The Consumer Price Index climbed 3.2% in the year through July, the first acceleration in 13 months. But that figure requires a closer examination. Inflation soared in June 2022 and was slightly slower the following month. When this year’s figures were measured against last year’s readings, June loo

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August.The increasing share of owner-occupant buyers is also evidence that extremely tight housing inventory is promp

Mortgage tech firm Blend Labs narrowed its financial losses in the second quarter on the strength of its platform business as well as cost-cutting measures. Blend, whose white-label software processes billions in mortgage transactions for lenders, reaffirmed its goal of reaching profitability by 202

Forest Heights Boulevard is a tony residential street in Toronto’s St. Andrew-Windfields area.

There are thousands of methods to motivating a team. Today’s leaders have been inundated with resources centered on various approaches, doctrines, mantras, etc. advising them on how best to influence and empower. Authoritative, collaborative, transactional, democratic or laisses-faire, it must align

Fast-growing The Real Brokerage posted a $3.97 million net loss during the second quarter of 2023, but revenues shot up from a year ago. “During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg, the CEO of R

“Life is all about transitioning from one stage to the next. Everything is always a transition,” said Chad Hedrick, founder of the Gold to Sold Group and former Olympic speed skater. Hedrick and his team provide the best possible service to the luxury real estate market in Houston, Texas. He founded

The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. While our industry is notorious for its lethargic adoption of new technologies, it is inevitable that AI will reshape many of the traditional and archaic processes th

Despite a 18% annual decline in purchase title orders opened per day in Q2 2023, Fidelity National Financial executives believe housing demand remains strong.“We’ve seen solid sequential growth with residential purchase open orders per day up in both Q1 and Q2 and even holding strong in the month of

Over the last year, the nation’s largest banks, spooked by surging rates and increased regulatory risks, have shied away from the jumbo mortgage market. A select group of regional bank challengers have suffered a worse fate: dead, sometimes directly because of their own calamitous jumbo strategies.

The last few years have been a proving ground for lenders in a major way. The market has swung from record-low mortgage rates and high purchase volumes to a refi boom to lower volumes and rate increases alongside inflation. Lenders have had to adapt quickly not only to the market conditions but to a

UWM Holdings Corporation, the parent of United Wholesale Mortgage (UWM), was another mortgage lender that returned to profitability in the second quarter of 2023, just like its primary competitor Rocket Companies and the origination segments of Mr. Cooper and Pennymac. UWM’s performance was boosted

Large banks have historically been the rulers of the jumbo market. Economic conditions, however, are opening up space for new entrants eyeing market share. This is because surging mortgage rates, upcoming regulatory changes and regional bank collapses have forced large depositories to pull back. The

With home sale transactions down, fraudsters are turning to mortgage payoff fraud to secure bigger payouts.Mortgage payoff fraud occurs when a title company mistakenly sends a mortgage payoff to a fraudulent bank account after receiving wiring instructions that appear to be from the mortgage service

Eminent domain is a real-world example of the Trolley Problem from moral philosophy. Eminent domain allows the government to take private property for the public good.

Two properties—a 6,000-square-foot estate in Palos Verdes Estates and a 10-acre hilltop residence in Rolling Hills Estates—sold for the top price in the last six months.

The ski towns favored by the one percent are such high-end places that workers can't afford to live there anymore. New initiatives aim to correct that problem.

My childhood house most recently sold for $1.25 million in 2018, putting it out of reach for most 20-somethings wanting to start their own families in the next few yea...

Home prices are going up across the country after slowing for more than a year, according to a new report from data and analytics company Black Knight.The report found that nationally, home prices in June rose by 0.67% month-over-month on a seasonally adjusted basis. Meanwhile, the annual home price