Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000.

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Mortgage Loan Officers Lending Retail 330

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Gault and Wexler both came from real estate families and have been in the industry for over 20 years.

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Real Estate Agent Real Estate Agents Brokerage 367

Housing Wire

JUNE 8, 2023

It alleviated some pressure on mortgage rates, which declined over the past week. But uncertainties over the Federal Reserve ‘s (Fed) next steps are keeping mortgage rates high, with the 30-year fixed mortgage rate above 6.5% Other indexes show mortgage rates even higher. for the third consecutive week. ”

Mortgage 371

Mortgage Investors Inventory Housing Market 371

Housing Wire

APRIL 29, 2021

Though homes in contract are not always closed, the index figure is a strong indication that home sales will rebound in the coming months after an inventory-induced decline. relates to a baseline of 100 that the NAR put together in 2001. “By An index based on 2001 figures shows historic shifts in population. What is this index?

Contracts 414

Contracts Inventory Construction Realtors 414

Housing Wire

SEPTEMBER 21, 2023

Real estate experts reiterated caution against further rate increases. In an elevated rate environment, the lack of inventory continues to be the biggest challenge for many potential buyers, the Mortgage Bankers Association said. in 2024 and 5.1%

Real Estate 364

Real Estate Mortgage Buyers Inventory 364

Housing Wire

JULY 29, 2021

An index of 100 is equal to the average level of contract activity during 2001, the first year examined. The volume of existing-home sales in 2001 was within the range of 5 to 5.5 ” Yun said he expects the 30-year fixed mortgage rate to increase to 3.3% Mortgage applications increased 5.7% rise from a year ago. .

Marketing 433

Marketing Buyers Realtors Real Estate 433

Housing Wire

APRIL 27, 2023

An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. In addition, NAR forecasts that mortgage rates will drop to 6.0% year over year. in 2023 and 5.6% year over year in 2023 to 1.44

Inventory 383

Inventory Realtors Contracts Construction 383

Housing Wire

JUNE 29, 2023

An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory continues to prevent housing demand from being fully realized.” Yun, however, is optimistic about the impact increased housing starts and homebuilder confidence will eventually have on housing inventory. “It

Contracts 306

Contracts Inventory Housing Market Realtors 306

Housing Wire

SEPTEMBER 28, 2023

An index of 100 is equal to the level of contract activity in 2001. Mortgage rates have been rising above 7% since August, which has diminished the pool of home buyers,” Lawrence Yun, NAR chief economist said. For others, the higher mortgage rates and general economic uncertainty are simply making them more cautious.”

Housing Market 412

Housing Market Contracts Government Buyers 412

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. It’s worth noting that there will be less inventory until the end of the year compared to the summer months, which happens nearly every year.”. Top markets for affordable renovated housing inventory.

Inventory 414

Inventory Renovations Contracts Buyers 414

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Housing inventory issue with no booming demand. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5

Inventory 380

Inventory New Listings Law Housing Market 380

Housing Wire

JULY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. The trade association forecasts the 30-year fixed mortgage rate to close at 6.4% With consumer price inflation calming close to the Federal Reserve’s desired conditions, mortgage rates look to have topped out,” Yun added. this year and then decline to 6.0%

Construction 336

Construction Inventory Realtors Housing Market 336

Housing Wire

SEPTEMBER 29, 2022

An index of 100 is equal to the level of contract activity in 2001. The direction of mortgage rates – upward or downward – is the prime mover for home buying, and decade-high rates have deeply cut into contract signings,” Lawrence Yun, NAR’s chief economist, said in a statement. “If year over year in 2022, to 5.19 million units.

Contracts 327

Contracts Realtors Inventory Marketing 327

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. If you look at equity markets, real estate is the last man standing.”. From Real Estate’s Frontlines. More Conservative Offers & Buy Box.

Housing Market 380

Housing Market Buyers Marketing Retail 380

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. in 2001 to 44.8% The need for change in current mortgage underwriting guidelines.

Insurance 364

Insurance Construction Government Lending 364

Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager.

Inventory 54

Inventory Sellers Buyers Contracts 54

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Review current Houston real estate data & lessons from past hurricanes and trends. For the broad Houston real estate market, all major indicators point to growth during the year. Concerned about a housing market crash?

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Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

AUGUST 18, 2023

The media coverage focuses on real estate agents having difficulty showing homes, etc. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Varies widely around the country. == Mortgage applications decreased 0.8 But appraisers need other information.

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. garage as well. Meanwhile, Ms.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ The GSEs started keeping track in 71.

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Insurance Appraisal Contracts Mortgage 79

Appraisal Today

JUNE 10, 2022

The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. How to get referrals from real estate agents. Purchase vs. refi appraisals.

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Appraisal Contracts Business Mortgage 52

Will Springer Realtor

DECEMBER 12, 2023

Scott Real Estate. It was a year of gyrating mortgage rates and stubbornly high home prices. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. Here is the scheduled link to the story – Expectations for 2024 in Seattle/King County Real Estate.

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. A year later, the same real estate consultancy estimates the number has expanded to 2.1M, a jump of 24%.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

AUGUST 9, 2021

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. million housing units since 2001. The National Association of Hispanic Real Estate Professionals also noted the median age of the Latino population is 29.8,

Construction 36

Construction Inventory Property Taxes Development 36