Remove Closing Remove Land Remove Sales
article thumbnail

Realtor.com: Federal land sales would offer limited housing relief

Housing Wire

Selling federally owned land to private housing developers may help ease inventory shortages in certain areas — but it’s unlikely to solve the nation’s broader housing crisis, according to a new report from Realtor.com. The report estimates that nearly 10 million acres of land would be needed to build 3.8

article thumbnail

Existing-home sales take a sleigh ride to the sky with highest jump since 2021

Housing Wire

The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 The jump in sales gives the market momentum heading into 2025, which is expected to outperform 2024. The growth also bucks the historic trend of sales dropping between October and November.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Tech Pulse: Realtor.com acquires Zenlist; Zillow unveils new tools

Housing Wire

CertifID lands $47.5M The integration streamlines mortgage closings, cuts costs for borrowers by up to 70%, and reduces loan cycle times — marking a shift toward faster software-driven title solutions for lenders and homebuyers alike. Series C funding to expand security capabilities CertifID has raised $47.5

article thumbnail

The Federal Reserve’s housing recession dilemma

Housing Wire

The existing home sales market does not align with their dual mandate of ensuring stable personal consumption expenditures (PCE) or consumer price index (CPI) prices, as these measures account for rent. Instead, the existing home sales market is more about transferring commissions rather than causing significant job losses in the economy.

article thumbnail

From consultation to closing: The definitive homebuying checklist

Housing Wire

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

article thumbnail

Why title insurance is essential to the U.S. system of property rights

Housing Wire

By contrast, many European countries have a centralized, government-managed land registration system, which requires government review before property transfers are effective. system are the speed of the transfer, which in our system depends only on the parties being ready to close. Nor are the land records authoritative.

article thumbnail

How a luxury real estate agent fell for a listing scam

Housing Wire

Why listing scams are on the rise Unlike home sales, land transactions often skip in-person meetings or property access, which makes it easier for scammers to impersonate legitimate owners without detection. Watch for these red flags Repeated use of the same property Scammers often recycle the same land listings. Use a service.