As economic concerns grow, a new survey from Realtor.com shows that a significant share of prospective homebuyers may view a potential recession as an opportunity rather than a deterrent. According to the survey, 63.4% of respondents expect a recession within the next year, reflecting the highest level of concern since 2019. Despite that, nearly 30% […]
Sidelined homebuyers see opportunity in a possible recession Read More »
Compass announced Monday that Anchor Home — a top-producing real estate team formerly known as Stahley Thompson Homes — has joined the firm’s office in Annapolis, Maryland. Led by broker Jennifer Chino, the Anchor Home team also includes Whitney Jerdal, Angela Hays and Ashley Earle. Collectively, the group brings more than $400 million in career
Maryland-based Anchor Home joins Compass Read More »
Kind Lending today announced the appointment of Geri Farr as its senior vice president of West retail sales. Farr, who has over a decade of leadership in the mortgage industry, will focus on helping the company grow its expansion across the West and is tasked with strengthening teams and driving performance across the region. According
Kind Lending appoints new SVP to drive retail sales in the West Read More »
There’s yet another new executive in the HomeServices of America ecosystem. Vince Leisey has been named the president of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS), which is the residential real estate franchise network owned by HomeServices of America. “Vince’s passion for the network and our franchisees, coupled with his results-oriented approach makes
Vince Leisey hired as president of HSF Affiliates Read More »
ERS Real Estate Group, the residential arm of Omaha, Nebraska-based Elite Real Estate Systems LLP, is making the move to eXp Realty, according to an announcement on Tuesday. Founded by Jeff Cohn and Renee Mueller, the team has 53 agents and closed 575 transaction sides for $170 million in sales volume in 2024. ERS Real
eXp welcomes top-producing team in Nebraska Read More »
Zillow will begin a “phased rollout” of its listing access standards policy, which bans publicly marketed listings not entered into the MLS, on May 28. In a blog post on Tuesday, Zillow offered agents some clarifications and guidance on its new policy and how it will be implemented. “Publicly marketed listings should be entered in
Zillow will begin banning noncompliant listings on June 30 Read More »
Housing issues for U.S. veterans continue to be a major topic of conversation among housing advocates and lawmakers. Despite Monday’s passage of a bill to establish a partial claim option for veterans, some are still calling for the reinstatement of the Veteran Affairs Servicing Purchase (VASP) program. VASP was started last year under the Biden
Despite new veteran partial claim bill, some advocates call for VASP revival Read More »
Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence to suggest they’ll move much higher and further constraint housing affordability. On Tuesday, 30-year conforming rates averaged 6.93% while 15-year conforming rates averaged 6.76%, according to HousingWire’s Mortgage Rates Center. In comparison, these figures stood at 6.88%
Mortgage rates remain close to 7%, but there are positives for housing Read More »
The government-sponsored enterprises (GSEs) have been under the conservatorship of the federal government since the 2008 financial crisis, and for some time now many in the mortgage industry have thought this should end. But what is the goal of ending the conservatorships for Fannie Mae and Freddie Mac? GSE reform was up for debate at
What’s the goal of ending the Fannie and Freddie conservatorship? Read More »
First American Data & Analytics released its April 2025 Home Price Index (HPI) report on Tuesday, revealing that house prices nationally are now 57.2% higher compared to pre-pandemic levels. Month over month, the HPI changed +0.4% and tear over year the HPI changed by +2.0%. The report noted that home-price growth reported in last month’s
National home prices reached record high in April: First American Read More »