Housing Wire

JULY 27, 2022

Trident, which ceased doing business in 2021, will have to contract with a lender to open offices in minority areas and conduct outreach. It must also contract with a lender to administer $18.4 The complaint alleged that 64 of Trident’s 68 loan officers in Philadelphia from 2015 to 2019 were white.

Loan Officers 417

Loan Officers Mortgage Law Contracts 417

Housing Wire

JULY 6, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 38% 2023: 33% 2022: 32% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. With more sellers who are buyers, we have a tad more demand this year. Last week, we returned close to recent lows.

Housing Market 465

Housing Market Mortgage Inventory Marketing 465

Housing Wire

JANUARY 4, 2025

Our weekly pending contract data has shown year-over-year growth for some time now, even with elevated mortgage rates. Weekly pending sales The latest weekly pending contract data from Altos Research offers critical insights into real-time trends in housing demand. Has the spring home-buying season already begun?

New Listings 492

New Listings Inventory Contracts Mortgage 492

Housing Wire

OCTOBER 28, 2024

Durkin joined Douglas Elliman in 2015, becoming chief operating officer in 2016 and president in 2017. The Alexanders’ firm, Official Partners , is now brokered with Side and is currently facing a lawsuit from Side that deals with an alleged breach of their contract.

Brokerage 340

Brokerage Realty Contracts Investors 340

Housing Wire

JUNE 29, 2024

2015 81,875 2016 80,293 2017 84,293 2018 98,972 2019 87,278 Now, let me show you what stressed sellers’ data looks like. Here are the price-cut percentages for last week over the previous few years: 2024: 38% 2023: 32% 2022: 31% Pending sales Below is our weekly pending contract data year-over-year to show real-time demand.

New Listings 380

New Listings Inventory Contracts Sellers 380

Housing Wire

NOVEMBER 30, 2024

Weekly pending sales The weekly pending contract data from Altos Research gives us an extraordinary glimpse into real-time housing demand. It’s encouraging to see pending contracts holding up year over year, even though home prices and mortgage rates have been higher recently. Weekly inventory change (Nov.

Mortgage 503

Mortgage Inventory New Listings Contracts 503

Housing Wire

AUGUST 22, 2024

I could always show it and then negotiate up the BBC in the contract but figured, why go through the hassle when we have three other great listings paying 2.5-4%. Please tell your sellers for me,” one text cited in the complaint stated.

Realtors 482

Realtors Buyers Brokerage Real Estate 482

Housing Wire

JULY 20, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 34% 2022: 35% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Compared to the purchase application data, these are live weekly contracts, where purchase apps data looks out 30-90 days.

Inventory 521

Inventory New Listings Contracts Mortgage 521

Housing Wire

JUNE 15, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 36% 2023: 31% 2022: 27% Pending sales Below is our weekly pending contract data on a year-over-year basis to show demand in real time. As most sellers are buyers, seeing more sellers listing their homes has been good.

Mortgage 471

Mortgage Inventory Marketing New Listings 471

Appraisal Buzz

OCTOBER 4, 2021

Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. MCLEAN, Va. for those in White tracts, leading to a gap of 5.2%.

Valuation 370

Valuation Appraisal Contracts Finance 370

Housing Wire

JUNE 8, 2024

Here are the price cut percentages for last week over the previous few years: 2024: 36% 2023: 31% 2022: 26% Pending sales One of the new data lines we will start incorporating in the tracker is Altos’ pending contract data — this will give people a better idea of how future sales will go.

Mortgage 491

Mortgage Inventory New Listings Contracts 491

Housing Wire

SEPTEMBER 27, 2023

That is Maxwell’s second acquisition since its inception in 2015. According to Paasonen, when the housing market is contracting, Maxwell is doubling down on its origination infrastructure to become a “one-stop shop for lenders.” The financial terms of the transaction have not been disclosed.

Lending 401

Lending Technology Loan Officers Clients 401

Housing Wire

FEBRUARY 25, 2022

The Pontiac-based wholesale lender filed two lawsuits on Wednesday in Michigan federal court accusing broker partners of breach of contract for originating mortgages to its competitors. A warranty in the addendum said that if brokers submitted loans to Rocket or Fairway, it would constitute a breach of contract.

Contracts 367

Contracts Brokerage Investing Mortgage 367

Housing Wire

APRIL 18, 2024

She also included allegations of breach of contract, misappropriation of likeness and tortious interference with prospective contracts. In a lawsuit filed in late February in New Jersey, she accused G-Rate, Joseph Moschella and Jon Lamkin of violating New Jersey laws regarding discrimination, equal pay and unfair competition.

Loan Officers 422

Loan Officers Human Resources Contracts Mortgage 422

Housing Wire

DECEMBER 21, 2024

Despite this, we had positive data on existing home sales , purchase applications, and our weekly pending contract figures. Weekly pending sales The latest weekly pending contract data from Altos Research offers an exciting glimpse into the real-time dynamics of housing demand. Weekly inventory change (Dec.

Housing Market 436

Housing Market Marketing Inventory New Listings 436

Housing Wire

AUGUST 24, 2024

The last time we saw this kind of effect was when mortgage lenders had to start incorporating TRID in 2015 — it created a one-month crash in existing home sales because it just took a bit longer to close a deal. The following month, those sales rebounded as everyone finds a rhythm in how to operate. Weekly inventory change (Aug.

Inventory 412

Inventory New Listings Sellers Mortgage 412

Housing Wire

NOVEMBER 3, 2023

Change accused Levine of committing fraud and breaching his contract with the firm to advance his scheme to extort Change and its principals for over $10 million. In 2015, Levine’s former employer, TPG Global, also sued him for taking confidential documents and distributing them to media outlets after being denied a promotion.

Lending 381

Lending Finance Legal Contracts 381

Housing Wire

NOVEMBER 9, 2022

The seasonally adjusted purchase index increased 1% from the prior week, the first rise after six weeks of declines, but remained close to 2015 lows, said the MBA. The survey, conducted weekly since 1990, covers 75% of all U.S. retail residential mortgage applications. The index dropped 41.4% compared to a year ago.

Mortgage 365

Mortgage Retail Contracts 365

Housing Wire

FEBRUARY 23, 2024

Alleged promises by Ginnie Mae That contention, however, does “nothing to undermine TCB’s claim that Ginnie Mae lacked statutory authority to extinguish TCB’s interest in its collateral, which was not only separate from the servicing rights but also subject to no contract between TCB and Ginnie Mae,” the filing reads.

Government 343

Government Contracts Finance Lending 343

Housing Wire

JUNE 22, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 37% 2023: 32% 2022: 29% Pending sales Below is our weekly pending contract data year-over-year to show real-time demand. This contract data will grow if mortgage rates head lower and stay lower.

Mortgage 396

Mortgage Inventory New Listings Contracts 396

Housing Wire

MAY 1, 2024

Barton added that since 2015, Zillow has shrunk its Premier Agent partner base by roughly 60%, while increased its Premier Agent revenue by more than 2.5

Real Estate 370

Real Estate Agents Contracts Real Estate Agent 370

Housing Wire

DECEMBER 14, 2024

Additionally, our pending contracts are still reflecting double-digit year-over-year growth. Weekly pending sales The weekly pending contract data from Altos Research gives us a great peek into real-time housing demand. Lets look at this weeks Tracker data to see if this trend can continue for the rest of 2024.

Mortgage 433

Mortgage Inventory New Listings Contracts 433

Housing Wire

OCTOBER 26, 2022

Meanwhile, the seasonally adjusted purchase index declined 2% from a week earlier, hitting its slowest pace since 2015, and down 42% from this time last year. The refinance index was essentially unchanged, increasing marginally by 0.1% from the week prior, but was 86% lower than the same week one year ago.

Mortgage 311

Mortgage Retail Contracts 311

Housing Wire

AUGUST 17, 2024

2023: 36% 2022: 39% Weekly pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Weekly inventory change (Aug. 9-August 16): Inventory grew from 692,752 to 698,473 The same week last year (Aug.11-Aug We are only showing an pinch of growth year over year.

Inventory 510

Inventory Mortgage New Listings Contracts 510

Housing Wire

JUNE 6, 2023

Mid Valley, which started doing business with UWM in June 2015, sent at least 62 mortgages to Rocket and Fairway, the lawsuit claims. Mat Ishbia , UWM president and CEO, said in a statement, “It’s very unfortunate to see a company like Mid Valley breach their contract, but we’re going to continue to do what’s right for the broker community.”

Brokerage 317

Brokerage Contracts Legal Business 317

Housing Wire

AUGUST 4, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 35% 2022: 38% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Weekly inventory change (July 26-Aug. 2): Inventory grew from 677,246 to 683,728 The same week last year (July 27-Aug.

Mortgage 498

Mortgage Inventory New Listings Housing Market 498

Housing Wire

SEPTEMBER 15, 2024

2023: 37% 2022: 41% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Sept. 13): Inventory rose from 703,646 to 713,660 The same week last year (Sept. Since most sellers are buyers, this data must return to normal before seeing real, long-lasting sales growth.

Mortgage 517

Mortgage Inventory New Listings Retail 517

Portland Appraisal Blog

DECEMBER 24, 2024

PEARL DISTRICT SUMMARY STATISTICS Taking the 35,000-foot view, we can see the average yearly prices have been steadily declining since 2016: Average prices this year are essentially the same as they were in 2015. The main reason for this decline is due to a couple of large high-rise condominium buildings being completed in 2016 and 2018. (We’ll

Marketing 88

Marketing Advertising Appraisal Inventory 88

Housing Wire

OCTOBER 19, 2024

We have had three weeks of positive year-over-year growth in both purchase application data and weekly pending contract data, with last week showing a noticeable jump from last year. Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Let’s look at this week’s numbers.

Inventory 457

Inventory New Listings Mortgage Contracts 457

Housing Wire

MARCH 10, 2023

Our previous best year for HELOCs was 2015, and that was about $320 million,” he added. ATTOM , a real estate data provider, reports, however, that the “severe contraction across the lending industry in the fourth quarter of 2022 even hit HELOCs” in terms of origination volume. Toohig said Raymond James finished the year with some $1.1

Housing Market 352

Housing Market Marketing Contracts Lending 352

Housing Wire

SEPTEMBER 7, 2024

2023: 36% 2022: 40% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Aug. 6): Inventory fell from 704,335 to 703,646 The same week last year (Sept. Even though 2024 will be the second lowest year ever, it’s still a positive that we had growth this year.

Mortgage 525

Mortgage Inventory New Listings Marketing 525

Housing Wire

MAY 18, 2024

The moves haven’t been significant and our weekly pending contracts data picked up this week. I usually wouldn’t care too much about this as its a data line that can be volatile week to week but now it’s been three weeks. But, we need to see more growth in new listings data just to grow from 2023 levels.

New Listings 456

New Listings Inventory Mortgage Contracts 456

Housing Wire

SEPTEMBER 1, 2024

25 -Sept 1): Inventory rose from 503,924 to 509,562 The all-time inventory bottom was in 2022 at 240,497 The yearly inventory peak for 2024 was last week at 704,744 For some context, active listings for this week in 2015 were 1,204,810 New listings data New listing data is experiencing its traditional seasonal decline.

Inventory 506

Inventory Mortgage New Listings Housing Market 506

Housing Wire

APRIL 13, 2024

We saw an excellent rebound in our pending contracts data last week and the inventory growth data from week to week. I am a big fan of the inventory growing year over year based on new listing data, and this is a big plus for the housing market. Here is the price-cut percentage for last week over the last several years: 2024: 32.1%

Inventory 444

Inventory Mortgage New Listings Retail 444

Housing Wire

SEPTEMBER 22, 2024

2023: 37% 2022: 41% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Sept. 20): Inventory rose from 713,660 to 725,249 The same week last year (Sept. Since most sellers are buyers, this data must return to normal before seeing real, long-lasting sales growth.

Mortgage 497

Mortgage Inventory New Listings Contracts 497

Housing Wire

OCTOBER 26, 2024

27): Inventory rose from 554,350 to 562,556 The all-time inventory bottom was in 2022 at 240,497 The yearly inventory peak for 2024 so far is 739,434 For some context, active listings for this week in 2015 were 1,168,936 Price-cut percentage In an average year, one-third of all homes take a price cut — this is standard housing activity.

Inventory 494

Inventory Sellers New Listings Mortgage 494

Housing Wire

OCTOBER 5, 2024

Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. The 12 weeks of positive data both came with mortgage rates headed toward 6%. We’ll see what happens with the noticeable rise in rates over the last several weeks. Weekly inventory change (Sept.

Mortgage 482

Mortgage Inventory New Listings Retail 482