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. The convergence of homeowner requirements and investor incentives has resulted in a genuine inflection moment for home equity investments (HEIs).

Investors 475

Investors Investing Real Estate Finance 475

Housing Wire

JUNE 1, 2021

President Biden also announced the Neighborhood Homes Tax Credit, which would incentivize the rehabbing of outdated homes. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer.

Renovations 516

Renovations Development Investors Legal 516

Inman

MAY 31, 2023

An investor who correctly predicted the 2008 financial crisis sees another overlooked threat on the […] In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.

Home Value 148

Home Value Investors Housing Market Marketing 148

Housing Wire

FEBRUARY 1, 2023

This includes making payments, analyzing and adjusting tax and insurance escrow accounts in real-time, requesting and processing help for hardships, and viewing and taking action on home value and available home equity. and see the same data their customer is seeing.

Mortgage 493

Mortgage Technology Investors Modernization 493

Appraisal Buzz

OCTOBER 8, 2024

New Orleans Total housing units: 466,902 Vacant housing units: 67,704 Vacancy rate: 14.50% Most common reason for vacancy: Housing unit is for rent Share of vacant housing units empty for most common vacancy reason: 23.49% Median home value: $263,500 Median gross rent: $1,159 2.

Home Value 418

Home Value Housing Market Marketing Investors 418

Housing Wire

MAY 24, 2024

These areas have shown a pattern of home values that track national trends over the past three years. Nevertheless, the latest data shows Opportunity Zone housing markets continuing to attract considerable interest among home buyers pushed out of higher-priced areas in a market with very limited supplies of homes for sale.

Home Value 459

Home Value Housing Market Design Investors 459

Housing Wire

FEBRUARY 13, 2024

“This milestone is a testament to the momentum our platform has achieved over the last six years due to the increased awareness of and demand for home equity products, including home equity investments in particular, among both homeowners and investors,” Hometap co-founder and CEO Jeffrey Glass said in a statement. “As

Investing 428

Investing Renovations Tools Real Estate 428

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. . Still, it’s far from all good news for nonbank lenders.

Marketing 448

Marketing Investing Investors Landlords 448

Housing Wire

DECEMBER 13, 2024

Mortgage loan buybacks, often referred to as repurchases, occur when a loan sold to an investor or GSE fails to meet the agreed-upon underwriting, legal, or regulatory standards. Loan buybacks also harm investors by introducing volatility and diminishing returns. Documentation issues : Missing or inadequate documentation.

Investors 370

Investors Legal Tools Legal Fees 370

Housing Wire

MARCH 31, 2021

As work-from-home becomes more of a national norm, prospective homebuyers are seeking better home values in small towns that still offer a lot of amenities. Eventually, homes matching the cash flow of the builders and investors were built, some to the tune of 6,000 square feet. ” Builders are backed up, too.

Buyers 418

Buyers Investors Realtors Agents 418

Housing Wire

JULY 7, 2023

The fix-and-flip market has seen a boom in recent years, with more than 407,000 homes flipped in 2022, a 14% increase from 2021 and a 58% increase from 2020, according to a recent report by real estate data firm ATTOM. ATTOM reports that one in 12 home sales last year — 8.4% — involved fix-and-flip investors.

Marketing 370

Marketing Lending Investors Real Estate 370

Appraisal Buzz

NOVEMBER 19, 2024

In many cases, investors and all-cash buyers have stepped in to fill the void, purchasing these homes and either flipping them for a profit or using them for rental income. However, the stock of low-cost homes declined from 2007 to 2022 due to home price appreciation. particularly in low-income communities.

Lending 418

Lending Mortgage Investors Development 418

Housing Wire

JULY 22, 2022

Omar Ennabe: The obvious trends I follow would be the ones related to our business, such as housing trends, home values and interest rates. I am hopeful that investor demand for our product will return as we have seen a drop off in the number of investors buying mortgage-backed securities (specifically reverse mortgages).

Technology 397

Technology Investors Housing Market Legal 397

Appraisal Buzz

JULY 18, 2022

Therefore, it begs the question: what will happen to home values? To answer this question, we must consider the historical correlation between interest rates and home price appreciation. Since 1976, mortgage interest rates and home price appreciation have had a positive, but weak relationship.

Sellers 435

Sellers Marketing Market Value Home Value 435

Appraisal Buzz

JULY 2, 2024

“Curb appeal projects often outperform indoor projects in ROI because they directly impact a potential buyer’s first impression of a home,” said Real Estate Investor at House Buyers Paige Robinson. The leading indoor project for increasing home value is the minor mid-range kitchen remodel, which boasts a 96.10% ROI.

Home Improvement 435

Home Improvement Investing Real Estate Real Estate Agent 435

Housing Wire

FEBRUARY 6, 2023

Since then, we’ve continued to add the best minds in fintech and servicing operations to help servicers identify operational opportunities, build systems that can adapt in real-time to policy making and markets and superpower the servicing operators who serve homeowners, regulators and investors. This isn’t for lack of creativity.

Mortgage 396

Mortgage Investors Technology Modernization 396

Housing Wire

JANUARY 9, 2023

one of the nation’s largest homebuilders, recently offering to sell some 5,000 homes to investors in the SFR market, according to a Bloomberg report. Redfin defines investors as any institution or business that acquires residential real estate. Investor purchases slumped 26.1% metro areas. That compares with a 17.4%

Housing Market 545

Housing Market Marketing Construction Development 545

Housing Wire

JULY 1, 2024

Possessing almost the entire corporate equities market, rather than a small stake as a regular employee or retail investor, is the difference between owning a bank and owning a savings account. But they cap how much an investor-lender can benefit from increasing home value.

Real Estate 532

Real Estate Government Inventory Housing Market 532

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Hometap, as an investor, provides cash in exchange for a share of their home’s future value.

Investing 463

Investing Marketing Real Estate Agent Real Estate 463

Housing Wire

DECEMBER 13, 2023

Treasuries, which move based on anticipation about the Fed’s actions, what the Fed ends up doing and investors’ reactions. “The main focus now is that if the economic data gets weaker, bond traders have the green light to take yields lower.” ” Mortgage rates track the yield on 10-year U.S.

Inventory 488

Inventory Housing Market Mortgage Law 488

Housing Wire

APRIL 26, 2022

Essentially, through the so-called Bacon Protocol — a set of smart contracts and programming that exists on the Ethereum blockchain platform — investors can purchase stable coins, which are a form of “stable” cryptocurrency pegged to the value of the U.S. Oasis Pro Markets is a U.S.-regulated One long-standing test in U.S.

Mortgage 476

Mortgage Technology Investing Investors 476

Appraisal Buzz

AUGUST 22, 2024

He attributes this trend to historically high levels of home equity, which provide homeowners with an incentive to renegotiate payment plans rather than abandoning their properties. Meanwhile, investor-owned homes and bank-owned properties exhibited varying levels of vacancy, with states like Kansas and Indiana showing the highest rates.

Housing Market 361

Housing Market Marketing Home Value Investors 361

Housing Wire

SEPTEMBER 22, 2022

All investors in the transaction were first-time participants in securitizations backed entirely by home-equity agreements [HEAs].”. “The senior debt offering in the securitization was oversubscribed, with participation across mutual funds, credit funds, banks and asset managers,” Unlock’s announcement of the deal states.

Marketing 397

Marketing Contracts Finance Home Value 397

Housing Wire

MARCH 29, 2023

“After that time, HELOC production waned as defaults spiked and home values plummeted, and HELOC securitizations effectively stopped for nearly a decade. And I think fixed-income investors are going to say, ‘OK, there’s volume there,’ and as long as it’s priced appropriately, they’re going to want to participate. “I

Contracts 397

Contracts Lending Investing Investors 397

Housing Wire

JULY 28, 2023

People who are already homeowners are sitting pretty, comparatively, because most of them have benefited from home values soaring over the last few years. More than one-third (36.6%) of the country’s starter homes were purchased in cash in May, down just slightly from the previous month’s decade-high and up from 35.2%

Buyers 370

Buyers Housing Market Investors Real Estate 370

Housing Wire

SEPTEMBER 11, 2023

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. We also see investor demand remain strong and an uptick in owner-occupied purchases. HW: What does the current market and demand for REO assets look like?

Inventory 435

Inventory Technology Design Tools 435

Housing Wire

MARCH 2, 2021

SG: It can help close loans with greater speed and ease, reduce vendor oversight, mitigate risk, lower costs and ease underwriting reviews for lenders, servicers and investors. HELOCs provide flexible access to home equity and closing costs are typically only 2% to 5%, so it’s much cheaper than a refinance. Altisource does.

Valuation 382

Valuation Lending Real Estate Investors 382

Housing Wire

DECEMBER 8, 2022

Most investors expect that in its meeting next week, the Fed will hike rates by 50 bps instead. Still, home values in these areas generally will remain well above pre-pandemic levels, Moody’s analysts said. The extent of recent booms, current construction levels, and changes in migration patterns (e.g.,

Mortgage 397

Mortgage Home Value Construction Investors 397

Housing Wire

MARCH 11, 2021

.” The EquityAvail product is a non-recourse loan, which means the borrower or the heirs will not owe more than the home’s value. The maximum loan amount is $4 million, and there’s no minimum home value requirement. Sieffert told HousingWire that they plan to keep the EquityAvail loans on their books.

Finance 418

Finance Mortgage Retail Home Value 418

Housing Wire

APRIL 9, 2021

” In essence, the program allows WRRE’s sell-side clients to compete with cash-buyers, iBuyers and investors for the little inventory that’s out there when they’re ready to buy. . “Typically the fee might be 3%, somewhere in that area, for the purchase program itself,” Raveis said.

Brokerage 435

Brokerage Real Estate Clients Insurance 435

Housing Wire

OCTOBER 20, 2022

This is the first decline in home prices in almost three years, down from 57.6% in the second quarter, with median national home values dropping 3% quarterly to approximately $340,000, the report said. Despite this drop, investment returns for home sellers is still up from 48.8% Cash sales and institutional investors.

Sellers 435

Sellers Investing Housing Market Real Estate 435

Housing Wire

MAY 4, 2022

Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. Various mortgage finance innovations facilitated larger loans at the same monthly payment to keep up with growing home values – which is one reason why house prices kept going up.

Housing Market 397

Housing Market Finance Marketing Mortgage 397

Housing Wire

FEBRUARY 24, 2023

For instance, in the conversation at the ASC hearing on using automated valuation models (AVMs) as a viable, non-subjective tool for understanding value accuracy during underwriting , concerns were brought up about bias being present in the data itself.

Appraisal Process 397

Appraisal Process Appraisal Reconsideration of Value Valuation 397

Appraisal Buzz

NOVEMBER 13, 2024

We have expanded our team member training to [include talking to customers] about their home value and equity if the customer truly can no longer afford the home and none of the retention options are available or appealing to the customer. What strategies are you implementing to mitigate risk?

Mortgage 410

Mortgage Technology Clients Tools 410

Housing Wire

FEBRUARY 2, 2021

It’s also not buying homes and looking for hopeful renters. Customers pick out a home and Divvy purchases it on their behalf, with the renter contributing up to 2% of the home value. ” The post Divvy Homes snags $110 million Series C funding appeared first on HousingWire.

Home Value 287

Home Value Mortgage Investors Business 287

Appraisal Buzz

JUNE 21, 2024

National home prices have doubled in less than a decade, leading to significant amounts of equity for many homeowners. home value stands at $360,681, up 4.3% Currently, Zillow reports that the average U.S. over the past year.

Mortgage 411

Mortgage Law Finance Lending 411

Housing Wire

JUNE 10, 2022

Fixed mortgage payments are stable and predictable, unlike rent payments which can fluctuate and tend to increase along with rising prices and home values. Owning property is also one of the best ways to offset inflation pressure, which is expected to continue for the foreseeable future.

Real Estate 418

Real Estate Buyers Insurance Mortgage 418