Title insurers generated $4.5 billion in premiums during the second quarter of 2025, up from $4.1 billion a year earlier, according to the American Land Title Association’s (ALTA) latest Market Share Analysis. “The title insurance industry continues to demonstrate resilience and reliability, even as the broader real estate market faces headwinds,” said ALTA CEO Chris […]
Title insurance premiums rise to $4.5B in Q2 Read More »
The number of new-home sales in July may have only fallen slightly from a month prior, but it is meaningfully lower than a year ago, according to data released Monday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. New-home sales dropped to 652,000 units in July, down 0.6% from
New-home sales continue to slide in July, bringing down prices Read More »
Nationally, existing home sales remain muted even as housing inventory grows, according to a new First American analysis of the 75 largest U.S. metropolitan areas. Inventory in July was nearly 20% higher than a year ago, yet the flow of new listings rose only 5% compared with 2024. That distinction matters, said Odeta Kushi, deputy
First American: Existing home sales remain subdued Read More »
First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily on roughly 100 million properties, including single-family homes, condominiums and homes in planned-unit developments. It provides rental estimates, value ranges and confidence scores for use by
First American launches monthly rent automated valuation model Read More »
The second quarter of 2025 was a bit of a mixed bag for the title insurance industry’s four largest players, which the “Big Four” attributed to a variety of factors including slower housing market conditions, legal expenses and weaker performances from their non-title segments. Stewart posts strong financial results The smallest of the Big Four,
Title’s Big Four post mixed-bag Q2 2025 results Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: ICE posts $851M profit in Q2 2025, raises revenue guidance Intercontinental Exchange reported $851 million in net income for the second quarter and a return to profitability in
Tech Pulse: ICE posts strong earnings; bill pushes unconverted crypto in mortgage Read More »
First American Title Insurance Co. has introduced a generative artificial intelligence (AI) tool designed to streamline how title agents access underwriting and compliance information. The new feature — called AgentNet Assist — integrates with the company’s AgentNet platform and is now rolling out to First American’s policy-issuing title agents nationwide. AI tools allow agents to
First American Title launches AI tool for agents Read More »
Title Resources Group (TRG) has named industry veteran Kevin Wall as its new CEO, effective July 28. Wall will also join the company’s board of directors. J. Scott McCall, the company’s current CEO, will transition to vice chairman of the board. Wall brings more than 30 years of experience in title insurance and settlement services.
Title Resources Group hires Kevin Wall as CEO Read More »
The cost of owning a home in the U.S. has jumped sharply in recent years, reaching an average of more than $1,700 per month in 2023 — a 17% increase since 2020 — according to an analysis by First American senior economist Sam Williamson. Using the most recent U.S. Census Bureau data, Williamson found that
First American: Rising costs squeeze homeownership for millions Read More »
Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence to suggest they’ll move much higher and further constraint housing affordability. On Tuesday, 30-year conforming rates averaged 6.93% while 15-year conforming rates averaged 6.76%, according to HousingWire’s Mortgage Rates Center. In comparison, these figures stood at 6.88%
Mortgage rates remain close to 7%, but there are positives for housing Read More »