Last week, the financial markets reminded us of their dynamism as the 10-year yield rose sharply, pushing mortgage rates higher, but did it impact the housing market data? We’ve witnessed a solid year with purchase application data and our pending home sales contract data has shown year-over-year growth recently. However, did this last move in rates finally break the streak. Purchase application...
Whether neutral and calm or boldly colored and shaped, tile choices keep expanding. New tile collections at The International Surface Event (TISE) and at the Kitchen & Bath Industry Show (KBIS), both held in Las Vegas earlier this year, displayed eye-catching, statement-making products along...
With the days lengthening and weather warming, spring is a good time to get outdoors and tackle some larger home projects. With the threat of winter storms past, you can look for damage and make any needed repairs, as well as prep your home and garden for summer. We spoke with an expert to get some...
The Consumer Financial Protection Bureau (CFPB) announced on Friday that it’s rescinding a rule from the previous administration that requires nonbank financial services providers to register certain enforcement actions and court orders with a new federal database. The regulation was the target of criticism from the mortgage industry. In practice, the CFPB said it will not prioritize enforcement or...
In an exclusive HousingWire virtual event, HousingWire President Diego Sanchez led a powerhouse discussion with three of the most respected voices in housing: Ivy Zelman, Logan Mohtashami, and Dale Wettlaufer. The panel dissected the housing market’s current state — marked by rising inventory, affordability challenges, elevated mortgage rates, and investor uncertainty — and what it all means for the...
NextHome is joining eXp Realty in committing to Zillow’s new listing standards. The firm announced its decision to sign on to Zillow’s new standards on Friday. “Partnering with Zillow to commit to listing transparency is simply the right thing to do for homebuyers and sellers across America. Prioritizing humans over houses is a core value at NextHome because it builds trust and fosters a...
La Rosa Holdings Corp. has introduced a new commission advance program aimed at providing its real estate agents with faster access to earnings while establishing an additional revenue source for the company. The program, operated through a newly formed subsidiary, allows La Rosa agents to receive early payment on pending real estate commissions. In return, the company will collect 15% of the total...
Judge Stephen R. Bough is refusing to step down from overseeing the Gibson commission lawsuit. “Litigation strategy” and not “ethical concerns” drove the recusal calls, the judge said in a filing on Thursday. Howard Hanna was the first defendant to ask the court for Judge Bough’s recusal. HomeServices of America parent company Berkshire Hathaway Energy and brokerage defendant...
According to HNR Hotel News, the US short-term rental (STR) industry is projected to reach pre-pandemic levels of 54.9% by the end of 2025. It’s no wonder investors have...
Save money on your energy bill by simply adjusting when you do laundry—here’s the expert-recommended time to run your...
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