Housing Wire

JULY 26, 2021

The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Since 2010, Bank of America , Wells Fargo , and JPMorgan Chase have all paid multi-million-dollar settlements in response to U.S. Justice Department charges of fair-lending violations. The housing market is red hot.

Mortgage 514

Mortgage Lending Real Estate Agent Government 514

Housing Wire

DECEMBER 29, 2022

This now goes into a subject matter that is a striking difference between 2022 versus 2008: Inventory and Credit. Housing inventory. Total housing inventory today — using the NAR data — stands at 1.14 We now have real credit risk, as prices are falling from the peak in some areas; late-cycle lending risk is always traditional.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Housing Wire

SEPTEMBER 30, 2020

A report by the Latino Donor Collaborative found that Latino GDP grew 72 percent faster than non-Latino GDP over the entire period from 2010 to 2018. in August year-over-year, however Fannie Mae economists expect single-family housing starts to rise to 933,000 this year to combat inventory pressures.

Inventory 497

Inventory Real Estate Realtors Lending 497

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Housing inventory issue with no booming demand. Nor can we ever have a credit sales boom again with lending standards back to normal. million listings.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

MARCH 31, 2022

Especially in a year when inventory has crashed to all-time lows and demand for those houses is still so high. This got smashed in two years, and inventory levels broke to all-time lows this year. The speculative debt boom we saw from 2002-to 2005 can’t be repeated with the current lending standards in place.

Housing Market 532

Housing Market Inventory Lending Marketing 532

Housing Wire

APRIL 24, 2023

million, the existing home sales forecast represents the slowest annual pace since 2010, according to the ESR Group. New home construction is expected to pull back later in 2023 – consistent with Fannie Mae’s forecasted recession – which is due, at least in part, to tighter credit availability for construction lending.

Construction 397

Construction Lending Inventory Mortgage 397

Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. Another reason why distressed sales are likely low, is that lending standards remain tight. It is difficult to obtain a mortgage today.

Realtors 418

Realtors Housing Market Marketing Buyers 418

Housing Wire

JULY 25, 2023

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? HousingWire: What do lending executives need to understand when it comes to supporting top producers? MW: As far as the inventory levels go, this is something that I’ve been focusing on and specializing in for years.

Real Estate Agent 356

Real Estate Agent Mortgage Real Estate Training 356

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

JUNE 15, 2022

In a tight housing market with a shortage of inventory and soaring rates, many homebuyers are opting for ARMs, which carry lower rates for an initial period of fixed interest and amortize over a 30-year term. . Not a one-size fits all”.

Mortgage 370

Mortgage Loan Officers Bracketing Investors 370

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

Will Springer Realtor

FEBRUARY 13, 2024

Total inventory remains low, however, keeping prices higher on an annual basis. Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). months’ inventory, up from 1.4 months’ inventory (2.0 Single-family inventory rose to 1.6 King had 1.8

New Listings 56

New Listings Buyers Inventory Lending 56

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

Finance 68

Finance Inventory Construction Buyers 68

Listing Spark

DECEMBER 15, 2022

Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. Where can you find good sources of lending. “I think what people are doing right now is they’re keeping inventory down.

Finance 36

Finance Investing Real Estate Lending 36

Will Springer Realtor

OCTOBER 10, 2023

Total sales dropped 16% (1823) since August and 22% year-on-year (YoY) for the entire county – the fewest sales for a September since 2010 (1488). The latest number is considered unaffordable by common lending standards, which call for a 28% debt-to-income ratio and it marks the highest level since 2007. Single-family inventory is 1.8

Buyers 65

Buyers Inventory Sellers Housing Market 65

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

Will Springer Realtor

DECEMBER 12, 2023

King County’s 1474 monthly home sales is the lowest for any November since 2010 (1331) – in the middle of the housing crisis. Months of inventory for single-family homes was flat at 1.7 (or Inventory was at 1.9 Most eye-popping, inventory for condos surged to “buyer market” levels in November. units, a 13-year low.

Housing Market 43

Housing Market Marketing New Listings Buyers 43

Appraisal Today

JUNE 10, 2022

The Inevitable Cyclicality of Mortgage Lending. ” The most popular reason for respondents rebuffing the bubble thesis is strong market fundamentals, including demographics, scarce inventory and shifting housing preferences. Loan applications are way down, the lowest in 22 years. What was your business like before the pandemic?

Appraisal 52

Appraisal Contracts Business Mortgage 52

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 Single-family inventory narrowed to 1.7 Inventory of county condos rose to 2.5 in September.

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

FEBRUARY 8, 2023

The good news is that people still want to live downtown, with the population at about 95K, a 67% increase since 2010 – quite remarkable growth in a dozen years. There is about 9 months’ available supply (down from 13 the month previous), meaning it would take that long for all existing inventory to sell before needing to be replenished.

Retail 36

Retail Design Development Landlords 36

Will Springer Realtor

MAY 9, 2022

Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55). That was within the 28% ceiling considered affordable by common lending standards. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. MAY HOUSING UPDATE. a month ago.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. months (or 40 days) worth of inventory is on the market.

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Movoto

NOVEMBER 4, 2024

From the latest mortgage rate trends to the outlook for housing inventory, Bloomberg columnist, Conor Sen, provides expert commentary on what’s happening now—and what to expect in the coming months. And so one way to do that is wider spreads, another way is just to not lend to sort of more marginal borrowers. We’ll have to see.

Housing Market 36

Housing Market Inventory Real Estate Marketing 36