Will Investors With High Credit Scores Pay More Now? What The New Mortgage Rules Actually Mean
BiggerPockets
APRIL 25, 2023
New mortgage rules set by the FHFA sent the investing community into panic. But what do these new rules actually mean?
BiggerPockets
APRIL 25, 2023
New mortgage rules set by the FHFA sent the investing community into panic. But what do these new rules actually mean?
Housing Wire
APRIL 23, 2023
Can we now say that the housing market ‘s spring selling season is finally underway? Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data. Still, we have some promising signs that we might have finally hit the inventory bottom for 2023. We didn’t see too much volatility in mortgage rates last week, but purchase apps declined in reaction to rates rising two weeks ago.
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Real Estate News
APRIL 13, 2023
The outcome of the Moehrl suit could affect countless buyer agents. Might Zillow and other portals become an Uber-style marketplace for those agents?
Inman
APRIL 18, 2023
In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles.
Eyes on Housing
APRIL 27, 2023
Despite a housing market slowdown but reflecting persistent long-term labor challenges, wages in construction continue to rise, often outpacing and exceeding typical earnings in other industries. According to the latest Current Employment Statistics (CES) report from the Bureau of Labor Statistics (BLS), average hourly earnings (AHE) in construction vary greatly across 43 states that reported these data.
National Association of Realtors
APRIL 3, 2023
A more streamlined appraisal process won’t materialize until lenders and appraisal management companies understand the critical need for credible, independent data collection.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
APRIL 16, 2023
The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Purchase application data rose again, with more positive than negative data in 2023. Mortgage rates didn’t move much last week, but the 10-year yield rose even though inflation data was tamer than expected, and we had a weaker retail sales report number.
Real Estate News
APRIL 20, 2023
DR Horton, seen as a “heat check” for the housing industry, blew past analyst expectations with its Q2 profits and offered an encouraging take on spring.
Inman
APRIL 24, 2023
Tools such as ChatGPT and DALL-E have opened the artificial intelligence floodgates and promise to permanently transform the way agents operate. But there's so much more to explore.
Eyes on Housing
APRIL 5, 2023
As described in a previous post, NAHB’s recently released its 2023 Priced-Out Estimates, show that 96.5 million households are not able to afford a median priced new home, and that an additional 140,436 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how many households have.
San Jose Real Estate
APRIL 15, 2023
Jeffrey Fontana Park is an Almaden gem, set into a residential area but also adjacent to loads of other parkland. In the not too far distance is a view of the coastal hills with Mount Umunhum on top.
BiggerPockets
APRIL 28, 2023
How important is the real estate market you’re investing in? You could be searching for deals for months, not finding anything worth buying, and may want to call it quits.
Housing Wire
APRIL 7, 2023
Given Friday’s job report , those who have been concerned with entrenched 1970s inflation — which would lead to double-digit mortgage rates — can put their disco shoes back in the closet. I have tried to explain that the 1970s inflation isn’t a reality , and Friday’s report should ease the fear that wage growth is spiraling out of control.
Real Estate News
APRIL 9, 2023
Transforming underutilized office space to living space can create needed housing inventory, but it's not always easy. Some cities are trying to change that.
Inman
APRIL 7, 2023
Enes Yilmazer is a content creator and real estate influencer who rose to fame through his real estate channel on YouTube. After posting his first real estate video in 2019, he quickly realized the platform's potential and prioritized it.
Eyes on Housing
APRIL 24, 2023
The retreat in mortgage interest rates during the first quarter of 2023 (from the 20-year peak reached in the fall of 2022) led a record share of adults in the US – 18 percent – to declare having plans to buy a home within a year – the largest share since the inception of this series in 2018. The finding.
Lamacchia Realty
APRIL 14, 2023
Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.
BiggerPockets
APRIL 24, 2023
When you think of creative finance, you think of Pace Morby. He didn’t invent creative finance, seller financing, or subject to investing.
Housing Wire
APRIL 7, 2023
Shrinking wholesale lender Homepoint is closing its mortgage origination business and will sell its origination-focused assets to competitor The Loan Store , the company announced on Friday. Michigan-based Homepoint is “winding down” its tenure as a direct participant in the mortgage origination business and becoming an investor in the market, as the company will hold an equity interest in The Loan Store.
Real Estate News
APRIL 25, 2023
Several of the top brokerages in T3 Sixty's Mega 1000 list were founded after 2000, including top-ranking Compass.
Inman
APRIL 10, 2023
As iconic brokerage Engel & Völkers embarks on an identity refresh, this marketing leader shares her insights on the process, and what others can learn.
Eyes on Housing
APRIL 13, 2023
According to the latest Producer Price Index report, the prices of inputs to residential construction less energy (i.e., building materials) climbed 0.3% in March 2023 (not seasonally adjusted). Since declining the last four months of 2022, the index has increased three consecutive months by a total of 1.6% but has been relatively stable over the past year.
Mortgagebroker News
APRIL 28, 2023
The national housing agency has significantly downgraded its forecast for 2023 home construction
BiggerPockets
APRIL 24, 2023
Dallas is a robust market that's been stacking up well against the national correction. Should this be the next market you invest in?
Housing Wire
APRIL 30, 2023
The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this spring should be put to rest. The other focus should be where mortgage rates go; only a little happened last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.
Real Estate News
APRIL 22, 2023
In 1973, with a $1000 loan, Barbara Corcoran launched what would become a global luxury real estate company. And it's always had a woman at the helm.
Inman
APRIL 24, 2023
A new report by RE/MAX explores what's most important to today’s homebuyers and sellers, from their criteria for choosing a real estate agent to their adaptability for the future. The findings are valuable intelligence for agents and brokers alike.
Eyes on Housing
APRIL 21, 2023
In 2022, Florida had the highest population growth rate of any state at 1.9% and the second largest nominal growth in population at 416,754. Florida’s population was at 22,244,823 as of July 1st, 2022, the third largest state population in the U.S. The population of Florida has not experienced a decline since 1946. Because of continual high population growth, the.
Mortgagebroker News
APRIL 30, 2023
This senior mortgage specialist entered the financial services industry at the mere age of 16
BiggerPockets
APRIL 30, 2023
Got a high credit score? Your mortgage could get more expensive. And no, this episode isn’t releasing on Opposite Day.
Housing Wire
APRIL 3, 2023
Last week was relatively calm for the housing market after the fiasco of the banking crisis. Housing demand grew and inventory levels fell again while mortgage rates rose. Here’s a quick rundown of the last week: The 10-year yield battle continues as bond yields rose early in the week only to close below 3.50% on Friday. Mortgage rates rose to 6.57%.
Real Estate News
APRIL 24, 2023
A new survey from the National Association of Home Builders found a significant increase in the number of adults who plan on buying a home this year.
Inman
APRIL 24, 2023
When talking about luxury vacation homes, locations such as Wyoming's Teton County and Montana’s Bitterroot Valley may not be the first markets that come to mind, but there’s great value in hidden gems.
Eyes on Housing
APRIL 19, 2023
Findings from a recent national poll* that reveal 30% of American adults typically work from home at least two days a week could offer clues to the long-term financial health and value of commercial office space in the United States. How this share evolves over time, whether it drops due to employers tightening work-from-home policies or it grows due to.
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