Housing Wire

FEBRUARY 21, 2025

in 2024, below the 2010-2020 average of 3.5% Since February 2020, single-family rents have climbed 30%, with some markets particularly in Florida seeing even steeper increases. Miami , for instance, has experienced a staggering 52% jump over the past four years, CoreLogic added. Single-family rent growth averaged 2.6%

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Housing Wire

JANUARY 7, 2025

NetCredit referenced a recent report from Arizona State University that highlighted a 72% increase in statewide rent prices between 2010 and 2022, alongside a home-price increase of 57% between 2019 and 2023. Arizona also had three cities with little to no affordable housing options for average-income buyers.

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Housing Wire

DECEMBER 12, 2024

One of these includes a 12-year stint as CEO of the San Antonio Board of Realtors from 1997 to 2010, according to his Linkedin profile. Kessler also held leadership roles across several other Texas-based Realtor associations.

Realtors 369

Realtors Real Estate Clients Development 369

Housing Wire

AUGUST 3, 2021

The previous economic expansion, from 2010-2019, wasn’t a housing bubble. Because of this I am calling this the unhealthiest housing market post-2010. When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one.

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Housing Market Marketing Mortgage Real Estate 545

Housing Wire

MAY 8, 2024

After 2010, qualified mortgage laws were in place, meaning everyone getting a mortgage has to be able to repay the loan. This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. This matters because inventory was already heading toward all-time lows before COVID-19.

Inventory 518

Inventory New Listings Law Sellers 518

Housing Wire

NOVEMBER 9, 2021

Post-2010, lending standards in America became normal again, and while I still believe they’re very liberal, they’re sane. What happened post-2010 is that exotic loan debt structures that don’t provide long-term fixed debt products left the system. I can’t emphasize enough how critical this aspect is to the American economy.

Mortgage 529

Mortgage Lending Housing Market Marketing 529

Appraisal Buzz

MARCH 17, 2025

The purpose of the expanded historical series, which runs from 2004 to 2010, is to give the current series historical perspective by illustrating how credit availability has changed over the past ten years, including the housing crisis and the recession that followed.

Buyers 221

Buyers Mortgage Government Lending 221

Appraisal Buzz

MARCH 4, 2025

in 2010 following the Great Recession. In 2023, the cost-burden rate for this group reached 74.2%, marking an increase of 5.4 percentage points over the last four years. This is the highest level recorded in over 20 years, surpassing the previous peak of 71.4%

Property Taxes 360

Property Taxes Bracketing Insurance Mortgage 360

Housing Wire

MARCH 20, 2025

average from 2010 to 2020. In January, prices for high-end rentals were 3.2% higher than a year ago, compared to December’s growth of 2.6%. Each of these numbers, however, are below the 3.5% The luxury market as a whole is poised for success in 2025, according other experts and data providers.

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Luxury Properties Housing Market Inventory Marketing 290

Housing Wire

SEPTEMBER 21, 2021

million new residents since 2010, with 3.7 Additionally, the number of suburban renters grew by 22% between 2010 and 2019, as compared to a 3% increase in the number of suburban homeowners during the same time period. American suburbs surrounding the nation’s 50 largest metropolitan areas gained a total of 4.7 Census Bureau data.

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Marketing Housing Market Real Estate 488

Housing Wire

JUNE 14, 2021

In addition to the bond market yield action, responsible lending post-2010 gave me confidence that forbearance was not going to be the negative issue that many had hoped for. While lending standards were never tight in American in the 21st century, they were very responsible post-2010.

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Lending Marketing Housing Market 521

Housing Wire

FEBRUARY 8, 2024

Bankruptcies and foreclosures After 2010, the qualified mortgage laws came into play and all the exotic loan debt structures in the system, especially in the run-up in demand from 2002 to 2005, disappeared. Renters, younger renter households and those with lower FICO scores are the ones showing credit stress today.

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Legal Mortgage Law Marketing 498

Appraisal Buzz

NOVEMBER 19, 2024

Richardson Economic Consulting LLC , “Socioeconomic Consequences,” found that a key factor contributing to the decrease of affordable mortgages for low- and moderate-income families is the 2010 Dodd-Frank Act , which made small-dollar mortgages relatively more expensive to process than larger loans.

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Lending Mortgage Investors Development 418

Housing Wire

MARCH 9, 2022

From 2010 to 2020, middle-income households gained $2.1 NAR’s Housing Wealth Gains for the Rising Middle-Class Markets study examined the distribution of housing wealth between 2010 and 2020 across income groups in 917 metropolitan and micropolitan areas. in 2010 to 29.8% In 2020, just 27.7% 10 years prior.

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Home Value Realtors Marketing Inventory 468

Housing Wire

JUNE 12, 2024

In 2010, CoreLogic’s national data in the fourth quarter revealed that a shocking 23.1% However, the situation has significantly improved since then, thanks to the Qualified Mortgage rule (QM) that was implemented in 2010. Most homeowners aren’t in financial distress as their cash flow has been solid since 2010, thanks to that QM rule.

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Housing Market Mortgage Law Government 505

Housing Wire

NOVEMBER 12, 2024

Hitt began his career at Engel & Völkers Americas in 2010 and has served as the firm’s CEO and president since 2013. The brokerage firm announced Tuesday that Hitt will be stepping down from his leadership roles at the end of 2024 in order to “focus on personal endeavors.”

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Brokerage Realty Business Development 283

Housing Wire

JULY 26, 2024

“The same problem is occurring nationally as well, as the number of aged investigations has steadily increased from 4,494 in 2010 to 6,145 in 2022. Despite the increase in cases, the number of investigators tasked with resolving housing discrimination claims has decreased from 622 in 2010 to 598 in 2024.”

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Tenants Law Design Development 468

Housing Wire

FEBRUARY 3, 2021

If this happens, it would prove a dramatic contrast to that of the financial crisis, in which lenders tightened credit standards from 2007 through 2010, said Curt Long, National Association of Federally-Insured Credit Unions chief economist and vice president of research.

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Lending Mortgage Insurance Housing Market 545

Appraisal Buzz

NOVEMBER 14, 2024

It’s part of the CFPB’s efforts to finally activate Section 1033 of the Consumer Financial Protection Act, a dormant legal authority enacted by Congress in 2010. This rule moves the United States closer to having a competitive, safe, secure, and reliable “open banking” system.

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Advertising Legal Development Marketing 411

Housing Wire

MAY 15, 2024

From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. The proposed change would be logistically difficult,” Yedinak reported in May 2010. Massachusetts Rep.

Logistics 458

Logistics Mortgage Law Business 458

Housing Wire

JANUARY 31, 2024

Even during the downturn of 2006-2010, this factor only hit a low of 3.84% (2010). Over the past 40+ years we have tracked this figure, the average percentage of all households (renter and owner-occupied) that purchased a home each year was 4.78% and the median was 4.64%. The factor for 2023 was 3.58%.

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Housing Market Marketing Inventory Business 475

Housing Wire

MARCH 19, 2025

Homes built before 1980 saw average improvement spending that was 24% higher than for homes built since 2010, and maintenance spending was 76% higher. At the same time, the nations housing stock is aging, with a median age of 44 years in 2023 a sign of needed reinvestment.

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Home Improvement Modernization Investing Insurance 274

Housing Wire

APRIL 2, 2025

Scarpati has served at FOA since 2010 in various roles, and he is the first occupant of this new C-suite executive position. Top-five reverse mortgage industry lender Finance of America (FOA) announced on Wednesday that it has promoted Jonathan Scarpati to the role of chief production officer.

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Modernization Retail Finance Design 269

Housing Wire

OCTOBER 4, 2021

A common theme in the interviews I have done in 2021 has been that this is the unhealthiest housing market since 2010 — not because we have a credit boom or a bubble forming, but because we have forced bidding on too few homes. This will be bullish for housing because the price gains we have been seeing are extremely unhealthy.

Mortgage 529

Mortgage Housing Market Marketing 529

Housing Wire

DECEMBER 11, 2020

average during the 2010 to 2019 time period. This should ensure that initial rates on ARMs will remain low, and we also expect 30-year fixed-rate loans to remain below 3% during early 2021 and average about 3.1% during the next two years. This would be a percentage point lower than the 4.1%

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Housing Market Marketing Contracts Mortgage 545

Housing Wire

DECEMBER 1, 2021

The company claims on its website that the total value of homes it has appraised is over $517 billion since 2010. Also, its total value of transactions closed and recorded since 2010 is over $436 billion. The acquired company will operate as a standalone division.

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Valuation Technology Inspection Investing 435

Housing Wire

APRIL 21, 2024

Since 2010, she has served as the CEO of CAR’s for-profit subsidiary Real Estate Business Services. “It Ferrier has been part of CAR for 37 years, first serving as vice president and assistant general counsel for CAR, before serving as general counsel of CAR’s business subsidiaries.

Realtors 497

Realtors Real Estate Business Agents 497

Housing Wire

NOVEMBER 22, 2024

occupied — one of the lowest numbers RealPage has recorded since 2010. Whitaker said that data should drive Austin’s rental market story. Occupancy data, for one, shows Austin at 92.5%

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Appraisal Buzz

SEPTEMBER 13, 2024

The expanded historical series, which spans 2004 to 2010, was developed to give the current series historical context by illuminating changes in loan availability during the previous ten years, including the housing crisis and recession that followed. The expanded historical series from 2004 to 2010 does not include updated methodology.

Mortgage 414

Mortgage Government Lending Construction 414

Housing Wire

AUGUST 21, 2020

Serious delinquencies were up 20% from June and are now the highest they’ve been since early 2010,” Black Knight said. “In There were 2.25 In total, serious delinquencies are now 1.8 million over pre-pandemic levels.”.

Mortgage 545

Mortgage Government 545

Housing Wire

NOVEMBER 8, 2023

The answer is no, and for that, we must thank the 2010 qualified mortgage (QM) rule, which has high standards for borrower credit scores and the ability to repay the loan. As we can see in the chart below, 2005-2008 was awful, but from 2010-2023, the credit data looks awesome compared to the housing bubble crash years.

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Housing Market Legal Marketing Mortgage 418

Housing Wire

MARCH 15, 2021

If we dig a little deeper into homeowners’ balance sheets, we see that since 2010, cash flow and loan quality of mortgage holders were excellent. This is an excellent article for those interested in diving into the minutiae of the 2020 refinance market. The rest of this content is for HW+ members. Join today with an HW+ Membership !

Lending 543

Lending Housing Market Mortgage Marketing 543

Housing Wire

APRIL 11, 2022

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010.

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Inventory Housing Market Marketing Modernization 514

Housing Wire

OCTOBER 26, 2023

Meanwhile, existing home sales in September fell to their lowest level since 2010, Realtor.com Senior Economic Research Analyst Hannah Jones said in an emailed statement. They dropped below 4 million for the first time since October 2010, she added.

Inventory 435

Inventory Contracts Housing Market Realtors 435

Housing Wire

MARCH 21, 2023

The Federal Reserve also believes this to be the case because of the better credit standards we have in place since 2010. I have stressed that to understand the housing market, you need to understand how credit channels work post-2010. Remember, if you see a forbearance crash bro , hug them, they need it.

Mortgage 511

Mortgage Housing Market Inventory Law 511

Housing Wire

NOVEMBER 22, 2023

New construction starts and permits showed surprising strength in October while existing-home sales slumped to their worst reading since 2010. “This dynamic is reflected in the latest data showing that existing home sales have fallen to a thirteen-year low.”

Mortgage 476

Mortgage Construction Inventory Marketing 476

Housing Wire

SEPTEMBER 14, 2020

This is because after 2010, the loan profiles of mortgage seekers before and during the COVID crisis have been, in a word, excellent– the best loan profiles that I have ever seen in my 24 years of lending experience.

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Mortgage Lending Housing Market Marketing 501