Entries by Lindsay

Are zero-energy homes the new wave in housing?

Americans are making an effort to be more environmentally cautious, especially in the wake of natural disasters that have ravished local communities across the country. This is especially so for De Young Properties, which has set a precedent that could be responsible for bringing 100,000 zero-energy homes a year to California. Source: HousingWire Magazine

Only half of houses for sale are affordable for the average buyer

Housing affordability continues to hover near a 10-year low, and the National Association of Home Builders is urging policymakers to do something about it. Of the homes sold in Q4, just 56.6% were affordable for those earning the country’s median income of $71,900. “Historically, housing has been the canary in the coal mine, and these […]

HomeStreet Bank moves to sell off almost entire mortgage business

After struggling to keep up with the mortgage business’ new reality of lower refinance originations due to higher mortgage interest rates, HomeStreet Bank is plotting a mass exodus from the mortgage business. The bank announced Friday that it is planning to sell off its entire retail mortgage operation, which includes 72 home loan centers in […]