REwired

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Open commentary on everything impacting the U.S. housing economy. The opinions expressed here represent the author's alone.

This real estate market will see almost 12% in appreciation

This Washington state MSA is projected to lead in appreciation
According to the latest VeroFORECAST, this MSA is projected to see 11.7% appreciation for single-family residences and 11% appreciation for condos and townhomes and its market remains one of the strongest markets in the country, with its extremely low 1.4-month supply of homes struggling to fill the demands of its growing population.
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Debt-saddled consumers would give up social media, pets for financial relief

But, there’s a better way
Consumer credit card debt hit a record high of $1 trillion in early 2018, and on the rise, too, is Americans’ struggle to climb their way out. Financial stress is affecting not only relationships, but sleep as well as our day-to-day lives. It seems impossible to escape as people struggle to make payments and fall further into a tailspin of compounding interest.
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HousingWire's Mortgage Services Guide narrows down your loan servicing search

HW lists servicers that tailor to your specific needs
HousingWire’s Mortgage Services Guide is a one-stop shop for finding the service provider your business is looking for. This monthly blog will highlight different services, service providers and insights your business needs to stay compliant and efficient. Visit HW’s Mortgage Services Guide to start your search.
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Monday Morning Cup of Coffee: With Kavanaugh confirmed, will Supreme Court take aim at the CFPB?

New swing justice previously declared bureau unconstitutional
In case you’ve been living under a rock for the last few days (and if you have, good for you…but how’d you get out from under there???), the Supreme Court has a new justice and balance of power of the nation’s highest court just swung decidedly to the right. So, does that mean that the CFPB will soon have to argue for its structure or very existence before the Supreme Court? The new justice has already declared the bureau unconstitutional. Here's a look at what's next.
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How real estate may fare in Fargo, North Dakota

Property values are projected to appreciate at just over 3% through next May
Fargo's notoriety, at least as a pop culture reference, has been on the rise since the release of a Coen brothers' comedy in 1996 and recent success of the television series it inspired. But when it comes to property values in the Fargo, ND-Moorhead, MN, MSA, the projected rise will be modest at best, according to VeroFORECAST projections. Read an exclusive analysis from Veros' Eric Fox to learn more.
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Monday Morning Cup of Coffee: Elon Musk settles with SEC, steps down as Tesla chairman

Plus, former Ocwen exec coughs up cash for insider trading, CFPB official is blasted for racism
Securities fraud, insider trading and allegations of racism inside the CFPB – we’ve got a solid dose of drama to kick off your week. Read about the details of Elon Musk’s settlement with the SEC – and the hefty fine he and Tesla will pay to wronged investors. Plus, a former Ocwen exec pays the price for insider trading, and a CFPB official suffers serious backlash from his colleagues when racists blog posts emerge from his past.
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