Julia Falcon is a coffee-driven reporter for HousingWire. Prior to HousingWire, she was a digital content producer at Entercom, focusing on news and sports. She also has experience at D Magazine and the Denton Record-Chronicle. Julia is a University of North Texas graduate with a degree in print and digital journalism.
Another day, another set of data that shows Millennials are now officially in the housing market. Earlier this year, data from realtor.com showed that Millennials were responsible for more new mortgages in 2018 than any another generation. Now, new data from the same source shows that Millennials' share of the mortgage market has only increased throughout this year.
Zillow was founded in the U.S. in 2006, and began expanding into Canada just last summer. And now, Zillow is partnering with more than 250 Canadian brokerages and franchisors to expand the Canadian real estate listings on its site.
The Department of Housing and Urban Development announced Tuesday that is providing $27.8 million to 38 Public Housing Agencies across the country to reduce lead-based paint hazards in older public housing units. Although lead-based paint was banned for use in homes in 1978, HUD currently estimates that there are approximately 24 million older homes that still have significant lead-based paint hazards
Part of the fun of search real estate sites is looking at houses that are outside of your price range, but one site is now trying to make sure prospective buyers' eyes aren't bigger than their stomaches. Realtor.com announced Monday it will be launching a monthly payment filter to help homebuyers search within their budget.
Zillow is expanding its direct buying program again, announcing Monday that it is now buying and selling houses in the South Florida area. Starting Monday, Zillow Offers is going to be live in Miami, Ft. Lauderdale, and the surrounding area, the company announced.
Investment company Pacific Oak Capital and Defer Gain, an Arizona-based real estate development company specializing in Opportunity Zone investments, have announced their joint venture to develop, finance, and operate multi-family, commercial, and industrial income producing properties in Arizona Opportunity Zones.
At the height of the housing crisis, tens of thousands of homes were abandoned during the foreclosure process, with many borrowers simply walking away from homes because they had nothing to lose financially on their homes. But a new report from ATTOM Data Solutions shows that the number of zombie foreclosures has decreased dramatically in the last few years.
Americans are making tough choices to be able to afford housing. More than a third of renters and homeowners have been forced to reduce spending on essential items like food and utilities in the past two years, according to a Freddie Mac report.
According to Verizon’s 2019 Data Breach Investigations Report, 10% of the 2,013 breaches that occurred in 2018 were within the financial industry. Personal data was compromised in 43% of those breaches, which were largely attributed to privilege misuse, errors or unsecure web applications.
Rising interest rates often cause homebuyers to think twice about moving forward with a mortgage. In April, mortgage applications fell more than 7% after 30-year fixed mortgage rates reached a high for the month.