Home sales should be falling but not this fast. Here are 3 things to watch

Homebuying power has been in decline, but the market fundamentals remain as strong as they were in 2019. Here is some advice from First American Chief Economist Mark Fleming. Continue reading

In record year for title insurers, ‘big four’ maintain market share

Title insurance premiums surged 36 percent in 2021 to a record $26.2 billion as low mortgage rates spurred refinancings, according to an analysis released Friday by the American Land Title Association. Continue reading

Real estate hiring keeps pace with strong US jobs growth

Real estate employers — a category that includes brokerages — added 6,100 jobs in April, a rate that matched national monthly jobs growth. Continue reading

Home affordability erodes at fastest annual pace since 2004

Despite record-high prices, homes remain much more affordable for buyers than they were in 2006. However, buying power has taken a big hit lately. Continue reading

First American doubles down on Endpoint with $150M in funding

Digital title and settlement services provider is looking to fill nearly 80 job openings in departments including finance and sales. Continue reading

Stewart buying Informative Research to further ‘end-to-end’ platform goal

If and when the $192 million deal closes, it will be Stewart’s biggest bet on ancillary services, and it will bring the total spent on acquisitions during Stewart CEO Fred Eppinger’s tenure to more than half a billion dollars. Continue reading

Offerpad draws from big companies as iBuyer prepares to go public

Four new members will join the iBuyer’s board later this year, including a Zillow executive and the former chief executive officer of Move, Inc. Continue reading

Nearly 1B mortgage docs accessible by First American security flaw

Though the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL. Continue reading