Housing Starts Rebound Sharply in June, But Only in Multifamily

In May, housing construction starts bottomed-out to a six year low, according to the U.S. Census Bureau, attributed to ongoing challenges such as construction costs and high mortgage rates triggered by rising inflation. The newest monthly update, however, shows a recovery—for at least one sector of

UHM acquires AmeriTrust assets, expands non-QM footprint

Union Home Mortgage Corp. (UHM) has acquired AmeriTrust Mortgage Corp. in an asset deal that closed in 45 days, boosting UHM’s exposure to the nonqualified mortgage (non-QM) market. Financial terms were not disclosed. “There have been long-term relationships between some of the senior executives on

Housing permits near cycle lows even as housing starts beat estimates

Housing starts beating estimates while housing permits are near cycle lows is an odd situation, but I am here to make sense of it and explain where exactly we are in the housing construction cycle. First, we have to always remember that housing starts are a very volatile number with a lot of revisio

The Emotional Impact of Professional Real Estate Photography

It doesn’t matter if you are looking for a condo in Seattle or a new home in Milwaukee, if you scroll through any real estate platform long enough, you’ll notice that a pattern emerges. Some listings feel alive. Others feel like paperwork. It’s rarely about the house itself. Two properties with simi