Housing Wire

DECEMBER 18, 2024

CreditXpert CEO Jim Hemmer said that shifting market demands motivated the company’s choice to move on from Wayfinder and the What-if Simulator. The company said it has analyzed 1 billion credit pulls since 2001 and serves more than 60,000 industry professionals each year. 1 in preparation for the launch of the new platform.

Loan Officers 397

Loan Officers Tools Technology Mortgage 397

Housing Wire

FEBRUARY 3, 2025

The company announced that Vernon has been placed on administrative leave while John Hamel, its former chief capital markets officer, has assumed the permanent role of president. ” Founded in 2001, California-headquartered OCMBC originates in the wholesale , retail and correspondent channels. .

Retail 417

Retail Lending Clients Mortgage 417

Appraisal Buzz

NOVEMBER 27, 2024

An index of 100 is equal to the level of contract activity in 2001. First American Deputy Chief Economist Odeta Kushi noted, “However, mortgage applications–another leading indicator of sales activity–suggest that the housing market’s challenges remain. The record-high stock market is providing a boost for upper-end home buyers.”

Contracts 418

Contracts Inventory Mortgage Buyers 418

Appraisal Buzz

OCTOBER 30, 2024

The amount of contract activity in 2001 is represented by an index of 100. Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months. Rates have since climbed to 6.54%, possibly sapping some of the energy starting to build in the market.” September saw a 7.4%

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

JANUARY 13, 2025

“Individuals and families in these markets deserve proper community-focused lending, and Evans leadership is well-suited to deliver the localized support they need. After leaving baseball in 2001, Evans began his lending career in Houston, before transitioning to Movement Mortgage and Summit Funding.

Lending 370

Lending Retail Business Construction 370

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 “seesaw” nature of pending home sales could indicate a turning point for the housing market, according to Lawrence Yun, NAR chief economist.

Marketing 468

Marketing Buyers Realtors Real Estate 468

Appraisal Buzz

JUNE 18, 2024

With housing costs outpacing income gains, low-income renters have been hit especially hard—median residual income remaining post-rent has sunk to $310 a month, far less than the minimum for an adequate standard of living, and turning food, healthcare, and childcare from necessities to niceties in the current market.

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Investing Appraisal Marketing 434

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. Even more inventory is expected to come onto the housing market in the upcoming months ahead of the normal, seasonal declines in the winter.”

Housing Market 468

Housing Market Contracts Inventory Realtors 468

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. Kushi added that more buyers may be enticed back into the market if mortgage rates continue to fall and inventory levels continue to rise.

Inventory 501

Inventory Contracts Realtors Buyers 501

Housing Wire

JUNE 15, 2022

Real estate investment firm New Western has named Kuba Poraj-Kuczewski as its chief marketing officer. Poraj-Kuczewski will lead the company’s marketing strategies and oversee its marketing team. . Poraj-Kuczewski most recently served as vice president of marketing at ClickBank for more than two years.

Marketing 370

Marketing Real Estate Investing Investors 370

Housing Wire

MARCH 9, 2021

Prognosticators are already suggesting the mortgage market has recently “peaked.” If the past two decades are any indication, the impending purchase-dominated market will bring discussion of softening margins and higher expenses. There are any number of great solutions coming into the title market or already here.

Marketing 468

Marketing Technology Lending Business 468

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

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

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Housing Market Marketing Real Estate Finance 497

Housing Wire

MAY 25, 2023

The housing market looks different than it does during a typical spring, when the market is usually in full gear,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in March.

Inventory 397

Inventory Housing Market Contracts Government 397

Housing Wire

JANUARY 3, 2023

An index of 100 is equal to the level of contract activity in 2001. Pending-home sales in November reflect a freeze in the housing market, as buyers remain on the sideline and sellers are staying put,” Odeta Kushi, First American’s deputy chief economist, said in a statement.

Contracts 511

Contracts Housing Market Realtors Construction 511

Housing Wire

NOVEMBER 30, 2023

Pending home sales in October fell to their lowest level since 2001. Historically high rates harmed the housing market in October Annualized existing home sales remained below 4 million in October, the lowest rate since 2010. In today’s tough housing market, the rental market is cooling off, giving some relief to homebuyers.

Housing Market 497

Housing Market Inventory Realtors Construction 497

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

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5%

Housing Market 435

Housing Market Buyers Marketing Retail 435

Housing Wire

AUGUST 3, 2021

The markets expected to see the largest increases in home prices in the next 12 months, per CoreLogic, are San Diego, California (+11.5% 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

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Buyers Inventory Realtors Contracts 514

Housing Wire

OCTOBER 28, 2022

An index of 100 is equal to the level of contract activity in 2001. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. 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

AUGUST 29, 2024

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. Anything above 100 is considered to have a higher level of activity relative to 2001. But we believe the market will turn.” On an annual basis, the index fell by 8.5% The index fell by 5.5%

Buyers 459

Buyers Realtors Inventory Sellers 459

Housing Wire

JANUARY 27, 2023

Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.” An index of 100 is equal to the level of contract activity in 2001. “We Job gains will steadily become important in driving local home-sales markets. compared to December 2021. range,” Yun added.

Contracts 448

Contracts Realtors Mortgage Buyers 448

Housing Wire

SEPTEMBER 28, 2023

An index of 100 is equal to the level of contract activity in 2001. Yun also expressed concern about a possible government shutdown, which could worsen the conditions in the housing market. “It August may be the beginning of the end of this resilient housing market, at least for a while,” Sturtevant said.

Housing Market 497

Housing Market Contracts Government Buyers 497

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 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%. There will be a steady rise in inventory from recent growth in home building,” Yun added.

Inventory 482

Inventory Realtors Contracts Sellers 482

Housing Wire

AUGUST 19, 2024

They’ve even incorporated videos of Paul cooking into marketing materials, which present real estate as a home rather than a property. During its second-quarter earnings call , the company said it wants to achieve 30% market share in the top 30 metro areas of the country. Compass already has a huge footprint in New York City.

Brokerage 435

Brokerage Real Estate Clients Business 435

Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

Marketing 397

Marketing Loan Officers Business Mortgage 397

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. An index of 100 is equivalent to the level of pending sales in 2001. A healthy housing market is considered roughly six months of supply. Tightened supply was largely responsible for a 10.6%

Inventory 511

Inventory Contracts Housing Market Buyers 511

Housing Wire

OCTOBER 6, 2023

With 30-year fixed mortgage rates climbing to a 23-year high, the Mortgage Bankers Association (MBA) called on the Federal Reserve to bring some certainty to financial markets. “It to 5% – the highest level since 2001. The central bank currently holds about $2.6 trillion of MBSs as part of its roughly $8 trillion securities portfolio.

Government 493

Government Mortgage Investors Finance 493

Housing Wire

AUGUST 14, 2023

While Zillow and its “Zestimate” brought undeniable benefits to consumers, it also added a considerable workload to the already-demanding agent transaction and marketing cycles. According to a 2001 NAR survey , only 69% of buyers used the services of a real estate agent.

Real Estate 370

Real Estate Real Estate Agent Marketing Technology 370

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

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. NAR’s Pending Home Sales Index (PHSI) increased to 77.3

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. The job market is solid, and the country’s total wealth reached a record high due to stock market and home price gains,” NAR chief economist Lawrence Yun said in a statement. “The from December’s annualized rate.

Contracts 459

Contracts Inventory New Listings Realtors 459

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 Current lower, falling mortgage rates will no doubt bring buyers into market.” Pending transactions decreased by 8.5% over the previous year.

Contracts 312

Contracts Realtors Inventory Buyers 312

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. Looking ahead Lower rates could also improve the new home sales market according to Logan Mohtashami, lead analyst for HousingWire. NAR’s Pending Home Sales Index (PHSI) recorded a minor increase to 71.6

Realtors 482

Realtors Contracts Mortgage Marketing 482

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. The index dropped to 116.7

Inventory 448

Inventory Renovations Contracts Buyers 448

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. The lack of available homes on the market is taking a toll on the marginal buyer who is feeling an affordability squeeze.

Inventory 514

Inventory Construction Housing Market Business 514