Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factor

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.To become a real estate agent in New York, you’ll need to complete 77 hours of real estate classes before you can sit the New York real estate exam and apply

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Choosing one of the best online real estate schools in California is your first step to joining our vibrant industry, and it’ll set you up for success for th

More than a week after it shut down systems to combat a cybersecurity incident, title insurance giant First American Financial says it has restored some key systems and “contained the threat.” Though details about the hack — which has delayed closings across the country — remain sparse, a filing was

Happy Twixmas, kids! First of all, let’s unpack this precious time between Christmas and New Year’s when real estate pros are left wondering, what the heck do I do with myself and all of this unclaimed time?! Yes, you can (and definitely should) follow the lead of your friends who are on salary by k

In some ways, 2023 was the year of the homebuilder. There wasn’t much competition from existing homeowners. And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more

The decline in mortgage rates in November helped financially strained homebuyers, according to ICE Mortgage Technology‘s latest Home Price Index data.It took $279 less per month to purchase the median-priced home in November compared to October, according to ICE Vice President of Enterprise Research

As companies gradually enforce back-to-the-office policies, the share of homebuyers trying to relocate to a different metro area decreased in November for the third month in a row. The share dropped to 23.9%, the lowest level seen in a year-and-a-half, according to Redfin.Compared to November 2022,

Rocket Companies expanded its board of directors from seven to eight, giving its chief executive officer Varun Krishna a newly-created seat.Krishna was voted to serve as a Class III director, effective December 21, 2023, according to an 8-K filing with the Securities and Exchange Commission (SEC) on

After nearly two years of trudging through a frozen housing market, the consensus among mortgage professionals is that the worst of it is over.The Federal Reserve recently signaled plans to slash interest rates three times in 2024, shifting toward the next phase in its monetary policymaking.“It fina

Affordability has been a chief topic of concern in the housing industry for the past several years, and the lack of affordable options in the state of Colorado is pushing that state’s school districts into action.Leaders in Colorado districts are entering the housing market in a variety of ways, inc

As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent.The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, a slight decrease from the 6.67% rate recorded on Dec. 21 according to Freddie Mac‘s Primary Mortgage Market Survey released on Thursday.The 15-

Pending home sales in November were largely unchanged from October’s levels, a month that saw the lowest pending sales since 2001. according to the latest data from the National Association of Realtors (NAR).NAR’s Pending Home Sales Index (PHSI) recorded a minor increase to 71.6 in November, from 71

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate’s managing director and a top-producing loan officer. “This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. Now, you need to be ve

Zillow Group and ShowingTime are taking two multiple listing services (MLSs) to court, due to their allegedly anticompetitive behavior.On Friday, Zillow Group and ShowingTime filed a lawsuit in U.S. District Court in Arizona against Arizona Regional MLS and Wisconsin-based Metro MLS. The lawsuit als

The nation’s second largest title insurer, First American, as well as some of its subsidiaries, remain offline as of Wednesday morning in the wake of the title firm’s Dec. 20 cybersecurity incident. The systems outage has derailed closings across the country over the holidays for homebuyers and sell

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients.“I’ve been on about 11 listing appointmen

When Jen Dillard, broker and team leader of Jen Dillard Real Estate Team, and her family first moved to Hood River, Oregon, she didn’t know anyone. She hadn’t started her real estate business there yet, and she was lonely — so to meet new people, she decided to throw a holiday party and invite anyon

Guild Mortgage has an ambitious plan under the leadership of its new CEO, Terry Schmidt. The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about a 2% market share. It won’t be easy. United Wholesale Mortgage

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse.“I always joke that we work in an industry that literally researches the past, and because of that, sometimes, I feel like our marketing, sales, a