Appraisal Buzz

DECEMBER 10, 2024

Despite those gains, the market still trails the November 2017-2019 average by 20%, with notable regional variation: the South and West are far closer to pre-pandemic levels than the Midwest and Northeast. Compared with the typical November from 2017 to 2019 before COVID-19, the South saw the smallest gap in inventory, down just 1.4%

Housing Market 418

Housing Market Marketing Inventory Government 418

Housing Wire

JANUARY 17, 2025

Diamond was criminally indicted in 2017 and pleaded guilty last year to a federal charge of wire fraud affecting a financial institution, the DOJ said. District Court for the Northern District of Illinois. He was sentenced to 205 months in prison by district court Judge Franklin Valderrama, who also ordered Diamond to pay $2.7

Mortgage 388

Mortgage Law Development Agents 388

Housing Wire

OCTOBER 22, 2024

Guaranteed Rate Affinity was formed in 2017 through a partnership between Rate , formerly branded as Guaranteed Rate , and Anywhere Real Estate , formerly known as Realogy. Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending.

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Lending Mortgage Loan Officers Real Estate 412

Housing Wire

DECEMBER 11, 2024

Lindblom also spent five years at Stearns Wholesale between 2012 and 2017 as the managing director of national fulfillment and operations. Lindblom has also held the COO post at First Guaranty Mortgage Corp., Glenn Stearns Kind Lending and Planet Home Lending.

Mortgage 369

Mortgage Lending 369

Housing Wire

APRIL 21, 2025

Thats the third-highest rate for March since at least 2017 and trails only 2020, when disruptions from the COVID-19 pandemic temporarily froze the market. In March, 13.4% of home purchase agreements fell through, according to Redfin equivalent to about 52,000 transactions.

Sellers 426

Sellers HOA Buyers Real Estate 426

Housing Wire

NOVEMBER 26, 2024

2016: $417,000 2017: $424,100 — 1.7% Importantly, even if home prices fall, the ceiling doesn’t decrease; however, it rises whenever home prices increase year-over-year. Here are the increases in FHFA’s conforming loan limit for one-unit loans for the lower 48 states since 2016. increase 2018: $453,100 — 6.8% increase 2019: $484,350 — 6.8%

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Finance Home Value Mortgage Government 417

Appraisal Buzz

DECEMBER 2, 2024

Between January and September 2024, the average seasonally adjusted annual rate of multi-family completions reached 606,000 units, up from 445,000 units in the same period in 2023, and higher than the 2017-19 pre-pandemic average of 359,000 units. to more than 49 million units by fall 2025, which would be 6.7%

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Advertising Construction Marketing Appraisal 396

Housing Wire

NOVEMBER 22, 2024

In January 2017, Altos recorded an average apartment rent in the city of $1,265. Using 2017, 2018 as a normal level, delivery should start to look normal by 2027, 2028, so I think the market fundamentals will start to shift pretty soon. Data supports Knapp’s perspective. By January 2022, they had climbed to $1,612.

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Housing Wire

JANUARY 14, 2025

Divvy Homes arrived on scene in 2017 with intentions to give Americans an alternative path to homeownership via a rent-to-own model. Maymont Homes, headquartered in South Carolina, manages 10,000 single-family rental properties in its portfolio. Divvy Homes reportedly managed 7,000 homes as of late 2023.

Investors 365

Investors Marketing Housing Market 365

Housing Wire

MARCH 3, 2025

From 2017 until 2023 he served as the CEO of Broadstone Net Lease. Keller Williams has built a global position and an incredible culture of growth and entrepreneurial achievement, and I am thrilled to be part of its next chapter and to serve and support the entire Keller Williams family, Czarnecki said in a statement.

Real Estate 430

Real Estate Legal Agents Technology 430

Housing Wire

JUNE 12, 2025

Kobetz, a lifelong Mendocino County resident, transitioned into real estate in 2017 after a career in his family’s motorsports dealership, where he developed sales and finance experience. Founded in 2020 by broker/owner Benjamin Kobetz, the firm will now operate as Century 21 Kobetz Realty.

Realty 399

Realty Real Estate Brokerage Training 399

Housing Wire

JUNE 2, 2025

Sixteen insurers have exited Floridas market since 2017, while another 16 have gone insolvent. The state has been battered by hurricanes, including Helene and Milton in 2024, which caused more than $100 billion in combined damages. Hialeah, Florida, leads U.S. times higher than the national average.

Insurance 430

Insurance Landlords Construction Marketing 430

Housing Wire

JUNE 20, 2024

The Community Home Lenders of America (CHLA) is calling on both houses of Congress to adopt a mortgage interest credit as the 2017 Tax Cuts and Jobs Act (TCJA) is currently set to expire in 2025. The 2017 law also made interest from home equity loans non-deductible except for when the money is applied to home improvements or renovations.

Mortgage 487

Mortgage Bracketing Law Property Taxes 487

Housing Wire

JANUARY 14, 2025

Before Compass, Sheridan also operated her own PR firm, epgPR , from 2008 to 2017. The Georgetown University graduate joined Compass in 2018 as regional public relations leader on the corporate communications team. These leadership changes follow a trend of growth moves made by Compass in 2024.

Brokerage 370

Brokerage Luxury Properties Realty Development 370

Appraisal Buzz

DECEMBER 12, 2024

Colorados Golden Girls Law: Colorado became the third state, after Iowa in 2017 and Oregon in 2021, to eliminate restrictions on the number of unrelated individuals who can live together in a single home. In Washington, where rents climbed 42% between 2017 and 2023, H.B. These laws mirror Oregons 2023 legislation supporting microunits.

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Law Development Legal Government 221

Housing Wire

DECEMBER 10, 2024

Since 2017, weve had a pretty consistent pace of selling new offices, so that will continue in 2025, regardless of what the market gives us. On the franchise side, we will continue with a pretty rapid expansion of selling to the right franchise owners to open new brokerages throughout the county and overseas. Clear said.

Realty 370

Realty Brokerage Agents Business 370

Housing Wire

APRIL 25, 2025

million in unspent fiscal year 2017 funds that will be redirected into the VASH program for tribes. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced that the department will be adding $2.2 million to the Tribal HUD-Veterans Affairs Supportive Housing (VASH) program. Tony Wied (R-Wis.).

Design 375

Design Tools Development Government 375

Appraisal Buzz

NOVEMBER 14, 2024

Report Highlights: National Housing Survey 2024 Due to sharp rises in property prices and mortgage interest rates, a much larger percentage of consumers now feel it is difficult to locate affordable housing than when we originally posed the topic in 2017.

Construction 369

Construction Development Local Properties Government 369

Housing Wire

JANUARY 30, 2025

Despite this growth, inventory levels are still below levels in 2017 and 2019, Realtor.com said. In total, inventory levels were 10.8% higher than in January 2024, good for the highest level for any January since 2021. Home buyers and sellers are ending a longstanding stalemate, Realtor.com chief economist Danielle Hale shared in the report.

Inventory 367

Inventory Sellers Buyers Marketing 367

Appraisal Buzz

MARCH 5, 2025

a year earlier and the highest cancellation rate for this time of year since at least 2017, the firm reports. More than 41,000 home-purchase agreements fell through in January, equal to 14.3% of homes that went under contract that month, up from 13.4%

Buyers 273

Buyers Inspection Agents Contracts 273

Appraisal Buzz

JANUARY 30, 2025

The inventory gap is also the smallest in the South (-10.0%) and West (-13.3%) when comparing inventory levels to pre-pandemic (2017-2019) levels. below than average levels from 2017 to 2019. Although they nevertheless recorded improvements, the Midwest (+16.8%) and Northeast (+7.8%) lagged behind. 10.7% -0.7% pp Northeast 7.8%

Sellers 332

Sellers Inventory New Listings Contracts 332

Housing Wire

MARCH 7, 2025

Jet HomeLoans, founded in 2017 as a joint venture with Dream Finders, did roughly $2.3 Our intention is to provide better affordability to our customers who are buying Dream Finders homes and pass that along as more competitive offerings for consumers.” billion in mortgage origination volume in 2024.

Sellers 345

Sellers Mortgage Business 345

Housing Wire

MAY 22, 2025

In Philadelphia , notary public Gwendolyn Schell was recently charged for her alleged involvement in an extensive property theft operation dating back to 2017. High profile case in Philadelphia Deed fraud typically involves scammers filing forged or altered property deeds to claim ownership of a home often unbeknownst to the rightful owner.

Real Estate 320

Real Estate Legal Law Real Property 320

Housing Wire

SEPTEMBER 4, 2024

19, 2017, which went into effect later that year. 19, 2017,” FHA said in its announcement. The rule also reaffirms the interest rate used for the payment of debenture interest for HECM claims to align with the January 2017 rule. The updated rule builds upon several changes that FHA made to the HECM program on Jan.

Mortgage 441

Mortgage Legal Development Insurance 441

Appraisal Buzz

JANUARY 13, 2025

Nevertheless, inventories is still slowly returning to levels seen in 2017 and 2019. . +1.3% +49.0% Decembers year-over-year growth of 22% was little less than Novembers 26.2% growth, despite the fact that properties actively for sale increased for the fourteenth consecutive month.

Inventory 354

Inventory New Listings Sellers Marketing 354

Housing Wire

MAY 7, 2025

Claims tied to questionable accounting Fitts cited a 2017 report by Michigan State University economist Mark Skidmore, who said he and a team of researchers uncovered $21 trillion in unsupported financial adjustments at the Department of Defense and HUD between 1998 and 2015. government has not responded to her assertions.

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Transportation Government Development Design 408

Housing Wire

MARCH 27, 2025

Buehler, a two-time World Series champion and All-Star, debuted with the Los Angeles Dodgers in 2017. ERA is also partnering with Boston Red Sox pitcher Walker Buehler for a social media series called “On the Move” that highlights his career milestones. “We are proud to be part of that classic piece of Americana.”

Real Estate 240

Real Estate Advertising Inventory Marketing 240

Housing Wire

MAY 12, 2025

Sprout Realty founded in 2017 by Cooper is known for its strong focus on agent development and local market knowledge. Under the new structure, Cooper and Barrett Tilson, Sprout Realtys chief operating officer and co-owner, will continue to lead the firm.

Real Estate 316

Real Estate Realty Agents Investing 316

Housing Wire

MAY 22, 2025

Thats the second-highest rate for the month of April since 2017, just behind April 2020 during the COVID-19 pandemic. Contract cancellations spike Redfin also reported that approximately 56,000 U.S. home purchase agreements were canceled in April, or 14.3% of homes that went under contract that month.

Sellers 385

Sellers Inventory Buyers Contracts 385

Housing Wire

JULY 7, 2025

The CFPB also said Fay Servicing violated a 2017 consent order that addressed similar issues, claiming the company “continued to break the law.” In addition, the company allegedly failed to cancel private mortgage insurance (PMI) on time and charged late fees exceeding what was permitted under borrowers’ mortgage contracts.

Law 334

Law Contracts Insurance Technology 334

Appraisal Buzz

NOVEMBER 8, 2024

The third-quarter 2024 study from ATTOM examines eligible low-income Opportunity Zones that Congress designated for economic revitalization under the 2017 Tax Cuts and Jobs Act. In this analysis, ATTOM examined 3,857 U.S. zones that had at least five home sales in the third quarter of 2024 and had enough data to analyze.

Housing Market 369

Housing Market Marketing Design Home Value 369

Housing Wire

AUGUST 21, 2024

A CFPB order issued on Wednesday mentions violations of mortgage servicing laws and of a previous 2017 order that addresses the same issue. Fay Servicing “failed to implement the 2017 measures and continued to break the law,” the CFPB claims.

Law 417

Law Contracts Insurance Mortgage 417

Housing Wire

DECEMBER 23, 2024

In previous enforcement actions related to claims of kickbacks, the Bureau issued orders against Freedom Mortgage Corporation and Realty Connect USA Long Island in mid-August 2023, its first such enforcement action since 2017.

Real Estate 403

Real Estate Brokerage Clients Agents 403

Housing Wire

MAY 28, 2025

By October 2017 one year prior to opening the reverse mortgage he made 13 different transfers from the victims account to the ones he controlled. There was a total of more than 600 transfers of the victims funds to accounts controlled by Parks, the DOJ said.

Mortgage 325

Mortgage Design Clients Law 325

Appraisal Buzz

AUGUST 1, 2024

Although inventories remains below pre-pandemic levels, the difference between the levels in 2017–2019 and the current levels is decreasing. Nevertheless, it’s still more than a week (8 days) shorter than the average house spent in July from 2017 to 2019, even if it was listed for five extra days in July 2023. and 47.6%, respectively.

Inventory 418

Inventory Sellers Buyers Housing Market 418

Appraisal Buzz

JANUARY 17, 2025

Thats the highest December percentage in records dating back to 2017, and is up from 15.1% Nearly 40,000 home-purchase agreements were canceled in December, equal to 16.2% of homes that went under contract that month. a year earlier.

Contracts 397

Contracts New Listings Real Estate Agent Mortgage 397

Housing Wire

APRIL 9, 2025

Based on a review of the loan performed in 2017, HUD notified MetLife and the borrowers son of their potential liability under the Program Fraud Civil Remedies Act of 1986 […] for causing a false claim to be made regarding the eligibility of an FHA HECM loan, the entry said.

Mortgage 354

Mortgage Insurance Retail Legal 354