Housing Wire

APRIL 22, 2024

After a couple weeks of big jumps for mortgage rates , we’re still seeing relatively surprising strength in the housing market. We’re watching sales volumes , which are definitely up over past year but remain slow. housing market for the week of April 22. There are 543,000 single-family homes on the market now.

Inventory 531

Inventory New Listings Sellers Contracts 531

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. Our contract is little different in that we share part of the entire home value at the end of the contract.

Housing Market 370

Housing Market Marketing Contracts Lending 370

Housing Wire

MAY 6, 2024

The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. housing market as we roll into May 2024. Housing inventory There are now just under 600,000 single-family homes on the market. More home sellers are coming back to the market each week.

Inventory 476

Inventory Contracts Sellers New Listings 476

Housing Wire

JANUARY 29, 2024

We shared that sales growth data back in December as it was happening in the housing market. Homes in contract rises There are more homes in contract now than last year at this time. I think this trend is durable, but it’s definitely not a guarantee. The question is, will this trend continue for the year?

Contracts 448

Contracts Inventory Housing Market Mortgage 448

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. New pendings The holiday weekend pushed a few contracts out later too. Just like the listings volume, the sales volume is definitely increasing. That’s down 6.5%

Inventory 493

Inventory Contracts New Listings Sellers 493

Housing Wire

SEPTEMBER 12, 2023

housing market now. That’s frankly surprising given how cold the housing market froze last fall. New contracts dipped as affordability is out of reach for so many. For example if mortgage rates hit 8%, we’ll definitely see it in the data. The light portion of the bar are the new contracts that week.

Contracts 435

Contracts Inventory Housing Market Buyers 435

Housing Wire

SEPTEMBER 30, 2020

“But if the pandemic surges up again, I think we’re just going to get busier and busier here, because we are definitely located in the correct position, outside of New York City, where parents can still commute to work and children can have space needed for homeschooling and things like that,” Kanacki said.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing contracts fall through during the due-diligence period because of the sticker shock on insurance costs, so that is definitely a problem.”

Insurance 448

Insurance Inventory Marketing Real Estate 448

Housing Wire

SEPTEMBER 1, 2020

With interest rates at historic lows and a rush on the suburban market, lenders in New York City and its bedroom communities are working overtime to process what they say is an unprecedented book of business. “People are out there, they’re looking for the best deal.” The rest of this content is for HW+ members.

Loan Officers 435

Loan Officers Retail Lending Contracts 435

Housing Wire

AUGUST 19, 2024

The most dire predictions about where the housing market is heading would require a surge of sellers. Home sales down a teeny bit There are 366,000 single-family homes under contract. If you walk into the housing market today to buy or sell a house, this is what the market looks like.

Inventory 444

Inventory New Listings Sellers Buyers 444

Housing Wire

FEBRUARY 26, 2024

Home prices aren’t falling but the growth signals are definitely softening. The housing market data has been changing very rapidly this year. And sure enough the number of new contracts started this week dipped. Price of new pendings The price of the homes that went into contract this week dipped a little too.

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Sellers Inventory New Listings Contracts 468

Housing Wire

NOVEMBER 10, 2022

The Federal Housing Finance Agency (FHFA) announced on Thursday that the 2023 multifamily loan purchase caps for Fannie Mae and the Freddie Mac will be $75 billion for each government-sponsored enterprise (GSE), for a combined total of $150 billion to support the multifamily market, according to an announcement from the FHFA.

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Government Finance Contracts Design 370

Housing Wire

DECEMBER 19, 2022

Affordable housing prices combined with a vibrant history and a thriving culinary scene have certainly made Derby City a popular destination for homebuyers. However, even Louisville’s active housing market has slowed down recently. “I Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It

Marketing 434

Marketing Inventory Buyers Housing Market 434

Housing Wire

AUGUST 1, 2023

or 8% range, then there is definitely downside risk for home prices. Late in summer 2022 was when there were big mortgage rate spikes, a steep decline in buyer demand and quick discounts for the homes that were on the market. In the light red line of the chart, you can see how the seasonal discounting definitely accelerated in 2022.

Inventory 370

Inventory Contracts Buyers Mortgage 370

Housing Wire

JUNE 7, 2024

You’ll get alerts about the hottest leads that include personalized talking points, properties of interest, and housing market data to reference. To target different cities or neighborhoods in your MLS, you’ll want to add additional Zurple websites.

Advertising 458

Advertising Tools Real Estate Sellers 458

Housing Wire

APRIL 6, 2021

Actually, he was very quick to get out to the house and do the appraisal, so no problem there. It was definitely a rush job! For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. I’ve seen a house listed at $1.7 Wow, since when? million and sell for $2.03

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Even though the rates are higher now, I think it’s a great market for a first-time homebuyer,” Saghafi said.

Loan Officers 448

Loan Officers Mortgage Buyers Inventory 448

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021.

Mortgage 435

Mortgage Marketing Investors Lending 435

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period.

Marketing 397

Marketing Investing Mortgage Investors 397

Housing Wire

MARCH 15, 2024

Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market. But its members noticed “many real estate agents are already writing sales contracts that require the buyer to pay the buyer’s real estate commission.”

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Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

JUNE 28, 2021

He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It I have always been good with numbers, and I enjoy looking at houses,” he said. But DeZarn was an independent contractor business of one, and he lost his clients in 2008 when the housing market imploded.

Appraisal 435

Appraisal Valuation Business Contracts 435

Appraisal Buzz

OCTOBER 11, 2024

That’s the lowest level in records dating back to 2012, with the exception of May 2020, when the pandemic brought the housing market to a standstill. Pending sales—a more current gauge of housing market activity that includes both existing and newly constructed homes—fell to the lowest level on record aside from April 2020.

New Listings 195

New Listings Buyers Housing Market Real Estate Agent 195

Cleveland Appraisal Blog

JUNE 18, 2022

During much of this time, Leslie served as the Colorado member of OCA and wrote the definitive textbook on Eminent Domain Law in Colorado. The Housing Market Is Spiraling Downward With Dogged Determination – Housing Notes by Jonathan Miller. Top Reason For House Rules – The Folson Group Blog.

Appraisal 312

Appraisal Law Development Valuation 312

Housing Wire

APRIL 21, 2022

“The venture capital scene still doesn’t seem to have the expertise to distinguish a sleek slide deck from a technology or business model that can incisively navigate the infamously complex workings of the California housing market,” said Pullen, of the Terner Center.

Construction 418

Construction Supply Chain Investors Business 418

Appraisal Today

NOVEMBER 8, 2024

Definitely the best practical appraisal advice I have read on new URAR. The Selling Guide is being updated to include these new definitions in the Glossary. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.81 percent from 6.73 percent from 6.77

Appraisal 77

Appraisal Contracts Modernization Clients 77

Appraisal Today

NOVEMBER 1, 2024

When the inevitable happens and the overinflated housing market comes crashing down, the FHFA and its decision-makers will have no one to blame but themselves. In my opinion, this definitely increases risk for consumers, GSEs, the economy and the real estate market. percent from 6.52 percent, with points increasing to 0.69

Appraisal 86

Appraisal Training Contracts Mortgage 86

Miller Samuel

MARCH 19, 2019

That article came out in 2014 right as the housing market was peaking. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). That definition does not sound like a primary residence to me. November: Control of the New York State Senate flipped. They will simply go elsewhere.

Real Estate 370

Real Estate Law Development Investors 370

Appraisal Today

JULY 1, 2023

Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices First American Blog June 26, 2023 Excerpts:“Nominal house prices need to adjust to the reality of higher mortgage rates for the housing market to become more affordable and balanced, but a fundamental housing supply shortage is keeping a floor on how low house prices can go.”In

Appraisal 89

Appraisal Contracts Market Value Mortgage 89

Empire Appraisal Group

MARCH 30, 2023

NEW YORK – The housing market has slowed way down, as expected, in response to rising interest rates. In case there was any lingering doubt, the new data shows the housing market has definitely turned, according to Mark Zandi, chief economist at Moody’s Analytics. “It This is what they want to see,” Lazzara said.

Housing Market 78

Housing Market Contracts Realtors Marketing 78

McKissock

OCTOBER 3, 2021

As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. The only costs you have to cover are those for finding a property for sale and for marketing the property to interested buyers. How the fix-and-flip investment strategy works.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Appraisal Today

MARCH 8, 2024

For example, the proposed definition of property data collector might include sales data information providers. I’m always looking for something new = Shifting Tides in the Housing Market: A February 2024 Perspective By Kevin Hecht Excerpts: As we navigate through the early months of 2024, the U.S. percent from 7.04

Appraisal 86

Appraisal Contracts Real Estate Housing Market 86

Chicagoland Appraisal Blog

JULY 13, 2017

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago. You guessed it with the realtor answering these questions.

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Appraisal Today

SEPTEMBER 8, 2023

To read more, click here My comments: If you want to know more, before (or after) accepting an Airbnb appraisal, definitely read this article. Taking his classes is definitely worth the time. This post analyzes the recent data and insights, highlighting potential impacts and the overarching market conditions. percent from 7.31

Appraisal 84

Appraisal Contracts Business Construction 84

Appraisal Today

AUGUST 23, 2024

Investor activity in the housing market is stabilizing following several years of dramatic ups and downs. To read more, Click Here My comment: This is definitely affecting some local real estate markets with homes being rented instead of available for sale. from a year earlier—also the biggest gain in two years.

Appraisal 71

Appraisal Contracts Investors Property Appraisal 71

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. I’m not going to answer that – my crystal ball is broken – but if some economists had their way, it would be a definite possibility for 2023. The local picture is less definitive. from today’s U.S.

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Appraisal Today

AUGUST 9, 2024

Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. This price assumes a reasonable exposure time on the market, with both buyer and seller acting prudently and without duress. housing market has surged to a record $11.5

Appraisal 70

Appraisal Reconsideration of Value Insurance Market Value 70

Appraisal Today

OCTOBER 6, 2023

This covers all Definitions, Rules, and Standards. The market area that the property is located in can definitely support the price but does the price truly reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? year-over-year increase.

Appraisal 81

Appraisal Contracts Real Estate Mortgage 81