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Survey: Nearly 90% of homeowners are worried about selling

Housing Wire

Among those with mortgages, 47% reported having locked in an interest rate below 4%. Economic uncertainty also plays a role in sellers’ hesitation, with 29% saying they would delay selling in the event of a major downturn. And 30% of this group expressed concerns about losing their current rate if they sell their home.

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Re-thinking property tax reporting can help meet lenders’ need for speed

Housing Wire

With lender partners investing billions in point of sales (POS) solutions enhancements and digital mortgage processes, the title industry and its critical suppliers, e.g. appraisal management companies, are increasingly feeling the need for speed and fast product delivery. Digitizing Property Tax Reporting.

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Home sellers are returning to the market

Housing Wire

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising. orate further?

Sellers 508
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How realtors can leverage micro-market shifts to drive urgency and capitalize on opportunities in a challenging market

Housing Wire

With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Shallis, with over three decades of experience in the real estate industry has helped realtors, buyers, and sellers navigate all types of market conditions.

Realtors 370
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Who Is Buying Homes in Disaster-Prone Areas? 

Appraisal Buzz

For the study, Redfin analyzed climate risk scores from First Street, and Home Mortgage Disclosure Act (HMDA) data covering mortgage originations for primary homes. Florida is a top retirement destination in part because it doesnt tax retirement income. of purchases by people under 35. That compares 59.2%

HOA 392
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Inventory growth is slowing. Are sellers backing off?

Housing Wire

Sellers can just wait it out, and it looks like the U.S. I think it’s worth examining if sellers will indeed just wait it out now. If mortgage rates jump in late summer, we would see another boost in unsold inventory. That is 13% more sellers than last year at this time, but it’s not expanding any more this summer.

Inventory 440
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Lock-In Effect Fueling Americans’ Hesitancy to Let Go of Their Homes  

Appraisal Buzz

There are several significantreasons why home sales are at historically low rates, including: Elevated mortgage rates: The rates accessible this year, which peaked at 7.52% in April, are much higher than the 5% rate that more than three-quarters of mortgaged U.S. homeowners have obtained.