First American Financial Corporation announced the completion of their acquisition of Mother Lode Holding Company, a California-based provider of title insurance, underwriting and escrow services for residential and commercial ...
Read More »Adjustable-Rate Mortgages Hit Recent High
Black Knight Inc., has released the latest iteration of its Mortgage Monitor Report for March 2022 which looks at mounting affordability pressures resulting from the competing dynamics of ...
Read More »Pending Home Sales Down for Fifth Consecutive Month
According to the latest Pending Home Sales Index (PHSI) from the National Association of Realtors (NAR), pending home sales slipped 4.1% month-over-month in March, marking the fifth consecutive ...
Read More »Profit Margins on Homes Dive in Q1
Median-priced home sale profits in the first quarter dropped from 51.6% to 47.2%, the first drop since 2019, and the largest since 2011. Â
Read More »Ascendant National Title Names New CFO
Ascendant National Title has announced that Jeff Whetzel has joined the company as Chief Financial Officer. In this new role, Whetzel will be responsible for supporting the company’s ...
Read More »Homes Are Receiving Fewer Bids as Prices Increase
It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did ...
Read More »Housing Affordability and Availability Remain Top of Mind
One thousand people took part in Fannie Mae’s third quarter 2021 National Housing Survey and reported back that affordability and remote work are still very much important to members ...
Read More »Interest Rates are Up, Will Home Prices Drop?
In March, the U.S. Federal Reserve increased interest rates by a quarter of a point to address rising inflation and a litany of other economic problems stemming from ...
Read More »Average Rent Increases 17% YoY
Now is not a great time to be a renter according to new data from Redfin, which found that the median rent surged in March to $1,940—the largest annual increase since February 2020.
Read More »Eleven Straight Months of Record-Level Rent Gains
Another month, another record set. According to CoreLogic rent prices for single-family homes continued their double-digit gains in February as prices rose 13.1% from one year earlier on ...
Read More »