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 »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 ...
Read More »Fannie Mae Predicts Lower Home Sales, Originations in 2022-2023
“Tightening financial conditions are slowing economic activity, and consumers are drawing down savings and increasingly relying on credit cards as they seek to maintain current levels of consumption,” said Fannie Mae Chief Economist Doug Duncan.
Read More »VA Cash-Outs: Looking Back … and Forward
Adam Mercado of ClearPath Lending explains how the VA cash-out market has changed over the past couple of years, and what lies ahead for the sector.
Read More »Study Finds Americans Possess Minimal Knowledge of Housing Matters
New data shows Americans are as baffled by how real estate works as they are about cryptocurrency. According to a new Zillow survey, the study finds most Americans ...
Read More »Mortgage Rates Surge Ahead of Fed Rate Increase
Freddie Mac reported that mortgage rates experienced the largest one-week spike since gauging the metric in 1987—nearly doubling year-over-year.
Read More »Real Estate Talent Study: Finding Recruiting Success in Creative Ways
With no sign of the talent markets normalizing anytime soon, having a pulse on trends and ways to differentiate your firm is critical. Click through to learn the takeaways from a new SitusAMC report.
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