Housing Wire

NOVEMBER 1, 2024

Excluding the one-time events, the manufacturing data is getting softer and the residential construction sector is at risk with higher rates again, as the housing starts and permits data are at COVID-19 recession levels today. Now, the internals of the data lines, such as the hires and quit percentages, are weaker than the 7.4

Mortgages

Housing Wire

MARCH 18, 2025

However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. For those looking for recession signals , a decrease in the number of residential construction workers is usually an early sign. Why haven’t the homebuilders started doing layoffs? This is 11.2

Construction

Housing Wire

MAY 2, 2025

This report shows a loss of manufacturing jobs, and although construction jobs increased, residential construction labor slightly declined. Residential construction labor We’ve noticed a slight month-to-month decline, which well monitor closely as we approach 2025. percent, the U.S. Federal government employment declined.

Mortgages

Housing Wire

MARCH 7, 2025

economy can withstand job losses in the government sector, reduced spending in the economy, and a housing market on the brink of losing residential construction projects. This leads us back to the private sector and residential construction jobs. Labor over inflation has been my mantra since late 2022.

Mortgages

Housing Wire

JANUARY 10, 2025

Residential building construction added 3,500 jobs from November, while residential specialty trade contractors added just 500 positions. The bulk of the job gains in December occurred in the care (+46,000 jobs), government (+33,000 jobs), retail trade (+43,000 jobs), and social assistance (+23,000 jobs) sectors.

Residential

Housing Wire

JANUARY 9, 2025

Kevin Peranio , chief lending officer for Paramount Residential Mortgage Group (PRMG), lives in the Orange County area and said hes witnessed the effects of being displaced by the wildfires. This law applies to those who sell food, emergency supplies, medical supplies, building materials, and gasoline.

Marketing

Housing Wire

JULY 21, 2025

The platform — called Finding Homes — allows users to search listings using natural speech through Alexa-enabled devices or apps. It’s available in both English and Spanish and was developed by Lundy Inc. “This partnership reflects our ongoing commitment to inclusivity, accessibility, and innovation in real estate.”

Development

Housing Wire

JULY 10, 2025

The merger brings seven commercial agents from RE Source to RedKey’s existing team of approximately 200 residential agents. With the addition, RedKey aims to provide expanded services for both residential and commercial clients across the St. Louis region. RedKey is the right partner,” Dearing said.

Commercial

Housing Wire

JANUARY 27, 2025

However, as illustrated in the chart above, whenever residential construction workers begin to lose their jobs, a recession is typically not far behind. Without more clarity on mortgage rates , substantial growth in housing permits is unlikely. Census Bureau and the Department of Housing and Urban Development. percent (19.7 percent (16.2

Sales

Housing Wire

MARCH 4, 2025

The Treasurys announcement could still impact the title and settlement services industry as it works to prepare for the anti-money laundering (AML) regulations for residential real estate transfers, ALTA explained. FinCEN began accepting BOI reports from new and existing companies in January 2024. This rule, which goes into effect Dec.

Title

Housing Wire

JANUARY 17, 2025

Between residential and commercial market professionals, SitusAMC can guide all financiers toward increased profit, efficiency, and sharper analytics. The real estate company empowers residential real estate market originators with a licensed underwriting model and loan fulfillment component services , respectively.

Marketing

Housing Wire

APRIL 3, 2025

One important data point that we consistently monitor in the jobs report released on Friday which plays a vital role in my recession model is the number of residential construction workers. Mortgage rates have reached the lowest levels of the year today as the 10-year yield dropped significantly on tariff news.

Mortgages

Housing Wire

JUNE 26, 2025

Two of Chicago’s largest independent real estate firms — Baird & Warner and Dream Town — have announced a merging of operations, creating a top residential brokerage in the region based on 2024 home sales , the companies said. Baird & Warner is ranked No. The firm is also ranked No. 1 in Illinois by sales volume and No.

Brokerage

Housing Wire

DECEMBER 2, 2024

The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” Real estate investment and operating platform Wrightwell has secured a new financing round while forging a partnership with Bain Capital and Saluda Grade. according to a statement from Wrightwell. “We

Finance

Housing Wire

JULY 24, 2025

About 11,000 residential properties totaling $51.7 The report, released on Thursday, uses data from the Los Angeles City Council , which provided a list of 11,125 residential parcels inspected after the wildfires. billion in value in Los Angeles were impacted by January’s wildfires , according to a new report from Redfin.

Residential

Housing Wire

JUNE 18, 2025

Class Valuation has launched a new appraisal review product designed to bring greater clarity and oversight to residential valuations. The new tool, Class Valuation Analysis (CVA), offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model (AVM) technology. “In

Due diligence

Housing Wire

JANUARY 9, 2025

RLTY Capital acquires pending residential and commercial commissions, allowing agents to access that money on an expedited timeline. A startup that wants to help independent real estate agents and brokers manage the logistics of their business is getting a big boost. ” RLTYco provides four primary services.

Commercial

Housing Wire

AUGUST 5, 2025

Hauser also has experience in the residential brokerage start-up world, moving to Boston in 2021 to build the firm’s presence in Cambridge and Boston. is strengthening its leadership team in the key markets of New York and Connecticut. Hauser joins SERHANT. from Four Seasons Sotheby’s International Realty. I’m thrilled to join SERHANT.

Brokerage

Housing Wire

JULY 15, 2025

As I often point out, residential construction workers are a key labor recession trigger. As I often point out, residential construction workers are a key labor recession trigger. Housing inventory growth has been a blessing for the existing home sales market, cooling price growth and giving homebuyers a bit more advantage in 2025.

Construction

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. According to a filing from the California Department of Financial Protection and Innovation dated Oct. 18, LoanSnap had its license revoked after it failed to renew its surety bond.

Lending

Housing Wire

JULY 16, 2025

The residential brokerage space has long heard whispers of a Compass acquisition of Berkshire Hathaway HomeServices of America (BHHS), and those whispers turned into open chatter when the Wall Street Journal reported in March that the two were in talks. Both companies denied it, and no such deal has materialized. For SERHANT. it was 2,821.

Brokerage

Housing Wire

NOVEMBER 22, 2024

According to Redfin, an investor is “any institution or business that purchases residential real estate,” which includes both institutional and mom-and-pop investors. As the U.S. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% Investors purchased $38.8 Now there’s a middle ground.

Investor

Housing Wire

JULY 7, 2025

residential real estate is drawing increasing interest from international investors —particularly in Latin and South America — according to Miami -based Waltz , a digital mortgage platform that caters to foreign buyers. homes, Waltz noted. “The demand from Latin America was immediate and that is not surprising — U.S.

Investor

Housing Wire

MAY 29, 2025

Indeed, the total residential subservicing market declined to $3.96 Cooper while other clients are reportedly reassessing their own positions. The long-term impact on Mr. Cooper remains uncertain, but the broader competitive landscape is clearly shifting. trillion as of Dec. 31, 2024, down from $3.99 trillion a year earlier, per IMF.

Mortgages

Housing Wire

DECEMBER 17, 2024

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. The rule will implement a congressional mandate to establish consumer protections for residential PACE loans.

Loans

Housing Wire

MAY 22, 2025

Its current zoning laws are considered restrictive by some housing advocates, but the Senate last week moved to support a House bill that would allow for residential construction in areas zoned for commercial use. It is also considering a separate bill to permit manufactured housing construction in all residentially zoned areas.

Residential

Housing Wire

DECEMBER 12, 2024

Chris Raveis, the company’s president of residential sales, welcomed the JRE team in a statement. Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE).

Brokerage

Housing Wire

DECEMBER 6, 2024

According to eXp, Smith’s expertise goes beyond residential real estate. Brokerage giant eXp Realty is adding a superstar agent to its ranks. The company announced the recruitment of Phoenix -based agent Joshua Smith, a high producer who closed 297 transactions in 2023. agents by the The Wall Street Journal.

Agents

Housing Wire

JULY 31, 2025

Johnson is a five-time “Leader of Influence in Residential Real Estate” honoree by the San Diego Business Journal and has received commendations from the California State Senate and U.S. Together, we are creating new opportunities for agents to thrive and redefine what success looks like in real estate.” House of Representatives.

Brokerage

Housing Wire

OCTOBER 15, 2024

1 and Sept 30 of this year based on prices for closed residential sales. A recent report from real estate data provider PropertyShark ranked California , New York and Florida as the states with the most expensive ZIP codes in 2024. The report listed the 100 most expensive ZIP codes between Jan. million this year. 3 spots nationally.

Residential

Housing Wire

OCTOBER 24, 2024

We had no growth in residential construction work hiring earlier in the year when rates were higher. However, even with that reality, when mortgage rates were at 7.50% earlier in the year, housing starts and permits were heading lower, single-family permits were heading lower and the builder’s confidence was falling. percent (±14.7

Sales

Housing Wire

JANUARY 2, 2025

The MBA’s weekly applications survey includes closed-end residential mortgage applications originated through retail and consumer-direct channels. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays. Mortgage demand declined 21.9% 27, the MBA reported.

FHA loan

Housing Wire

MAY 15, 2025

Seller financing spans residential, commercial and land transactions, with residential making up 63% of all deals over the past three years, Note Investor reported. Today, Leahy sees a similar affordability crisis. Why is the real estate market stuck right now? Most people think its because of interest rates, Leahy said. on its own.

Finance

Housing Wire

AUGUST 1, 2025

Residential construction workers Residential construction workers are very key to my economic cycle modeling work when we need to be mindful of recessionary data. Job growth came in at 73,000 and the unemployment rate stands at 4.2%. What does this mean? What did the bond market do? In today’s report, we saw a decline in this labor.

Construction

Housing Wire

NOVEMBER 15, 2024

While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. That’s right, there are Black Friday home sales! The promotion applies to select homes in various housing developments across multiple cities.

Fixed-rate mortgage

Housing Wire

JULY 24, 2025

Campbell, a longtime sales professional, now leads the firm as owner and broker — overseeing residential real estate operations across the city of Baltimore and the surrounding counties of Baltimore, Cecil, Harford, Howard and Montgomery. Century 21 Real Estate has added a new affiliate in the Baltimore area. metro as well.

Branding

Housing Wire

APRIL 18, 2025

Planting his roots Stone got his industry start at just 25 years old, quickly making a name for himself while taking on a variety of projects including residential subdivisions, warehouses and even a medical office condominium. I did residential, I did commercial, you name it. Its surreal, Stone said. I started in April of 1975.

Title