Prices fell 2.9% in Austin but rose 6.4% in Chicago, showing weak purchase demand is producing local corrections rather than a national one
Tagged: First American Financial Corp.
Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year
Dunkerley founded the warehouse lender in 2003 and guided the company through its 2018 acquisition by First American
Annual appreciation reached its highest rate since August, but prices varied sharply by market and buyer segment
First American says limited inventory is keeping prices at historic highs, while luxury homes continue to outperform starter and mid-tier markets
Company argues efforts to lower closing costs could transfer risk to lenders, borrowers and investors
First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements
First American Data & Analytics and DealGround study finds most commercial real estate professionals use AI regularly, but rely on human verification before making underwriting, valuation, and transaction decisions
Higher energy costs and persistent core inflation are expected to keep borrowing costs elevated, limiting near-term upside for housing activity
AgentNet Assist feature extracts and surfaces key data to streamline title review and reduce friction late in the mortgage process