Housing Wire

OCTOBER 1, 2022

Mortgage interest rates have risen quickly in the past few months further eroding affordability. Another reason why distressed sales are likely low, is that lending standards remain tight. It is difficult to obtain a mortgage today. The real estate market has shifted, and we are in a new housing paradigm.

Realtors 377

Realtors Housing Market Marketing Buyers 377

Housing Wire

AUGUST 30, 2022

Nor can we ever have a credit sales boom again with lending standards back to normal. One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. However, we haven’t had a credit sales boom like the one we saw from 2002-2005. million listings.

Inventory 381

Inventory New Listings Law Housing Market 381

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. Meanwhile, sellers are anchored to another market completely, he said. In 2018 the discount was 5.2%.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

DECEMBER 7, 2020

Quicken Loans Mortgage Services is proud to partner with a diverse set of brokers, which broadens the pool of potential clients they serve together. Presented by: Quicken Loans Mortgage Solutions. While there is some overlap with state agency data, FHA mortgage lending has become increasingly reliant on DPA as well.

Law 481

Law Government Finance Mortgage 481

Will Springer Realtor

FEBRUARY 13, 2024

Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). The true barometer will be measured by the number of homeowners who enter the market this year – depending on lending rates and personal factors. That’s a whopping 134% more than December and a solid 7.0%

New Listings 54

New Listings Buyers Inventory Lending 54

Housing Wire

DECEMBER 20, 2021

While the family’s income has been cut by almost half and inflation has increased their expenses, Wilen’s primary concern is his mortgage. mortgage for 12 months, and the county where he lives paid three months of his mortgage bill as part of an assistance program. He is afraid of losing his home.

Mortgage 317

Mortgage Government Contracts Insurance 317

Clear Capital

OCTOBER 28, 2022

It also featured Allen Middleman, senior vice president at Freedom Mortgage; A.B. men’s olympic basketball team from 2006 to 2010. The pair discuss Luke’s background, his journey to founding Clever Real Estate, how Clever’s platform helps homebuyers and sellers alike, and more. Brent Nyitray, CFO at Ark Mortgage.

Real Estate 36

Real Estate Lending Sellers Mortgage 36

Listing Spark

DECEMBER 15, 2022

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. It usually involves wrapping the existing mortgage and obtaining title insurance from a title company.

Finance 36

Finance Investing Real Estate Lending 36

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. home sales – 3.79M on an annual basis through October – is at a low not seen since August 2010.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

AUGUST 8, 2023

Homeowners typically buy a home by getting a mortgage, with the property functioning as collateral. The mortgage holder is expected to make timely payments and, failing that, the home could be seized by the lending institution in a foreclosure. The rental income can help pay the mortgage.

Legal 36

Legal Law Mortgage Real Estate 36

Will Springer Realtor

DECEMBER 12, 2023

The optimism comes from signals in economic data that show improving conditions and a likely end to rising mortgage rates in the coming months – a story that we are all looking forward to reading. King County’s 1474 monthly home sales is the lowest for any November since 2010 (1331) – in the middle of the housing crisis.

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Will Springer Realtor

OCTOBER 10, 2023

Total sales dropped 16% (1823) since August and 22% year-on-year (YoY) for the entire county – the fewest sales for a September since 2010 (1488). The latest number is considered unaffordable by common lending standards, which call for a 28% debt-to-income ratio and it marks the highest level since 2007. on the year. than 7.0%. “The

Buyers 64

Buyers Inventory Sellers Housing Market 64

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. The higher the rate, the better the chances of increased financing costs on everything from credit card debt to car loans and, indirectly, mortgages. Unlikely. “I

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. sales in September, 29% of them were paid with cash (no mortgage), below the peak of 35% in 2011.

Inventory 36

Inventory Buyers Sellers New Listings 36

Appraisal Today

SEPTEMBER 15, 2023

2023) Updated August 2, 2023 Excerpts: Fannie Mae and Freddie Mac (government sponsored enterprises or GSEs) published their Appraiser Independence Requirements in October 2010. No one is allowed to provide a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer?

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Appraisal Today

MARCH 31, 2023

And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market. Mortgage Lending In Q4 Hit Lowest Point Since 2014 Refinance mortgage originations hit low point this century.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Will Springer Realtor

MAY 9, 2022

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. home prices, up 14% year over year (YoY) by one measure, and escalating mortgage rates, which have risen about 2.1 That was within the 28% ceiling considered affordable by common lending standards.

Architecture 36

Architecture Design Buyers Construction 36