The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Zillow analyst on whether home prices can keep climbing

Today’s episode of HousingWire Daily features an interview with Nicole Bachaud, as she discusses annual and monthly home price appreciation growth, rising inventory levels and rent prices.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Real Estate

This may be the hottest neighborhood in the U.S.

San Francisco’s Bernal Heights has seen home prices appreciate 111% in 6 years

Just south of San Francisco’s Mission District, perched atop a steep hillside, sits Bernal Heights. Traditionally home to artists and progressive-types, this little neighborhood once enjoyed relative obscurity, even managing to fly under the gentrification radar following the dotcom boom.

But it appears all that’s about to change.

Home prices in Bernal Heights have appreciated 111% in the past six years, according to an article in Business Insider by Melia Robinson, who published an account of her day touring this quant Bohemian neighborhood.

Houses for sale spent a median number of 16 days on the market last year, according to Robinson, and they sold for 13% above asking.

Trulia lists the median sales price for a two-bedroom abode as $1.58 million, noting that the area has seen a $200,000 increase in median home sales over the past year.

In her trek around the neighborhood, Robinson talked to a Realtor who said he sells mostly to buyers working in financial services and tech who want a small-town feel and breathtaking views.

According to Robinson, those views are unmatched.

“On a clear day, visitors can see the San Francisco Bay, the Golden Gate Bridge, downtown, and the hills of the East Bay,” she wrote.

 

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

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