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Home2023January

Month: January 2023

housing
Weely Real Estate News

Survey finds Americans wildly misinformed on housing market

January 26, 2023 Allen Santos Comments Off on Survey finds Americans wildly misinformed on housing market

The post Survey finds Americans wildly misinformed on housing market appeared first on Weekly Real Estate News.

New
Mortage News

New Home Sales Look Like They Want to Bounce

January 26, 2023 Allen Santos Comments Off on New Home Sales Look Like They Want to Bounce

The Census Bureau’s regularly scheduled monthly report on New Home Sales was released this morning.  The annual pace of 616k was right in line with the median forecast of 617k.  This is technically an improvement, […]

home
Housing Wire

Optimism spreads after new home sales climb in December

January 26, 2023 Allen Santos Comments Off on Optimism spreads after new home sales climb in December

New home sales increased in December — a sign that new residential sales have continued to rebound in recent months. Last month, new home sales increased by 2.3% to a seasonally adjusted annual rate of […]

Affordability
Housing Wire

Affordability improves, as do hopes for a good spring  

January 26, 2023 Allen Santos Comments Off on Affordability improves, as do hopes for a good spring  

Affordability has improved in the mortgage market since December, thanks to declines in mortgage rates and a slowdown in home price appreciation. Here’s a spoiler: Industry experts believe this trend will continue for months, signaling […]

Zillow
Housing Wire

Zillow’s new AI feature can talk to home shoppers like it’s a friend

January 26, 2023 Allen Santos Comments Off on Zillow’s new AI feature can talk to home shoppers like it’s a friend

Zillow launched a new AI-powered feature called “natural language search” that can now interpret home shoppers’ colloquial lingo, much like how they would talk to friends and family. Zillow is the first company to implement […]

Black Knight
Housing Wire

Black Knight offers new servicer solutions to curb foreclosure, late-stage default

January 26, 2023 Allen Santos Comments Off on Black Knight offers new servicer solutions to curb foreclosure, late-stage default

Black Knight recently added the Collections solutions to its suite of solutions as a way for servicers to keep customers in their homes during periods of financial hardship. The Collections solutions are geared toward helping […]

Move
Housing

Why It Makes Sense To Move Before Spring

January 26, 2023 Mark Paul Cervantes Comments Off on Why It Makes Sense To Move Before Spring

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when […]

US
Weely Real Estate News

US housing affordability hell ‘can’t beat’ the Florida heat

January 26, 2023 Allen Santos Comments Off on US housing affordability hell ‘can’t beat’ the Florida heat

The post US housing affordability hell ‘can’t beat’ the Florida heat appeared first on Weekly Real Estate News.

housing
Weely Real Estate News

The housing market recession could be bottoming out. What does it mean for home prices?

January 26, 2023 Allen Santos Comments Off on The housing market recession could be bottoming out. What does it mean for home prices?

The post The housing market recession could be bottoming out. What does it mean for home prices? appeared first on Weekly Real Estate News.

Mortgage
Housing Wire

Mortgage industry veteran Nicole Booth is QC Ally’s new CEO

January 26, 2023 Allen Santos Comments Off on Mortgage industry veteran Nicole Booth is QC Ally’s new CEO

Loan quality and audit services company QC Ally appointed Nicole Booth as its chief executive officer and Melissa Peregord as its new chief growth officer. Booth served as the company’s chief marketing officer prior to […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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