As the industry continues to make major headway on the D&I front, American Mortgage Diversity Council Chair Tai Christensen shares her perspective as the nation celebrates the importance of Juneteenth.
Read More »Automated Valuation Models To Help Identify Home Appraisal Bias
According to a new study released today by Veros Real Estate Solutions (VEROS), Automated Valuation Models, or AVMs, may be the solution necessary to identify potential racial bias ...
Read More »May Housing Completions Jump 9.1% Month-Over-Month
Hitting the highest rate recorded in 15 years, housing completions rose in May, a sign that construction bottlenecks may be easing.
Read More »Could House Price Growth Moderation Signal Balance Returning to Market?
First American Financial Corporation has released the First American’s proprietary Potential Home Sales Model (PHSM) for the month of May 2022. The PHSM measures what the healthy market ...
Read More »Mortgage Applications for New Home Purchases Slip in May
New data from the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) for May 2022 shows mortgage applications for new home purchases have decreased an overall 5% in ...
Read More »Title Insurance Premium Volume Neared $6B in Q1
ALTA reported that the title insurance industry generated $5.89 billion in premiums during Q1 of 2022, powered by a strong purchase market and continued home appreciation.
Read More »The Dawn of a New Reality in Condo, Co-op Lending
Orest Tomaselli of CondoTek explains how sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties.
Read More »May Home Sales Down YoY as Inventory Grows
RE/MAX has released its National Housing Report for May 2022, and although May is deemed one of the most active months of the year for home sales, closings ...
Read More »Average New Home Size Drops to 2,480-Square Feet
The size of the average American starter home has been consistently decreasing, falling to just under approximately 2,500-square feet.
Read More »Townhouses Remain the Most Competitive Property Type
According to a new report from Redfin, nearly 58% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in May, marking the ...
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