According to a new report from Redfin, the median monthly asking rent in the U.S. increased 15% year-over-year to a record high of $1,962 in April—slightly below March’s ...
Read More »Brenda Hedeen Named CFO of Open Mortgage
Open Mortgage has selected Brenda Hedeen, CPA, as its new CFO to spearhead the firm's finance and accounting operations. In addition, Anthony Nolte, Open Mortgage's CFO and legal ...
Read More »California Renters Have Least Personal Space
The high cost of living in California combined with over-populated cities and a lack of available apartments, is pushing more people to live under the same roof in order to afford monthly rental and mortgage payments.
Read More »Fannie Mae Issues $5 Million to Help Advance Racial Equity in Housing
The latest issuance of the 2022 Sustainable Communities Innovation Challenge in efforts to further advance racial equity in housing, will implement and remove barriers currently preventing many households from purchasing or renting a home.
Read More »Homes Selling for Nearly 60% Above List Price Nationwide
According to a new report from Redfin, the typical home for sale found a buyer in just 15 days —the fastest pace on record— during the four-week period ...
Read More »FNF Names Brian Maughan Chief Innovation Officer
Prior to his new role, 10-plus year veteran advanced FNF’s technology initiatives, and sales and marketing efforts, along with real estate technology investments.
Read More »Percentage of Underwater Homes Increase in More Than Half the U.S.
Twelve of the 15 states with the biggest increases in the percentage of mortgaged homes considered seriously underwater from Q4 2021 to Q1 2022 were spread across the South and Midwest.
Read More »Homeowner Equity Growth Lowers LTV Ratios Nationwide
Lowered LTV ratios provide a non-distressed sale option to homeowners that can no longer afford their current property, while supply remains constrained for both distressed and non-distressed properties.
Read More »Newrez Partners with One Tree Planted
In honor of Earth Day, Newrez LLC, concluded its second annual campaign to make a positive impact on the environment by planting 10,000 trees. The Company’s weeklong campaign ...
Read More »Nationwide Housing Supply Prepares to Rebound?
According to the Realtor.com Monthly Housing Trends Report, new data suggests that the U.S. housing supply is preparing to rebound, as active listings posted the smallest year-over-year declines ...
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