As one of biggest industries that touches nearly everyone in America, the housing industry quickly assembled together to give back to those impacted by Hurricane Harvey. From financial relief for homeowners to gathering supplies to donate, the industry is working in overdrive to make sure the people in Houston and surrounding areas get the support
MORTGAGE TECH PRODUCT SHOWCASE Working with local banks and credit unions in the Pacific Northwest as a flood determination provider, Chronos Solutions (formerly UPF Services) recognized the need to provide a tax monitoring service to assist those clients in mitigating their risk of delinquent taxes within their servicing portfolios. Building on 25 years of expertise
For HGTV’s hit television show “House Hunters,” California designer Caitlin Murray of Black Lacquer Design was tapped to renovate the dated kitchen in a quaint 1940s bungalow, located in the Los Angeles valley. Last renovated in the ’80s, the drab kitchen featured yellow walls, faux-wood laminate flooring, and oak cabinetry. The space was also closed
Late last year, Opendoor, an online marketplace that buys homes directly from homeowners, announced that it raised $210 million to fund the company’s expansion beyond the two markets where it initially launched. The company currently operates in Phoenix and Dallas-Fort Worth, but back in December, Opendoor said that it planned to expand to 10 new
Despite the idea that Millennials move around and don’t want to be tied down, young people today are actually less likely to move than previous generations. In fact, data from the U.S. Census Bureau shows the mobility rate for young people currently sits at the lowest rate in 50 years. But SmartAsset, a financial data
Real gross domestic product surged in the second quarter to a level not seen since the first quarter of 2015, according to the second estimate from the Bureau of Economic Analysis. The second estimate shows GDP in the second quarter increased to 3%. This is up from the advanced estimate’s 2.6% and up from the
Employment is set to boom in August, surpassing last month’s increase, according to the ADP and Moody’s Analytics National Employment Report. The report predicts an increase of 237,000 jobs in August, up significantly from last month’s prediction of 178,000 and even up from the U.S. Bureau of Labor Statistics’ report which showed an increase of 209,000. The
Hurricane Harvey hit South Texas as a Category 4 storm, the first major hurricane to make landfall in the U.S. since 2005. In addition to the lives tragically lost, estimates show the damage could total in the tens of billions of dollars, according to a report, RMBS 2.0 Exposure to Hurricane Harvey Affected Counties, released
June’s S&P CoreLogic Case-Shiller U.S. National Home Price Index showed home prices increased 5.8% annually, and experts explained this increase is the largest jump in the past three years. Experts explained that, unsurprisingly, this increase is due to the low levels of housing inventory. One expert also predicted home prices will continue to increase throughout
Home prices reached an all new high across the U.S. in June, according to the latest index released from S&P Dow Jones and CoreLogic. Nationally, home prices increased 5.8% from June 2016, up from May’s gain of 5.7%, to hit an all new high, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA