Housing Wire

DECEMBER 18, 2024

Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. It’s important to note that remodeling workers comprise a significant portion of the residential construction workforce.

Construction 503

Construction Residential Sales Mortgages 503

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. Temporary help services lost jobs. Employment declined in manufacturing due to strike activity.

Mortgages 499

Mortgages Residential Construction Marketing 499

Housing Wire

JUNE 6, 2025

Each year, our mission with RealTrends Verified is to provide a trusted benchmark for performance in residential real estate,” said Caroline Scanlon, Director of RealTrends Verified. Independent agents led the way among individuals with 75 agents. RE/MAX was second for individual agents with 64.

Agents 409

Agents Residential Branding Banks 409

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. In the coming months, we will see if the U.S.

Mortgages 409

Mortgages Marketing Residential Construction 409

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 386

Residential Construction MLS Mortgages 386

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. Click Here

Marketing 368

Marketing Residential Commercial Loans 368

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. Federal government employment declined.

Mortgages 409

Mortgages Construction Residential As-is 409

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?

Construction 408

Construction Residential Sales New Construction 408

Housing Wire

MARCH 3, 2025

In addition to this, he has previously served as CEO and abroad member of Broadstone Real Estate Access Fund and Broadtree Residential , and has held leadership roles in commercial real estate lending and credit analysis at BB&T. During his time there he led the companys $629 million IPO.

Technology 425

Technology Residential Commercial Brokerage 425

Housing Wire

MAY 22, 2025

“The LibreMax team brings significant experience in the residential real estate asset class and has been exceptionally supportive of Legacys growth plans.

Principal 341

Principal Residential Lending Technology 341

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. This rule, which goes into effect Dec.

Title 354

Title Residential Finance Land 354

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. The last report shows that the unemployment rate rose from 4% to 4.1%.

Mortgages 532

Mortgages Residential Construction As-is 532

Housing Wire

JANUARY 8, 2025

CoreVest was acquired by Redwood in 2019 and is the REITs business-purpose lending division that specializes in loans for residential investment properties. Redwood, founded in the early 1990s as the need for more private investors in the mortgage market grew, intends to provide liquidity for these new loan types to its origination partners.

Equity 413

Equity Loans Lending Residential 413

Housing Wire

DECEMBER 2, 2024

The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” The deal will yield as much as $300 million in new investments into single-family rental (SFR) and built-to-rent (BTR) properties. according to a statement from Wrightwell. “We

Finance 386

Finance Residential Commercial Construction 386

Housing Wire

JANUARY 10, 2025

The key data line for me in this part of the economic cycle is residential construction jobs , and while that data is not growing much anymore, its not declining, as we can see below. If the residential construction worker jobs decline, that can push us to a higher unemployment rate since we already have job losses in this sector.

Mortgages 471

Mortgages Residential Construction As-is 471

Housing Wire

JANUARY 2, 2025

The 10-year yield is projected to be between 3.80% and 4.70% For mortgage rates to go lower, we need to focus on the labor market, which has been critical to every economic cycle in recent history, and particularly the labor market for residential construction and remodeling.

Mortgages 494

Mortgages Construction Residential Sales 494

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!

Fixed-rate mortgage 400

Fixed-rate mortgage Closing costs Residential Finance 400

Housing Wire

APRIL 30, 2025

A new HousingWire survey of select residential real estate professionals offers the most comprehensive look yet at how the landscape is shifting. It’s been more than a year since the NAR settlement was announced, and the residential real estate commission structure has shown resilience.

Residential 384

Residential Agents As-is Marketing 384

Housing Wire

NOVEMBER 18, 2024

Department of Housing and Urban Development (HUD) on Monday announced a proposal to shift its Title I home loan programs to the use of the Uniform Residential Loan Application (URLA) that would more closely align them with broader industry standards.

Title 370

Title Loans Industrial Residential 370

Housing Wire

JUNE 12, 2025

Kobetz Realty currently serves clients across Mendocino, Lake and Sonoma counties with services in residential , commercial and ranch real estate. “Despite the international footprint of the Century 21 system, they never forget that every individual matters.”

Branding 410

Branding Brokerage Commercial Development 410

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

Equity 367

Equity Lending Residential Branding 367

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 385

Loans Mortgages Finance Lending 385

Housing Wire

DECEMBER 30, 2024

Historically, life insurance companies shied away from investing in residential mortgages. Investment companies previous reluctance to invest in residential mortgage loans is partially due to the asset classs complexity, which poses significant operational costs.

Banks 386

Banks Due diligence Residential Investor 386

Housing Wire

MARCH 28, 2025

The bill introduces a new section called Consumer Privacy in Mortgage Applications to the Idaho Residential Mortgage Practices Act. Idaho joins several other states in governing the use of residential mortgage trigger leads over the years. Brad Little (R) signed H.B. 149 into law last week.

Mortgages 367

Mortgages Residential Banks As-is 367

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 328

Residential Construction Commercial Finance 328

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 425

Lending Loan Officer Banks Loans 425

Housing Wire

JANUARY 9, 2025

RLTY Capital acquires pending residential and commercial commissions, allowing agents to access that money on an expedited timeline. With this support, we’re thrilled to expand our services nationwide to every state, all powered by RLTYco’s proprietary fintech platform.” ” RLTYco provides four primary services.

Commercial 386

Commercial Investor Residential Agents 386

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. That isnt my line of thinking, as my peak mortgage rate forecast is at 7.25% for this year, but you can understand why some builders are getting spooked by rates this high in 2025.

Sales 477

Sales Construction Mortgages Residential 477

Housing Wire

JANUARY 2, 2025

The MBA’s weekly applications survey includes closed-end residential mortgage applications originated through retail and consumer-direct channels. Rates for FHA loans and 15-year fixed loans rose slightly to 6.69% and 6.37%, respectively. Rates for 5/1 adjustable-rate mortgages shed 14 bps to average 5.97%.

FHA loan 446

FHA loan Mortgages VA loan Loans 446

Housing Wire

MAY 20, 2025

ERS Real Estate Group , the residential arm of Omaha, Nebraska -based Elite Real Estate Systems LLP , is making the move to eXp Realty , according to an announcement on Tuesday. Founded by Jeff Cohn and Renee Mueller, the team has 53 agents and closed 575 transaction sides for $170 million in sales volume in 2024.

Title 358

Title Residential Mortgages Closing 358

Housing Wire

JANUARY 22, 2025

Mykhailyna, who is based in Denver, had previously held both a Colorado certified residential appraiser license and a controlling appraiser license. In addition to the revocation of his license, Mykhailyna must pay a total fine of $97,500. Mykhailyna was the appraiser at the center of legal action by the U.S.

Mortgages 400

Mortgages Residential Development 400

Housing Wire

MAY 20, 2025

There are a lot of good ideas on how we can move to other guarantee formats, said panelist Scott Ulm, the CEO of ARMOUR Residential REIT. In turn, this could impact the level of liquidity for MBS pools, which then prompts the question of how to preserve it in the event of significant policy changes around conservatorship.

Investor 441

Investor Mortgages Residential Finance 441

Housing Wire

DECEMBER 6, 2024

Residential building construction added 1,400 jobs and residential specialty trade contractors added 1,700 jobs. The majority of Novembers job gains occurred in health care (+54,000 jobs), leisure and hospitality (+53,000 jobs), government (+33,000 jobs), and social assistance (+19,000 jobs), while retail trade lost 28,000 jobs.

Marketing 400

Marketing MLS Residential Construction 400

Housing Wire

JUNE 9, 2025

The firm works with residential , commercial and land transactions including ranch properties and vacation homes. After moving to Bear Valley Springs in 2001, Rabe quickly became a top producer and later rose to the position of associate broker before launching her own firm.

Brokerage 371

Brokerage Branding Commercial Land 371

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.

Residential 425

Residential Sales Closing As-is 425

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. The report is based on an analysis of home purchase records from 39 of the most populous metro areas since 2000. Investors purchased $38.8

Investor 471

Investor Residential Brokerage Mortgages 471

Housing Wire

OCTOBER 22, 2024

According to eXp, the group specializes in residential real estate, fix-and-flips and investment properties. The company announced the addition of the Maine -based Realty ONE Group, a 36-agent team that has closed 338 transactions totaling $128 million in sales volume so far this year.

Agents 411

Agents Residential Technology Development 411