HousingWireHousingWire The reverse mortgage division of Rate, formerly known as Guaranteed Rate, has been on a mission to bolster its market presence for the past few years. According to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), the company grew its endorsement volume by roughly…
Continue reading →HousingWireHousingWire Compass is heading into the final weeks of 2024 with a bang. On Monday, the firm announced its plan to acquire Christie’s International Real Estate and @properties. According to a press release, the merger is expected to close in 2025 and is subject to regulatory approval. In an 8-K…
Continue reading →HousingWireHousingWire It can be tricky talking about the national housing market when different parts of the country have very different market dynamics. Nationally, home prices will finish 2024 with an increase of about 5% over the previous year, despite historically low home sales and that there are 27% more homes…
Continue reading →HousingWireHousingWire Despite being the beneficiaries of historic increases in home-price appreciation during and after the COVID-19 pandemic, older baby boomers — many of whom are approaching the age of 80 in 2025 — are now finding themselves challenged by a dearth of housing inventory that can best accommodate living in…
Continue reading →HousingWireHousingWire A series of threats leading up to and following the Thanksgiving holiday targeted several prominent people in the Republican and Democratic parties, including cabinet nominees for president-elect Donald Trump’s upcoming administration and multiple Democratic lawmakers. Among the Trump cabinet nominees targeted was Scott Turner, Trump’s nominee to serve as…
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