article thumbnail

CoStar poised to acquire UK-based residential portal OnTheMarket

Housing Wire

CoStar Group , the parent company of real estate data giant CoStar , has made an offer to acquire OnThe Market , the third most visited residential property portal in the United Kingdom. The announcement bolsters the claim that CoStar is “playing for keeps in the residential real estate market.” portal for £1.10

article thumbnail

Private-label securities are in demand as investors bet Fed peak is reached

Housing Wire

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. My guess is we’ll do 10 or 11 deals this year in the $5.5

Investor 348
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. Employment in the construction sector is 40,000 higher than its level in February 2020, while employment in residential building is 7.6% The post Residential construction jobs now 7.6%

article thumbnail

FHFA seeks public comment on GSEs’ underserved markets plans

Housing Wire

The Federal Housing Finance Agency (FHFA) this week issued a public request for information for plans submitted by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac under the Duty to Serve (DTS) program that aims to serve underserved markets from 2025 through 2027. As the U.S.

Marketing 310
article thumbnail

Video marketing platform Roomvu launches in the U.S. 

Housing Wire

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

Marketing 347
article thumbnail

Opinion: The “profitless boom” in residential construction

Housing Wire

The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Enter into contracts that are malleable to market prices. Many people are referring to this time as a ‘profitless boom’ for the building industry. The current situation isn’t sustainable.

article thumbnail

Michael Bright: Where residential mortgage-backed securities can take sustainable investing

Housing Wire

Unfettered free market advocates view it as misguided. The Securities and Exchange Commission has begun the process of developing mandated disclosure regimes for funds that consider ESG factors in their marketing material. What does ESG’s growth and current ubiquity mean for residential MBS markets?