article thumbnail

William Raveis acquires South Carolina-based Carson Realty

Housing Wire

Founded in 2006, Carson Realty serves clients in the South Carolina markets of Hilton Head, Bluffton and Lake Keowee. As operating partners, we help agents succeed with our world-class coaching, marketing, and innovations like Raveis365, a one-of-a-kind communication and technology platform developed exclusively for us by Microsoft.“

Realty 401
article thumbnail

HECM program study assesses policy impacts of recent years

Housing Wire

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. The bulk of losses came from loans that originated between 2006 and 2010,” the report stated.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here’s why we won’t see a housing crisis after COVID-19

Housing Wire

Vaccine development is progressing with some promising early results. We didn’t have a boom in cash-out loans either, so the equity has not been whittled down like what we saw from 2003-2006. August is upon us, and the growth in the rate of new infections appears to be slowing. What can we expect post COVID-19? Already a member?

article thumbnail

Nominations for the 2023 HW Finance Leaders award are now open

Housing Wire

Since joining Fannie Mae in 2006, Halley has proven her ability to lead, taking over as executive vice president and chief financial officer in 2021. Last year’s list was full of massive talent across several sectors of housing.

Finance 404
article thumbnail

Rising home prices take a toll on pending home sales

Housing Wire

In September, CoreLogic’s Case-Schiller home price index saw the greatest year-over-year gain since 2014, and climbed nearly 23% higher than its last peak in 2006 as multiple economists forecasted prices to continue their upwards growth. At this rate, Yun said even low interest rates have a limit to how much they will help affordability.

Realtors 532
article thumbnail

Sixth recession red flag raised, despite strong jobs report

Housing Wire

This week I presented my six recession red flag model to the Committee For Economic Development of The Conference Board (CED) — the committee that created the leading economic index. “Since its inception in 1942, CED has addressed national priorities to promote sustained economic growth and development to benefit all Americans.

article thumbnail

Building material prices take their toll on new home sales

Housing Wire

Census Bureau and the Department of Housing and Urban Development. to the highest level since 2006. Even so, we expect new home sales to trend higher for the remainder of 2021, with sales for the year at the highest level since 2006.” lower than the revised March rate, according to a joint analysis from the U.S.