Here’s a quick-hit summary of recent housing reports that came across the MBA NewsLink desk:
Tag: Redfin
Industry Briefs Apr. 6, 2022: SitusAMC Launches Warehouse Administration Services
SitusAMC, New York, launched its Warehouse Administration Services, a suite of technology-enabled turnkey services to help warehouse lenders setup, execute, enhance and scale their warehouse businesses while improving efficiency and reducing costs.
Condo Prices Offer Homebuyers Little Solace
Record-high prices and scant inventories are driving many homebuyers to the condominium market—but they’re not finding opportunities there, either.
Housing Market Roundup: Mar. 25, 2022
Here is a summary of housing market reports that came across the MBA NewsLink desk this week:
Industry Briefs Mar. 25, 2022: CFPB Targets ‘Unfair Discrimination’ in Consumer Finance
The Consumer Financial Protection Bureau announced changes to its supervisory operations it says will better protect families and communities from illegal discrimination, including in situations where fair lending laws may not apply.
Housing Market Roundup Mar. 16, 2022: Demand for Vacation Homes Falls to 2-Year Low
Here’s a quick recap of housing market stories that have recently come across the MBA NewsLink desk:
Industry Briefs Mar. 16, 2022: Wolters Kluwer to Acquire IDS
Wolters Kluwer Governance, Risk & Compliance, Minneapolis, signed an agreement with The Reynolds and Reynolds Co. to acquire International Document Services Inc., Draper, Utah, a provider of compliance and document generation software platforms for the mortgage and real estate industry, for $70 million in cash.
Housing Market Roundup Mar. 15, 2022
Here’s a quick recap of housing market stories that have recently come across the MBA NewsLink desk:
Record 8% of U.S. Homes Worth at Least $1 Million
Redfin, Seattle, reported a record 8.2% of U.S. homes—six million—valued at $1 million or more in February, up from 4.8% (3.5 million) two years earlier, just before the coronavirus was declared a pandemic.
Nearly 6,000 Homes Sell for $100,000 Above Asking Price So Far in 2022
Redfin, Seattle, said low housing inventories, rising mortgage rates and double-digit home price increases have homebuyers willing to pay up—and up and up.