Housing

CCRC Occupancy, Absorption Trends Show Elevated Demand for Memory Care Units

Continuing care retirement community (CCRCs) occupancy and absorption rates continued to outpace non-CCRC communities in the third quarter of 2024. Memory care units within CCRCs surpassed o...

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Nonprofit Wesley Housing Nearly Doubles Portfolio in Deal That Includes Affordable Senior Housing

A nonprofit developer and provider of affordable housing and supportive services is growing beyond its initial footprint with a new acquisition of affordable communities that serve older adults and...

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Could the Trump transition delay some reverse mortgage policy decisions?

The reverse mortgage industry has been anticipating the development of a new, complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program designed to further address liqui...

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Real estate investors purchased 16% of homes in Q3 2024

As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates, investor purchases also ramped down, according to a new report by Redfin. ...

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Trump names Scott Turner the new HUD secretary

President-elect Donald Trump announced late Friday that he has chosen Scott Turner, the former executive director of the White House Opportunity and Revitalization Council (WHORC), to serve as the ...

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Better’s Chad Smith explores mortgage hiring trends, tech tools for 2025

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down with Chad Smith, president and chief operating officer at Better. The duo discuss Smith’s de...

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How are mortgage rates affecting housing demand?

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortga...

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CoreLogic: Single-family rent growth drops to four-year low

U.S. single-family rental properties posted rent-price growth of 2% during the year ending in September 2024, according to a recent CoreLogic report. That’s down from annual growth of 2.4% in Augus...

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An open letter to President-Elect Trump: A market in crisis

Dear President-Elect Trump: With the election in the rearview, you are no doubt architecting the particulars for your second administration. One of the many matters of importance to American...

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15 Facebook groups every real estate agent & broker should join today

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. While new social media platforms seem to pop u...

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MLSs turn to AI to catch commission lawsuit settlement violations

MLSs are using AI technology to catch agents who attempt to circumvent the commission lawsuit settlement terms. Before the commission lawsuit settlements, “three” used to be the magic number...

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Black Friday deals on a new home? Here you go

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. Tha...

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Susan Daimler leaves Zillow, Jun Choo named COO

The leadership changes at Zillow are continuing. On Thursday the firm announced that Zillow Group President Susan Daimler is stepping down. Daimler joined Zillow through its acquisition ...

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Mortgage rates jump to 7% as Powell demurs on quick rate cuts

Jerome Powell, the chair of the Federal Reserve, said on Thursday that the U.S. economy is “not sending any signals that we need to be in a hurry to lower rates.” The statement was enough to raise ...

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2024 MMI report: HECM remains in the black

The reverse mortgage portion of the Federal Housing Administration’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio for the fourth year in a row on the overall g...

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Sam Valverde to resign from Ginnie Mae

Sam Valverde, currently serving as the acting president of Ginnie Mae, is resigning from his position as of Nov. 30, 2024, according to an announcement made by the U.S. Department of Housing and Ur...

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Beyond automation: How marketing tech can empower loan officers in 2025

Should the goal of marketing technology be to make it so that a loan officer never needs to log in? Or, should LOs be encouraged to engage with marketing tools as much as possible in order to help ...

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MMI Fund capital reserve is now 5X larger than required

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, ...

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How Rocket Mortgage plans to win in 2025

Rocket Companies’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and a...

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Real estate license reciprocity and portability: A complete guide to where you can practice

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. You’re probably aware that each state has its ...

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Chrissi Rhea, co-founder of Mortgage Investors Group, has died

Chrissi Callaghan Rhea, co-founder of Mortgage Investors Group and member of the Mortgage Bankers Association (MBA) board of directors, died on Nov. 8, at the age of 73. “Chrissi was a ...

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