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Buyers and sellers agree: it’s a good time to enter the housing market

Housing Wire

Though prospective buyers revealed slight wariness in September, Fannie Mae reported buyer morale gained 6% in October, with 60% of respondents saying it is a good time to buy a home while those who believe it is a bad time fell to 35%. Compared to this time last year, the HPSI is still down 7.1 million Americans unemployed.

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How 7% mortgage rates will change housing for a decade

Housing Wire

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. 2016 ended with 14% less available inventory than the year before. Thats a lot more would-be home sellers when the time comes. But each year with higher rates means more willing home sellers.

Mortgage 488
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The housing market is now savagely unhealthy

Housing Wire

My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. However, a seller is also a natural homebuyer, unless they’re an investor. You can see why some sellers are stressed now. People who sell need to live somewhere.

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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

Similar to iBuying firm Opendoor , startup Ribbon and a host of other new companies, Accept.inc provides cash to buyers so they can submit a competitive offer, or buy a new property prior to selling their existing home. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

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Profit margins are up for home flips — but there’s a catch

Housing Wire

Attom said that flippers have struggled in comparison to other types of sellers in recent years because they’ve exhibited an “unusual pattern” of timing the market poorly. is down a whopping 26 percentage points compared to its peak in 2016. The typical margin of 30.4%

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Cash-offer giant Flyhomes nabs $150M in Series C round

Housing Wire

If it sells above the set price during that period, the seller keeps the extra. The buyer pays for FlyHomes’ cost of owning the home, but according to the company, that amount is often less than the standard commission rebate that FlyHomes provides to its buyers at closing. billion homes since launching operations in 2016.

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Incenter Lender Services promotes Sara Parrish to COO

Housing Wire

In May 2023, the subsidiary launched a new digital MSR exchange , known as eMSR Exchange, which connects buyers and sellers of co-issue flow offerings online and provides 24/7 pricing. Parrish joined the Incenter group in 2016 through its business CampusDoor, a third-party student and specialty loan origination platform.