Housing Wire

OCTOBER 2, 2020

Texas-based mortgage lender Caliber Home Loans is the latest mortgage firm to ride the IPO wave, filing paperwork to potentially go public this year at a valuation north of $2 billion, according to a new report. Rocket Mortgage , America’s largest lender, made its debut in the summer and is now trading at a $45 billion valuation.

Valuation 458

Valuation Retail Mortgage Lending 458

Housing Wire

MARCH 28, 2025

Automated valuation model (AVM): Boosts client consultations by using its proprietary algorithms to accurately estimate home values. Visit Revaluate PropStream: Best for property valuation and market trends Starting at $99/month PropStream gives real estate professionals access to real-time property valuation tools and market insights.

Real Estate 355

Real Estate Tools Real Estate Agent Sellers 355

Appraisal Buzz

NOVEMBER 4, 2021

Weary homeseekers aren’t going to see any relief soon as the latest Market Pulse report from HouseCanary, a real estate valuation brokerage whose team of economists regularly researches and reports industry trends, found that inventory levels dropped again last month to near record low levels.

Inventory 195

Inventory Valuation Brokerage Real Estate 195

Appraisal Buzz

JANUARY 6, 2022

It seems that the new year will not bring any relief to weary homebuyers who have been fighting repeated months of low inventory, high prices, and inflation. The post December Saw Net Housing Inventory Levels Drop Again appeared first on Appraisal Buzz.

Inventory 195

Inventory Valuation Brokerage Real Estate 195

Appraisal Buzz

NOVEMBER 4, 2021

Weary homeseekers aren’t going to see any relief soon as the latest Market Pulse report from HouseCanary, a real estate valuation brokerage whose team of economists regularly researches and reports industry trends, found that inventory levels dropped again last month to near record low levels.

Inventory 195

Inventory Valuation Brokerage Real Estate 195

Housing Wire

APRIL 25, 2024

Mortgage market conditions were challenging last year because of higher mortgage rates , low housing inventory , and weaker housing affordability. However, most of the valuation mark-ups on mortgage servicing rights were taken in 2022, resulting in lower net servicing financial income in 2023.”

Valuation 448

Valuation Mortgage Inventory Marketing 448

Housing Wire

FEBRUARY 28, 2021

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. The company integrates with an existing brokerage website to provide homeowners with three valuations along with insight into the number of real estate buyer leads actively searching for a property just like theirs.

Real Estate 448

Real Estate Valuation Brokerage Clients 448

Housing Wire

NOVEMBER 13, 2020

Low mortgage rates and record-low housing inventory has driven home price increases throughout the year. Finding a solution to the housing inventory crisis, NARs Chief Economist Lawrence Yun said. lower than the total inventory at the end of Q3 last year. As of September 2020, there were enough homes in inventory to last 2.7

Inventory 539

Inventory Realtors Buyers Development 539

Appraisal Buzz

MAY 20, 2024

A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. Difficulty Finding Comps You might have difficulty finding comparable properties to base your valuation on in a buyer’s market. Divide houses sold in 30 days by the number of homes listed.

Appraisal 370

Appraisal Marketing Valuation Sellers 370

Housing Wire

SEPTEMBER 27, 2023

Valuations remain propped up by tight inventory , and inventories have tightened further year-over-year, according to Zillow’s smoothed count of active unique listings. For the nation as a whole, home values have hardly changed since August 2022 by Zillow’s estimation in its Home Value Index.

Home Value 448

Home Value Inventory Valuation Housing Market 448

Housing Wire

AUGUST 25, 2022

Between lack of inventory, record high prices, rising interest rates and significant affordability issues, challenges for the purchase and refi markets are leading to a time of opportunity for home equity lending. Making sure you know what combination of valuation products to use at the outset in each area can save a lot of time and money.

Lending 418

Lending Valuation Appraisal Process Appraisal 418

Housing Wire

MAY 14, 2024

The integration between search and valuation technology using computer vision and AI-powered tools will be strengthened by the new funding round, FinLocker executives said.

Tools 468

Tools Technology Valuation Development 468

Housing Wire

AUGUST 14, 2024

The deal is indicative of how details matter in a market like Denver where home-price growth has slowed dramatically after a surge in post-pandemic migration to the metro area caused valuations to rise sharply in a short period of time. Inventory in the city has also risen sharply, giving buyers more options and more leverage in negotiations.

Buyers 468

Buyers Housing Market Marketing Sellers 468

Housing Wire

DECEMBER 2, 2020

Low mortgage rates fuel the demand for valuation and settlement services. Active foreclosure inventory set yet another record low at 178,000 as well. As a result, the FHFA projects additional expenses of $1.1 billion will be borne by the enterprises due to the existing COVID-19 foreclosure moratorium and its extension.

Valuation 529

Valuation Mortgage Government Inventory 529

Housing Wire

AUGUST 5, 2021

How fine-tuning MSR valuations can help lenders improve decision-making. If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. But the low rates made little difference in the purchase market, as home prices continue to rise.

Mortgage 529

Mortgage Valuation Housing Market Renovations 529

Appraisal Buzz

JULY 10, 2024

Veros Real Estate, an enterprise risk management and collateral valuation company, has released it second quarter VeroFORECAST, which projects an average nationwide home price forecast for the forthcoming year. While rising inventory provides more options for buyers compared to that in 2023, prices remain stubbornly high.

Home Value 390

Home Value Inventory Housing Market Buyers 390

Housing Wire

SEPTEMBER 9, 2021

How fine-tuning MSR valuations can help lenders improve decision-making. If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. Treasury bonds and mortgage backed securities, the rise in COVID cases has cast doubt on that timeline.

Mortgage 493

Mortgage Valuation Home Value Inventory 493

Housing Wire

MAY 21, 2024

Research local market trends Stay informed about local market trends, such as inventory levels, demand, and median home prices. Use online valuation tools Though they’re not perfect, online valuation tools can offer estimates based on public records and algorithms.

Real Estate Agent 488

Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

APRIL 6, 2023

Independent mortgage banks (IMB) and mortgage subsidiaries of chartered banks received a disappointing sales report card for 2022, which was led by a rapid rise in mortgage rates , low housing inventory and affordability challenges.

Valuation 418

Valuation Mortgage Inventory Business 418

Housing Wire

MARCH 5, 2021

In a panel entitled “ The Brave New World of Valuations ” at HousingWire’s Spring Summit on March 4, Tony Reese and William Fall – chief appraiser at RPM Appraisal Services and CEO of The William Fall Group , respectively – tackled these subjects.

Appraisal 459

Appraisal Valuation Training Technology 459

Housing Wire

SEPTEMBER 12, 2023

With mortgage rates above 7%, historically low levels of housing inventory, defaults in commercial real estate, and a series of potentially onerous regulations to come, Mortgage Bankers Association President and CEO Bob Broeksmit said the trade group is doing all its can to influence policymakers.

Valuation 435

Valuation Finance Appraisal Lending 435

Housing Wire

JULY 29, 2022

Even though sellers’ median valuations in each of these housing markets grew by an astounding 40% or more over the previous year, only one market, Panama City, Florida, saw a year-over-year increase in the number of homes newly listed for sale. Naples-Immokalee-Marco Island, FL 53.0% -16.7% Bellingham, WA 51.7% -8.3% Santa Fe, NM 48.9% -4.7%

Housing Market 435

Housing Market Sellers Marketing New Listings 435

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

MARCH 15, 2024

Courtesy of the Mortgage Bankers Association “This year was exacerbated by the current lack of housing inventory and mortgage rates that increased to their highest levels of the year, keeping refinancings volumes low. Production gains and losses for IMBs and mortgage subsidiaries of chartered banks over the past five years.

Valuation 468

Valuation Mortgage Inventory Marketing 468

Housing Wire

AUGUST 18, 2022

The MBA attributed the losses to a rate rising environment and lack of housing inventory. June saw the largest single-month increase of for-sale inventory in 12 months and while it saw a record-low price appreciation, that wasn’t enough to stop a cool down in the housing market, according to a separate report from Black Knight.

Inventory 418

Inventory Mortgage Valuation Housing Market 418

Housing Wire

JUNE 24, 2022

The expansion comes as numerous mortgage tech vendors are feeling the pinch of a downmarket in which housing inventory is tight, reifs are shrinking and mortgage rates are surging. Tomo notched a valuation of $640 million after raising $40 million in Series A funding in March but wasn’t immune to the rapid rise in interest rates. .

Mortgage 417

Mortgage Retail Technology Lending 417

Housing Wire

NOVEMBER 8, 2023

California lender Guild M o rtgage reported an increased profit in the third quarter despite high mortgage rates and limited home sales inventory. We changed certain of our assumptions through enhancements to the models used in the valuation of our interest rate lock commitments and mortgage loans held for sale, which resulted in a $17.4

Retail 448

Retail Inventory Mortgage Valuation 448

Housing Wire

NOVEMBER 30, 2020

Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices. Pending home sales looks specifically at contracts that have been signed but where the transaction has not closed on sales of already existing inventory. Presented by: Fannie Mae.

Inventory 535

Inventory Realtors Contracts Development 535

Housing Wire

MARCH 22, 2021

Tune in April 6 to experience demos from the most innovative loan origination and valuation tech companies in the industry. HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely.

Mortgage 545

Mortgage Landlords Tenants Housing Market 545

Housing Wire

AUGUST 30, 2022

With the recent downturn in volume of new originations, many lenders are using this time to take inventory of the available tools geared toward risk mitigation and workflow optimization. If we look further towards property valuation, many concerns were exacerbated by the pandemic and a dwindling number of qualified valuation professionals.

Tools 435

Tools Lending Valuation Technology 435

Housing Wire

MAY 23, 2024

Housing inventory has also climbed from the low poitns of last year , although it remains well below pre-pandemic levels. Improved financial performance for retail lenders coincides with a more stable secondary mortgage market , which has seen spreads narrow since they peaked in fall of 2023.

Retail 476

Retail Mortgage Valuation Inventory 476

Housing Wire

AUGUST 28, 2023

In spite of the growing popularity of automated valuation models (AVMs), nearly all appraisers conducted their work in person, while 81% did so through desktop/drive-by appraisals, according to the survey. Other challenges Appraisers were much less likely to cite high demand for appraisals as a challenge compared to the year-earlier period.

Appraisal 370

Appraisal Logistics Valuation Appraisal Process 370

Housing Wire

DECEMBER 22, 2021

The report noted that home-price growth and a severe shortage of inventory worked in tandem to push housing values to record highs in 2021. How do remote valuation solutions benefit appraisers? homeowners gained a whopping $9.1 trillion of housing value over the last year, according to a report published by Redfin this week.

Home Value 448

Home Value Valuation Real Estate Housing Market 448

Housing Wire

NOVEMBER 3, 2020

COVID has contributed to the acute shortage of inventory as the pace of new construction slowed and older prospective sellers postponed listing their homes until after the pandemic. And if the economy’s recovery is sluggish next year, distressed sales may also add to market inventory,” said Frank Nothaft, chief economist for CoreLogic.

Inventory 497

Inventory Housing Market Construction Realtors 497

Housing Wire

FEBRUARY 22, 2024

Financial risk mitigation involves diligence, data analytics, and the expertise of VRM’s licensed real estate professionals , leveraging over 40 years of valuation data through its affiliate, PCV-Murcor. months as of December 2023), and implementing measures to moderate home price appreciation, fostering increased affordability.

Business 435

Business Marketing Real Estate Legal 435

Housing Wire

DECEMBER 26, 2023

The macro challenge: Still not much inventory Analysts unanimously agree that inventory will continue to be a significant issue entering 2024. ” George agrees that inventory will remain a problem. Given these distinct macro forecasts for 2024, what should originators keep in their playbook for next year?

Mortgage 516

Mortgage Inventory Marketing Finance 516

Housing Wire

OCTOBER 1, 2022

Another issue with appraiser competency could be appraisers’ apparent lack of familiarity with valuation tools. Survey respondents were most comfortable with desktop appraisals and least comfortable with automated valuation models (AVMs).

Appraisal 418

Appraisal Real Estate Agent Valuation Training 418