Housing Wire

OCTOBER 11, 2022

As mortgage rates rose more than 90 basis points to finish September at 6.72%, overall rate lock volumes predictably fell sharply – down 10% from August and almost 60% off levels from 2021. “Home prices are pulling back in a growing number of markets, but across the country, affordability remains a challenge,” Happ said.

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Lending Home Value Mortgage Government 397

Housing Wire

JANUARY 16, 2024

In addition to the nearly 30% of empty-nest baby boomers who own large homes and addition 7.5% of baby boomers with a household of three adults or more own three-bedroom-plus homes. This has put a strain on the inventory of three-bedroom-plus homes, making it harder for a millennial to buy one.

Inventory 493

Inventory Home Value Mortgage Buyers 493

Appraisal Buzz

JANUARY 2, 2025

home values had an annual growth of 3.6%a Lisa Sturtevant, Chief Economist at Bright MLS, also commented on the S&P CoreLogic Case-Shiller Home Price Indexs release and had this to say: The S&P CoreLogic Case-Shiller Home Price Index showed that home prices rose again in October. annual return for October.

Inventory 355

Inventory Buyers Home Value Housing Market 355

Empire Appraisal Group

JANUARY 2, 2025

Home Prices Rise 4.3% YoY in Q3 2024 Source: [link] House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth. home prices rose 4.3% housing market has experienced positive annual appreciation each quarter since the start of 2012. WASHINGTON U.S. House prices were up 0.7%

Home Value 78

Home Value Finance Realtors Housing Market 78

Will Springer Realtor

SEPTEMBER 3, 2024

Unless you’re an economist, real estate geek or enjoy feasting on CNBC all day, you probably didn’t know that today’s mortgage rates are below the average figure over the past half-century. The rate for a 30-year conventional mortgage plateaued in May 2000 at 8.64% and held above 8% for 32 weeks. Now, that’s “barely!”

Mortgage 54

Mortgage Buyers Sellers Home Value 54

Empire Appraisal Group

OCTOBER 28, 2021

In the years before 2008, mortgage lenders made subprime loans to borrowers without verified income or adequate down payments while pushing risky loan products. But … home price growth will decelerate in the coming year, experts predict. Stronger mortgage market. mortgages were in forbearance. The short answer?

Inventory 78

Inventory Housing Market Construction Real Estate 78

Cornerstone

MARCH 12, 2021

A prospective home seller is looking at a great opportunity to sell rapidly and at a lucrative price. Low rates may lower a monthly mortgage payment, making now an ideal — and affordable — time to trade up or downsize. If there’s a surge of foreclosures, will home values start to decline?

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Clients Sellers Loan Officers Real Estate 65

PennyMac

DECEMBER 23, 2020

But what does this mean for you and your monthly mortgage payment? If you have a fixed-rate mortgage, your rate stays the same for the life of your loan, regardless of the length of your term (e.g., Consider refinancing if any of the following factors apply to you: Current mortgage rates are at least 0.5% Let’s find out.

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Mortgage Lending Loan Officers Home Value 36

Eppraisal

APRIL 12, 2022

" Home prices are increasing at levels we couldn't even imagine a few years ago. According to the same article, "Last year, home values appreciated an average of 15% across the nation." Gen Z members were born between 1997 to 2012. It's never too early to start preparing to purchase your first home.

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Home Value Real Estate Buyers Realtors 36

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Risk to Home Values.

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Insurance Appraisal Contracts Mortgage 79

Appraisal Today

FEBRUARY 23, 2024

NOTE: Please scroll down to read the other topics in this long blog post on residential fee appraiser testifies at bias hearing, what happens to Fannie complaints, Why I love real estate appraising, unusual homes, mortgage origination stats, etc. == Concrete Chateau Artisan Rising From a Lake in Miami FL Is Available for $21.8M

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Houston Properties

MARCH 23, 2022

Real estate can be an inflation hedge for three reasons: Real estate holds intrinsic value. Fixed-rate mortgages are paid back in “cheaper dollars”. Benefit #1: Real Estate Holds Intrinsic Value. Benefit #2: Fixed Rate Mortgages Paid Back in “Cheaper Dollars”. Houston Home Rental (Avg). Inflation Explained.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Will Springer Realtor

AUGUST 11, 2023

If finding a home isn’t enough of a challenge, affording one can make the purchase experience doubly “exciting.” NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. income can qualify for financing on a median-priced home.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

DECEMBER 8, 2021

GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. The federal guarantors of most consumer mortgages have agreed to raise the borrowing limits on 30-year conforming loans. short of providing homes for purchase to those who want one. >>

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Sellers Marketing Supply Chain Construction 36

Houston Properties

JANUARY 12, 2022

Original Sale: 2012. As home prices increase over time, it lowers the loan value of any mortgage debt. Specially if you’re buying in areas with historically good land value appreciation as the equity on the house rises, but your fixed-rate mortgage payments remain the same. Geo Market Area: Westchase.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Buzz

JULY 5, 2024

The most recent trend followed a pattern that began in early 2022 and has continued to this day where owning a home nationwide has historically required a sizable amount of salaries due to high residential mortgage rates and persistently high property prices. annually and 7.3% The annualized average weekly wage data from the U.S.

Property Taxes 370

Property Taxes Insurance Lending Buyers 370

Housing Wire

NOVEMBER 21, 2024

coast that were impacted by Hurricane Sandy in 2012. Prior to the hurricane, property values in the region were rising “significantly faster than the national median.” Despite the NFIP-aided recovery of structures, market values have not recovered with listed sale prices dropping by approximately 15% at the time of this writing.“

Insurance 370

Insurance Housing Market Buyers Government 370

Housing Wire

MAY 9, 2022

has its high-priced metro areas, our size and diversity mean that our national home price index won’t ever be driven by just two cities. housing market is more tied to mortgage buyers. We are a monster compared to them in population and the majority of homebuyers in America use mortgages. While the U.S.

Housing Market 532

Housing Market Buyers Mortgage Marketing 532

Appraisal Buzz

SEPTEMBER 30, 2024

Since August 2020, when mortgage rates were getting close to a record low, that is the first annual drop. annually, the income required to buy one has decreased due to a sufficient decrease in mortgage rates. Waiting to buy will probably result in a bigger price tag and down payment because home prices also tend to rise over time.

Buyers 397

Buyers Real Estate Agent Real Estate Finance 397