Appraisal Buzz

AUGUST 10, 2021

The post Homeowners’ Renovation Spending Doubled Since 2001 appeared first on DSNews. The post Homeowners’ Renovation Spending Doubled Since 2001 appeared first on Appraisal Buzz. The remodeling industry has responded with shifts in scale and specialization, according to a study by Harvard’s JCHS.

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Renovations Appraisal 195

Housing Wire

JANUARY 15, 2025

Data from the Urban Institute shows that mortgage credit availability as of second-quarter 2024 remains far below what is judged to be reasonable lending standards from 2001 to 2003.

Lending 418

Lending Housing Market Inventory Construction 418

Eyes on Housing

JANUARY 9, 2025

The population grew at a rate of 0.98%, the highest rate since 0.99% in 2001. Census Bureaus latest estimates, the U.S. resident population grew by 3,304,757 to a total population of 340,110,988. This also marked the third straight increase in the growth rate of the U.S. population. The vintage population estimates.

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Housing Wire

DECEMBER 30, 2024

The index is benchmarked to 100 in 2001 and is moving closer to what could be regarded as normal levels of home sales activity. November’s reading of 79.0 is the highest level for the PHSI since February 2023, according to NAR. By comparison, October’s index reading was 77.4, year over year.

Inventory 435

Inventory Buyers Housing Market Mortgage 435

Appraisal Buzz

FEBRUARY 24, 2025

In stark contrast, as rates climbed, refinance volume plummeted to just $273 billion in the same period in 2023the lowest level since 2001. When mortgage rates hit record lows in 2021, refinancing volume soared, exceeding $2.2 trillion in the first 10 months of the year.

Contracts 374

Contracts Mortgage Appraisal 374

Appraisal Buzz

NOVEMBER 27, 2024

An index of 100 is equal to the level of contract activity in 2001. NAR’s Pending Home Sales Index (PHSI)–a forward-looking indicator of home sales based on contract signings–rose 2% to 77.4 in October. Year-over-year, pending transactions jumped 5.4%.

Contracts 418

Contracts Inventory Mortgage Buyers 418

Appraisal Buzz

JUNE 18, 2024

Median rent increased a whopping 21% between 2001 and 2022, while median renter household income increased just 2%. Rapid Rent Growth Rents have grown rapidly across all income groups since 2001: The largest increase was for households earning $75,000 or more, where median rent increased by 27%, to $1,800 in 2022.

Investing 434

Investing Appraisal Marketing 434

Housing Wire

JANUARY 13, 2025

After leaving baseball in 2001, Evans began his lending career in Houston, before transitioning to Movement Mortgage and Summit Funding. Evans’ experience in the mortgage industry includes several high-profile leadership roles with companies such as Movement Mortgage.

Lending 370

Lending Retail Business Construction 370

Appraisal Buzz

OCTOBER 30, 2024

The amount of contract activity in 2001 is represented by an index of 100. September saw a 7.4% increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, the highest level since March (78.3). Pending transactions increased 2.6% year-over-year. to the highest level since March.

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

JUNE 27, 2024

An index of 100 is equal to the level of contract activity in 2001. According to industry analysts, this is the lowest index reading recorded since NAR began collecting the data in 2001. The PHSI fell 2.1% from April to a reading of 70.8 in May, which was down 6.6% on a yearly basis.

Inventory 501

Inventory Contracts Realtors Buyers 501

Housing Wire

APRIL 9, 2024

Jana Caudill was a sales associate with Keller Williams from February 1, 2001 to December 14, 2011, and Dennis Caudill was a sales associate with Keller Williams from February 1, 2001, to December 14, 2011. District Court for the Northern District of Indiana.

Brokerage 476

Brokerage Agents Legal Real Estate 476

Housing Wire

JULY 31, 2024

A reading of 100 is equal to the level of contract activity in 2001. According to industry analysts, May’s index value was the lowest reading recorded since NAR began collecting the data in 2001. The index rose from a reading of 70.8 in May to 74.3 in June, although the latter reading was down 2.6% on an annual basis.

Housing Market 468

Housing Market Contracts Inventory Realtors 468

Housing Wire

MAY 25, 2023

An index of 100 is equal to the level of contract activity in 2001. The South’s pending home sales activity is similar to that of 2001, but the Midwest’s activity has decreased by 22% in that same period, and the Northeast and West regions are both about 40% lower than they were in 2001.”

Inventory 397

Inventory Housing Market Contracts Government 397

Appraisal Buzz

APRIL 2, 2025

While non-cash rentals have long provided relief for low-income and older adults, their share of the overall rental market has declined over the past two decades. According to the latest analysis , non-cash renters made up 4.7% of all U.S. rental households in 2023, down from 6.3%

Landlords 195

Landlords Tenants Appraisal Marketing 195

Housing Wire

AUGUST 3, 2021

An index of 100 is equal to the average level of contract activity during 2001, the first year examined. The volume of existing-home sales in 2001 was within the range of 5 to 5.5 The overall pending home sales index fell 1.9% in June, according to the National Association of Realtors , which tracks the metric. (An

Buyers 514

Buyers Inventory Realtors Contracts 514

Housing Wire

JULY 29, 2021

An index of 100 is equal to the average level of contract activity during 2001, the first year examined. The volume of existing-home sales in 2001 was within the range of 5 to 5.5 The overall pending home sales index fell 1.9% in June, according to the National Association of Realtors , which tracks the metric. (An

Marketing 468

Marketing Buyers Realtors Real Estate 468

Housing Wire

JANUARY 3, 2023

An index of 100 is equal to the level of contract activity in 2001. Year over year, the Pending Home Sales Index was down 37.8%, marking the 18 th consecutive month of annual declines.

Contracts 511

Contracts Housing Market Realtors Construction 511

Eyes on Housing

MAY 10, 2022

Population growth in the United States amounted to just 0.12% in 2021 (between July 2020 and July 2021), the slowest rate on record dating back to 1900.

Construction 174

Construction Marketing 174

Housing Wire

NOVEMBER 30, 2023

Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As a result, NAR’s Pending Home Sales Index fell to a reading of 71.4,

Housing Market 497

Housing Market Inventory Realtors Construction 497

Housing Wire

OCTOBER 28, 2022

An index of 100 is equal to the level of contract activity in 2001. Economists predicted that pending home sales would drop by 4.0% in September. Year over year, the PHSI was down 31.0%, marking the 16 th consecutive month of annual drops.

Contracts 528

Contracts New Listings Realtors Housing Market 528

Housing Wire

SEPTEMBER 5, 2024

Founded in 2001, California-headquartered OCMBC originates in the wholesale , retail and correspondent channels. . “Their extensive experience in servicing and their commitment to providing outstanding customer service align perfectly with our values at OCMBC,” Serene Vernon, president of OCMBC, said in a statement.

Retail 458

Retail Government Mortgage Business 458

Appraisal Buzz

JUNE 27, 2024

The level of contract activity in 2001 is represented by an index of 100. month-over-month, not just falling below forecasters’ hopes but hitting an all-time low since the NAR began collecting this data in 2001,” said Kate Wood, Home & Mortgage Expert at NerdWallet. “A Pending transactions were down 6.6% from the previous year.

Contracts 418

Contracts Inventory Buyers Mortgage 418

Appraisal Buzz

AUGUST 30, 2024

in July, the lowest level since the index’s inception in 2001. The level of contract activity in 2001 is represented by an index of 100. “A A forward-looking measure of home sales based on contract signings, the Pending Home Sales Index (PHSI) fell to 70.2 Pending transactions decreased by 8.5% over the previous year.

Contracts 312

Contracts Realtors Inventory Buyers 312

Housing Wire

MARCH 28, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. NAR’s Pending Home Sales Index increased to 75.6 in February, up from 74.3 in January. On a year-over-year basis, pending sales were down 7%.

Inventory 482

Inventory Realtors Contracts Sellers 482

Housing Wire

SEPTEMBER 26, 2024

A reading of 100 is equal to the level of contract activity in 2001. After hitting the second-lowest level on record in July , pending home sales rose slightly in August, according to data released Thursday by the National Association of Realtors (NAR). The Pending Home Sales Index rose 0.6%

Contracts 457

Contracts Realtors Housing Market Mortgage 457

Housing Wire

MARCH 14, 2024

In the lawsuit, the plaintiff says that she terminated her FHA loan in 2001 and was not informed at the time that a refund was owed, nor was she aware that she had to submit an application for a refund. Nationwide, that number soars to more than 754,000 borrowers and a total of $384.7 million in unclaimed refunds.

Insurance 497

Insurance Mortgage Development Legal 497

Housing Wire

AUGUST 19, 2024

“The market has its challenges, but having lived and worked through multiple cycles in [New York City] real estate since 2001, what keeps our heads in the game is staying in the foxhole and being consistent in what we do,” the Zwebens’ statement reads. ”

Brokerage 435

Brokerage Real Estate Clients Business 435

Housing Wire

JULY 1, 2024

Despite only a little over a year at Anywhere, Atallah is no stranger to the real estate conglomerate, as he began his career in 2001 as an associate broker at Coldwell Banker before becoming a senior vice president there in 2011 and a regional vice president for the Greater Atlanta region in 2019. “I’m

Realty 448

Realty Real Estate Realtors Brokerage 448

Housing Wire

AUGUST 29, 2024

Anything above 100 is considered to have a higher level of activity relative to 2001. On an annual basis, the index fell by 8.5% to the second lowest seasonally adjusted rate in the data’s history, topping only April of 2020 when the market was frozen by the pandemic. The index fell by 5.5% month over month to 70.2. presidential election.”

Buyers 459

Buyers Realtors Inventory Sellers 459

Housing Wire

JANUARY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. “We “This recent low point in home sales activity is likely over,” Lawrence Yun, NAR’s chief economist, said in a statement. Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.”

Contracts 448

Contracts Realtors Mortgage Buyers 448

Housing Wire

DECEMBER 28, 2023

Pending home sales in November were largely unchanged from October’s levels, a month that saw the lowest pending sales since 2001. according to the latest data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI) recorded a minor increase to 71.6 in November, from 71.4 one month ago.

Realtors 482

Realtors Contracts Mortgage Marketing 482

Housing Wire

MARCH 11, 2024

According to the annoucment, King, who has been with Keller Williams since 2001, will continue as a training and coaching leader for Keller Williams’ Franchise Systems Orientation and will continue his work updating the Team Leader and Keller Williams experiences.

Training 445

Training Realty Legal Tools 445

Housing Wire

JUNE 26, 2024

iHomefinder was established in 2001 by Brett DeSchepper and is based in Berkeley, California. “His vision and strategic approach will be instrumental in achieving iHomefinder’s objectives and continuing to provide innovative solutions to real estate professionals.”

Client Relationships 394

Client Relationships Real Estate Technology Design 394

Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. NAR’s Pending Home Sales Index (PHSI) decreased to 74.3 in January, down from 77.3 in December. On a year-over-year basis, pending sales were down 8.8%. from December’s annualized rate.

Contracts 459

Contracts Inventory New Listings Realtors 459

Housing Wire

AUGUST 4, 2022

Veros, in business since 2001, provides services for automated valuations, fraud and risk detection, portfolio analysis and forecasting. It’s the primary architect and technology provider for Fannie and Freddie’s Uniform Collateral Data Portal and works with the FHA on its Electronic Appraisal Delivery system.

Appraisal 435

Appraisal Valuation Real Estate Technology 435

Housing Wire

JANUARY 19, 2023

His career also includes senior management roles at First Community Mortgage , Elite Mortgage Services and Ace Mortgage Funding since 2001. He was in charge of growing the mortgage banking platform and focusing on branch development within the middle Tennessee area. After posting production volume of $148.76

Retail 397

Retail Mortgage Loan Officers Lending 397

Housing Wire

FEBRUARY 5, 2021

Guaranteed Rate, founded in 2001 in Chicago, is now firmly a top-10 mortgage lender in the U.S. It grew nearly 100% in 2020. Last year, the mortgage firm also had two loan originators produce over $1 billion in mortgages: Ben Cohen and Shant Banosian.

Loan Officers 448

Loan Officers Retail Technology Mortgage 448