker Realty in Florida. Situated i
Read MoreRocket goes local: Testing the waters or shifting its strategy?

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $
Read More‘Camp’ Contemporary At Private Lake Tahoe Enclave Delivers The Best Of Everything Outdoors

It reflects a contemporary design style that has been widely adopted in the community.
Read MoreU.S. housing market avoids crash, but challenges remain for buyers and sellers

Experts Share The Best Tips And Trends For Setting Up Homework Spaces

Parental controls is another area where technology can assist, especially with the youngest children, and where Acree said he is getting more requests.
Read MoreExperts Share The Best Tips And Trends To Set Up A Homework Space

Parental controls is another area where technology can assist, especially with the youngest children, and where Acree said he is getting more requests.
Read MoreFlagstar Bank and the one-stop mortgage shop

Flagstar Bank, a top-25 U.S. mortgage lender, has long described itself as a “one-stop mortgage shop.” Flagstar made news in recent months, expanding its footprint and further diversifying its business model with the completion of the merger with New York Community Bancorp (NYCB) and the acquisition
Read MoreBest Housewarming Gifts: Bathroom Edition

When moving into a new home, adding items to the bathroom that provide texture and warmth – as well as functionality - can make it feel more personalized.
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