Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program. The updates include increases in the maximum rehabilitation costs for the program’s limited version, an extension of the allowable peri

Knoxville, Tennessee-based Realty Executives have gained some top-producing agents. The founders of RE/MAX Preferred Properties, Ryan, Rich and Patti Levenson, are joining Realty Executives, according to an announcement on Wednesday.The family sold the franchise in October 2021 but remained with RE/

Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this week by the Federal Housing Finance Agency (FHFA), according to All Participants Memorandum (APM) 23-13.“Under the new definition,

For the first time since 2021 when Americans relocated in droves, Nashville once again is a top migration destination, according to a new report from Redfin.Nashville, also known as Music City, is No. 9 on the list of the most popular destinations for homebuyers looking to relocate to a new metro ar

The Mortgage Bankers Association (MBA) has appointed Rachel Kelley as vice president of legislative affairs.In her new role, Kelley will be responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Republican members of the United States

Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. In particular, lenders should take a look at their loan origination system (LOS), as the LOS they use plays a critical rol

Homeownership is the single greatest contributor to household wealth for American families. From 2010 to 2020, the value of owner-occupied housing in 917 metropolitan or micropolitan metro areas increased by $8.2 trillion.We know homeownership is a significant contributor to generational wealth. A h

The historic residence, built between the 14th and 15th centuries, is where the young Michelangelo di Lodovico Buonarroti Simoni grew up and honed his skills.

Record high home prices continue to inch higher, even as homebuilders offer discounts and build a higher rate than pre-pandemic levels, according to a host of data releases over the last week.Prices were highest in the South and West, the same regions in which builders are most active.New home sales

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers

Lower mortgage rates have brought increased mortgage demand. Total home loan applications increased 0.3% for the week ending Nov. 24 compared to the previous week, according to data from the Mortgage Bankers Association (MBA).Mortgage rates for the 30-year fixed loan averaged 7.29% as of Nov. 22, fa

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate

Going back to square one sounds simple, but the tax system is rigid. Even so, the IRS accepts unwound transactions if everything occurs in the same tax year.

After a decade hyping ultra-luxe New York City condominiums, Gotham entered a new era of luxury apartment buildings, including Anagram Columbus Circle and The Copper.

U.S. house prices rallied again in the third quarter of 2023. In fact, home prices rose 2.1% quarter over quarter and 5.5% year over year in Q3, according to the Federal Housing Finance Agency (FHFA) House Price Index. Month over month, the FHFA’s seasonally adjusted monthly index ticked up 0.6% in

In another odd twist for 2023, the ability to split up after a divorce seems to be another casualty of the high mortgage rate environment.Couples who may have locked in a very low mortgage rate in previous years — but who are now seeking to end their marriages — are finding themselves needing to rem

The Husky Homes real estate team, led by Alison Crim, has joined Compass, the company announced on Tuesday. Based in Madison, Wisconsin, the team of eight had been affiliated with Keller Williams Realty Madison East since its debut in 2020.“We are thrilled to be among the first teams to join Compass

The median price of a home in America is rapidly becoming out of reach for most first-time homebuyers. This is especially true for minority families who on average have less wealth than non-minority families. Like most things in our economy, home prices are influenced by supply and demand principles

The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2024 to $498,257 and $1,149,825, respectively, the FHA announced Tuesday.The new FHA loan limits apply to forward mortgages for a one-unit property and take effect on Jan. 1, according to the publicat