Real Estate

ARTICLES

Commissions, Inc. acquires TigerLead from Move

Fidelity National subsidiary continues growth, buys real estate agent lead generator
Earlier this year, Fidelity National Financial, the nation’s largest title insurance company, acquired Commissions, Inc., a provider of web-based real estate marketing and CRM software for residential real estate agents and agent teams, pledging to grow the company’s business. Now, CINC’s product suite is about to get a little larger, as the company plans to acquire TigerLead, a real estate agent lead generator, from Move, Inc.
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Here's one big roundup of reactions to Ben Carson, HUD secretary

Opinions vary greatly. Big surprise, right?
Last week, as we all waited for Ben Carson to accept Donald Trump’s initiation to run the Department of Housing and Urban Development, reactions poured in from all sides about whether HUD Secretary Ben Carson is a good idea or not. Well, now that’s officially official, reactions are no longer based on hypotheticals about Carson as a potential choice. Here’s a recap.
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Corelogic: Home prices continue upward climb in October

Texas, Florida, California leading upward trend
Home prices increased once again in October from last year and last month, and forecasts show that trend won’t be stopping anytime soon. The housing market is already well into pre-recession levels, and some areas could hit their pre-recession peaks next year.
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Next HUD leader Ben Carson lists Florida home for $1.2M

Purchased home three years ago
Ben Carson just officially announced that he accepted the role of HUD Secretary and is already making moves in his own personal housing situation. The former neurosurgeon reportedly listed his home in West Palm Beach, Florida, and if he sells his home at that amount, he would turn quite a nice profit.
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Hensarling, Waters chosen to lead House Financial Services Committee again

Representatives from Texas and California to serve as committee leadership
The halls and chambers of Congress are certainly going to look different when the 115th Congress begins its term in January. The leadership of the House Financial Services Committee, on the other hand, will look just the same as it has in the last two Congressional terms, as Rep. Jeb Hensarling, R-Texas, and Rep. Maxine Waters, D-Calif., will again serve as the committee’s leaders.
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Here's the real impact of the post-Trump interest rate spike

Far fewer borrowers with incentive to refinance; homes are less affordable
While still low by historic standards, interest rates are roughly 50-basis points higher now than they were before Donald Trump won the election, and a new report from Black Knight Financial Services shows the real impact of that increase on borrowers and potential borrowers. The bottom line, according to Black Knight’s report, is that housing is less affordable right now than it was before the election.
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[Video] Is the market ready for the coming increase in households?

“We need it all over the next decade”
There are more than 70 million Millennials who want to enter the housing market in the near future, and this number is on top of the other generations that are already moving around in the housing market. How is the industry going to deliver housing units for all of these people? Lynn Fisher, the Mortgage Bankers Association’s vice president of research and economics, gives HousingWire insight on the situation.
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