LoanSnap said it used  its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market “hidden gems” for 2022.

The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.

Three of the 10 fastest-growing counties in Texas are in the Houston metropolitan area, according to a recent Stacker report.

“While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability.” — NAHB chief economist Robert Dietz

Louie the Sheep is a local legend in Australia — and his rainbow-hued, modern farmhouse is up for sale.

As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

JMG Realty provides management, redevelopment, financial and investment services for multifamily, affordable and build-to-rent real estate properties to both private and institutional owners.

Jordan Ranch recently increased its developed homesites by nearly 40% with the release of 415 properties. The new sections accommodate a wide assortment of home designs ranging from 40-70 feet wide.

Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.

Coventry Homes announced plans to expand into the Magnolia community of Escondido, where it will offer more extensive floor plans priced from the mid $300,000s. Sales launched this week, according to a press release. 

While Houston saw an increase in new home listings after Thanksgiving, numbers for the week ended Dec. 6 are still trailing behind the same time period last year, down 6% compared to 2020.

While buyer preferences for more space — both inside and outside the home — remain and supply chain issues continue to stifle home construction efforts, other factors, such as the potential increase in interest rates, are expected to change the game in 2022.

The decline in mortgage rates prompted an uptick in refinancing, with government refinances increasing more than 20% over the week, MBA associate vice president of economic and industry forecasting Joel Kan said in a press release.

The REACH program aims to identify and accelerate the most promising new technology companies in real estate and adjacent industries, including banking, insurance and home services.