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HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.

Where the NAR is losing members 

NAR membership fell by over 17,000 members in December 2023, as the trade group closed out the year with 1,554,604 members.

Mortgage rates sit still in the first week of 2024 

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark.

Concerns are growing over the rising cost of homeowners insurance 

A survey Mphasis Digital Risk found that 90% of homeowners are concerned about rising homeowners’ insurance costs.

The 2023 housing market bent, but didn’t break 

The housing market took it on the chin for two years and bent with the lowest sales levels in history, but it didn’t break.

‘Mortgage winter’ is expected to thaw a bit 

The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market.

Loan officers are dramatically cutting their pay to win clients. It’s often illegal.  

HousingWire interviewed more than a dozen loan officers, mortgage executives, attorneys to shed light on the practice of LOs falsifying lead sources to gain a pricing edge on competitors.

US home prices continued their rally in September 

Home prices rallied in September, as homebuyers still outnumbered sellers. 

Why aren’t there more new homes for sale? 

In a country of more than 335 million people, we still only have 76,000 new homes available for sale as we head into December.

New home sales disappoint in October, prices fall 

New home sales fell on a month-over-month basis in October, but continue to outpace last year’s levels.

The “Big Four” take on the upstarts in title insurance 

Dozens of tech-forward startups are competing for a slice of the 10.5% share of the market controlled by small, independent title insurance companies.

In the race to modernize title, firms double down on software 

Developing software to overcome regulatory issues and underlying business practices is the key to the future of the title insurance industry, some CEOs believe.

The title insurance industry has a talent problem 

With an aging workforce, the title insurance industry is betting on internships and TikTok to attract the next generation of talent. HW+ Premium Content

California couple sues appraiser for race discrimination 

A San Rafael, California real estate appraiser is being sued for allegedly undervaluing a home by almost 50% because the homeowners are Black.

A Zillow problem…or an iBuying problem? 

When Zillow waved the white flag on its iBuying operation earlier this month, CEO Rich Barton couched the company’s price forecasting model as something of a Frankenstein’s monster, an audacious curiosity that proved too dangerous. To some housing executives who routinely use AVMs, Barton’s explanation rang false. HW+ Premium Content

Appraisers give HUD an earful during bias roundtable 

Appraisers had a chance to take questions directly to the Department of Housing and Urban Development, during a roundtable discussion on appraisal bias. HW+ Premium Content

3d rendering of a row of luxury townhouses along a street

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