Home price growth continued to cool at the start of the year, according to the S&P Cotality Case-Shiller Index released on Tuesday. The national home price index rose just 0.9% annually in January to a reading of 326.61, down from the 1.1% yearly increase recorded in December. Both the 10-city composite index (357.44) and the…
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A new report from the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA), MBA’s 501(c)(3) trust fund that supports independent research on housing finance and policy, found that while pandemic-era forbearance helped most borrowers avoid foreclosure, the federal Homeowner Assistance Fund (HAF) became a critical backstop for more vulnerable homeowners who needed help…
Maryland-based real estate agent Irina Norrell has launched a hyperlocal education platform for buyers and sellers in the Washington, D.C., region, aiming to close a growing knowledge gap around agency, commissions and transaction costs in the wake of the National Association of Realtors’ (NAR) commission settlement. The site, irinanorrell.com, covers Washington, D.C., Maryland and Virginia…
The American Land Title Association (ALTA) released a new study measuring the complexity of title production, underscoring how much research and curative work title professionals complete before a real estate transaction can close. The report, titled Measuring the Complexity of Title Production: A Study of Operational Demands, Risks, and Curative Challenges, surveyed 449 title professionals…