Lawmakers introduce bill to give first-time homebuyers $15,000 tax credit

Reading Time: 2 minutesTwo West Coast legislators have introduced a new bill providing a refundable tax credit of up to $15… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
New-home sales enjoy big March bounce, but could hot market get even hotter?

Reading Time: 2 minutesNew-home sales surged to a seasonally adjusted annual rate of 1.02 million units in March, according… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Better adds three states, FirstClose forms HomeScout and more
Reading Time: 2 minutesFirstClose has announced the acquisition of a pair of companies: Reflect Resources, doing business a… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, April 19-April 23
Reading Time: 2 minutesPlanet Home Lending has named John Bosley as president, Mortgage Lending. Bosley, who has two decade… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Property pricing for office subtypes still moving in different directions

Reading Time: 2 minutesProperty price growth among office subtypes continued to diverge in March, with prices in suburban a… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
More than 600,000 Latinos bought a home with a mortgage in 2020

Reading Time: 3 minutesOver 600,000 Latinos bought a home using a mortgage in 2020, an increase of 13% from the previous ye… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Study: Homes in Black neighborhoods undervalued by $46,000

Reading Time: 3 minutesA new Redfin study has found that the average home in a predominantly Black neighborhood nationwide … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: New Residential buys Caliber, Blend prepares to go public, and more
Reading Time: < 1 minuteNew Residential Investment Corp., the parent company of NewRez, has announced a definitive agreement… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Redfin: Median home-sale price hits all-time high

Reading Time: 2 minutesThe median sale price of homes sold by Redfin rose to $341,250 — an all-time high — during the four-… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
March housing starts bounce back from winter weakness

Reading Time: 2 minutesWith much of the country leaving harsh winter weather behind, housing starts saw a solid March rebou… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in