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2 days ago | 
housingwire.com | Kennedy Edgerton
In today’s mortgage market, traditional mortgage products are no longer the one-size-fits-all solution they once were. The economy is now driven by entrepreneurs, investors, high-income earners, and young adults who thrive in the gig economy. These borrowers are driving a demand for alternative mortgage products. For these borrowers, non-qualified mortgage (non-QM) loans offer a premium alternative to conventional options.
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3 weeks ago | 
housingwire.com | Kennedy Edgerton
In the newest episode of the Power House podcast, mortgage industry veteran Dave Lykken joins host Diego Sanchez live from HousingWire‘s Housing Economic Summit. They explore the current mortgage industry climate, when Lykken expects interest rate stabilization to occur, and strategies for connecting with consumers. This conversation has been edited for length and clarity. Sanchez begins by diving into Lykken’s key takeaways on the importance of data in the mortgage industry.
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4 weeks ago | 
housingwire.com | Kennedy Edgerton
Dowell Myers could see the fire from his front yard — and the heat radiated into the house with impunity. Myers and his wife were at ground zero when the fire arrived in Altadena. The evacuation warning sounded, and the University of Southern California professor knew it was time to leave. But before he could move, something fell into his front yard. It wasn’t a fallen tree, ash or soot.
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1 month ago | 
housingwire.com | Kennedy Edgerton
The Los Angeles wildfires started in early January and left miles of devastation across several communities. Redfin data released Monday shows that February home sales in Altadena and Pacific Palisades were down significantly from the same month a year ago, placing another layer of devastation on the housing markets in these communities. Redfin’s report reviewed home sales in both areas during the month of February.
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1 month ago | 
housingwire.com | Kennedy Edgerton
The Washington, D.C., housing market is no stranger to high costs. But rising prices for building materials adds another layer of complexity.
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1 month ago | 
housingwire.com | Kennedy Edgerton
Rent growth for single-family homes ramped up at the start of 2025, according to a new report by CoreLogic. The data provider’s Single-Family Rent Index showed that rent prices jumped 2.4% during the year ending in January. January’s rent increase is only slightly higher than December’s increase of 2.1%. It’s also slightly lower than the 2.6% growth in January 2024, according to CoreLogic. The report also mentioned January’s historic rent-growth numbers.
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1 month ago | 
housingwire.com | Kennedy Edgerton
eXp World Holdings, the parent company of eXp Realty, announced this week that it has appointed Jesse Hill as its interim chief financial officer. The leadership change is effective April 1 as the current CFO, Kent Cheng, transitions into an advisory role. Hill is a veteran finance leader in the real estate industry. He currently serves as vice president of international finance and corporate financial planning and analysis at eXp Realty.
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1 month ago | 
housingwire.com | Kennedy Edgerton
Truework bolstered its mortgage technology platform by creating a new tool, Truework Intelligence, the company announced on Thursday. The platform will give property managers and mortgage lenders access to a comprehensive, end-to-end verification tool. Truework calls the new and improved platform the first automated and comprehensive income verification tool. The company said that Truework Intelligence includes new data methodology, predictive analytics modeling and other features.
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1 month ago | 
housingwire.com | Kennedy Edgerton
Disaster-stricken areas can place undue hardship on real estate agents looking to sell houses and sales volumes often take a hit. In Tampa, Florida, for example, pending home sales last fall after the arrival of hurricanes Helene and Milton, according to Redfin. And a report published this week said that agents in Florida, California and South Carolina are being forced to change tactics to survive in their markets.
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1 month ago | 
housingwire.com | Kennedy Edgerton
In this week’s episode of the RealTrending podcast, host Tracey Velt sits down with Ohio Realtors President Michelle Billings, an agent at Coldwell Banker Realty in Montgomery, Ohio. They explored affordability issues in today’s real estate market and how agents should leverage their knowledge for success. Billings has over 23 years of experience as real estate professional. This conversation has been edited for length and clarity purposes.
