Housing Wire

FEBRUARY 28, 2025

The trend is most pronounced in Atlanta, Las Vegas, Houston, and parts of Florida , where increasing housing supply is leading to a buyers market. With less competition, some buyers are backing out during the inspection period, hoping for a better deal. Many are opting to wait out market instability before committing to a purchase.

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Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Housing Wire

NOVEMBER 4, 2024

Much of this work was conducted on large national listing portals, but I also utilized Altos Research market reports to track home-price and inventory trends in my search area of southern New Hampshire. I grew up in an 1850s farmhouse and was not going to skip an inspection or an appraisal contingency.

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Housing Wire

JUNE 26, 2024

The Florida housing market faces an outsized risk from weather events and larger climate issues. Not surprisingly, the state also has the highest average cost for homeowners insurance , and that cost is rising. Not surprisingly, the state also has the highest average cost for homeowners insurance , and that cost is rising.

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Housing Wire

FEBRUARY 3, 2025

Company Name Company Website Markets Served Company HQ MMI mmi.io/ Loan Origination Cottonwood Heights, UT Paradatec paradatec.com/ Loan Origination, Servicing, Secondary and Closing Wilmington, DE Outamation outamation.com/ Servicing Southlake, TX Orion Lending orionlending.com/ Loan Origination Orange, CA Optimal Blue www2.optimalblue.com/

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Appraisal Buzz

OCTOBER 1, 2024

Last year, National General Lender Services published an article highlighting that secondary perils, such as severe convective storms, wildfires, and river floods, are significantly impacting the insurance industry. This progress enables them to continue offering coverage in difficult markets.

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Housing Wire

JANUARY 15, 2021

Porch, led by CEO Matt Ehrlichman, acquired home insurance company Homeowners of America , mover marketing and data firm V12 , home inspection company Palm-Tech and roofing contractor software company iRoofing. “Part of our business is insurance,” Ehrlichman said. Presented by: Black Knight.

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Housing Wire

FEBRUARY 26, 2024

The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. And homeowners insurance costs are three times higher in Florida than the national average.

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Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Lets dive in!

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Housing Wire

MAY 20, 2024

Property eligibility, HECM for Purchase In a section about property eligibility, HUD has added new language stating that if a “property has a water source that includes a mechanical chlorinator or is served by springs, lakes, rivers, or sand-point or artesian wells, the property is not eligible for FHA mortgage insurance.”

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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. Another trend to be aware of is the days on market metric.

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Housing Wire

NOVEMBER 2, 2020

This strong performance was not unexpected, but makes the upcoming 50 basis point adverse market refinance fee more puzzling. So one has to ask, why are they piling on to their earnings with a new 50bps adverse market refinance fee? The implications for the adverse market fee starting Dec. I’ll end with this.

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Housing Wire

JULY 23, 2024

Redfin ’s newest housing market report shows that buyers backed out of 56,000 purchase agreements in June, which constitutes 14.9% Housing markets that were hot after the pandemic began had the highest cancellation rates last month as many of those markets have cooled. In his market, 17.6% of buyers canceled in June.

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Appraisal Hub

DECEMBER 11, 2024

Thats why understanding home inspections and home appraisals is your first step to making a smart investment. Home Inspections: The Detective Work Think of a home inspection as your personal property detective. A home inspection helps you avoid that nightmare. Determines the propertys market value.

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Housing Wire

NOVEMBER 27, 2023

Veev’s business model is innovative: it provides pre-inspected, fully cladded walls directly to homebuilders , ready for installation. Veev said at the time that the funding would be used to scale its operations, accelerate its research and development, and expand construction into new markets.

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Housing Wire

APRIL 4, 2024

Nominations for HousingWire’s 2024 Marketing Leaders are open until April 30, 2024. While they have endured a rocky, rates-driven cycle, marketers in mortgage and real estate continue to play a pivotal role in lead generation, customer acquisition and retention differentiation that has helped to keep many organizations stay afloat.

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Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. 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.

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Housing Wire

DECEMBER 24, 2020

The SPAC route got Porch onto the public market a full year earlier than would have been possible through a traditional IPO, said Matt Ehrichman, Porch’s CEO. Part of the growth plan involves offering its ERP and CRM software to more companies in key verticals such as home inspection industry and the moving industry, Ehrlichman said.

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Housing Wire

MAY 16, 2024

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. Proptech firm RealReports unveiled a new feature for its AI-powered assistant, Aiden, the company announced on Thursday.

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Housing Wire

MARCH 8, 2023

The Consumer Financial Protection Bureau (CFPB) on Wednesday released a special edition of its Supervisory Highlights report that profiles “unlawful junk fees uncovered in deposit accounts and in multiple loan servicing markets,” including among mortgage servicers.

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Housing Wire

OCTOBER 28, 2021

With the most recent acquisition of Floify, Porch will expand “its early access to high-intent homebuyers who need key services including insurance, warranty and moving services,” the company said in a statement.

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Housing Wire

NOVEMBER 1, 2024

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. Also top of the list, agents are marketers.

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Housing Wire

MAY 9, 2022

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. Presented by: Westwood Insurance Agency. How to avoid home closing delays in 2022.

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Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. In August, the company received a strategic investment by the private equity firm Novacap to accelerate its growth plan.

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Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

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Housing Wire

MARCH 1, 2023

And yes, this certainly has had an impact on insurance companies from coast to coast, as we’ve seen insurers retreat en masse from states such as California , Florida , and Texas , which have all seen record losses in recent years from wildfires, earthquakes, hurricanes, severe winter storms, sinkholes, and more.

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Miller Samuel

NOVEMBER 30, 2018

As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. Those are "PiW" loans or have a "Property Inspection Waiver." Liability insurers are already talking about a new target when things go south. Ever heard of straw buyers?

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Housing Wire

JULY 26, 2024

However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless process. Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction.

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Housing Wire

JUNE 21, 2022

housing stock; yet, they bring some unique characteristics to the market. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Let’s first consider some of the factors driving increased home rentership. Here’s one data point for you.

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Appraisal Partners Blog

MARCH 12, 2025

FHA appraisals differ from conventional appraisals in several key ways, primarily because they are designed to protect both the borrower and the lender (the FHA insures the loan). An FHA loan is a mortgage insured by the Federal Housing Administration. What is an FHA Loan? Why are FHA Appraisals Different?

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Realtor

NOVEMBER 7, 2023

This amount can change depending on market factors. If the market is cold, a seller could be happy with less than 1%. Costs of buying a home #2: Escrow account An escrow account is basically a way for your mortgage company to make sure you have enough money to cover related taxes and mortgage insurance.

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Housing Wire

MAY 12, 2021

When my wife and I were in the market to buy a house, we got frustrated working with a broker and decided to build one ourselves. Built Technologies in Nashville is one company that has created a suite of software to simplify loans, draws, and inspections for lenders and contractors. Harder than it has to be. Creating transparency.

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Housing Wire

DECEMBER 20, 2021

residential real estate market based on gross written premiums. These additional markets take us closer to our goal of providing nationwide coverage with the Doma Intelligence platform,” Max Simkoff, CEO of Doma said in a statement. This brings the platform’s coverage to approximately 83% of the U.S.

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Housing Wire

JULY 22, 2024

Back then, we never thought about the property inspection. We didn’t understand anything other than dual agency and we didn’t have inspections for things like radon gas or uranium in the soil. Today, they are dozens of pages long. Now, agents are responsible for so much.

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Appraisal Buzz

AUGUST 19, 2024

According to Zubiate, some buyers are returning to the Bay Area market as a result of the recent decline in mortgage rates. Many Bay Area buyers–especially those without tech money–are getting more selective, jumping ship if a small problem comes up in, say, the inspection. In all but three of the 50 most populated U.S.

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Housing Wire

APRIL 11, 2023

This is especially important in today’s fast-paced real estate market, where time is of the essence. The escrow company is responsible for securing and managing all funds, instructions, documents, down payments and insurance policies involved in the transaction. What is a title in the context of real estate?

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Housing Wire

MARCH 7, 2022

The creation of the NFT real estate market thrusts a spotlight onto a Silicon Valley company specifically throwing itself into real estate, blockchain and NFTs. It’s a great marketing tool for the right type of listing. A deed transfer often includes the new owner ensuring they are the property holder through title insurance.

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