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Cash Sales Hit Lowest Point Since 2006

All-cash transactions comprised nearly 31 percent of all single-family residential home sales nationwide in July 2015, marking a decline of more than three full percentage points year-over-year, according to CoreLogic cash sales data released on Friday.

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HUD Issues Proposed Rule to Protect Housing Harassment Victims

HUD announced Wednesday that it is issuing a proposed rule to protect consumers being harassed in housing. The newly proposed rule would formalize standards to bring about claims under the Fair Housing Act. The rule, also known as "Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices under the Fair Housing Act,” was published in the Federal Register today for public comment.

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Clayton Holdings Acquires ValuAmerica

Provider of loan due diligence, surveillance, REO management, valuations, and consulting services to the mortgage and real estate industries, Clayton Holdings LLC, recently announced its newest acquisition: ValuAmerica, Inc., a Pittsburgh-based, national title agency, appraisal management company, and technology provider.

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Auction Companies & Agents Learn to Collaborate for Success

What was once an extremely acrimonious relationship is getting better all the time. According to a panel of experts at the 2015 Five Star Conference and Expo Friday, real estate agents and real estate auction companies are learning that a harmonious collaboration is the best solution for all parties involved.

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Cash Sales Share Lowest Since July 2008

According to CoreLogic's August 2015 Market Pulse report, the share of total residential home sales in May 2015 that was made up of all cash sales was 31.9 percent, down from 35.1 percent in May 2014.

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LRES Hires New SVP of Sales

LRES Corp., a national appraisal and REO management company offering property valuations, asset management, and technology solutions for mortgage bankers, lenders, servicers, credit unions, and private investors, recently announced the hiring of Nick Grant as its new SVP of sales.

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Cash Sales Share at Lowest Point Since 2008

The share of cash sales in the housing market have dropped to their lowest point since September 2008. According to the CoreLogic July 2015 MarketPulse report, cash sales made up 33.7 percent of total home sales in April 2015, a decrease from 37.4 percent in April 2014.

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