Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Provide value Offer engaging content that both informs and entertains. Its up to us as agents to stay engaged and stay in contact with our clients.

Real Estate 397

Real Estate Clients Tools Sellers 397

Appraisal Buzz

JULY 10, 2024

VeroFORECAST evaluates home prices in over three hundred of the nation’s largest housing markets, and the company is committed to the data science of predicting home value based on rigorous analysis of the fundamentals and interrelationships of numerous economic, housing, and geographic variables pertaining to home values.

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Home Value Inventory Housing Market Buyers 390

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. “A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said.

Housing Market 476

Housing Market Marketing Insurance Mortgage 476

Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. In some markets, the answer is increasingly yes.

HOA 370

HOA Insurance Legal Fees Valuation 370

Appraisal Buzz

SEPTEMBER 17, 2024

home value currently stands at $361,282, up 2.9% This analysis shows homeownership may be more within reach than most renters think,” said Zillow Home Loans Senior Economist Orphe Divounguy. For those who can put together a down payment, buying a home in these cities may be the right move. year-over-year.

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Buyers Home Value Insurance Mortgage 418

Housing Wire

NOVEMBER 18, 2024

in October—fueled by rising housing and insurance costs—and mortgage rates having edged back above 7%, homeownership remains a distant goal for many living in the U.S. Yet each of these states faces unique real estate hurdles that shape the prospects for both home sales and rentals. inflation climbing to 2.6%

Real Estate 397

Real Estate Agents Real Estate Agent Marketing 397

Housing Wire

JANUARY 17, 2024

This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. stares down the barrel of a considerable economic downturn.

Finance 482

Finance Real Estate Agent Real Estate Insurance 482

Appraisal Buzz

AUGUST 19, 2024

The record high in home prices—the median sale price nationally increased by 4% in June—has led to a record high in the percentage of American homes valued at $1 million or more. Recent declines in mortgage rates have given buyers a small respite, increasing their purchasing power by tens of thousands of dollars.

Home Value 396

Home Value Luxury Properties Buyers Inspection 396

Appraisal Buzz

JULY 18, 2022

Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. Take a recent example of mine.

Sellers 435

Sellers Marketing Market Value Home Value 435

Appraisal Buzz

JUNE 26, 2024

These computer models cannot be unreliable or biased, even if they can offer crucial information to lenders, buyers, and sellers. These models can resemble what many people refer to as artificial intelligence as they become more complicated and incorporate more factors.

Appraisal 391

Appraisal Tools Appraisal Process Real Estate 391

Housing Wire

FEBRUARY 20, 2025

New data from LendingTree and CoreLogic highlights the struggles and successes of young buyers in todays real estate landscape. Young buyers still face an uphill battle According to a LendingTree analysis of anonymized credit reports, only 3.1 % of Americans under 30 currently hold a mortgage in the nations 50 largest metro areas.

Buyers 374

Buyers Real Estate Inventory Mortgage 374

Housing Wire

AUGUST 24, 2022

Top wholesale lender United Wholesale Mortgage (UWM) is the latest originator to join the resurgent home-equity lines of credit (HELOC) market. UWM’s products announced Wednesday are available on primary and second home loans, with loans up to $350,000, according to the company’s website.

Home Value 397

Home Value Investing Insurance Mortgage 397

Housing Wire

JUNE 24, 2021

Buyside’s new feature enables the millions of homeowners who are currently receiving a Home Valuation Report from Buyside, to now see a personalized Home Equity Dashboard. According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

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Valuation Real Estate Agent Real Estate Clients 414

Housing Wire

MAY 24, 2023

For many buyers, closing day represents the beginning of the next chapter in their lives – having a new place to celebrate important milestones and create new memories. Unfortunately, as buyers are preparing for this momentous day, wire fraud – a scam in which cybercriminals attempt to steal buyers’ hard-earned money – poses a serious threat.

Real Estate 397

Real Estate Buyers Real Estate Agent Sellers 397

Housing Wire

APRIL 9, 2021

. “We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis Real Estate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire. “And then we have our agent commission.”

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Brokerage Real Estate Clients Insurance 435

Housing Wire

JULY 8, 2024

A couple purchased the home in 1969, but took out a $189,000 reverse mortgage on the property in 1997. That has complicated the issues around ownership of the home according to the child of those buyers, who said that interest accumulation on the loan has potentially outpaced its market value.

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Mortgage Design Architecture Market Value 430

Housing Wire

AUGUST 16, 2024

home purchases fell 1.9% during the same period, which Redfin attributed to elevated mortgage rates and home prices. While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash. In comparison, total U.S. metro areas going back to 2000.

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Investors Tenants Real Estate Property Taxes 468

Appraisal Buzz

AUGUST 16, 2024

This surge follows a period of fluctuating investor activity during the COVID-19 pandemic, where purchases more than doubled during the 2021 homebuying boom, only to drop nearly 50% in 2023 due to declining rents and home values. Despite the renewed investor interest, overall home purchases in the U.S. year-over-year.

Investors 370

Investors Property Taxes Housing Market Real Estate 370

Housing Wire

FEBRUARY 1, 2023

Nunziata explained that offering prospective homebuyers a $10,000 discount off the sales price of a $400,000 home, for example, will save the buyer about $60 a month on his or her mortgage payment. “So, You can see that’s a really big impact for that first-time buyer, giving them the ability to kind of ease into that payment.”

Marketing 435

Marketing Government Mortgage Sellers 435

Housing Wire

JUNE 10, 2022

Buyer morale is at an all-time low for good reason. Affordability from a home price/down payment perspective is the worst it’s ever been, meaning extreme barriers to entry,” according to a Bank of America Global Research note published in March. Improving access to affordable homeownership. To read the full issue, go here.

Real Estate 418

Real Estate Buyers Insurance Mortgage 418

Housing Wire

MAY 25, 2023

[They likely] would feel much more confident that they can keep a significant amount of the proceeds from their departure home and not have to make monthly mortgage payments, provided they continue to pay their taxes and insurance and maintain the home,” said Rob Cooper, National Purchase and Builders Sales Leader for Longbridge. “If

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Loan Officers Real Estate Agent Real Estate Finance 418

Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. Homeownership is a bedrock for the American Dream, in no small part because it is also a durable, reliable long-term investment.

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Investors Investing Real Estate Finance 475

Housing Wire

APRIL 24, 2023

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Lower homeownership rates mean there will be fewer buyers.

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Legal Housing Market Government Buyers 397

Appraisal Buzz

JULY 1, 2024

“Home prices increased again this March beyond the typical seasonal uptick, despite mortgage rates reaching this year’s high and the affordability crunch continuing to keep many prospective buyers on the sidelines,” said Dr. Selma Hepp, Chief Economist for CoreLogic.

Housing Market 418

Housing Market Inventory Real Estate Marketing 418

Appraisal Buzz

APRIL 2, 2024

With mortgage rates tracking downward in recent months after rising last year, the portion of average local wages consumed by major expenses on median-priced, single-family homes and condos has decreased from the fourth quarter to the first quarter in 91.5% Home Affordability Report. However, it remained up annually in 90.3

Property Taxes 195

Property Taxes Insurance Home Value Buyers 195

Eppraisal

NOVEMBER 12, 2024

has provided some relief to potential buyers. Home Prices : Home prices have moderated in many areas, making it a potential buyer's market in some regions. However, in high-demand areas, prices may remain elevated, making it crucial for buyers to assess their financial capabilities.

Property Taxes 69

Property Taxes Landlords Insurance Buyers 69

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . We’re thinking about what the end buyer wants, which with us is an institutional fund.

Marketing 448

Marketing Investing Investors Landlords 448

Realtor

NOVEMBER 16, 2017

Most of the buyers I work with don’t have extra resources available, so the fact that they can purchase a home with zero down makes the transaction feasible,” says Benny Dinsmore , a Realtor® with Coldwell Banker in Frisco, TX. No mortgage insurance. FHA loans come with their own forms of mortgage insurance.

Insurance 146

Insurance Appraisal Real Estate Buyers 146

Listing Spark

JANUARY 5, 2025

Some of the expenses you can expect as a seller in Texas are: Commissions Title Insurance Policy HOA Fees: Its a good idea to call your HOA to find out what expenses are incurred by the seller in your neighborhood Home Warranty Survey (if you dont have your existing one) Misc. Or better yet, hire a handyman to do it right.

Sellers 69

Sellers HOA Real Estate Agent Contracts 69

Appraisal Buzz

JULY 30, 2024

Our American Housing and Economic Mobility Act will help lower prices for renters and buyers with significant investments in home construction and commonsense reforms to rectify decades of housing discrimination.” Keeping home out of reach for many is the average price tag. home value is $363,438 , up 3.8%

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Construction Investing Inventory Law 221

Town & Country Residential Appraisals

DECEMBER 4, 2023

Insurance companies see these homes as risky, making it harder and more expensive to get coverage. How It Affects Your Home's Value Now, let's get to the point – how does knob and tube wiring impact your home's value? Buyers might consider this cost when deciding on a home, potentially lowering its value.

Home Value 56

Home Value Insurance Buyers Modernization 56

Lamacchia Realty

DECEMBER 20, 2022

Property Insurance Reform in Florida Sets Out to Stabilize Market. Governor DeSantis signed two new bills which support disaster relief and overhauls Florida’s home insurance , for which rates have risen to the highest in the nation, with $4,232 as the average Florida premium- nearly triple the nationwide average. No Comments.

Insurance 41

Insurance Marketing Home Value Realty 41

Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Eppraisal

FEBRUARY 14, 2023

There are many terms used in real estate transactions that home buyers and sellers may not completely understand. Buyers and sellers will often use the terms title and deed interchangeably. If you are buying a home in the near future, here's a crash course to help. Buyers "take title" to a home.

Legal 69

Legal Insurance Sellers Real Estate 69

Realtor

NOVEMBER 16, 2017

Most of the buyers I work with don’t have extra resources available, so the fact that they can purchase a home with zero down makes the transaction feasible,” says Benny Dinsmore , a Realtor® with Coldwell Banker in Frisco, TX. No mortgage insurance. FHA loans come with their own forms of mortgage insurance.

Insurance 78

Insurance Appraisal Real Estate Buyers 78

Eppraisal

OCTOBER 18, 2024

The home insurance market is undergoing rapid changes, particularly in high-risk areas like California and Florida , where natural disasters have caused significant losses over the last few years. Disasters like fires in California and hurricanes in Florida have reshaped the home insurance landscape and what it means for homeowners.

Insurance 36

Insurance Marketing Home Value Buyers 36