Remove 2007 Remove Buyers Remove Clients
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William Raveis acquires Nantucket-based Jordan Real Estate

Housing Wire

Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007. The brokerage opened a full-time office known as William Raveis Nantucket on the island’s historic Main Street in 2007. Several JRE agents serve on local boards and nonprofits across the island.

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The Similarities Between 2007 and Today

Appraisal Buzz

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up.

Appraisal 418
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With mortgage rate volatility, buyers can save by shopping around

Housing Wire

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. It’s transitioning to a buyers’ market, as 20% of sellers had a price reduction in August 2022, compared with 11% a year ago,” said Rich Weidel, CEO at Princeton Mortgage.

Buyers 482
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Opinion: Riding the wave

Housing Wire

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. Serious buyers showed discernment as they know inventory is growing. Difficult inspections have been on the rise over the last few months. With only 1.3

Inventory 452
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Top of the list: An interview with Ben Caballero

Housing Wire

Caballero is like any real estate listing agent, on the hunt for clients. But instead of individual homesellers his clients are homebuilding companies including Toll Brothers , Trophy Signature Homes , and Historymaker Homes. So that those agents will bring their buyer to the builder. I never talk to a buyer.

Realtors 417
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Homebuilders prepare to restart delayed projects

Housing Wire

The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. Presented by: Move Sales.

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How JVM Lending plans to expand without any loan originators

Housing Wire

Back in the 2007-2009 meltdown, we had loan officers with us at that time. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 418