...when rents increased dramatically during the pandemic, which left more rentals and fewer renters needing places,” said Van Welborn, a Redfin Premier real estate agent in Phoenix. “Landlords who increased...
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Title Insurance Industry Generates $21B in Premiums During 2022
...settlement agents, independent abstracters, title searchers and real estate attorneys. ALTA members conduct title searches, examinations, closings, and issue title insurance that protects real property owners and mortgage lenders against...
Read More »March Marks 14th Consecutive Month of Slowing Rent Growth
...market, affordability is shaping housing demand, with lower-cost areas continuing to see stronger rent growth, home price increases, and competitive real estate markets. Markets in the Midwest and Northeast are...
Read More »Median U.S. Home Prices Experience Largest Drop Since 2012
...Redfin Real Estate Agent Shauna Pendleton. “That killed the buyer momentum that had been building and brought us right back to where we were last year when mortgage rates shot...
Read More »Rents Slowly Returning to Pre-Pandemic Levels
...to normal, which is healthy to some degree,” said Dan Close, a Redfin Real Estate Agent in Chicago, where the median asking rent in March was 9.2% lower than it...
Read More »January Foreclosure Filings Up 36% YoY
...real estate data conglomerate that produced the January 2023 U.S. Foreclosure Market Report. "While both completed foreclosures and foreclosure starts have stalled slightly over the past month, the annual increase...
Read More »Pandemic Boomtowns Experiencing Waning Price Growth
...for the mortgage finance market for the next quarter. “Financial and real estate markets are keeping a close eye on this week’s meeting of the Federal Reserve Open Markets Committee,...
Read More »Housing Market Begins to Recover from November Low
...share of Redfin agents’ offers facing bidding wars points to small upticks in the Seattle and Tampa markets this month. “Bidding wars are back in Seattle,” said local Redfin real...
Read More »Appraisal Subcommittee Meets to Address Valuation Bias
...of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), the ASC oversees the real estate appraisal regulatory framework for federally-related transactions. The ASC is a subcommittee of...
Read More »Fannie Mae Challenge Promotes Racial Equity in Housing
...Community Development Financial Institutions to administer the program and up to 10 regional mortgage lenders to pair the product with their affordable mortgages. The Community Builders is a mission-driven real...
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