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Updated: 35 min 44 sec ago

CalAtlantic Homes boosts Atlanta presence by acquiring of Home South Communities

Thu, 12/14/2017 - 12:23
CalAtlantic Homes, which is set to be acquired by Lennar in the first quarter of 2018 in a $9.3 billion deal, is doing some acquiring of its own. CalAtlantic announced this week that it is increasing its footprint in the Atlanta market by acquiring Home South Communities, one of the largest privately held homebuilders in the Atlanta metro market.

Seattle passes sweeping short-term rental laws, limits Airbnb hosts to two units

Wed, 12/13/2017 - 12:56
Homeowners and landlords in Seattle who want to rent out their property via short-term rental services like Airbnb are about to have a whole new set of laws they have to comply with. Most notable among the new laws passed this week by the Seattle City Council is a new regulation that limits short-term rental hosts to only two units.

Monday Morning Cup of Coffee: LinkedIn invests $10m in Silicon Valley affordable housing

Mon, 12/11/2017 - 00:01
Every week, it seems like there’s another example of people (or companies) going to extremes to secure housing in the Bay Area. Earlier this year, Facebook and Google both announced plans to help build new, affordable housing in Silicon Valley. And now, LinkedIn is joining in too. All that, and more, in your Monday Morning Cup of Coffee.

Houston fights to insure low-income residents aren’t forgotten in hurricane recovery efforts

Fri, 12/08/2017 - 16:43
As Houston continues its recovery efforts from Hurricane Harvey, which swept through South Texas in September this year, one organization said it is important to ensure those who are in most need of help, receive it. Even before the storm hit, some Houston residents were one paycheck away from real trouble.

HUD Secretary Carson launches centers to drive households to self-efficiency

Thu, 12/07/2017 - 13:34
U.S. Department of Housing and Urban Development Secretary Ben Carson announced a new initiative to help HUD-assisted families achieve self-efficiency. HUD explained these centers will be hubs for what it calls the four key pillars of self-sufficiency: character and leadership, educational advancement, economic empowerment and health and wellness.

CoreLogic: Another quarter million homes no longer underwater on the mortgage

Thu, 12/07/2017 - 13:01
It's a happy holidays to more than a quarter million more Americans who can now sell their home, not at a loss, but at a profit. Homeowner equity increased by almost $871 billion over the last 12 months, the largest increase in more than three years.

Real estate startup Compass secures largest real estate tech investment in U.S. history

Thu, 12/07/2017 - 12:22
Less than one month ago, Compass, a real estate technology company based in New York City, celebrated that it raised $100 million in its Series E investment round, which placed the company’s valuation at $1.8 billion. But that investment is dwarfed by the company’s new round of funding, which transforms Compass into one of the biggest in the real estate space.

Realtor.com picks Apartment List as exclusive provider of apartment community listings

Wed, 12/06/2017 - 13:33
Last month, Facebook announced that it was launching a massive push into real estate, bringing apartment rental listings to its Marketplace. The listings are powered by Apartment List and Zumper. But as it turns out, powering Facebook’s real estate listing movement isn’t the only big deal that Apartment List inked lately.

[Video] HUD report reveals severe shortage of affordable housing increases homelessness

Wed, 12/06/2017 - 13:29
On any given night, an average of 553,742 people are without a home in the U.S., a slight increase from last year. And most tragically, about 40,799 unaccompanied youth and children were homeless in a night. Here is the state of homelessness in 2017, and HUD’s response to the report.

Glassdoor: These are the best-rated places to work in real estate

Wed, 12/06/2017 - 11:09
It's time for the Glassdoor Employees’ Choice Awards for the Best Places to Work! But how did real estate companies do this year? How many reach the top 100 places to work, as rated by the people who work there? Here's your answer.

RealPage completes $300 million acquisition of Lease Rent Options

Tue, 12/05/2017 - 17:36
RealPage, a provider of software and data analytics to the real estate industry, announced Tuesday that it completed its $300 million acquisition of Lease Rent Options and related assets from The Rainmaker Group.

Could tax reform actually be good news for housing?

Tue, 12/05/2017 - 17:18
As members of Congress grow closer to passing major tax reform, one expert explained why the bills being considered in the House and Senate could increase the supply of homes for sale. While most experts claim both bills are aligned on provisions that take away homeownership incentives, one expert disagrees.

CoreLogic: Home prices surge 7% annually in October

Tue, 12/05/2017 - 14:36
Home prices increased across the U.S. from last month and last year, according to the latest Home Price Index from CoreLogic. In fact, home prices are up so much that out of the nation’s 100 largest metropolitan areas, 37% are now considered overvalued based on the area’s housing stock.

Redfin targets sellers with new service that will clean and stage their home

Fri, 12/01/2017 - 16:39
Earlier this year, Redfin, the online real estate brokerage, launched a widespread expansion of its 1% listing fees. Now, the company is rolling out a new service that offers additional benefits to home sellers that could help them sell their home faster, and for more money, all for an increased commission.

2017 HW Vanguard Awards

Fri, 12/01/2017 - 00:01
As 2017 wraps up and the mortgage industry faces a new year that will undoubtedly bring successes, as well as challenges, HousingWire is proud to present the 45 winners of our 2017 Vanguard Award. Read on to find out more about them...

2017 HW Vanguard: John Vella

Fri, 12/01/2017 - 00:01
Under Chief Revenue Officer John Vella’s leadership and partnerships, he has helped establish Altisource as a trusted, major vendor in the industry, resulting in increased revenue from the diversified client base that now includes six of the Top 10 mortgage companies. 

2017 HW Vanguard: Barry Sando

Fri, 12/01/2017 - 00:01
An accomplished senior executive with diversified sales and operations experience creating and leading a portfolio of mortgage servicing and origination businesses representing $800 million in annual revenue, Barry Sando possesses a strong track record of timely, profit-maximizing decisions in rapidly changing competitive environments.  

2017 HW Vanguard: Ryan O'Hara

Fri, 12/01/2017 - 00:01
Since Ryan O’Hara joined Move as its new CEO, realtor.com has seen consumer engagement double to 58 million average monthly unique users through Q2 2017. Visitors viewed an average of over 2 million pages and spent an average of more than 1 billion minutes on the home-listing company's website and apps each month.

2017 HW Vanguard: Chad Mosley

Fri, 12/01/2017 - 00:01
As the chief operating officer of MCS Solutions, Chad Mosley leads the company’s business development, marketing and new client onboarding. Under his leadership, the company’s Ruston, Louisiana, operations added eight new processes and has grown by 21% in the past year.

2017 HW Vanguard: Colleen Lambros

Fri, 12/01/2017 - 00:01
In the past 12 months, Lambros spearheaded Auction.com’s comprehensive brand evolution, oversaw the continued growth of the platform and initiated a new strategy aimed to hyper-localize the company’s brand and products within each of the 3,100 counties it serves. 

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