What to expect at HousingWire’s Spring Summit

The focus of the Summit is The Year-Round Purchase Market. Record low rates led to a banner year for mortgage lenders in 2020, and this year is expected to be just as incredible.

Increasing lending and servicing capacity – regardless of rates

Business process outsourcing and digital transformation are proven solutions that more companies in the mortgage industry are turning to. Download this white paper for more.

HousingWire's 2021 Spring Summit

We’ve gathered four of the top housing economists to speak at our virtual summit, a new event designed for HW+ members that’s focused on The Year-Round Purchase Market.

An Honest Conversation on minority homeownership

In this episode, Lloyd interviews a senior research associate in the Housing Finance Policy Center at the Urban Institute about the history and data behind minority homeownership.

Real Estate

America’s priciest real estate markets

Eric Schmidt, Google’s executive chairman, lives in No. 1

The tech-titan community of Atherton, California, is the most expensive zip code in the nation for homes, according to a report by PropertyShark.

The zip code – in case anyone was thinking of naming a TV show after it – is 94027 and the median price is $7.05 million, according to the report. Famous residents of the town, population 7,200, include Eric Schmidt, Google‘s executive chairman, and Meg Whitman, the former HP CEO who now is CEO of video startup Quibi.

The No. 2 zip code is Sagaponack, New York, where the median price is $4.3 million, according to PropertyShark. It’s the Hamptons town where junk bond billionaire Ira Rennert built his 29-bedroom summer house with a 100-car garage.

The No. 3 zip code is located in Santa Monica, California, and No. 4 is in the nearby town of Beverly Hills. The median price in the oceanfront Santa Monica’s 90402 zip code is $4.15 million and in Beverly Hills’ 90210 it’s $4.08 million, according to the report. In the 1990s, there was a teen drama TV series named “Beverly Hills, 90210,” and a spin-off that premiered in 2008 named “90210.”

The No. 5 zip code, 02199, is located in Boston’s tony Back Bay neighborhood, where the median price is $3.67 million, the report said.

New York’s 10007 zip code, in the Tribeca neighborhood, is the nation’s No. 6 zip code, with a median price of $3.9 million. It’s where celebrities like Taylor Swift live next door to young Wall Street bankers.

No. 7 is 94301 in Palo Alto, California, about four miles from the No. 1 zip code in Atherton. The Palo Alto median is $3.52 million, according to PropertyShark.

No. 8 is 10013, another New York neighborhood in lower Manhattan on the edge of Tribeca. The median is $3.51 million, PropertyShark said.

No. 9 is 94022 in Los Altos, California, where the median is $3.45 million, and No. 10 is 94957 in Ross, California, about 18 miles north of San Francisco. The median in the Ross zip code is $3.35 million, PropertyShark said.

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

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