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California Association of Realtors appoints Phil Hawkins as CEO

Housing Wire

After more than three months of searching, the California Association of Realtors (CAR) has found its new CEO. Hawkins is currently the head of the Pacific West Association of Realtors (PWR), which is one the the largest local Realtor associations in California. I am honored to be named C.A.R.’s

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Amy Wallick Sworn in by Massachusetts Association of REALTORS® as 2024 President

Lamacchia Realty

October 26, 2023 – At the annual 2024 Massachusetts Association of REALTORS® Installation of Officers & Directors held at the Danversport Yacht Club on Thursday, October 26 th , Amy Wallick was sworn in as MAR President. This experience has provided her with a comprehensive grasp of the Association from multiple perspectives.

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loanDepot adds Andrews, Wilkish to its sales leadership ranks

Housing Wire

Andrews also previously worked in business development, sales and marketing roles at Hometown Lenders , Finance of America , Veristone Capital , Yarrow Bay Mortgage and Merit Financial. In his new position with loanDepot, he will be responsible for driving market share growth in Seattle and the surrounding areas. “As

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Amy Wallick Sworn in as Massachusetts Association of REALTORS® 2023 President-Elect

Lamacchia Realty

December 8, 2022 – The Massachusetts Association of REALTORS® Board of Directors have officially sworn in Amy Wallick as the 2023 President-Elect. Amy, a REALTOR® out of our Beverly branch office , will be MAR President in 2024. “I Amy Wallick. I am so proud of Amy. Congrats Amy!”. Anthony Lamacchia. Broker/Owner.

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Daren Blomquist’s 2023 housing outlook

Housing Wire

These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. . The 29% average purchase discount was also well above the pre-pandemic average of 22% between 2015 and 2019.

Retail 467
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The mortgage rate lock-in didn’t start in 2022

Housing Wire

The National Association of Realtors , via its Seasonally Adjusted Annual Rate of Existing Home Sales series, reported that the peak home sales volume of 6.6 Researchers developed a framework for estimating the number of home sales in 2024 based on the current levels for mortgage rates.

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Department of Housing and Urban Development Announces FHA Insurance Premium Reduction

Lamacchia Realty

The Department of Housing and Urban Development announced the reduction of the FHA Mortgage Insurance Premium (MIP) today. The FHA cut the annual mortgage insurance premium fees in 2015 from 1.35% to 0.85% for LTV >95%. The reduction of 30 basis points makes it less expensive for a borrower to own a home. to $176.92.