Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.

Real Estate

Want to sell your home for more? Go green

More than 80% of homebuyers say energy efficient features are a must

Going green pays, especially if you’re trying to sell your home, according to a recent Zillow analysis.

The study found that homes that feature solar energy systems sold for 4.1% more on average than their counterparts in 2018.

Additionally, Zillow’s research discovered that the demand for energy efficient homes is rising, as the report revealed more than 80% of homebuyers say energy efficient features are a must, even if that means paying slightly more for a home.

"Energy conservation isn't only good for the environment, it can also translate into big savings on electricity bills as well as help to reduce the strain on the electrical grid," Zillow Senior Economist Sarah Mikhitarian said.

These benefits are likely the motivation behind California’s recent energy initiative, which is set to transform the state's housing market. 

In 2018, the California Energy Commission unanimously voted for the mandatory implementation of solar panels on virtually every newly built home in California.

And even if California is leading the charge on energy efficient homes, Zillow notes there are now enough solar electricity systems installed in the U.S. to power 12.3 million homes.

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The housing market is losing steam

Mortgage applications for new home purchases decreased 3% from May and 23.8% year over year, suggesting buyer fatigue in the housing market.

Jul 20, 2021 By

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This is your last chance to nominate a 2021 HousingWire Vanguard

You have to act now! Nominate your Vanguard before midnight tonight, Friday, July 23rd. HousingWire’s 2020 Vanguard Award program recognizes C-level industry professionals and business unit leaders who have become leaders in their respective fields within housing and mortgage finance — those whose leadership is moving markets forward, each and every day. Vanguards come from diverse backgrounds and […]

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

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