US annual rent growth slows for the 17th straight month in September: CoreLogic
Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three years. That’s according...
CMG Financial adds Shamrock’s $300M-plus origination team
California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England.
That’s not the first addition to CMG this year. In...
Home prices will fall in 2024: Morgan Stanley
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home...
Existing-home sales have nowhere to go but up in 2024?
Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010.
Existing-home sales dropped...
HousingWire Magazine: October/November 2023 – HousingWire
On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. Having referred to this phrase for over...
6 ways real estate agents can use AI to become the ultimate authority
You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s...
HousingWire Magazine: October/November Supplement – HousingWire
Perhaps the only predictable thing about the mortgage industry is its unpredictability. We all know the market is cyclical, but no one enjoys seeing the downside,...
Building a fairer financial future with rent payment reporting
California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own...
Housing inventory is seeing unusual gains in November. Should we be worried?
https://www.youtube.com/watch?v=BmRSih63PuE
Last week, I asserted that housing inventory growth had finished for the year. Turns out I was wrong!This week, the available inventory of unsold single-family homes...
American Pacific Mortgage names Bill Lowman chairman of the board
California-based retail lender American Pacific Mortgage (APM) has named vice chairman Bill Lowman as its chairman of the board, succeeding APM founder Kurt Reisig.
Lowman will continue...