Appraisal Buzz

AUGUST 12, 2024

in 2018 to 30.1% Cities with the Largest Changes in Rent-to-Income Ratios The fact that monthly rent has increased since 2018—by precisely 32.6%—may of their total income in rent in 2018. Key Findings: Rent is increasing at a faster pace than income. The national rent-to-income ratio has increased by 2.7% of their income.

Tenants 397

Tenants Appraisal 397

Housing Wire

OCTOBER 4, 2023

The survey found that lenders’ motivation to adopt AI and ML for operational efficiency has increased significantly (73%) compared to 2018 (42%) when Fannie Mae conducted a survey on the same topic. About 22% of surveyed lenders responded they started deploying AI or ML on a limited or trial basis, a jump from only 13% in 2018.

Technology 374

Technology Lending Valuation Mortgage 374

Housing Wire

SEPTEMBER 19, 2023

Ospina, who has worked for the firm since 2018, formerly served as Alterra’s SVP of national production for the last year. Prior to Alterra Home Loans — where Ospina spent five years starting out as a branch manager in 2018 — he was a sales manager at Paramount Residential Mortgage Group and loan originator at MLB Residential Lending.

Retail 423

Retail Lending Mortgage Business 423

Housing Wire

JANUARY 3, 2025

The eight largest wildfires in state history have occurred since 2017, and the worst when measuring the loss of life was the Camp Fire in 2018, which killed 85 people. In explaining the rationale behind the new regulation, the Department of Insurance noted that climate change has made California hotter and drier over the last several decades.

Insurance 501

Insurance Modernization Design Realtors 501

Housing Wire

APRIL 20, 2022

In 2018 when mortgage rates rose, we saw existing home sales trend lower from 5.72 Even though total existing-home sales didn’t do much in 2018 and 2019, we see how higher rates impacted the demand curve. We are between what we saw in 2018 — with a mild response to higher rates — and 2014, where the reaction was much more severe.

Housing Market 499

Housing Market Marketing Inventory Mortgage 499

Housing Wire

DECEMBER 10, 2021

If you look at the 2018 line in the inventory chart, you’ll see that inventory hadn’t yet declined by this time of year in 2018. between April and December, and that cooled the market enough that a little bit of inventory built up during 2018. That being said, keep an eye on rising interest rates.

Housing Market 543

Housing Market Marketing Inventory Sellers 543

Housing Wire

SEPTEMBER 15, 2024

increase 2018: $453,100 — 6.8% That condition was finally met in 2016 when the FHFA increased the conforming limits for the first time in a decade. Here are the increases in FHFA’s conforming loan limit for one-unit loans for the lower 48 states since 2016. 2016: $417,000 2017: $424,100 — 1.7% increase 2019: $484,350 — 6.8%

Mortgage 485

Mortgage 485

Housing Wire

JULY 26, 2022

They also learned their lesson quickly in 2018 as mortgage rates at 5% were too high for construction growth.” Then in 2018, they had a supply spike as mortgage rates reached 5%. Today, new home sales are back to 2018 levels. That makes sense to me; builders missed sales estimates in 2013, 2014, and 2015. percent (±15.0

Construction 514

Construction Housing Market Inventory Marketing 514

George Dell

NOVEMBER 20, 2023

Editor’s Note: This original Gratitude post written by George Dell appeared in The Analogue Blog on November 21, 2018. A lot has transpired in five years. The understatement of the Century!) But our gratitude is stronger than ever after all these years.

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364

Housing Wire

OCTOBER 17, 2024

Founded in 2018, Canopy has its own proprietary technology platform, which propelled it to becoming a HousingWire Tech100 winner in 2023. Open Mortgage shut down its distributed retail channel in August and laid off more than two dozen employees. The company is now focused on third-party originations.

Mortgage 386

Mortgage Retail Loan Officers Technology 386

Housing Wire

AUGUST 19, 2024

Nationwide, 43% of distressed properties sold at auction were in low-income or minority Census tracts, according to an analysis of more than 195,000 properties sold on Auction.com since 2018 and underserved areas data from the FHFA. That number has held steady over time, with 43% of 2023 auction sales in underserved communities.

Renovations 473

Renovations Development Buyers Investors 473

Housing Wire

SEPTEMBER 25, 2024

Negative depictions of Americans ages 50 and older have lessened over a five-year period, with negative sentiment in online media and marketing images dropping from 28% in 2018 to 10% in 2023, according to research published this week by senior advocacy organization AARP.

Advertising 346

Advertising Technology Marketing 346

Housing Wire

JANUARY 6, 2025

The total number of unsold homes on the market to start 2025 is just 18% fewer than at the start of 2018, seven years ago. In 2018, mortgage rates and inventory rose all year. When rates rise and stay high, like in 2018 or the last three years, inventory grows.

Inventory 384

Inventory New Listings Contracts Sellers 384

Housing Wire

MARCH 12, 2024

Financing options While the proportion of Latino buyers who used Federal Housing Administration ( FHA ) loans declined between 2018 and 2022, there may have been an uptick in 2023, according to NAHREP. Latinos have historically relied on low down payment mortgage options for home purchases.

Real Estate Agent 471

Real Estate Agent Real Estate Buyers Realty 471

Appraisal Buzz

JUNE 11, 2024

Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7 Among Freddie Mac’s actions to preserve affordable housing from 2018-2023 include: Purchased more than 500 loans on shared equity homes since launching offerings in 2019.

Finance 390

Finance Real Property Design Lending 390

Housing Wire

JANUARY 17, 2024

A 5% sample of the UAD data was used, including the period between the third quarter of 2018 and the fourth quarter of 2021. of all purchased properties in the period analyzed between 2018 and 2021, despite national house prices growing rapidly. However, time adjustments happened to only 18.5%

Appraisal 406

Appraisal Contracts Finance Real Estate 406

Housing Wire

JANUARY 30, 2024

In its previous five-year plan, from 2018 to 2023, the bank invested $1.75 Regarding the plan governance, the bank will maintain the advisory board created under the 2018 plan, and NCRC will appoint half the members. billion, which was 192% higher than its initial goal.

Investing 348

Investing Mortgage Lending Loan Officers 348

Housing Wire

DECEMBER 15, 2023

Founded in 2003 by Tom Gonser, DocuSign went public in 2018. DocuSign’s platform is widely used among real estate professionals. The San Francisco -based firm allows its users to securely send and sign documents online. It was then valued at $6 billion.

Real Estate 379

Real Estate Technology Marketing Finance 379

Housing Wire

OCTOBER 8, 2024

Redfin also notes that its records contradict Mata’s claims, as the company said there are no records of a Guillermo Mata subscribed to Redfin.com before February 2018 or one that logged on anytime after October 2018, meaning that his claim would be time-barred.

Brokerage 370

Brokerage Law Agents Legal 370

Housing Wire

APRIL 13, 2022

Mortgage rates across all loan types continued an upward trend with the 30-year fixed rate exceeding 5.13% this week in the highest rate since November 2018, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting.

Mortgage 504

Mortgage Retail Housing Market Marketing 504

Housing Wire

JANUARY 14, 2025

Andreessen kicked things off in 2018, leading a $30 million Series A equity and debt round. Divvy earned a spot on HousingWire ‘s 2018 Tech100 list and on Forbes’ fifth annual Fintech 50 in 2020. In 2021, Tiger Global followed, leading a $110 million Series C funding round.

Investors 267

Investors Marketing Housing Market 267

Housing Wire

OCTOBER 5, 2023

He stayed with APR until it was bought by Compass in 2018. Early on, he opened Fox and Carskadon’s Palo Alto office before moving to Alain Pinel Real Estate , where he was a founding sales leader. Once I retired, I missed the interaction with the agents , clients and colleagues from other brokerages,” Gerlach said in a statement.

Brokerage 413

Brokerage Real Estate Agents Clients 413

Housing Wire

MARCH 6, 2024

John joined Newrez in June 2018 as vice president of marketing and was promoted to head of marketing in 2022. “What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company. He is thinking steps ahead in how to reach out to consumers and reach them at their point of need,” John told HousingWire.

Marketing 392

Marketing Loan Officers Retail Lending 392

Housing Wire

FEBRUARY 12, 2024

The Raumakers began their career in real estate in 2016 at Keller Williams before joining eXp Realty in 2018 and launching The Home Squad. “In When we add agents from both traditional and non-traditional brokerages, it’s validating and a testament to how our model is working and unlike any other.” In SERHANT.,

Real Estate 407

Real Estate Marketing Brokerage Realty 407

Housing Wire

MARCH 11, 2024

Brohm and his team have been with eXp since 2018. Salt Lake City-based agent and team leader Dustin Brohm announced Monday that he and his teamerage , the Massive Agent Team , are leaving eXp Realty to join Real.

Agents 461

Agents Brokerage Realty Real Estate 461

Housing Wire

JULY 2, 2024

Its other notable acquisitions in recent years include reverse mortgage-focused AMC Landmark Network in 2018 and Texas-based AMC Janus Valuation & Compliance in 2019. In August 2022, the company acquired Chandler, Arizona-based AMC AppraisalTek before acquiring Maine-based AMC PropertyVal in December of that year.

Valuation 403

Valuation Appraisal Mortgage 403

Housing Wire

OCTOBER 11, 2022

Mortgage rates went up to 5% in 2018 , cooling down the housing market but nothing too dramatic for the existing home sales market. Unlike 2018-2019 when purchase application data didn’t budge much, we have had a trend of well over 20% year-over-year declines on the four-week moving average on this index. This is a real hit to demand.

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

MAY 24, 2024

Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director.

Mortgage 360

Mortgage Renovations Loan Officers Retail 360

Housing Wire

AUGUST 21, 2024

But CoreLogic’s probability model indicates that a wildfire that causes $15 billion in insurance losses — like the devastating 2018 wildfire that destroyed 90% of the city of Paradise, California — has only a 2% probability of happening in any given year.

Insurance 99

Insurance Housing Market Marketing 99

Housing Wire

JANUARY 7, 2025

Between January 2018 and October 2021, Experian reportedly failed to forward more than 2 million disputes to furnishers within the required five-business-day window, the lawsuit states. In addition, the consumer watchdog claims Experian withheld consumer-submitted documentation from furnishers that could support dispute claims.

Law 363

Law Finance Real Estate Business 363

Housing Wire

JANUARY 15, 2025

My] third back surgery was in 2018. Losing benefits When it came time for Kemp to file paperwork for the redetermination of his HUD benefits, which he said allowed him to become a homeowner in 2018, he disclosed the incident since he was unwilling to lie and risk a loss of benefits along with the imposition of fines.

Law 356

Law Legal Insurance Government 356

Housing Wire

OCTOBER 17, 2024

FHLBank contributions to the AHP rose for the first time since 2018,” FHFA said. FHLBanks are required to commit 10% of their net income from the prior year to the AHP, which totaled slightly more than $355 million in 2023. Their actual AHP awards in 2023 were approximately $91.7 million — or about 26% — above that amount.

Development 409

Development Finance Investing Mortgage 409

Housing Wire

DECEMBER 5, 2023

The market share for single-family construction in counties with the highest personal income quintile (greater than $62,212) was 40.8%, down from 45% in Q3 of 2018. The bulk of home building is in high-income areas Both the single-family market and the multifamily market posted bigger home-building gains in high-income areas.

Construction 411

Construction Marketing Housing Market 411

Appraisal Buzz

APRIL 8, 2024

That’s an all-time high for the report, which was launched in 2018. The average homebuyer credit score reached 737 in March, according to Optimal Blue’s Originations Market Monitor report.

Lending 354

Lending Appraisal Mortgage Marketing 354

Housing Wire

OCTOBER 26, 2023

Prior to joining Serhant, Christie was with Compass from 2018 to 2021. “I have known Jason for many years. He is not only a pro at his craft, he is an incredible human being that truly embodies our culture and values.”

Real Estate Agent 369

Real Estate Agent Brokerage Real Estate Agents 369

Housing Wire

MAY 26, 2022

If you follow the trend of housing supply since 2014, it’s been falling every year — with a pause in 2018-2019 — and then collapsed lower post-2020. As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels.

Inventory 500

Inventory Housing Market Construction Marketing 500

Housing Wire

JANUARY 9, 2024

A seasoned Realtor , Hines was Sotheby’s top broker in sales volume in West Seattle in 2018-2019 and also appeared on Forbes Market Leader’s list. Together, the three agents will cover West Seattle and the Eastside areas of Seattle. Janssens also stood out for his productivity as a broker at Sotheby’s.

Realty 366

Realty Brokerage Agents Real Estate 366