'Big Short' investor: Flooding is the next great threat to home values
Dave Burt, who made a fortune leading up to the Great Recession and later earned notoriety in the 2015 film 'The Big Short,' is sounding the alarm about a growing threat to housing prices: flood risk
by Ben Verde May 31
federal flood insurance lapse
Study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots
by Matt Carter Feb 16
This is where it takes the longest amount of time to save up for a home
In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years
by Lillian Dickerson Jan 10
Finance of America refugees land at Hallmark Home Mortgage
Hallmark is positioned to become one of the top 100 mortgage lenders with expansion into Colorado, Georgia, Kansas, Louisiana, Missouri, South Carolina and Texas
by Matt Carter Nov 2
Another home insurer pulls out of Florida as crisis intensifies
United Property Casualty and Insurance Co. announced plans to withdraw home insurance business from Florida, the latest withdrawal of a large-scale home insurer from the state
by Ben Verde Aug 30
Baton Rouge agent gets 30 years for beating 60-year-old man to death
Prosecutors suggested the attack may have been racially motivated claiming Ward, who is white, yelled racial slurs at Arnold Jackson, a Black man, as he beat him so severely
by Lillian Dickerson Jun 28
Keller Williams distributes grants, supplies to agents impacted by Ida
The KW Cares program mobilized in the wake of Hurricane Ida last week and should end up providing assistance to 2,000 people suffering impacts from the storm
by Jim Dalrymple II Sep 1
Cloud-based brokerage Archetape grows services with 2 acquisitions
Archetape has acquired Pinnacle Realty Advisors and Broker Breakup. Agents will now have the option to choose what business model fits their needs, whether that's a full-service, cloud-based brokerage or a while label brokerage experience
Equity-rich properties make gains in fourth quarter
The number of equity-rich homes in the U.S. made solid gains at the end of last year, and now account for more than 30% of mortgaged properties
Latter & Blum CEO on taking the reins of a 104-year-old brokerage
'Everybody has to get sharper,' Lacey Merrick Conway told Inman on the challenges of running a brokerage in today's industry and amid a global pandemic
by Patrick Kearns Dec 4
3 brokers share how giving has enriched their lives and business
Brokers Nicole Lopez Cummins and Eric and Janet Baucom share how they've given back over the past year and encourage other agents to do the same
by Marian McPherson Nov 12
US foreclosure filings increase 20% in October despite moratoriums
A total of 11,673 US properties received foreclosure filings in October 2020, according to a new report from Attom Data Solutions released Tuesday
by Lillian Dickerson Nov 10
US home equity levels rose in Q3
Equity-rich properties made up about 28.3% of mortgaged homes in the US during the third quarter, up from 26.7% the previous year, according to a new report by Attom Data Solutions
Losses from Hurricane Zeta wind and storm surge could reach $4B
Insured wind losses are estimated to cost between $2.2B and $3.5B, while insured storm surge losses could clock in at an additional $300M to $500M, according to CoreLogic
Nearly 300K homes at risk with Hurricane Delta surge looming
Hurricane Delta is poised to cause property damage to 293,685 single-family and multifamily homes across the Gulf Coast while amassing $62.85B in reconstruction costs