REI INK

Redfin Reports Supply Ticked Up in February for First Time in 8 Months

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There are more homes for sale as spring approaches, and house hunters are hitting the pavement. Home touring activity is rising, and mortgage-purchase applications are up 11% this week. New listings rose 13% from a year earlier nationwide during the four weeks ending March 3, the biggest increase in nearly three years, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The boost in new listings helped bring

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Home-Selling Sentiment Moves Higher Ahead of Spring Homebuying Season

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HPSI Inches Upward Again, Now at Highest Level in Nearly 2 Years The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 2.1 points in February to 72.8, inching higher for the third consecutive month, due primarily to increased optimism around home-selling conditions. In February, 65% of consumers said it’s a good time to sell a home, up from 60% last month. The share of those who believe it’s a good time to

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White House Touts Title Insurance Waiver Program as Promise of Savings, But Program Doesn’t Help First-Time Homebuyers or Low-Income Households

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During the State of the Union address, President Biden announced that the administration was moving forward with a previously rejected pilot program that would waive the requirement for lender’s title insurance on certain refinances. This misguided effort should only be seen as a purely political gesture that offers a false promise of savings for homeowners when in fact all it will do is expose consumers, lenders, and taxpayers to greater

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Realtor.com® February Housing Report: Early Indications Show a Promising Spring Real Estate Season

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Home sellers were more active this February, with 11.3% more homes newly listed on the market compared to last year According to Realtor.com®‘s February housing report, the Spring housing market is shaping up to be an active one for prospective homebuyers. In fact, there were 14.8% more homes actively for sale on a typical day in February compared to the same time in 2023, which marks the fourth consecutive month of

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Taylor Morrison Sees 185% Increase in Women in Construction Roles Since 2019

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National homebuilder celebrates Women in Construction Week with team member stories and new workforce statistics As the construction industry remains male-dominated, Taylor Morrison, America’s Most Trusted® Home Builder, is breaking barriers with an increasing number of women in its workforce. In honor of this year’s Women in Construction Week, celebrated March 3–9, Taylor Morrison is highlighting women in construction roles to recognize their contributions while releasing new workforce statistics.  Taylor Morrison continues to

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Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization

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$240 Million Deal Rated by Morningstar DBRS Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to the residential real estate lending industry, today announced the successful closing of the first-ever rated residential transition loan (“RTL”) securitization, Toorak 2024-RRTL1. The $240 million deal was rated by Morningstar DBRS, which in October 2023 was the first Nationally Recognized Statistical Rating Organization to finalize a methodology for RTL securitizations (a deal backed by

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