HECM endorsements spike in November amid shutdown backlog
Home Equity Conversion Mortgage (HECM) endorsements saw an artificial increase in November due to the federal government shutdown, an effect that may continue into December. Meanwhile, activity in the secondary market slowed down, according to reports released this week. In total, the Federal Housin
Northern Virginia real estate leaders speak on recent inventory surge
Northern Virginia’s housing market saw a dramatic rise in available homes this fall, with active listings climbing 39.4% in October compared with the same month a year earlier, according to HousingWire Data. The region recorded 8,194 active listings in October, up from 5,877 annually — a level of su
Nevada lawmakers kill bill to limit corporate home buys for rentals
By a single vote, Nevada legislators spared the governor a second time from having to veto a measure that would cap the annual number of residential properties firms could buy and rent out as homes. During a special session, the failed legislation would have given Democratic lawmakers the required
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