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How to Build Volume in Today’s Market

Appraisal Buzz

In today’s low-volume market cycle, mortgage originators can build business by focusing on purpose-built loan products designed to overcome the specific challenges homebuyers face in the current market. That is a significant increase from the 13% average between 2000-2019 in new construction.

Marketing 396
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Zonda announces major business acquisition

Housing Wire

By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform. Founded in 2000, BDX is owned by a group of 24 leading U.S.

Business 378
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GSEs Seek Input on Duty to Serve Plans

Appraisal Buzz

Populating the nation’s rural areas FHFA’s current Duty to Serve regulation defines a “rural area” as a census tract outside of a metropolitan statistical area (MSA), as designated by the Office of Management and Budget (OMB); or a census tract in an MSA that is outside of the MSA’s Urbanized Areas as designated by the U.S.

Finance 390
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Opinion: How marketing automation saved an LO’s business

Housing Wire

In 2000, Mike’s company used a CRM capable of automating the marketing for its loan officers. I lived in limbo much of the time because potential buyers would often change their minds or fail to qualify at the last minute, leaving me with weeks of work without pay. He was afraid he would lose everything. The numbers were scary.

Business 449
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REAL ESTATE SETTLEMENT WILL UNSETTLE BUYERS

Will Springer Realtor

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. This move, while aiming to “decouple” buyer and seller compensation, may inadvertently reduce transparency for consumers when reviewing home-sale listings.

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Are New Homes in Birmingham Getting Smaller?

Birmingham Appraisal

Before the crash, this increase in the size of houses reflected the buyer’s desire for larger homes and the lender’s willingness to loan money for new construction. As a result, developers and buyers began to favor smaller, more affordable homes to reduce financial risk.

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3 Payment Assistance Avenues Available on Path to Homeownership

Will Springer Realtor

Whether you’re looking in Belltown or Bellevue, Bothell or Burien, buyers need to save up a whole lot of money before seriously considering a first-time home purchase. There are programs established by state and local governments that provide buyers – mostly first-timers – with assistance to make a down payment or meet closing costs.

Buyers 68