Anywhere Real Estate undergoes a C-suite shake-up

Anywhere Real Estate’s executive team will soon have new faces. The firm announced Monday that it had named Rudy Wolfs as its chief technology officer, and that Melissa McSherry is stepping down from her role as the real estate behemoth’s chief operating officer.Wolfs appointment is effective Feb. 2
Read MoreNAF reverse VP talks 2024 business, collaboration with forward side

Shannon Robinson has been serving as vice president for the reverse mortgage division at New American Funding (NAF) for just over a year, a time that was marked by a lot of challenges across the reverse mortgage. Some of these challenges, especially in relation to historic interest rate increases, w
Read MoreSouthern states have some of the country’s highest commission rates

The series of lawsuits that have been shaking the real estate industry for the past several months have all revolved around the same issue: Realtor commissions.In the Sitzer-Burnett case, plaintiffs successfully argued that real estate commission rates were too high. They also alleged that the Natio
Read MoreThe worst for mortgages may be over, but younger borrowers still face affordability challenges

The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell.Loan volume between the third and fourth quarters declined by 21%,
Read MoreRent growth shows little fluctuation in January: Redfin

The median U.S. asking rent reached $1,964 in January, rising by 1.1% year over year, according to a Redfin report. While rent growth was positive in January, it remains a far cry from the double-digit growth recorded during the early stages of the COVID-19 pandemic. As landlords grapple with higher
Read MoreAltos: Sellers are coming back to the housing market, can buyers keep up?

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s relatively growing compared to a year ago. This week, inventory fell by half a percent. A year ago it fell by 3% in the week. New l
Read MoreHow might AI change aging in place for seniors?

While aging in place is a dominant preference for seniors when compared to residing in a dedicated care facility, there are concerns that come with it. One of the biggest concerns is protecting seniors against feelings of isolation, which can be a serious threat to the well-being and cognitive funct
Read MoreRenting alone? The 'singles tax' now exceeds $7,000

6 best Georgia real estate schools for 2024

We’ve done all the research for you to pinpoint the best Georgia real estate schools for every learning style, schedule, budget and timeline. From Atlanta to Athens and Columbus, this guide will help you choose the ideal real estate school and program in Georgia to get licensed quickly and hit the g
Read MoreWhy fewer homes are taking a price cut, even while inventory rises
So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. This calls into question a m
Read MoreThe 22 must-have real estate marketing tools for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn y
Read MoreCFPB settles decade-old foreclosure relief scam enforcement suit

The Consumer Financial Protection Bureau (CFPB) on Friday announced that it has reached a settlement with four attorneys and their company, Consumer First Legal Group, over a long-running enforcement case regarding what the bureau called a foreclosure relief scam.Consumer First Legal Group and four
Read MorePressure on lot supply eased last year: Zonda

Thanks to a slower rate of housing starts, there were more lots available in the fourth quarter of 2023 compared to a year earlier, according to Zonda’s New Home Lot Supply Index. Lot inventory tightened on a quarterly basis, however, a signal of rising builder activity. Year over year, the index ro
Read MoreMortgage credit availability increased in January: MBA

The availability of mortgage credit increased in January, according to a report issued by the Mortgage Bankers Association (MBA) based on data sourced from ICE Mortgage Technology.The MBA’s Mortgage Credit Availability Index (MCAI) increased in January to 92.7, or by 0.7% over December’s figure, bas
Read MoreReverse mortgage originators report good starts to 2024 business

Last year was a challenging one for reverse mortgage business activity, and it likely hit no one harder than the industry’s front-line loan originators. After enduring challenges stemming from higher interest rates, stricter qualifications and broader industry consolidation, loan officers seem to be
Read MoreCalifornia’s high costs aren’t deterring Gen Z from moving there: Zillow

A Zillow analysis of U.S. Census Bureau data released Friday shows that the youngest group of prospective homebuyers, Generation Z, are bucking a larger trend by moving to California.Even as California lost nearly 215,000 residents to net migration in 2022, census data also shows that the Golden Sta
Read MoreCoStar’s billion-dollar marketing spend to include four Super Bowl ads

The portal wars are heating up. In an attempt to reach residential listing portal supremacy, CoStar Group (the parent company of Apartments.com and Homes.com) will air four advertisements during this Sunday’s broadcast of Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs.“T
Read MoreFederal judge says suit against UWM’s ‘All-In’ initiative should be dismissed

A lawsuit against the “All-In” initiative at United Wholesale Mortgage (UWM) should be dismissed, a federal judge said, citing inadequate evidence to prove accusations against the lender. Florida-based Okavage Group sued UWM in April 2021, following the lender’s announcement of an ultimatum that the
Read MoreBaby boomers are reaching ‘Peak 65,’ but retirement age debate continues: CNBC

Beginning this year, the baby-boom generation — primarily those born between 1945 and 1960, depending on the social scientist you talk to — will reach “peak 65.” This is the beginning of a period that will see the largest numbers of the cohort turn age 65.But as the population reaches this milestone
Read MoreAnywhere Real Estate appoints new board member

Anywhere Real Estate named Joseph Z. Lenz to its board of directors, the company announced on Thursday. The appointment will be effective starting Feb. 13, 2024. Lenz currently serves as managing director and co-head of research for credit solutions at TPG Angelo Gordon, a prominent global asset man
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