Housing Wire

OCTOBER 22, 2024

New pending sales are also on the rise, with the 60,000 homes going under contract last week representing a 9% increase from the same week last year and an 11% increase from the same week in 2022. For-sale inventory of single-family homes is up 33% from a year ago. in 2023, but starts for attached properties rose by 3.2%

Sellers 468

Sellers Mortgage Marketing Construction 468

Housing Wire

NOVEMBER 8, 2024

Side claims the defendants have breached contracts between the two parties that were extended in August 2022. Once considered superstars in the New York City real estate world, Official Partners and the Alexanders were hit with three lawsuits in the spring that accused the brothers of sexually assaulting more than 30 women.

Legal Fees 370

Legal Fees Legal Real Estate Brokerage 370

Housing Wire

DECEMBER 18, 2024

A new real estate platform launching this month is offering homebuyers a glimpse into neighborhoods beyond the standard Zillow listing. Oyssey , a tech startup founded in 2022, is leveraging social data including age, education and income demographics as a means of understanding homebuyers beyond their standard housing preferences.

Real Estate 397

Real Estate Real Estate Agent Brokerage Contracts 397

Housing Wire

MARCH 20, 2025

While the adoption of a standardized ROV policy was one that real estate appraisers understood and was generally good for appraisers and consumers, the issues associated with appraisal appeals will continue to evolve without the FHA policy, said Bill Garber, director of communications for the Appraisal Institute.

Appraisal 243

Appraisal Reconsideration of Value Real Estate Legal 243

Housing Wire

JANUARY 8, 2024

2022 started insanely strong and weakened rapidly in the second quarter. There are now 247,000 single family homes in contract. That is 4.25% more homes in contract now than last year at this time. New contracts up New contracts were 13% more than last year during the first week of January.

Real Estate 508

Real Estate Marketing Inventory New Listings 508

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. Homeowners in 2022 also tapped into their home equity, which peaked at $11.5

Housing Market 529

Housing Market Marketing Real Estate Agent Real Estate 529

Housing Wire

FEBRUARY 8, 2025

Mortgage spreads As Ive traveled from city to city for speaking engagements over the last year, Ive noticed that mortgage spreads are not commonly discussed among real estate and mortgage professionals. We also got to 80,000 in 2021 and 2022, so I am not asking a lot here, but we didnt get it last year when I was sure we would.

Mortgage 492

Mortgage Inventory New Listings Contracts 492

Housing Wire

OCTOBER 18, 2024

The changes come after NYCB, which concluded a merger with Flagstar in December 2022 and acquired some of Signature Bank ‘s assets in March 2023, faced a confidence crisis related to its commercial real estate portfolio. billion in cash for the TPO platform and $356 billion in MSRs, advances and subservicing contracts.

Contracts 448

Contracts Real Estate Investing Mortgage 448

Housing Wire

OCTOBER 24, 2022

Within the span of a week, San Francisco-based digital real estate unicorn Roofstock completed its first property sale through non-fungible token (NFT) and laid off about 20% of its workforce. Roofstock raised in March 2022 about $240 million in Series E funding, led by SoftBank Vision Fund 2 , which brought its total valuation to $1.94

Real Estate 418

Real Estate Investing Investors Business 418

Housing Wire

OCTOBER 28, 2024

It is an example of something concocted by lawyers without a full appreciation of how this would play out in the real world.” The filing also takes aim at the touring and showing agreements some brokers and agents are initially using with buyers before they enter into a more formal contract. And I am confused.

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

NOVEMBER 16, 2023

real estate teams and individual agents as clients for their accounting and bookkeeping services. The latest financial insights for the residential real estate teams and agents present a picture of resilience and strategic adaptability, even in the face of shifting economic landscapes.

Real Estate 434

Real Estate Business Brokerage Agents 434

Housing Wire

JULY 12, 2022

Nonbank lender loanDepot is making what appears to be the largest series of cuts in the mortgage industry this year, eliminating 4,800 jobs over the course of 2022. The company will go from 11,300 employees at the end of 2021 to 6,500 by the end of 2022, loanDepot said in a filing with the Securities and Exchange Commission on Monday.

Real Estate 79

Real Estate Contracts Mortgage Lending 79

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

MARCH 14, 2025

New listings move upward, but remain historically low Altos uses new real estate listings data as a key indicator of seller activity in the D.C Pending home sales ramp up yet again Altos’ weekly pending contract data offers a vantage point into the trends in the D.C. housing market. housing market.

Housing Market 370

Housing Market Marketing New Listings Inventory 370

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. How long does it take to get a real estate license in Ohio?

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

Housing Wire

JULY 17, 2023

In the fall of 2022 after mortgage rates jumped to 7.5%, I thought maybe we’d missed the soft landing call. By October 2022, it looked like 2023 would have rising inventory and falling home prices. While home prices fell in July and September 2022, they’ve largely recovered now. That’s essentially unchanged from 2022.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

MARCH 31, 2025

There are 358,000 single-family homes in contract right now, and they are priced only 50 basis points above last year at this time. That pace slowed dramatically in 2022 and turned negative in January 2023. In 2022, we could see very specific, very rapid moments of home prices dropping. A crash is not underway.

New Listings 450

New Listings Inventory Housing Market Sellers 450

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Demand will continue to be strong into 2022. Home prices will remain high into 2022. Will the market continue its streak of strong growth, or are we finally about to see a slow down?

Housing Market 543

Housing Market Marketing Inventory Sellers 543

Housing Wire

MAY 19, 2022

Fannie Mae’s Economic and Strategic Research (ESR) Group dropped its projected 2022 real GDP to 1.3%, 0.8 It sees the second quarter of growth rebounding to 1.6%, despite the economy contracting 1.4% The post Fannie Mae reduces projected 2022 GDP to 1.3% percentage points lower than its previous forecast.

Contracts 448

Contracts Mortgage Construction Development 448

Housing Wire

JANUARY 27, 2023

Pending home sales ended 2022 on a positive note. An index of 100 is equal to the level of contract activity in 2001. “We After six consecutive months of declines, the Pending Home Sales Index rose 2.5% month over month in December to a reading of 76.9, according to data released Friday by the National Association of Realtors (NAR).

Contracts 448

Contracts Realtors Mortgage Buyers 448

Housing Wire

MARCH 21, 2025

.’ In a presentation for investors , Rocket outlined how its acquisition of Redfin will help the company create a more seamless and affordable way for consumers to transact real estate, showing how it will take consumers from the home search phase all the way through title and closing.

Real Estate 292

Real Estate Agents Loan Officers Mortgage 292

Housing Wire

DECEMBER 9, 2024

In the 2010s, interest rates were very low for basically the whole decade and that encouraged Americans to buy and hoard real estate. That shortage reached its crisis peak in January 2022. The pandemic boom took off in April 2020, came to a crescendo in Q1 2022 after a two-year buying frenzy, and hit an abrupt halt in July 2022.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

JANUARY 2, 2024

real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. We have more homes going into contract each week now than we did a year ago — supply and demand are climbing together. There are now 258,000 single family homes in contract.

Housing Market 531

Housing Market Marketing Inventory Contracts 531

Housing Wire

JULY 1, 2024

It’s helpful to compare this year to 2022 and 2023. In 2022, inventory was really jumping at the end of June – that was accelerating sellers and slowing buyers. But after July 4, 2022, the sellers pulled back and suddenly the inventory imbalance was a lot more balanced. The run-up now is softer but still real.

Real Estate 435

Real Estate New Listings Marketing Inventory 435

Housing Wire

NOVEMBER 27, 2023

If you follow real estate data closely, you’ll know that inventory rose late into November. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. You also know that new listings are up over last year, too. Short on time? We had 52,000 new pending sales this week.

New Listings 508

New Listings Contracts Inventory Real Estate 508

Housing Wire

AUGUST 17, 2023

The first thing we go through when I work with real estate brokerages — whether it’s in helping them to streamline their technology or to prepare for sale — is their financials. Create a list of vendors and products you’re using, monthly costs and other pertinent details like the sales rep, website and contract terms.

Real Estate 366

Real Estate Contracts Training Tools 366

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Are you interested in getting into the world of commercial real estate? Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. In most states, you will need a license to practice real estate.

Real Estate 308

Real Estate Development Appraisal Contracts 308

Housing Wire

MAY 28, 2024

real estate market at the end of May 2024. You can also see the light red line from 2022 when rates were first skyrocketing. Inventory in 2022 was building much more quickly than it is now. There were 72,000 new listings unsold and another 18,000 listings that are already under contract (i.e., immediate sales).

Inventory 534

Inventory New Listings Contracts Sellers 534

Sacramento Appraisal Blog

JULY 11, 2022

UPCOMING (PUBLIC) SPEAKING GIGS: 7/15/2022 Lunch & Learn Market Update (sign up (for real estate agents)) 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 […]. .” I hear that quite a bit, but is it true? Well, yes and no. Let me explain.

Housing Market 483

Housing Market Real Estate Agent Marketing Real Estate 483

Housing Wire

MARCH 27, 2024

The Appraisal Foundation this week named Kelly Davids, former superintendent of the Ohio Division of Real Estate and Professional Licensing, as its new president. ” The selection of Davids as president serves as the culmination of a search for a new leader that began in 2022, according to the foundation.

Appraisal 459

Appraisal Contracts Real Estate Valuation 459

Housing Wire

DECEMBER 10, 2020

At the National Association of Realtors Real Estate Forecast Summit on Thursday, NAR’S Chief Economist Lawrence Yun explained that although many are working from home now, he doesn’t expect that change to be permanent. By 2021, that number will decrease to 18%, then continue to decrease in 2022 to 12%. “I

Real Estate 508

Real Estate Realtors Housing Market Contracts 508

Appraisal Buzz

FEBRUARY 13, 2025

New listings hit the highest level since July 2022, increasing 1.9% of homes that went under contract last month. Im seeing a lot more inventory hit the market than I have in past years, but its not nearly enough, said Charles Wheeler, a Redfin Premier Real Estate Agent in San Diego. They climbed 0.3% year-over-year.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

DECEMBER 4, 2023

Home prices will also be up and we have more homes under contract than we did at the end of 2022. New listings still coming on housing market There were only 33,000 new listings after the Thanksgiving holiday, but that’s normal and in line with annual seasonality in the real estate housing market. housing market in 2024.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

MAY 13, 2024

If you need to communicate about the real estate market with buyers and sellers, you should join us. real estate market as of mid-May 2024. Remember that, back in 2022, as mortgage rates were rising quickly, so too was inventory. And there are only 2% more homes in contract now than a year ago. for the week.

New Listings 501

New Listings Contracts Inventory Sellers 501

Housing Wire

SEPTEMBER 11, 2023

Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home. During this 90-day period, the client can work with a real estate agent to list their prior home.

Contracts 435

Contracts Real Estate Agent Tenants Retail 435

Housing Wire

MARCH 10, 2025

That is, theyre no longer listed for sale and theyre not in contract. At the left end of the chart, thats 2021 and 2022. Its wild how rapidly homesellers walked away in July 2022. When the market is really slowing, like it was in 2022, then inventory might climb 2% per week. Something to watch. Each bar is a week.

Inventory 425

Inventory New Listings Housing Market Sellers 425

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. 2022 marked a unique time for homebuilders. Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Subcontractor Delays.

Marketing 493

Marketing Contracts Supply Chain Project Management 493