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Master planned communities post strong new home sales numbers in 2023

Housing Wire

According to a survey released Tuesday by John Burns Research & Consulting , the top 50 MPCs sold more than 34,600 new homes in 2023, up 24% from the nearly 28,000 sales in 2022. And in 2023, each of the top 50 communities sold at least 368 homes, although that’s fewer than the 2021 record of 460 sales per community.

Sales 445
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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 385
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Layoffs hit Sales Boomerang, Mortgage Coach

Housing Wire

Mortgage fintechs Sales Boomerang and Mortgage Coach reduced employee headcount by at least 20 this month as the industry struggles to stay afloat amid mortgage lenders rightsizing during one of the most challenging times. Sales Boomerang and Mortgage Coach declined to comment on the size and reason for the layoffs.

Sales 404
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Housing Market Tracker: Inventory falls even lower

Housing Wire

Mortgage rates didn’t move much last week, but the 10-year yield rose even though inflation data was tamer than expected, and we had a weaker retail sales report number. In 2007, when sales were down big, total active listings peaked at over 4 million. Purchase application data rose again, with more positive than negative data in 2023.

Marketing 534
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Movement taps Brady Yeager for national sales director role

Housing Wire

Movement Mortgage has tapped Brady Yeager to join the team as national sales director, a role that will lead the expansion of Movement across the country. In his role as national sales director at Movement, Yeager will focus on the company’s growing sales team.

Sales 339
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Sales of large homes skyrocket as homeowners seek more space

Housing Wire

Homebuyers who are juggling work and school from their home want more space, triggering an increase in the number of sales of large homes. According to Redfin , sales for large homes were up 21.2% But affordability still reigns, which is why the market for large homes isn’t much hotter than for smaller homes,” Fairweather said.

Sales 545
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FinCEN expands GTOs of all-cash home sales yet again

Housing Wire

real estate market to launder money. real estate market to launder money. Our real estate market is a relatively stable store of value, and it can be opaque, and there are gaps in industry regulation,” Andrea Gacki, FinCEN’s director, said in early October. real estate market in December 2021.

Sales 387