Housing Wire

OCTOBER 30, 2024

An index reading of 100 equates to sales activity in 2001. “A According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% compared to August and 2.6% year over year. NAR’s index reading of 75.8 is the highest number since March.

Mortgage 456

Mortgage Realtors Housing Market Finance 456

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

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 367

Inventory Housing Market Contracts Government 367

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 503

Contracts Housing Market Realtors Construction 503

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 460

Inventory Realtors Contracts Sellers 460

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 477

Insurance Mortgage Development Legal 477

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

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 479

Housing Market Inventory Realtors Construction 479

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 520

Contracts New Listings Realtors Housing Market 520

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 168

Construction Marketing 168

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

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 447

Realty Real Estate Realtors Brokerage 447

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

NOVEMBER 19, 2024

When it comes down to it, the supply and demand model works and new home sales currently today are still below levels we saw during the tech recession in 2001. It doesn’t seem like we will build millions more homes like everyone had hoped. On a positive note, builder confidence improved when mortgage rates fell from 7.5%

Construction 539

Construction Mortgage Development Buyers 539

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 418

Contracts Inventory New Listings Realtors 418

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 428

Buyers Realtors Inventory Sellers 428

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

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 373

Retail Government Mortgage Business 373

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 385

Brokerage Real Estate Clients Business 385

Housing Wire

OCTOBER 6, 2023

to 5% – the highest level since 2001. Since the central bank started its campaign to fight inflation, the Fed raised interest rates to a range of 5.25 Mortgage rates, which loosely follow the movement of the 10-year Treasury yield, are at their highest level in more than two decades. The 10-year yield was at 4.72% on Oct.

Government 488

Government Mortgage Investors Finance 488

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 435

Realtors Contracts Mortgage Marketing 435

Appraisal Buzz

MAY 3, 2022

Palmer has served at Freddie Mac in a variety of positions since 2001, most recently as senior vice president for Single-Family Portfolio Management. He will serve as a member of the company’s Senior Operating Committee and report to the company’s president, Mike Hutchins.

Business 283

Business Appraisal 283

Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. NAR’s Pending Home Sales Index (PHSI) increased to 77.3 in December, up from 71.6 in November. On a year-over-year basis, pending sales were up 1.3%.

Contracts 480

Contracts Housing Market Construction Inventory 480

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 411

Appraisal Valuation Real Estate Technology 411

Housing Wire

MARCH 31, 2021

An index of 100 is equivalent to the level of pending sales in 2001. The NAR’s pending home sale index managed to fall below 100 in the Northeast (92.3) and West (96.9) in February, while the South and Midwest also experienced declines but managed to stay above the 100 mark, at 133.2 respectively.

Inventory 511

Inventory Contracts Housing Market Buyers 511

Appraisal Buzz

DECEMBER 30, 2024

A PHSI reading of 100 is equal to the level of contract activity in 2001. NARs Pending Home Sales Index (PHSI)a forward-looking indicator of home sales based on contract signingsadvanced 2.2% in November. Year-over-year, pending transactions improved 6.9%. Mortgage rates have averaged above 6% for the past 24 months.

Contracts 435

Contracts Inventory Buyers Sellers 435

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 368

Lending Housing Market Inventory Construction 368

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 367

Contracts Realtors Housing Market Mortgage 367

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 370

Retail Mortgage Loan Officers Lending 370

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 350

Training Realty Legal Tools 350

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 394

Inventory Buyers Housing Market Mortgage 394

Housing Wire

APRIL 27, 2023

An index of 100 is equal to the level of contract activity in 2001. The monthly drop resulted in the Pending Home Sales Index recording a reading of 78.9, year over year. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement.

Inventory 432

Inventory Realtors Contracts Construction 432

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. After rising 8% in August, pending home sales dropped 2.3% in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. The index dropped to 116.7 in September, which is 8% lower than a year ago.

Inventory 448

Inventory Renovations Contracts Buyers 448

Housing Wire

SEPTEMBER 28, 2023

An index of 100 is equal to the level of contract activity in 2001. Existing home sales also fell in August, down 15.3% below the August 2022 level. The NAR’s Pending Home Sales Index fell to a reading of 71.8 Pending home sales, like new home sales, are based on contract signings.

Housing Market 453

Housing Market Contracts Government Buyers 453

Housing Wire

APRIL 2, 2021

“The prime-age labor force participation rate fell in the aftermath of the Great Recession and it took a decade to return to the pre-Great Recession average (2001-2007) of 83%,” Kushi said.

Inventory 513

Inventory Construction Housing Market Business 513

Housing Wire

NOVEMBER 30, 2022

An index of 100 is equal to the level of contract activity in 2001. Pending home sales have now fallen in 11 of the last 12 months. Year over year, the PHSI was down 37.0%, marking the 17 th consecutive month of annual declines. In recent weeks, however, mortgage rates have dipped back into the 6.0%

Realtors 385

Realtors Contracts Buyers Mortgage 385