LoanDepot creates joint venture with Brookfield Residential

Housing Wire

LoanDepot and Brookfield Residential announced on Wednesday the creation of a joint venture, BRP Home Mortgage. BRP will deliver a streamlined mortgage experience for Brookfield Residential homebuyers, said Dan Peña, executive vice president of national joint ventures for loanDepot.

Real estate tech roundup: Hubzu and Brookfield Residential

Housing Wire

Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. Hubzu is an end-to-end asset management platform for residential foreclosure, short sale, REO, deed in lieu, CWCOT and retail property auctions.

Insiders

Sign Up for our Newsletter

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

MBA adds four to its Residential Board of Governors

Housing Wire

The Mortgage Bankers Association (MBA) announced the new members of its 2021 Residential Board of Governors and the Chairs of the Residential Committee. ” RESBOG is the MBA’s main policy-setting group, focusing on issues involving the single-family residential market.

Residential Construction Is Recovering Faster Than Non-Residential Construction

Eye on Housing

Total construction industry (both residential and non-residential) employment totaled 7.4 Residential construction employment rose by 15,400 in November to 2.9 In the past seven months, job gains in residential construction offset.

New residential home increase 32%

Inman

Sales of new residential homes were up 32 percent year over year, according to data released Monday by the U.S. Markets & Economy Select home prices home sales homes for sale inventory new residential contruction U.S.

Residential Realty Today

The Residential Specialist

Residential Realty Today brings together the widest set of expert content from hundreds of leading sources. Photo: iStock.com/ridvan_celik The post Residential Realty Today first appeared on The Residential Specialist.

People movers: Home Point Financial, Kukun, Kairoi Residential

Housing Wire

Kairoi Residential , a multifamily investment, development and property management company, hired Chuck Briant as the vice president of asset management for the Investment Division. The post People movers: Home Point Financial, Kukun, Kairoi Residential appeared first on HousingWire.

Top Products Used in New Residential Construction

Eye on Housing

Read More › The post Top Products Used in New Residential Construction first appeared on Eye On Housing. Construction Statistics Economics Housing Data Building Materials cement concrete construction economics home building housing residential construction wood products

Industry veterans launch Canopy in bid to shake up residential due diligence space

Housing Wire

Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due diligence space through their newly launched company, Canopy.

Private Residential Spending Is on the Rise

Eye on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 2.7% Total private residential construction spending was 16.1%

Sale breaks Quebec residential price record

REM Online

The original post can be found at the following URL: Sale breaks Quebec residential price record. The original post can be found at the following URL: Sale breaks Quebec residential price record. The following content may have been republished here without the author's permission.

Regional Report: NY Real Estate Investments and Residential Sales Decline

RIS Media

The Real Estate Board of New York (REBNY) recently reported that year-to-date investment and residential sales totaled $47.1 billion in tax revenue in 2020 due to these significant declines in real estate market activity, according to REBNY’s Monthly Investment and Residential Sales Reports. From December 2019 to December 2020, total investment and residential sales volume declined 32 percent and tax revenue generated by those sales declined 36 percent year-over-year.

Residential Construction Offsets All the Jobs Lost in March and April

Eye on Housing

Total construction industry (both residential and non-residential) employment totaled 7.4 Residential construction employment rose by 22,700 in December to 3.0 In the past eight months, residential construction added 472,500.

The Perfect Residential Support: What to Know About Residential Scaffolding

Realty Biz

It lays the foundation of the building, the perfect support for any residential establishment. To help you with that, here is a list of things you should know about residential scaffolding.

Residential Construction Employment Is Higher Than a Year Ago

Eye on Housing

However, October residential construction employment was 11,500 higher than a year ago, marking the first year-over-year gain since the recession of 2020. Residential construction employment rose by 23,800 in October to 2.9 Read More › The post Residential Construction Employment Is Higher Than a Year Ago first appeared on Eye On Housing. The recovery of overall labor market continued but at a slow pace.

Private Residential Construction Spending Strong in October

Eye on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $637.1 Total private residential construction spending was 14.5%

Private Residential Construction Spending Up 2.8% in September

Eye on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $610.9 Total private residential construction spending was 9.9%

Extraordinary Beachfront Restaurant, Event Facility & Residential Development

Luxury Real Estate Blog

Replete with stunning ocean views, the property improvements include the Moonstone Grill, a full-service bar and restaurant; the Beach House, an event facility; and a residential structure, aptly named The Cabin. .

Amazon targets property management with Alexa for Residential

Realty Biz

Amazon is looking to get into property management with its new Alexa service, called Alexa for Residential. “Alexa for Residential also allows property managers to offer custom voice experiences that go beyond the walls of their apartments,” Amazon said in a blog post.

Private Residential Construction Spending Declined in June

Eye on Housing

NAHB analysis of the Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $534.2

Private Residential Construction Spending Up 2% in July

Eye on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $546.6 Total private residential construction spending was 0.5%

The Residential Real Estate Council Launches New Education Subscription Option for Residential Real Estate Agents

RIS Media

The Residential Real Estate Council announced the launch of a new education subscription program that allows more residential real estate agents to access the Council’s education offerings. Each month residential real estate agents receive: – A New Live Webinar on timely topics focused on business growth. For information on membership at the Residential Real Estate Council or the CRS Designation, please visit crs.com.

Ontario’s new residential tenancies bill isn’t really that bad

REM Online

The original post can be found at the following URL: Ontario’s new residential tenancies bill isn’t really that bad. The Protecting Tenants and Strengthening Community Housing Act (Bill 184) affecting residential tenancies is now law.

NYC Regional Spotlight: REBNY Reports Record Declines in Residential Sales and Transactions

RIS Media

From April 1 to June 30, 2020, citywide total residential sales volume decreased 50 percent year-over-year, from $12.8 billion, the lowest point in residential sales volume since Q4 2011.

Chocolate factories, churches and courts: Residential conversions heat up

Inman

As new apartment building starts slow, commercial-to-residential apartments conversions are picking up steam as they offer renters affordability and style.

Yun Addresses Current and Future Housing Market Trends at NAR’s Residential Economic Issues and Trends Forum

RIS Media

During the “Residential Economic Issues & Trends” forum, held during the National Association of REALTORS’® virtual 2020 Conference & Expo , Chief Economist Lawrence Yun stated the housing industry has exceeded expectations for 2020.

CoStar buys Homesnap to target the residential real estate sector

Realty Biz

Commercial real estate analytics giant CoStar Group is getting into the residential sector after acquiring a company called Homesnap Inc. The platform is used by around 300,000 residential real estate professionals around 30 times per month, per user.

3Q GDP: Residential Investment Up at a 59% Growth Rate

Eye on Housing

Read More › The post 3Q GDP: Residential Investment Up at a 59% Growth Rate first appeared on Eye On Housing. Housing has staged a dramatic turnaround since the spring. Due to low mortgage interest rates, a renewed focus on the importance of home, an evolving geography of housing demand, and a lack of for-sale inventory, the housing sector has been a relative bright spot for the economy. For the third quarter, overall GDP growth rebounded at a 33.1% seasonally adjusted.

United Real Estate Merges With Atlanta’s Largest Residential Brokerage, Announces Deployment Completion of Agent & Broker Productivity Platform – Bullseye™

RIS Media

United Real Estate—a division of United Real Estate Group (UREG)—announced its merger with Virtual Properties Realty (VPR), the largest residential real estate brokerage in Greater Atlanta and the state of Georgia.

United Real Estate Merges with Atlanta’s Largest Residential Brokerage Virtual Properties Realty

Real Trends

United Real Estate – a division of United Real Estate Group (UREG) – announced its merger with Virtual Properties Realty (VPR), the largest residential real estate brokerage in Greater Atlanta and the State of Georgia.

Daily Links: Residential Evictions Resume Today, Despite COVID Gray Areas

Brownstoner

In the News New York Real Estate Is on the Mend [NYT] Is NYC ‘Over’?

A Residential Tower Is Quickly Taking Shape Over Atlantic Avenue in Clinton Hill

Brownstoner

Only about a quarter of the four-story base, which stretches along Atlantic between Clinton and… Read More > The post A Residential Tower Is Quickly Taking Shape Over Atlantic Avenue in Clinton Hill appeared first on Brownstoner.

Residential investments push US GDP up 33.1% in the third quarter

Inman

percent in the third quarter of 2020, due to increased consumption and residential investments. According to the Commerce Department, the GDP rose 33.1 Markets & Economy Coronavirus economic outlook economy gdp U.S. Commerce Department

The CCIM Designation: Is It Worth It for Residential Agents in 2020?

The Close

After 26 years of being a residential real estate agent, managing broker, and real estate coach, I too have wondered if there is a massive benefit for me to get my CCIM designation. Making the Transition From Residential Agent to Commercial Agent.

Yun Addresses Current and Future Housing Market Trends at NAR’s Residential Economic Issues and Trends Forum

RIS Media

During the “Residential Economic Issues & Trends” forum, held during the National Association of REALTORS’® virtual 2020 Conference & Expo , Chief Economist Lawrence Yun stated the housing industry has exceeded expectations for 2020.