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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

Fannie Mae’s program, which began earlier this year, is part of its ongoing efforts to modernize the valuation component of the mortgage industry. SingleSource has been providing valuation services nationwide since 2000 and nationwide field services and inspection services since 2006.

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Lower mortgage rates are stabilizing the housing market

Housing Wire

What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Only from 2006-2011 did we see this break due to forced sellers who couldn’t buy homes.

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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

HousingWire recently sat down with Polly CEO Adam Carmel to discuss how lenders can break old habits and redefine the mortgage process through innovation and modern, advanced technology. How should the current market impact lenders’ tech adoption? Presented by: Polly. million in 2022 and 3.93 million in 2023. “Due

Contracts 414
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Gary Keller: Good agents will still thrive in a stormy market

Housing Wire

In modern times I think that number is more around 4 million, so I don’t think we have anything shocking in the real estate space.” In 2006 we were 21% above the trend line and now we are only 7%. “If you look at the trend line, given the overall economy, there is not a whole lot of room to go, to get to the bottom,” Keller said.

Agents 347
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What’s next after a historic housing boom?

Housing Wire

“We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman. 2021 is projected to have the most home sales since the 2006 housing bubble, with the U.S. on pace for 6.29

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Opinion: Can tech and iBuyers fix the real estate market?

Housing Wire

Similarly, companies like Zillow and Trulia launched in 2005 and 2006 as “real estate search engines” to help buyers more easily find a home online. For instance, Opendoor was founded in 2014 to make buying a home more efficient – or as they say “reinvent life’s most important transaction.”

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How lenders can continue to serve borrowers despite housing affordability challenges

Housing Wire

HousingWire recently spoke to Finance of America Mortgage President Bill Dallas about viable alternative options for homebuyers and the innovative products FAM offers to meet the unique financial needs of today’s modern borrowers. HousingWire: What are the current challenges when it comes to affordable housing?

Finance 334