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This article originally appeared in FinLedger, HousingWire’s sister-publication focused on Fintech. Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due diligence space through their newly launched company, Canopy. Canopy CEO John Levonick and COO Andrew […more]
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The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival. Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven […more]
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Sales of new homes rose to an annualized rate of 999,000 in October – 0.3% below September’s 1,002,000 revised rate but still a massive 41.5% higher than the same time last year, according to the Census Bureau and the Department of Housing and Urban Development. With October’s data in, new home sales have had the strongest three-month stretch […more]
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