HousingWire
- Did lower mortgage rates slow housing inventory growth?After two weeks of significant increases, my model for inventory growth with higher mortgage rates came crashing down last week.
- Labor market report is good news for mortgage ratesFriday's jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.
- Virginia Realtors: Zillow’s touring agreement may not be legalVirginia Realtors published a note on Friday calling into question the legality of Zillow's touring agreement.
- Low inventory creates challenging conditions in North Carolina’s housing marketWith homeowners reluctant to give up their low interest rates and few new construction options available, supply is running short.
- Tri-state area housing shortage could cost the region economically The tri-state area of New York, New Jersey and Connecticut may face a housing shortage of 920,000 units by 2035.
- Remote reverse mortgage counseling now permanently permitted in MassachusettsAfter a long-held face-to-face restriction, reverse mortgage counseling can now be conducted remotely in Massachusetts
- NAR settlement terms slated to go into effect in mid-AugustIn a letter to members on Friday, NAR chief legal officer Katie Johnson outlined the policy changes that are coming into effect in August.
- eXp acquires 500-agent independent brokerage in FloridaeXp Realty has acquired Broker’s LLC, a 500-agent independent brokerage based in South Florida and founded by Claudia Serna.
- FHA extends foreclosure moratorium on Hawaiian island of MauiFHA is extending its foreclosure moratorium for the island of Maui, guidance that applies to its forward and reverse mortgage programs
- RealReports partners with New England-based MLSProptech company RealReports announced a partnership with New England-based PrimeMLS and its 12,000 member agents.