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DataDigest: In the nation’s hottest housing market, flood insurance premiums soar

Housing Wire

housing markets , recording some of the highest year-over-year growth in March, as measured by the CoreLogic Home Price Index. billion per year by 2050 from the base period in severe climate-risk scenario,” economists at CoreLogic said. Here are the 10 counties with the highest annual loss projections through 2050.

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How originators can capitalize on reverse mortgage business in light of the changing housing market

Housing Wire

With a housing market in transition , originators are looking to seize profitable opportunities that benefit both borrowers and their own bottom lines. But originators need to see the big picture that extends beyond our current economic climate—the market for reverse mortgages is enormous and growing.

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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

A lot of my clients will get insurance quotes three months into the project and then about a year later they are getting their final quote. Scalone said he recently wrote a policy for clients buying a home in Claremont, the Serra Mesa area of San Diego, which is an urban environment. “A

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HW+ Member Spotlight: Josh Mettle

Housing Wire

3) Inflation and higher interest rates will likely lead us into the next recession, which contrary to popular belief, can be positive for the housing market due to lower interest rates. HousingWire: What do you think will be the big themes for the housing market in 2022?