The next wave of servicing regulation is coming – Are you ready?

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Inside Look: RealTrends 2021 Brokerage Compensation Study

Steve Murray, senior advisor to RealTrends, gives an exclusive first look at the 2021 RealTrends Brokerage Compensation Report.

Logan Mohtashami on trends in forbearance exits

In this episode of HousingWire Daily, Logan Mohtashami discusses several hot topics in the housing market, including recent trends in forbearance exits and future homebuyer demand in the midst of inventory shortages.

How lenders can prepare for increasing regulatory pressures

As compliance becomes an increased focal point for mortgage lenders and investors, staying ahead of state and federal regulations can be the difference between a flourishing business and one mired in fines.

Politics & MoneyReal Estate

New homes selling well even as builders pass on costs

Latest housing starts report shows the calm after a housing storm

HW-home-sales

After an epic rise in housing starts and permits from the COVID-19 lows, the latest Census report shows a calm after the housing storm. This report is consistent with my prediction that all housing data will moderate from the epic run-up in activity in the second half of 2020.

This moderation means that 2021 will likely have slightly more total home sales than 2020, but not gangbusters. For me, that is completely fine; as I have stated many times, if total home sales close above 6.2 million in each of the years from 2020-2024, then you should view that as a beat. Housing has limits to what it can do demand-wise.

From the Census report:

“Privately‐owned housing starts in June were at a seasonally adjusted annual rate of 1,643,000. This is 6.3 percent (±11.5 percent)* above the revised May estimate of 1,546,000 and is 29.1 percent (±11.2 percent) above the June 2020 rate of 1,273,000.  Single‐family housing starts in June were at a rate of 1,160,000; this is 6.3 percent (±11.7 percent)* above the revised May figure of 1,091,000. The June rate for units in buildings with five units or more was 474,000.”

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