Housing Wire

JULY 12, 2024

A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half of 2024, while ample amounts of home equity should keep many properties in loss mitigation from moving into foreclosure status. Respondents expected the U.S.

Property Taxes 468

Property Taxes Mortgage Insurance Government 468

Appraisal Buzz

JUNE 11, 2024

In addition, insuring a home is becoming a harder chore than before as more-and-more insurance companies pull out of the state due to the cost of doing business from the repeated natural disasters that occur in the state. of sellers are dropping their asking price—up from 36% a year earlier. a year earlier.

Insurance 370

Insurance Construction Housing Market Inventory 370

Housing Wire

JANUARY 31, 2024

When loanDepot announced that it was the victim of a cybersecurity incident in early January, it became the fourth publicly traded mortgage or title firm to absorb an attack in as many months. The recent spate of high-profile cybersecurity incidents kicked off with a data breach at nonbank mortgage lender and servicer Mr. Cooper.

Mortgage 434

Mortgage Insurance Business Tools 434

Housing Wire

MAY 31, 2023

With mortgage rates currently at 7.04%, many first-time homebuyers – typically millennials – will be forced to continue to rent. In the fourth quarter of 2019, the median renter could afford 69% of the homes for sale in Salt Lake City. Well, State Farm last week announced that it would halt home insurance sales in California.

Insurance 359

Insurance Clients Marketing Housing Market 359

Appraisal Buzz

JULY 23, 2024

In June, the average interest rate on a 30-year mortgage was 6.92%, while the median house sale price increased by 4% year-over-year to a record $442,525. A persistent affordability dilemma that is affecting purchasers is causing some sellers to lower their prices since their properties are sitting on the market and growing stale.

Buyers 396

Buyers Contracts HOA Property Taxes 396

Housing Wire

MARCH 28, 2024

New changes from the Federal Housing Administration (FHA) and Ginnie Mae , which insure and guarantee loans, could help open an untapped market for lenders looking to expand their businesses and improve access to credit for buyers of manufactured homes. Yet help might be on the way.

Business 445

Business Finance Lending Buyers 445

Housing Wire

APRIL 1, 2024

“And with rising home prices and the growing burden of traditional mortgage debt, homeowners are looking to tap into their home equity without taking on additional debt.” The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market.

Finance 425

Finance Investing Real Estate Agent Real Estate 425

Housing Wire

JANUARY 10, 2022

The fourth largest title insurance underwriter by market share announced its acquisition of Nashville-based Homeland Title on Thursday. Homeland Title has served homebuyers and sellers in middle Tennessee since 2003. at the close of 2019, according to the American Land Title Association , the industry’s primary trade group.

Investing 427

Investing Insurance Real Estate Sellers 427

Housing Wire

SEPTEMBER 9, 2020

Spurred by the impact of the coronavirus, the partnership closed more than 1,600 RON transactions in the first half of 2020, a more than 200% increase over the 500 RON transactions that they closed in all of 2019, the companies told HousingWire. “We “They’ve done a remarkable job of keeping up with the capacity,” Casey said.

Insurance 368

Insurance Legal Brokerage Agents 368

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.

Real Estate 391

Real Estate Open Houses Brokerage Real Estate Agent 391

Housing Wire

APRIL 12, 2022

In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I In 2019, Donny Samson took over the company from his father. Occasionally, particularly in a high-demand market, the listing agent can leverage their choice of title insurer.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. The 10-year Challenge (2009 vs. 2019). Meanwhile, sellers are anchored to another market completely, he said.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

AUGUST 24, 2023

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. By contrast, the 30-year fixed-rate mortgage was at 5.55% a year ago at this time. Other indices showed even higher mortgage rates. What to expect with the Fed ?

Mortgage 370

Mortgage Property Taxes Investors Buyers 370

Housing Wire

APRIL 12, 2023

Olufolajimi Abegunde, a Nigerian citizen living in Atlanta, and Javier Luis Ramos-Alonso, a Mexican citizen living in Seaside, California, were each convicted in 2019 in federal court in Tennessee of participating in a sophisticated international email-hacking scheme that bilked its targets out of hundreds of thousands of dollars.

Real Estate 380

Real Estate Government Technology Real Estate Agent 380

Housing Wire

MARCH 22, 2022

Mortgage rates, rates. New York-based Mortgage Industry Advisory Corp. MIAC) is in the market with two whole-loan offerings of nonperforming Ginnie Mae-insured mortgages that combined are valued at more than $1.2 The seller is not identified for either deal. The second is a much smaller deal valued at $126.8

Marketing 320

Marketing Insurance Sellers Mortgage 320

Housing Wire

MAY 6, 2024

As mortgage rates stay elevated and the number of unsold homes on the market grows — especially in the South — the leading indicators for future home sales prices continue to be softer than the current headlines suggest. That can change if mortgage rates fall dramatically, but the current trends show weakening home prices, not strengthening.

Inventory 444

Inventory Contracts Sellers New Listings 444

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. An originator since 1999, Read got his real estate license in 2014 and opened up his real estate brokerage in 2019.

Real Estate Agent 455

Real Estate Agent Loan Officers Real Estate Agents 455

PennyMac

APRIL 18, 2022

Mortgage interest and property taxes may be tax deductible. Homes frequently increase in value over the life of a mortgage. Rental insurance is inexpensive. Mortgage Matters. While the majority of your home’s purchase price will be financed into the mortgage, you will still need a down payment. in your area.

Landlords 36

Landlords Property Taxes HOA Insurance 36

Appraisal Today

SEPTEMBER 23, 2022

Sellers Chasing the ball down the road in real estate. Using recent September data, loan applications are below the levels in 2019 and still dropping. Loan applications went up this week but are still below 2019 levels. Work for buyer, seller, or both. Minus: Sometimes differences of opinion between buyer and seller.

Appraisal 52

Appraisal Marketing Business Appraisal Process 52

Raleigh Realty

SEPTEMBER 2, 2022

So whether you're a first-time home buyer or an experienced seller, stay tuned, because we’re going to tell you everything you need to know. Title Fees Home Appraisal Fee Home Inspection Fee Homeowner’s Insurance Fee Transfer Tax Escrow Fees Loan Origination Fees Closing Costs FAQs How Much Are Closing Costs? Who Pays Closing Costs?

Buyers 78

Buyers Inspection Insurance Sellers 78

Appraisal Today

JUNE 14, 2024

For example, GSEs will not purchase or securitize a mortgage on a mobile home manufactured before June 15, 1976. Likewise, HUD will not issue FHA mortgage insurance on a pre-1976 mobile home. In 2019, fashion maven Betsey Johnson sold her small pink house here for $1.9 home purchases over 1980-2017.

Appraisal 75

Appraisal Sellers Contracts Insurance 75

Housing Wire

SEPTEMBER 30, 2021

First American Title Insurance Company announced Thursday that it has partnered with Notarize to expand and accelerate adoption of remote online notarization (RON). Since 2019, the company said its volume of real estate transactions has grow over 800%. Biden administration prioritizes cybersecurity as fraud risks grow.

Insurance 299

Insurance Real Estate Sellers Agents 299

Appraisal Buzz

AUGUST 19, 2024

Boesel, who holds the position of Principal Economist in the Office of the Chief Economist at CoreLogic responsible for analyzing and forecasting housing and mortgage market trends, including the single-family rental market. Boesel is a frequent speaker at leading industry events and contributor to several industry publications.

Real Estate 221

Real Estate Legal Development Investors 221

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. The event is exclusively for HW+ members , and you can go here to register.

Housing Market 545

Housing Market Marketing Construction Inventory 545

Assurance Financial

MAY 4, 2022

In today’s economic climate, many homeowners may find it challenging to make their large monthly mortgage payments. Especially for first-time homeowners, an unwieldy mortgage payment may feel stressful and overwhelming. What Are Mortgage Refinancing Closing Costs? Downloadable Guides. We hope you find this information helpful.

Mortgage 36

Mortgage Insurance Inspection Legal 36

D Fritz Appraisals

JULY 15, 2020

As a result, in June the number of homes on the market was much closer to 2019 numbers and sales in June 2020 in the VREB region surpassed sales from June 2019. Changes by the Canadian Mortgage and Housing Corporation (CMHC ) may also have played a role in demand with new changes resulting in reduced borrowing power.

Real Estate 148

Real Estate Valuation Inventory Insurance 148

PennyMac

SEPTEMBER 2, 2020

VA home loans have many well-known benefits, including low rates and the exciting combination of no down payment and no mortgage insurance. By offering mortgages with low or no down payments (as long as the sales price does not exceed the appraised home value), VA loans make home ownership possible for many.

Insurance 36

Insurance Finance Government Mortgage 36

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

JUNE 1, 2021

(This is an updated post from one originally published in January 2019.). That’s okay during a private visit – preferably with full knowledge of the seller and listing agent – but highly frowned upon during an open house. More invasive inspections are sometimes required but they should come after written consent from the seller.

Inspection 36

Inspection Buyers Sellers Open Houses 36

Lamacchia Realty

JANUARY 27, 2023

2022 was yet another year for the books, as historical market behavior stuck this time with mortgage rate spikes, causing this year to be the adjustment year we all knew was coming. The charts below show homes sales by month for all property types from 2019 to 2022. Single family sales declined 22% from 18,565 to 14,438.

Inventory 69

Inventory HOA Insurance Buyers 69

Lamacchia Realty

JANUARY 30, 2024

The more difficult it is to sell a condo, the longer the property will sit on the market, and eventually sellers will have to lower the list price to appeal to more buyers. And some are not able to sustain the rising HOA fees and insurance rates. Sales were down in all three counties as depicted in the chart below.

HOA 73

HOA Inventory Buyers Contracts 73

The Robert Weiler Company

SEPTEMBER 7, 2022

However, compared to 2019, Ohio remained steady at #10 overall and improved from #8 to #2 in the cost of doing business. The most notable startup companies that raised funds to develop their burgeoning businesses in Columbus are: Olive, Path Robotics, CoverMyMeds, Root Insurance, and Forge Biologics. My Ohio Home (OhioHome.org).

Investing 78

Investing Business Real Estate Buyers 78

Assurance Financial

SEPTEMBER 28, 2021

Even so, millennials account for more than half of all new mortgages. Then in 2019, the number rose to 12.3%. With a fixed-rate mortgage, you’ll have greater predictability in your costs year over year. While your property taxes and home insurance rates may fluctuate, the majority of your costs will not increase.

Property Taxes 36

Property Taxes Mortgage Design Insurance 36

Clear Capital

SEPTEMBER 29, 2021

I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. The bummer part is that the seller is like a crabby old man who thinks this house is worth way more than it actually is. So he calls up the seller guy. I bet the sellers gonna be stoked.

Sellers 69

Sellers Agents Real Estate Appraisal 69

Will Springer Realtor

JUNE 11, 2024

Mortgage rates have persistently hovered around 7%, taking their toll on the market. The June 1 figure is the highest of any month since October 2022 (4222) and the most for the date since 2019 (5629). After mortgage rates, rising prices remain the hottest topic of conversation for consumers. across the county (2743).

Buyers 68

Buyers Inventory Finance Housing Market 68

Housing Wire

APRIL 27, 2023

In California, as of December 31, 2019, defendant [Invitation Homes] owned 12,461 single-family homes in over 100 cities. “… By its failure to pay or remit inspection, permit fees, penalties and interest, Invitation Homes has defrauded cities and counties in California millions of dollars.”

Renovations 320

Renovations Investing Real Estate Marketing 320