The Mississippi housing market continues to show one of the slowest absorption rates in the nation, with homes sitting on the market well above the U.S. median. The state now ties with Louisiana, Hawaii and Florida for the longest days on market (DOM), underscoring a widening gap between local conditions and the national trend. HW […]
Mississippi among slowest markets as gap with U.S. widens Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Real estate agent optimism holds steady, but AI adoption slow Kaplan’s inaugural Real Estate Survey of Trends reveals that 48% of agents expect client growth in the next
Tech Pulse: Agent AI adoption remains slow; title fraud thwarted in Ohio Read More »
Better’s chief financial officer, Kevin Ryan, is retiring from the company, according to an SEC filing on Friday, and will be joining PennyMac Financial Services as a senior managing director, chief strategy officer. According to the filing, Ryan announced on Sept. 30 that he would be retiring but it is not clear when his last
CFO Kevin Ryan to retire from Better, will join PennyMac as chief strategy officer Read More »
Georgia’s housing market presents stark contrasts. The state reports a median 70 days on market for single-family homes. HW Data highlights a sharp divide, with some Georgia metros selling in weeks while others take months to turn. Quick-selling metros Hinesville-Fort Stewart leads the state’s larger markets with homes selling in a median of 42 days.
Georgia metros show sharp divide in days on market Read More »
In the national housing market, states with the most active listings show wide differences in how quickly homes sell. HW Data shows California moving inventory the fastest, while Florida and Texas take longer despite carrying larger supply. California sets the pace California carries 57,065 active listings and a 63-day median time on market. Months’ supply
Inventory-heavy states show wide gaps in sales speed Read More »
A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,
Court dismisses N.J. mayors’ challenge to affordable housing law Read More »
President Donald Trump’s decision to impose steep new tariffs on imported wood, furniture and home fixtures is drawing criticism from economists, builders and housing experts who warn the move could further strain an already fragile housing market. New tariffs in these sectors were first announced Sept. 26 by Trump on social media, with further details
New tariffs on wood, furniture raise fears of higher housing costs Read More »
Planet Financial Group, the parent company of Planet Home Lending, announced two new hires this week. Rob Parsley was named senior vice president, non-agency sales and Tim Fisher was named senior vice president, non-agency lending. With a career spanning more than three decades, Parsley most recently served in senior leadership roles at Lima One Capital,
Planet Financial Group boosts non-agency team with Rob Parsley and Tim Fisher hires Read More »
Mortgage rates moved just a bit lower today. Relative to any other day in the past 2 weeks, it was unremarkable. But because the range has been so narrow over that time, and because rates were already at the lower boundary of that range yesterday, it technically resulted in the lowest average rate since Fed
Mortgage Rates Lowest Since Fed Day Read More »
Fannie Mae and Freddie Mac could change how they approach affordable housing goals next year if their oversight agency’s new affordable-housing goal proposal moves forward. Some of the proposed benchmarks the Federal Housing Finance Agency published Thursday aren’t as high as those from a year ago and shift away from competitive efforts to serve low-income
FHFA floats new housing goals amid broader proposal review Read More »