Housing Wire

JUNE 2, 2022

That’s why knowing the signs and interpreting them can provide invaluable direction for your clients and your business. Runaway headlines that predict housing doom shouldn’t be what dictates your business or your client’s next move. How can high prices be sustained when a buyer’s buying power is stretched so thin?

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Housing Market Supply Chain Construction Clients 468

Housing Wire

MARCH 27, 2024

And before getting my real estate license in 2009, I had the same opinion, too. The National Association of Realtors has provided these facts: 86% of buyers purchased their home through a real estate agent or broker. The recent multi-billion-dollar lawsuit outcome is both a complete game changer, yet changes nothing at all.

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Real Estate Agent Real Estate Agents Sellers 353

Housing Wire

JANUARY 31, 2023

It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. I know that sounds crazy, but we have a lot of clients reaching out for pre-approvals. I’m curious how this will impact potential buyers.

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Inventory Marketing Business Buyers 418

Housing Wire

JULY 7, 2022

Every year we are asked by our clients if we will provide servicing technology, because many lenders experience the inefficiencies when trying to onboard loans from a loan origination system into a servicing system. Lenders should have incentives to pass these cost savings to home buyers as they try and compete to originate more loans. .

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Modernization Technology Investing Mortgage 448

Housing Wire

APRIL 12, 2022

In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I In 2009, Samson Properties, still led by Danny Samson, created Cardinal Title Group, and soon thereafter gave agents a 100% commission. “We That changed amid the Great Recession.

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Brokerage Agents Real Estate Insurance 370

Housing Wire

APRIL 7, 2022

From understanding the importance of RON in the title industry and discovering the potential business benefits to learning how you can start offering RON closings to your clients, here’s the need-to-know info to get started. . According to a Global Workplace Analytics study , remote work has grown 159% since 2009.

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Law Technology Insurance Real Estate 370

Appraisal Buzz

SEPTEMBER 25, 2024

TD Bank provides more than nine million clients with a full range of retail, small-business, and commercial banking products. existing home sales reached a nearly 20-year low in 2023, these sentiments highlighted a sense of hope among the nation’s home buyers. Q: How did you first get your start in the industry?

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Loan Officers Retail Buyers Lending 243

Housing Wire

AUGUST 21, 2023

997 American Mortgage Mortgage 594% 2019 A 100% employee-owned company providing solutions to mortgage industry challenges, which benefit clients and employees. 1,403 SavvyMoney 417% 2009 A leading provider of credit score solutions, serving over 1000 financial institutions by combining real-time data with digital personalization tools.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Simonson Real Estate

JUNE 22, 2020

The Trepp CMBS Delinquency Rate in May logged its largest increase since it started tracking this metric in 2009. One indication of buyer expectations becoming increasingly cautious in the multi-family market is that one commercial real estate broker has reported eight multifamily deals that have been sidelined recently.

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Valuation Real Estate Appraisal Retail 146

McKissock

AUGUST 9, 2021

After working for a time at a Chicago radio station, he got his first real estate job in 2009. His approach to the client relationship centers around education, trust, proactive communication, market knowledge, aggressive facilitation of the transaction—and the use of cutting-edge technology. So he started his own brokerage. .”

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Clients Real Estate Real Estate Agent Client Relationships 96

Lamacchia Realty

FEBRUARY 15, 2024

During his time as a REALTOR®, Joseph expertly served buyers and sellers throughout Massachusetts and Rhode Island since 2017. "We Joseph Ribeiro Business Development Consultant, REALTOR® Lamacchia Realty has been serving buyers and sellers since 2009. We are so excited to add Joey to our team.

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Development Business Realty Realtors 69

Lamacchia Realty

JULY 21, 2023

Chris served buyers and sellers in the Greater Merrimack Valley area during his time as a REALTOR. He always loved working with people, getting to know the other REALTORS just as well as his clients. Chris Rochon Business Development Consultant Lamacchia Realty has been serving buyers and sellers since 2009.

Development 69

Development Business Realty Realtors 69

Lamacchia Realty

JUNE 2, 2023

Beth Allen-Byrd Connecticut Regional Manager Lamacchia Realty has been serving buyers and sellers since 2009. As a full-service, value-based brokerage, the company’s  mission  is to guide REALTORS®, employees, and clients to their success.

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Realty Realtors Brokerage Agents 72

Lamacchia Realty

AUGUST 30, 2022

Lamacchia Realty began in 2009 as a team model which in one year became #1 in Massachusetts and continued to hold that title for five consecutive years. Lamacchia Realty’s mission is to guide clients, Realtors, and staff to their success.

Realty 69

Realty Realtors Brokerage Training 69

Lamacchia Realty

JULY 14, 2023

As a local expert with decades of experience, Kara is perfectly suited to lead the region and guide the Falmouth office agents and their clients to success. Mike McGrory Vice President of Lamacchia Property Management Lamacchia Realty has been serving buyers and sellers since 2009.

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Realty Property Management Real Estate Realtors 59

Empire Appraisal Group

JULY 6, 2022

Wary buyers and rising interest rates may affect some U.S. Still, most economists are not predicting the catastrophic housing crash of 2007-2009 when there was a surplus of homes nationwide and a market saturated with bad mortgages. Unlikely to Feel Impact from Slowing Market. markets, but Fla.’s WEST PALM BEACH, Fla. –

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Marketing Landlords Real Estate Tenants 78

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. I got it mostly for MLS access and have only done one sale, representing the buyer. You will be missed.

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Appraisal Agents Real Estate Real Estate Agent 80

Simonson Real Estate

APRIL 26, 2021

For example, when a build-to-suit Dollar General store in small-town Minnesota is the subject of a valuation assignment, it is evident an overview of the National Net Lease markets is applicable as the buyer pool includes regional and national investors. Marlo Headrick , Associate, Simonson Appraisals.

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Marketing Tenants Valuation Real Estate 78

Appraisal Today

SEPTEMBER 20, 2024

The buyer and I have already agreed on a sale price.” Because of the financial capabilities, motivations, or special interests of a given buyer or seller, the price paid for a property may or may not have any relation to the value that might be ascribed to the property by others.” This was in 2009 in the throes of the Great Recession.

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Appraisal Business Contracts Real Estate 73

Appraisal Today

AUGUST 25, 2023

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. ” That means appraisers in affected areas should let clients know that certain assignments may be on hold for now.

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. In this blog, we will delve into the world of AMCs, exploring their evolution, core functions , regulatory framework, and the benefits they offer to lenders, homeowners , and buyers.

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Appraisal Appraisal Process Valuation Real Estate 36

Listing Spark

DECEMBER 15, 2022

How to qualify buyers so that you have a low default rate on owner financing deals. Why some buyers can’t qualify for more traditional financing. 00:05:38] How to qualify buyers so that you have a low default rate on owner financing deals. 00:07:03] Why some buyers can’t qualify for more traditional financing.

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Finance Investing Real Estate Lending 36

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Communicating with non-lender clients: Very, very different than lenders. The hangar was built in 2009, and the home was completed in 2014. This blog considers how each friction will respond to this “excess” of appraisers.

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Appraisal Contracts Business Mortgage 52

Appraisal Buzz

JULY 18, 2024

54,300 properties were purchased by foreign buyers, representing the lowest amount of homes purchased since 2009, the year NAR started collecting this data, and a 36% decrease from the prior year. home sales from foreign buyers.” Foreign buyers of existing residences in the U.S. decrease from the previous 12 months.

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Buyers Real Estate Realtors Development 395

Quicken Loans

APRIL 12, 2021

That’s why many home buyers turn to foreclosed homes in hopes of getting more space in a better area and with a much lower price tag. Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Many banks won’t sell directly to home buyers. Home loan modification programs.

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Inspection Property Taxes Mortgage Investors 54

Housing Wire

AUGUST 1, 2023

Foreign buyers purchased $53.3 Foreign buyers closed on 84,600 properties, down 14.2% It was the lowest number of homes bought since 2009, when NAR began tracking this data. Residential Real Estate report surveyed members about transactions with international clients who purchased and sold U.S. existing homes last year.

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Buyers Realtors Real Estate Inventory 370

Appraisal Today

JUNE 17, 2022

Include graphs and charts in your appraisal to show your clients what is happening now and why they need human appraisers. . It is extremely important for appraisers now to closely track changes in your local markets at least once every day and tell your lender clients about it. When will it affect your market? All cash and investors.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. In addition to reducing upfront costs, Rocket Mortgage says ONE+ completely eliminates the expensive monthly mortgage insurance fee for the client —which is traditionally required if the buyer places less than 20% down on their purchase.

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Easement Contracts Appraisal Inspection 52

Appraisal Today

JUNE 24, 2022

Communicating with non-lender clients is very, very different than lenders! Excerpts: Before the announcements from Fannie and Freddie, it was anticipated that desktop appraisals would only be accepted for loans with a maximum of 80% loan-to-value ratio (LTV), where buyers were making at least a 20% down payment.

Appraisal 52

Appraisal Contracts Mortgage Easement 52

Will Springer Realtor

MAY 9, 2023

There are many home options available to prospective buyers – including new construction offerings in buildings that opened during the pandemic. Split levels are not my favorite (or my clients’) because of the multi-stair layout but this one stood out for its fantastic views of Poverty Bay to the west. bath , 3259 sq.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Appraisal Today

JANUARY 3, 2025

However, optimism persists in the market as many believe rates could continue to ease in the months ahead, potentially sparking renewed interest among buyers and homeowners. Set goals for 2025 and plan how you will accomplish them What are your best current and former AMC/lender clients? Who are your worst and best clients?

Construction 82

Construction Appraisal Contracts Mortgage 82

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 range won’t last forever.

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Housing Market Marketing Inventory New Listings 36

Housing Wire

DECEMBER 17, 2024

The refrain finds its voice when a client opts for a disadvantageous long-term rate because they are planning to refinance when rates come back down next year. For context, a no-points interest rate is higher than one where the buyer pays some semblance of discount points. The sub-5% range happened for the very first time in 2009.

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Mortgage Modernization Housing Market Clients 397

Appraisal Today

MAY 20, 2022

No lender work and many other clients want to know if you are licensed. They had to get licensed because their clients wanted it, particularly attorneys. It seems an inflection point occurred where we really noticed the effect of higher mortgage rates on buyers. Where will this black line go in the coming time?

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Housing Wire

FEBRUARY 22, 2022

But homebuilders big and small continue to run into the same problems – building permits are on file, contracts with buyers are inked, but subcontractors often don’t show, and access to materials have led to longer build times and cost overruns. Currently, over 1.7 million homes are under construction, the highest level in decades.

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Supply Chain Construction Inventory Housing Market 538

Housing Wire

NOVEMBER 22, 2024

Housing starts plummeted to the lowest levels in 50 years in April of 2009 and the cost to build soared. This could be a huge win-win-win (country, seller, buyer). And increased inventory at lower price points promotes a balanced market with price stability for the buyer. As I’m sure you recall, President George W.

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Marketing Investors Investing Housing Market 468