Housing inventory actually fell last week. What is going on? 

Housing inventory decreased last week, while purchase application data grew 25% year-over-year! What is happening in the housing market?  In the two weeks leading up to the July 4th holiday week, our weekly Housing Market Tracker showed that housing data was stabilizing as mortgage rates approached their lowest levels of the year. However, with July 4th falling on a Friday, I noted that the following...

‘Insufficient funds’ delay State Farm wildfire check for nearly $900K

A nearly $900,000 insurance check from State Farm failed to clear for more than a week, raising alarm for an Altadena, California, homeowner still displaced by January’s wildfires. Amelia McDonald, a veteran insurance defense attorney, deposited a check for $876,354.07 on June 30. But by July 9, the funds were still unavailable. A Chase bank representative told her the account associated with the...

Tech Pulse: Realtor.com adds property tax appeal; PropStream expands lead generation

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology — including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Realtor.com adds property tax appeal tool with Ownwell integration Realtor.com now offers property tax monitoring and appeals through a new partnership with Ownwell. With rising...

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