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A key home price metric has skyrocketed since 2019

Housing Wire

She advises agents to help their clients focus on comparable listings. from May 2019 to May 2024. “Price per square foot can really be deceiving,” Ameer said. “A A smaller home can have a higher price per square foot versus a larger one, and that can skew the numbers.” Among the 50 largest U.S.

Agents 458
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NEXA Mortgage sued over broker’s alleged data theft

Housing Wire

In a lawsuit filed last week, a mortgage brokerage claimed that one of its former loan officers stole a database containing client names and information and brought it with him to a new job at NEXA Mortgage. 2013 and February 2019. By August 2019, that number had skyrocketed to 272.

Mortgage 409
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RON transactions increase 547% in 2020

Housing Wire

Florida’s law is relatively new, having passed in 2019, but adoption there has been rapid.”. Now, Notarize reported its volume of real estate notarizations increased 825% over 2019. If the industry can continue to reimagine how they serve their clients and rewire how they work, RON should and will be further implemented.”.

Law 505
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NAR: Almost 50% of homes sold for more than list price

Housing Wire

There were 3,541 respondents to the online survey which ran from May 3-10, 2021, of which 1,731 had a client. Pending sales for the seven-day period ending May 16 were down 10% from four weeks prior, compared to an 8% increase during the same period in 2019. The April 2021 survey was sent to 50,000 Realtors selected from NAR’s over 1.4

Realtors 497
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UWM’s IPO is now scheduled for January

Housing Wire

As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. Like other lenders, UWM has posted record profits amid a low-rate environment that has driven a huge volume of refinancings through its broker clients. Presented by: WFG. The company originated $54.2

Clients 466
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Chris Knapp named president of Proper Rate

Housing Wire

Knapp boomeranged back to Chicago-headquartered Guaranteed Rate after he left in 2019. He will ensure we deliver an exceptional customer experience to @Properties’ real estate agents’ clients, and he will definitely help solidify Proper Rate as the premier boutique mortgage company in the industry.”

Brokerage 385
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NAR: 31% of Realtors say they feel unsafe at open houses

Housing Wire

According to the report, 31% of Realtors said they feel unsafe during an open house or showings, and 27% said they feel unsafe when meeting a new client for the first time at a scheduled location or property. In 2019, it was 49% of female Realtors and 45% of male Realtors. Those fears are not unfounded.