Rate introduced two new leaders to its operations in Texas and the West. Brett Snortland joined the company as Senior Vice President of Market Growth and Development, while Torrey Jacoby was named Vice President of Mortgage. Both are Houston-based industry pros who will be working to grow production in Texas and the West in general….
Cornerstone Capital Bank announced a new community lending division to help underserved communities attain homeownership. The new division is based in Arlington, TX, but extends to all 45 states that Cornerstone serves. It aims to close racial and economic gaps in homeownership, shooting to work with 1,000 families in its first year. Specific efforts will…
By ERIN FLYNN JAY Despite calls from corporations demanding employees return to offices in person, remote work has become a part of life for many Americans, with some states offering better opportunities for people who have chosen to work from home. Forbes Advisor’s recent data analysis on remote work in the U.S. revealed San Antonio…
By KIMBERLEY HAAS Companies that use 3D printing technology can revolutionize how homes are built in America, according to the COO of ICON. Graeme Waitzkin spoke about using 3D printing in construction during the National Association of Real Estate Editors conference in Austin, Texas. Participants had the chance to visit ICON’s House Zero on June…
Photo courtesy of NAREE. By KIMBERLEY HAAS Economists tracking the housing market say it’s still a game of wait and see as mortgage rates and other affordability factors weigh heavily on potential buyers and sellers. Lawrence Yun, chief economist at the National Association of Realtors, said he thought the housing market would recover this year,…
By KIMBERLEY HAAS Advances in artificial intelligence and other technologies are changing the game for homebuyers and real estate professionals. Ondrej Linda, a director leading Zillow’s Discovery AI team, said because of advancements in technology consumers today have a better understanding of what is on the market and they can be better matched with a…
Photo: Coastal flooding during storms is an ongoing issue that will continue to impact properties in towns such as Hampton, New Hampshire. By KIMBERLEY HAAS The economic impact of climate change was the opening topic of discussion at the National Association of Real Estate Editors conference on Tuesday. John Rogers, chief innovation officer at CoreLogic,…
New York City and Chicago are primed for severe home price declines if the market turns down. That’s according to ATTOM’s latest Special Housing Risk Report, which highlights county-level housing markets that are primed for declines based on factors like affordability, foreclosures, and underwater mortgages. In Q1 2024, California, New Jersey, and Illinois had the…
The South has lost its sparkle for American movers in the post-pandemic world, but that could change as the region doubles down on producing affordable inventory. More than half of all available inventory in April 2024 was concentrated in Southern states, according to an analysis by Realtor.com. They also boasted the most new listings at…
“Million-Dollar Cities” took even more share in the U.S. as inventory keeps home prices moving up. There are 550 cities where the typical home value is $1 million or more, up from 491 last year, according to a new Zillow report. Home prices were depressed some last year as Americans adjusted to rising rates but…
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