Monthly Archives: June 2021

Number of affordable places to live hits lowest point in 2 years

By Daniel Houston | June 30, 2021 - 9:52 pm |June 30, 2021 Uncategorized

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Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages. Continue reading →

Spencer Rascoff launches food-forward app with his daughter

By Veronika Bondarenko | June 30, 2021 - 9:25 pm |June 30, 2021 Uncategorized

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A year after cutting ties with Zillow, former CEO Spender Rascoff is launching a food-forward social media app with his daughter, Sophia. Continue reading →

Keller Williams, EXIT Realty and dozens of others sued for discrimination

By Jim Dalrymple II | June 30, 2021 - 9:13 pm |June 30, 2021 Uncategorized

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The suit alleges 36 real estate companies, agents and landlords illegally refused to accept Section 8 housing vouchers in New York’s Westchester County. Continue reading →

Treehouses, yurts, private islands: Demand for ‘unique’ short-term rentals is spiking

By Andrea V. Brambila | June 30, 2021 - 9:00 pm |June 30, 2021 Uncategorized

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Searches for certain types of unique homes have exploded by more than 1,000 percent compared to just two years ago, according to Airbnb. Continue reading →

Rocket-owned Nexsys is automating homeowners insurance verification

By Matt Carter | June 30, 2021 - 8:51 pm |June 30, 2021 Uncategorized

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4 of nation’s top 10 providers of homeowners insurance now integrated with real-time verification platform Clear HOI. Continue reading →

Truework says Encompass integration can speed mortgage approvals

By Matt Carter | June 30, 2021 - 7:38 pm |June 30, 2021 Uncategorized

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Nearly half of all U.S. mortgages are originated using Encompass, and Truework’s employment and income data network provides instant verification for more than 35 million employees. Continue reading →

Asian American homeownership is still lagging: Report

By Jim Dalrymple II | June 30, 2021 - 6:58 pm |June 30, 2021 Uncategorized

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Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Continue reading →

Rising home prices may be crimping demand for purchase mortgages

By Matt Carter | June 30, 2021 - 4:58 pm |June 30, 2021 Uncategorized

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Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out of the market. Continue reading →

Homeownership gap between white and Black Americans is widening

By Libertina Brandt | June 30, 2021 - 4:35 pm |June 30, 2021 Uncategorized

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In the first quarter of 2021, the homeownership rate among Black Americans was 45.1 percent compared to 73.8 percent among white Americans. Continue reading →

After April slump, pending-home sales rise 8% in May

By Veronika Bondarenko | June 30, 2021 - 2:39 pm |June 30, 2021 Uncategorized

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Pending-home sales are once again on the increase, according to new data from the National Association of Realtors. Continue reading →