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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 523
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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 448
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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 418
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Why Austin home prices remain stubbornly high

Housing Wire

1 in population growth for eight straight years and The Wall Street Journal named it the hottest job market in 2019 and 2020. But while rising inventory and days on market are proof of lower demand, Austin home prices remain stubbornly elevated above their 2019 levels. higher than 2019 prices.

Inventory 486
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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 508
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Black Knight’s Andy Crisenbery: COVID-19 created “quick fix” fintech solutions

Housing Wire

Now, the industry will need to take a step back to figure out which fintech solutions can provide long-term solutions, according to Andy Crisenbery , Black Knight Senior Vice President of eLending Solutions and 2019 HousingWire Tech Trendsetter. HW: Where are you finding opportunity to meet client needs and grow relationships?

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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