Mortgage originations hit highest level since 2005: New York Fed

Decreasing mortgage rates contributed to the highest volume in mortgage originations in 14 years at a total of $752 billion, according to the Federal Reserve Bank of New York. Continue reading

‘We’ve been overrun’: Suburb halts development due to growing pains

A once quiet lakefront town in South Carolina is facing such bad infrastructure problems that the county council put a 16-month moratorium on growth projects. Continue reading

Marijuana and real estate are gradually becoming intertwined

According to a new study by the National Association of Realtors, some members report an increase in residential property values near dispensaries in states where marijuana is legal. Continue reading

Modern Granny Flat garage conversion not just for grannies

Modern Granny Flat recently won a prize from the American Institute of Architects for its San Diego garage conversion into an accessory dwelling unit. Continue reading

Ginger Wilcox named Home Point Financial’s chief experience officer

The mortgage originator/servicer is hiring Wilcox as its first chief experience officer since the company launched in 2015. Continue reading

Anxiety over coronavirus has reached the US real estate market

While some agents have seen clients significantly impacted by the outbreak, others note that Chinese buyers had already been dwindling because of trade tensions. Continue reading

US homeowners far more likely to be equity-rich than underwater

Attom’s 4th quarter U.S. Home Equity & Underwater Report released today also showed that only 1 in 16 mortgaged homes were seriously considered underwater. Continue reading

WATCH: Big money and MLS disruption are ‘here to stay’

Experts said Friday that the multiple listing service landscape is likely to see continued technology innovation, as well as consolidation, in the future. Continue reading