On a recent call with HousingWire, Jason Waugh, the president of Coldwell Banker Affiliates, reflected on a milestone at home — his oldest daughter heading off to college. “We’re putting the finishing touches on summer before she leaves,” he says. For Waugh, it was a reminder of transition, which is a theme that also defines […]
Coldwell Banker’s Jason Waugh on data, skills and seizing market opportunity Read More »
loanDepot appears to be building capabilities in the wholesale mortgage space — a channel it formally exited three years ago. Executives and owners at three mortgage brokerage shops told HousingWire they were recently contacted by loanDepot representatives who introduced themselves as account executives while “re-introducing” the company’s wholesale channel and inviting the brokers to become
Mortgage brokers say loanDepot is knocking at their door again Read More »
Nationally, existing home sales remain muted even as housing inventory grows, according to a new First American analysis of the 75 largest U.S. metropolitan areas. Inventory in July was nearly 20% higher than a year ago, yet the flow of new listings rose only 5% compared with 2024. That distinction matters, said Odeta Kushi, deputy
First American: Existing home sales remain subdued Read More »
Realtor.com has released a report that ranks the leading U.S. metropolitan areas for new residential construction as the country faces an estimated shortage of 4 million homes. The analysis examined the 100 largest metros based on the new-home share of listings, pricing compared to existing homes, climate risk and buyer demand. Fayetteville-Springdale-Rogers, Arkansas, topped the
Arkansas, Idaho metros lead the pack for new-home construction Read More »
After teaching thousands of agents how to build a real estate business plan, I’ve seen one result consistently. The agents who put in the work and plan ahead are the ones who stay in business. Your notebook full of random thoughts jotted down isn’t going to cut it. You have to create a roadmap that
8 Steps to Creating a Real Estate Business Plan (+ Free Template) Read More »
Mortgage rates are a crucial factor in any real estate purchase, particularly given the significant rise in rates over the past few years. With the Fed meeting coming up in September, there is anticipation that they will drop, but rates are constantly shifting, presenting some potential difficulties for clients shopping near the top end of
How to guide real estate buyers through mortgage rate changes Read More »
The title agent-focused artificial Intelligence technology firm Alanna.ai has launched a digital signing capability to help title agents and companies comply with Financial Crimes Enforcement Network’s (FinCEN) new reporting requirements. In an announcement on Friday, the firm stated that it has made enhancements to its Smart Forms offering, which the company said will help users
Alanna.ai wants to help title agents with the new FinCEN rules Read More »
For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous day. Over the past week, however, most of these small day-to-day movements have been microscopically higher. Today’s is no exception. The net effect is that the average top tier 30yr fixed rate is up from
Mortgage Rates Barely Budge Read More »
President Donald Trump and his allies are demanding Federal Reserve Governor Lisa Cook resign over alleged owner-occupancy fraud — a practice the central bank itself has found to be “broad-based” across the US. Philadelphia Fed researchers in a 2023 report assessed the number of “fraudulent investors” in the mortgage market, which they defined as those who had
Fed found over 22,000 mortgages like those Pulte is now flagging Read More »
President Trump is demanding the resignation of Federal Reserve Governor Lisa Cook after his housing chief accused her of lying on mortgage applications. The allegations, if true, could force a shake-up at the central bank and hand Trump another appointment. “Cook must resign, now!!!” Trump wrote in a Truth Social post Wednesday, including a link
Trump calls on Fed’s Cook to quit over mortgage probe Read More »