Promising signs abound for 2024 housing market

https://www.youtube.com/watch?v=XUheNdjWmwY Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market.New listings...

Why equity-tapping challenges may make reverse mortgages ‘inevitable’

Tapping into home equity, particularly for people in or near retirement, can be challenging — especially for those who may have a pressing...

Housing construction picked up in September, but developers are getting anxious

Housing starts climbed to a seasonally adjusted annual rate of 1,358,000 in September, according to U.S. Department of Housing and Urban Development and...

Housing business pleads with Biden administration to slender the mortgage unfold

A coalition of trade associations — including the Community Home Lenders of America (CHLA), National Association of Realtors (NAR), and Independent Community Bankers...

All-cash transactions gain traction amid high mortgage rates: Redfin

In September, all-cash purchases represented one-third of the U.S. home purchases, compared to 29.5% a year ago, according to a Redfin report. It’s...

Housing groups jointly sign letter urging full funding for FHA, Ginnie Mae

A coalition of seven housing interest groups including the Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), the National Association...

Wells Fargo, JPMorgan show two completely different paths for mortgages in Q3 2023

At Wells Fargo, mortgage originations reached $6.4 billion from July to September, down 70% year over year and about 18% from the previous...

CHLA voices support for attorney opinion letters to FHFA

The Community Home Lenders of America (CHLA) submitted a letter to the Federal Housing Finance Agency (FHFA) expressing its support for the use of...

Compass cuts losses in Q3, addresses commission lawsuit threat

Compass surprised positively in the third quarter of 2023 by posting a number of strong results. The brokerage’s national quarterly market share grew...

Bekki Shae Smith to join high-producing Georgia brokerage

Path & Post Real Estate appointed Bekki Shae Smith to the role of managing broker, the Georgia-based boutique brokerage announced on Thursday.  Before joining...