Are big Wall Street investors really buying 44% of homes this year? The answer is no — not even close. Housing inventory is near all-time lows, but big institutional investors like Invitation Homes or BlackRock aren’t to blame.The 44% claim was made in the headline for a Medium article last week and

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023.Weekly housing inventory dataWe wil

A former mortgage consultant who worked for Wells Fargo and ultimately brought a case against the company in a Southern California court over allegedly being fired for complaining about discriminatory lending practices has settled with the company, according to reporting from Los Angeles-based radio

High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record. Luckily, economists are projecting some improvements for next year, according to a Redfin analysis released on Thursday.For an American earning $78,642, the cou

The U.S. Department of Housing and Urban Development (HUD) believes housing has a role to play in combating the opioid overdose epidemic.On Friday, HUD issued a joint letter co-written with the U.S. Department of Health and Human Services (HHS) and the White House Office of National Drug Control Pol

After today’s jobs report, which showed unemployment at 3.7%, it’s now clear that the Federal Reserve does not need to create a job-loss recession to bring down the growth rate of inflation. The Fed has much to answer for after their massive rate hikes and quantitative tightening policy. These were

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools t

An amended complaint in the Phillips copycat commission lawsuit filed on Wednesday in northern Georgia names a slew of additional defendants, as well as three new plaintiffs.Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially infl

Employers picked up the hiring pace in November, shaking investors’ confidence in the Federal Reserve’s likelihood of cutting interest rates in 2024. November job gains grew faster than expected, posting an increase of 199,000 jobs in November, up from 150,000 in October, according to data released

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table?Ultimately, every

Democratic lawmakers in both the U.S. House of Representatives and the U.S. Senate have introduced bills in their respective chambers designed to ban hedge funds from participating in the single-family housing market, citing supply and affordability challenges as justification.First reported by the

Redfin launched Redfin Redesign, an AI-powered tool for home photos, the company announced on Thursday. The new product allows homebuyers to make changes to the interior of a house in listing photos. This tool uses technology from Roomvo, a home design visualization platform.The tool empowers prospe

Incenter Mortgage Advisors (IMA) has rebranded and changed its leadership to reflect the offering of a broader set of capital markets services. The company, which helped organize over $2 trillion in mortgage-servicing rights (MSRs), changed its brand name to Incenter Capital Advisors. It will emphas

Mortgage rates continued their downward trajectory this week as the 10-year Treasury yield dropped below 4.2% for the first time since September, according to new data from Freddie Mac.The 30-year, fixed mortgage rate averaged 7.03% for the week ending Dec. 7, according to Freddie Mac‘s Primary Mort

Flagstar’s presence and expertise in the third-party wholesale mortgage origination market have combined to create a history of success extending over 35 years. The company’s close partnerships with mortgage brokers and correspondents transforms feedback into impactful products, technology and servi

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title, to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. This interview ha

Big Four title firm Stewart Title has filed a lawsuit against closing and title production software provider Qualia over a contractual dispute. In a lawsuit filed in early November in District County Court of Harris County, Texas, Stewart accuses Qualia of giving the firm “improper notice” for termi

California-based Pennymac Financial Services raised $750 million in unsecured debt with qualified institutional investors, 15% more than it initially expected, the company announced Thursday.  Pennymac will use the proceeds of the offering to repay $650 million in debt due in October 2025. The remai

The Full PictureWith how important and critical information is in the current environment, we’re excited to share recordings from this year’s HousingWire Annual.To watch the on-demand sessions, click on the buttons below. The full session videos are only available to HousingWire Subscribers. Not sub

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Many Massachusetts real estate schools offer online courses. We’ve researched the best online programs to help you quickly complete the 40 hours of prelicens