Appraisals are estimates of a home’s value and they’re typically required. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. But does that mean you should skip a home inspection?

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PennyMac Mortgage Investment Trust announced that company founder and Non-Executive Chairman Stanford Kurland died at age 68 due to complications from COVID-19. Kurland had also been battling brain cancer.

The post Industry mourns death of PennyMac’s Stanford Kurland appeared first on HousingWire.

Record low inventory and strong buyer demand surged the cost of homes in the U.S 9.5% nationally in November, according to the Case-Shiller index.

The post Home prices surge to six-year high in November appeared first on HousingWire.