Mountain Peaks and Tumbleweeds: Real Estate in Frontierland, USA
Editor’s note: Even in an industry where jobs are determined by the disparate geography and composition of their individual communities, there are realms that transcend the real estate firmament, where markets, environments or policy make the experience of buying and selling homes something else entirely. People who embark on careers in these spaces take on […]
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Housing Starts: Multifamily Dips but Single-Family Holding Steady
Overall housing starts were down 1.6% in September to 1.56 million, pushed down by declines in multi-family construction. The September is the number of housing units builders would begin if development kept this pace for the next 12 months. However, single-family housing production held steady, with strong demand offsetting building material supply shortages and delays, […]
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New FHFA Program Revisions to Promote Housing Sustainability
The Federal Housing Finance Agency (FHFA) recently stated it is expanding eligibility for Fannie and Freddie’s Refinance programs for low- and moderate-income borrowers, as well as restoring the desktop appraisal flexibility. “Expanding eligibility for low- and moderate-income families to refinance their mortgage and lower their monthly payments, together with leveraging desktop appraisals to reduce inefficiencies […]
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MBA Pledges to Promote Equitable Homeownership With New Campaign
Home for all Pledge is a new commitment to promoting minority homeownership; affordable rental housing; and company diversity, equity and inclusion, from the Mortgage Bankers Association (MBA). The pledge was recently announced by Kristy Fercho, MBA chairman and executive vice president and head of Home Lending at Wells Fargo, during the association’s Annual Convention & […]
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Van Zyl Team Brings Investment Expertise to Florida Coast
Marcia and Albert van Zyl—whose husband-and-wife team, Team van Zyl, works under the banner of Berkshire Hathaway HomeServices (BHHS) Florida Realty—serve buyers and investors along the Fort Lauderdale coastline. It took them a few twists of fate for the magic to happen. Marcia Saunders was a young woman from Illinois with a background in advertising […]
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RE/MAX Offices Partner in Northern Arizona
Two of Northern Arizona’s real estate offices, RE/MAX Fine Properties and RE/MAX Peak Properties, have merged. According to the company, RE/MAX Fine Properties has the highest sales volume per agent in the United States for RE/MAX. Last year the brokerage had $1.8 billion in sales and is on track to exceed $2 billion in 2021. […]
Zavvie Provides iBuyer and Power Buyer Programs to JBGoodwin
JBGoodwin REALTORS® is introducing “EasyMove by JBGoodwin,” powered by zavvie. Sellers can now choose an instant cash offer from an iBuyer, a buy-before-you-sell option from a Power Buyer or take the traditional route by listing their home on the open market. EasyMove is available throughout communities across the entire San Antonio, Hill Country and Greater […]
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Builder Confidence High Despite Continued Supply and Affordability Challenges
Builder confidence grew in October despite market challenges such as dwindling affordability due to increasing supply pricing and ongoing shortages. For single-family homes, builder sentiment increased four points to 80, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. The NAHB/Wells Fargo HMI gauges builder perceptions of current […]
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Industry Forecasts Purchase Originations to Increase 9% to Record $1.73 Trillion in 2022
The Mortgage Bankers Association (MBA) recently announced that purchase mortgage originations are expected to grow 9% to a new record of $1.73 trillion in 2022. After an anticipated 14% decline in 2021 to $2.26 trillion, MBA expects refinance originations will slow again next year, decreasing by 62% to $860 billion. MBA’s 2022 outlook was presented […]
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Real Estate Webmasters Wins Gold at Muse Creative Awards
Enjoying explosive growth following the launch of its Renaissance website platform earlier this year, Real Estate Webmasters celebrated another victory last month—winning the 2021 Muse Creative Design gold award for its submission, www.carlycarey.com, the website of luxury real estate professional Carly Carey. The award represents the top prize globally for all real estate websites. The […]
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