CPI Inflation Declines in July Despite a 0.1% Increase in Shelter Costs
In July, CPI rose 0.1% while annual inflation decreased to 3.4%. Shelter costs inched up 0.1%, and core inflation saw a 0.2% increase.
Mortgage Applications Rise 3.6% Following a Minor Decrease in Rates
Mortgage applications increased by 3.6% as the 30-year fixed rate decreased to 6.77%, with refinances making up 40.7% of activity, indicating market shifts.
Evaluating Google’s Real Estate Strategy at the AI Summit
Explore insights from HousingWire's AI Summit featuring Dan Snyder and Chris Rediger as they discuss the transformative impact of AI on home discovery.
GO Residential REIT Acquires 27 Properties from H&R REIT for $2.8 Billion
GO Residential REIT expands its portfolio by acquiring 27 properties valued at $2.8 billion, targeting major Sunbelt markets beyond NYC.
Small Businesses Avoid Retirement Plans Due to Cost and Complexity Concerns
Research indicates that only about half of U.S. private-sector workers have access to employer-sponsored retirement plans, heavily impacting small businesses.
Trump Considers Federal Action Against Mamdani’s Pied-à-Terre Tax
Explore the implications of Trump's stance on federal intervention regarding the proposed pied-à-terre tax, impacting market dynamics and private lending strategies.
Josh Miller proposes three strategies to enhance agent technology adoption.
Miller emphasizes that the key to improving services is not just technology but aligning products with agents' existing desires and needs for efficiency.
FirstTeam Expands Its Presence with a New Office in Kansas City
FirstTeam expands into Kansas and Missouri with a new Kansas City office in partnership with Rival Real Estate, now boasting 62 offices and 2,200 agents.
July Sees a Decline in Existing Home Sales
Median existing home prices rise to $434,100, signaling potential market shifts. Discover the implications for private lenders and investment strategies.
Mortgage Insurers Encounter Expanded Safety Net Requirement for VantageScore 4.0
New guidance mandates mortgage insurers maintain a larger safety net for loans using VantageScore 4.0 compared to those with Classic FICO, impacting risk assessments.