Venture-backed residential brokerage Compass has hired bookrunners ahead of an independent public offering in 2021, according to a new report.

The post Compass eyes IPO in 2021: report appeared first on HousingWire.

Mortgage veterans launch new residential due diligence startup, Canopy.

The post Industry veterans launch Canopy in bid to shake up residential due diligence space appeared first on HousingWire.

Along with the growth in new home sales, the supply for new homes has declined dramatically. This causes our homebuilders to rightly be very confident.

The post The best new home sales report ever appeared first on HousingWire.

Driven by affordability and an affinity for overlooked markets, some real estate investors are looking to out-of-state properties.

The post These markets are attracting the most out-of-state real estate investors appeared first on HousingWire.

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 up 41.5% year-over-year.

The post New home sales juggernaut continues appeared first on HousingWire.

The former Chair of the Federal Reserve will get her shot as Biden’s Treasury Secretary. She will be tasked with spearheading the revival of an economy devastated by the coronavirus pandemic. HW+ Premium Content

The post What Yellen as Treasury Secretary would mean for housing appeared first on HousingWire.

The average U.S. mortgage rate for a 30-year fixed loan remained unchanged at 2.72% this week, Freddie Mac said in a report on Thursday – the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history.

The post Record low mortgage rates hold steady at 2.72% appeared first on HousingWire.

After two weeks of decreasing numbers, mortgage applications increased 3.9% last week, according to a report from the Mortgage Bankers Association. Refinance applications climbed even higher.

The post Refinance applications jump to highest level since April on low mortgage rates appeared first on HousingWire.

The battle for CoreLogic’s board continued on Tuesday after Senator Investment Group and Cannae Holdings, who attempted an unsolicited takeover bid of the company this summer, initiated a written consent process to remove and replace additional directors.

The post CoreLogic responds to investor groups’ initiation of written consent process appeared first on HousingWire.

Over the weekend, CoStar Group announced that it has agreed to acquire real estate tech company Homesnap. The acquisition was made for $250 million in cash and is expected to close by the end of this year, pending closing conditions and review, according to a release.

The post Real estate tech roundup: CoStar buys Homesnap appeared first on HousingWire.