Housing Wire

APRIL 11, 2022

On top of all that, since inventory is at all-time lows, it’s been harder and harder for first-time homebuyers to win some bids because they don’t have more money to bring into the bidding process. Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed.

Inventory 418

Inventory Property Taxes Mortgage Insurance 418

Housing Wire

AUGUST 24, 2023

At today’s rate, the monthly cost to purchase a home totals about $2,400, not including property taxes and insurance, a 17% increase from a year ago. Home sales have been tracking below last year’s levels and are also more than 20% below 2019 totals, noted Bright MLS Chief Economist Lisa Sturtevant.

Mortgage 370

Mortgage Property Taxes Investors Buyers 370

Housing Wire

MAY 2, 2022

At over 5%, mortgage rates are now the highest they have been since 2010. However, inventory of for-sale homes for sale continued to lag in prior years, and despite posting some seasonal increase, barely offered relief for frantic home buyers.

Housing Market 397

Housing Market Marketing Buyers Inventory 397

Housing Wire

OCTOBER 16, 2023

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.

Agents 435

Agents Buyers Sellers Inventory 435

Housing Wire

OCTOBER 1, 2021

Since 2010, around 10% of borrowers with more than 120 days in delinquency were referred to foreclosure, regardless of their equity. in August, twice the historical monthly appreciation, due to low inventory levels. Yanling Mayer, CoreLogic ’s economist, estimates that more than 1.2 during the Great Recession.

Mortgage 305

Mortgage Insurance Government Inventory 305

Appraisal Buzz

JUNE 14, 2024

As a surge in new multifamily rental units has slowed down rent growth, single-family construction is starting to lift for-sale inventories. Having previously worked at the Center in the 1990s, Chris rejoined the Center in 2010 from Abt Associates, to serve as the Director of Research.

Development 221

Development Government Project Management Design 221

Miller Samuel

FEBRUARY 12, 2019

Overall inventory is up by about 17%, with a significant amount of supply coming from the studio and 1-bedroom market. Studio inventory is up 21% percent. The push for fewer mandatory appraisals isn’t the only thing that has hurt the appraisal industry since the Dodd Frank Act was passed in 2010.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Appraisal Buzz

AUGUST 19, 2024

He served in roles prosecuting and defending foreclosures, representing debtors in bankruptcy, managing residential and commercial real estate closings, writing title insurance, and taking on homeowners associations. Since 2013, he has served Carrington Mortgage Services as a corporate representative in foreclosure and corporate lawsuits.

Real Estate 221

Real Estate Legal Development Investors 221

Miller Samuel

MARCH 19, 2019

Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices. As evidenced by the 2010 census data in Wikipedia, there is a significant population difference between New York City and Buffalo.

Real Estate 370

Real Estate Law Development Investors 370

Lamacchia Realty

JANUARY 30, 2024

Unlike what the Northeast experienced, South Florida inventory is up over 2022 and the second half of 2021. Inventory has risen year over year, contrary to the lows that the Northeast has seen. Condo sales are at the lowest point since 2010. And some are not able to sustain the rising HOA fees and insurance rates.

HOA 67

HOA Inventory Buyers Contracts 67

Appraisal Today

JUNE 14, 2024

Likewise, HUD will not issue FHA mortgage insurance on a pre-1976 mobile home. Click here = 2024 Annual E and O Insurance Update – Claims, Payment Options, Lawsuits, etc. Check with your E&O insurance broker for options See what you can work out financially, such as monthly payments.

Appraisal 81

Appraisal Contracts Sellers Insurance 81

Will Springer Realtor

DECEMBER 19, 2023

We experienced yet another unusual year for residential real estate – high interest rates, leading to affordability challenges amid low inventory. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Listing Spark

DECEMBER 15, 2022

It usually involves wrapping the existing mortgage and obtaining title insurance from a title company. When doing a wrap, the hardest part is getting insurance in order to satisfy due on sale calls. If you’re doing a wrap, the number one thing is insurance. Key takeaways. [00:03:41]

Finance 36

Finance Investing Real Estate Lending 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. between 2010 and 2020 to edge out Denver (22.9%) and Portland, Ore. Inventory remains a big concern. months of single-family-home inventory in King County and on the Eastside, and 0.5 There are 0.4

Buyers 36

Buyers Inventory Law Development 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. months’ inventory for all homes on the market and in the single-family category. months (or 40 days) worth of inventory is on the market. months’ inventory. Condo inventory for King County now stands at 2.0

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. in 2010, the largest decline of any state. in September.

Law 36

Law Inventory Real Estate Government 36

Houston Properties

JANUARY 13, 2021

On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps. How Is My Neighborhood Doing?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Buzz

MARCH 28, 2025

Russell is VP of Post-Sale Activities in Default Servicing at Carrington Mortgage Services, and leads Carringtons efforts to manage default inventory, as well as reduce enterprise risk factors. The firm has won several performance awards over the years and takes pride in becoming Fannie Mae retained counsel in 2010 (until the program ended).

Law 195

Law Legal Marketing Lending 195

Movoto

OCTOBER 31, 2024

And inventory goes down. In the winter months, generally we see more homes go on the market than come off and inventory goes up. And so nationally, all of a sudden, we’re in this situation where housing inventory is starting to meaningfully increase. 9:55: And so inventory never caught up.

Housing Market 36

Housing Market Marketing Real Estate Insurance 36

Will Springer Realtor

DECEMBER 17, 2024

This year saw sharply expanding inventory, up 29% year-on-year nationally (through October; latest data) and 26% YoY across King County (November 2023-November 2024). Economists believe this will likely lead to only a small increase in inventory at the start of 2025 but a welcome boost by spring.

Real Estate 68

Real Estate Buyers Sellers Development 68