First American says system has been restored; perpetrator stole data

More than a week after it shut down systems to combat a cybersecurity incident, title insurance giant First American Financial says it has restored some key systems and “contained the threat.” Though details about the hack — which has delayed closings across the country — remain sparse, a filing was
Read MoreTwixmas is the perfect time to claim email amnesty

Happy Twixmas, kids! First of all, let’s unpack this precious time between Christmas and New Year’s when real estate pros are left wondering, what the heck do I do with myself and all of this unclaimed time?! Yes, you can (and definitely should) follow the lead of your friends who are on salary by k
Read MoreHomebuilders are primed for an even better 2024

In some ways, 2023 was the year of the homebuilder. There wasn’t much competition from existing homeowners. And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more
Read MoreHomebuying has not been this affordable since May: ICE

The decline in mortgage rates in November helped financially strained homebuyers, according to ICE Mortgage Technology‘s latest Home Price Index data.It took $279 less per month to purchase the median-priced home in November compared to October, according to ICE Vice President of Enterprise Research
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