Remove 2010 Remove Contracts Remove Inventory Remove Lending
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Catch the No. 1 purchase mortgage originator on stage at HW Annual 2023

Housing Wire

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? HousingWire: What do lending executives need to understand when it comes to supporting top producers? MW: As far as the inventory levels go, this is something that I’ve been focusing on and specializing in for years.

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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. Another reason why distressed sales are likely low, is that lending standards remain tight. It is difficult to obtain a mortgage today.

Realtors 377
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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.

Agents 383
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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

Total inventory remains low, however, keeping prices higher on an annual basis. Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). months’ inventory, up from 1.4 months’ inventory (2.0 Single-family inventory rose to 1.6 King had 1.8

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The Apple Peeled - Ask the Experts: Market Dynamics with Jonathan Miller

Miller Samuel

Miller measures listing discount by the percent difference between the contract price and the price that the property was listed for sale at the time of contract – not when it was first listed). Overall inventory is up by about 17%, with a significant amount of supply coming from the studio and 1-bedroom market.

Marketing 221
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How owner finance investing works and how to navigate it (with Brandon Smith, 13+ years of investing and lending experience) – Real Estate Real Fast EP9

Listing Spark

Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. Where can you find good sources of lending. “I think what people are doing right now is they’re keeping inventory down.

Finance 36
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Seattle Area Housing Market Remains Not for the Faint of Heart

Will Springer Realtor

King County’s 1474 monthly home sales is the lowest for any November since 2010 (1331) – in the middle of the housing crisis. Notably, the Eastside saw a 25% decline in Pending sales (homes under contract) but are still 9.2% Months of inventory for single-family homes was flat at 1.7 (or Inventory was at 1.9 higher YoY.