Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. Contrast that to the time from 2008 to 2012 when this data line trended at 250,000 to 400,000 per week. Demographics also play a role here.

Inventory 444

Inventory Law New Listings Sellers 444

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. If you had asked me about gentrification in Newark in 2012 and 2013, I would have told you I’m not worried about gentrification; we just need to get properties re-occupied. Seeking new inventory sources.

Buyers 339

Buyers Development Renovations Retail 339

Housing Wire

JANUARY 8, 2024

To the buyer of an $800,000 home putting down 20%, the mortgage savings would be roughly $500. If buyers try to time their home purchase to the return of record-low rates and the historically low rates don’t return, their wait could prove costly. Since 2012, the average rate has been 7.7%. million in 20 years.* 1 non-QM lender?

Lending 386

Lending Development Investors Finance 386

Housing Wire

OCTOBER 24, 2023

Agent-client collaboration platform RealScout announced the launch of RealScout Pro+ on Tuesday, the first significant update to the platform since it was founded in 2012. “It It was a long time coming,” Andrew Flachner , RealScout’s co-founder and president, said. “We

Sellers 351

Sellers Home Value Client Relationships Agents 351

Housing Wire

OCTOBER 4, 2023

Originators who primarily served move-up buyers with high credit scores and strong down payments are struggling to find clients. Most years that number is closer to 30%, said Ullmann, who’s been an LO since 2012. They are staying busy relative to the market,” Ullmann said.

Loan Officers 441

Loan Officers Mortgage Finance Buyers 441

Inman

JULY 11, 2023

Annual home price growth fell below 2 percent for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic.

Sellers 133

Sellers Buyers Mortgage Marketing 133

Housing Wire

JUNE 28, 2022

growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. This is because the biggest buyers of homes are mortgage buyers. The S&P CoreLogic Case-Shiller Home Price Index just recorded 20.4%

Housing Market 458

Housing Market Marketing Inventory Investors 458

Housing Wire

JANUARY 9, 2023

Buyer behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these buyers depend heavily on them accurately anticipating what the retail market will look like in the next six to 12 months. percent, according to ATTOM Data Solutions.

Retail 473

Retail Sellers Buyers Market Value 473

Housing Wire

OCTOBER 12, 2021

The index benchmarks to 100 in March 2012; a higher number portends more mortgage credit availability. According to Joel Kan, MBA’s associate vice president of economic and industry forecasting, despite elevated rates of home-price appreciation, lenders are offering a wider range of loans to accommodate qualified buyers.

Government 504

Government Mortgage Investors Buyers 504

Appraisal Buzz

OCTOBER 6, 2021

is making it easier for low-income residents in Houston to save up for a down payment by offering $15,000 down payment assistance grants to help get prospective buyers into a home. The program, started in 2012, has been launched 83 … The post Wells Fargo To Assist 300 Homeowners With Down Payments appeared first on theMReport.com.

Buyers 195

Buyers Appraisal 195

Housing Wire

OCTOBER 4, 2023

And that is our concentration, working with homeowners that we’ve already made a home equity investment with, not your traditional brokerage going out there trying to find buyers and sellers.” However, having lived through 2008 to 2012, Cantrell is leery about the notion that home prices always go up.

Brokerage 394

Brokerage Real Estate Investing Sellers 394

Housing Wire

JULY 12, 2022

A decline of the index, benchmarked to 100 in March 2012, indicates lending standards are tightening, while an increase suggests loosening credit. . With higher rates and elevated home prices, more prospective buyers are applying for ARMs, but activity remains below historical averages,” Kan said. The conventional MCAI rose 1.2%

Mortgage 384

Mortgage Government Inventory Lending 384

Housing Wire

JANUARY 13, 2021

. “Both conventional and government refinance applications increased, with applications for government loans having their strongest week since June 2012.”. “This is a positive sign of more lower-income and first-time buyers returning to the market,” Kan said. decrease from last week. from 10.1% the week prior.

Mortgage 504

Mortgage Contracts Government Buyers 504

Housing Wire

JANUARY 31, 2023

result in March 2012). Economic weakness, including the possibility of a recession, would also constrain potential buyers. Mortgage rates fell throughout January, prompting more buyers to view properties and make offers. Interestingly, home prices in San Francisco were down by -1.6% decline in October 2019,” Lazzara said.

Housing Market 414

Housing Market Contracts Buyers Marketing 414

Housing Wire

MARCH 22, 2023

What does it mean for buyers, sellers? The good news is that the continued strength of the job market means that both sellers and buyers are still in a favorable financial position heading into the spring housing market, Jones noted. in February from the previous year to $363,00 — the first year-over-year decline since February 2012.

Mortgage 393

Mortgage Sellers Buyers Housing Market 393

Housing Wire

AUGUST 30, 2022

This means all those men and women since 2012 who have been saying its housing 2008 all over again on their YouTube , Twitter, Facebook and other social media outlets simply don’t have the proper training to talk about housing economics. crash, especially from 2012-2019. It hasn’t worked since 2012 for a reason.

Inventory 384

Inventory New Listings Law Housing Market 384

Housing Wire

JANUARY 16, 2024

Younger generations have also faced rising affordability challenges, as home values have risen four times faster than incomes of the last several decades, according to Redfin, which has made it harder for both millennial and Gen Z buyers to purchase a large home as they are less likely to have equity from the sale of a previous property.

Inventory 464

Inventory Home Value Mortgage Buyers 464

Housing Wire

OCTOBER 18, 2023

The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission class action lawsuit included plenty of insights into how the plaintiffs are approaching what is expected to be a battle royal. When you reduce the commission, you reduce the incentive for that agent to bring a buyer to your house.

Agents 431

Agents Training Real Estate Real Estate Agent 431

Housing Wire

NOVEMBER 9, 2022

Post-2012, whenever mortgage rates rise, existing home sales always trend below 5 million. Homeowners are in a better financial situation now, they live in their homes longer and longer, so the inventory channels have been much different post-2012. We saw this happen in 2013-2014 and 2018-2019.

New Listings 494

New Listings Inventory Housing Market Sellers 494

Housing Wire

NOVEMBER 19, 2020

Cash buyers remain at a historically high level of 19%, the same as last year, while sales grew 26.6% Existing home sales came in at a whopping 6,850,000 , beating estimates with the highest print since 2006. Days on market fell from 36 days to 21 days on a year-over-year basis. year over year. The housing market is hot.

Housing Market 545

Housing Market Marketing Inventory Buyers 545

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 320

Real Estate Brokerage Buyers Property Management 320

Housing Wire

APRIL 23, 2021

Homes sold in March were on the market for 21 days, per the report, the shortest period between listing and sale since 2012. The result, Fairweather said, is a cycle with no sign of letting up, where “Buyers are scrambling to complete for the limited number of homes on the market, which continues to drive home prices up to new heights.”.

Inventory 441

Inventory Housing Market Realtors Marketing 441

Housing Wire

MAY 19, 2022

Spoiler: If you haven’t realized that the housing market since 2012 has been trolled out by professional grifters who don’t ever forecast sales, that is on you. We have been through a lot of drama since 2012, especially the drama in 2020, 2021 and 2022. The job-loss recession added more forced credit selling into the mix.

Housing Market 524

Housing Market Marketing Inventory Realtors 524

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., ” The annual home price growth rate fell to 1.94% in February, hitting a rate below 2% for the first time since 2012.

Inventory 397

Inventory New Listings Housing Market Mortgage 397

Housing Wire

JUNE 9, 2022

A decline of the index, benchmarked to 100 in March 2012, indicates lending standards are tightening while an increase suggests loosening credit. These worsening affordability challenges have been particularly hard on prospective first-time buyers,” he said. The post Mortgage credit availability falls 0.9%

Mortgage 372

Mortgage Government Inventory Lending 372

Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. She also said that HomeService’s guidelines state that listing brokers need to compensate buyer brokers only when the property is in the MLS. Goldberg testified that while there are roughly 2.5

Law 430

Law Agents Realtors Contracts 430

Housing Wire

NOVEMBER 25, 2020

Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. The data shows 30% of all properties purchased via online REO auction in Allen County were to out-of-state buyers, ranking 36th highest among 198 U.S. 75% out-of-state buyers); Calhoun County, Ala. (60%);

Real Estate 545

Real Estate Investors Marketing Buyers 545

Housing Wire

JUNE 22, 2021

For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist.

Inventory 420

Inventory Buyers Realtors Housing Market 420

Housing Wire

APRIL 26, 2021

In looking at more than 400 metros, Redfin found that homes sold during a four-week period ending April 18 were on the market for a median of 21 days, the shortest time on market since 2012. That’s also 16 days fewer than the same period in 2020. And 45% of homes sold for more than their list price, another an all-time high.

Sellers 458

Sellers Housing Market Marketing Buyers 458

Housing Wire

MARCH 18, 2022

After 11 years of listening to people talk about housing crashing from 2012-2022, you have to ask yourself who is the bigger fool: the fool, or the fool who follows them? As you can see from this NAR report, cash buyers as a percent of sales is slightly lower now than levels in 2016. A significantly older man named Ben said that.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Padove Appraisal Service

DECEMBER 10, 2022

We have seen a combination of few homes offered for sale, and strong buyer demand. Buyers have had difficulty finding a home to purchase at any price. The higher cost of financing a home pushed some buyers out of the market. It also includes the demand side, in the number of homes buyers are willing to purchase.

Marketing 147

Marketing Inventory Buyers Sellers 147

Housing Wire

FEBRUARY 9, 2023

At the end of the fourth quarter, the index stood at its lowest level since the NAHB began tracking the data on a consistent basis in 2012. Housing affordability hit a record low in the fourth quarter of 2022, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released Thursday.

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Supply Chain Housing Market Marketing Mortgage 370

Housing Wire

OCTOBER 16, 2020

Since 2012, the median sale price of homes in ZIP codes with a low wildfire risk has increased 101% compared to an 88% increase for homes in high-risk ZIP codes, per a Redfin analysis of the housing market and U.S. More than 4.5 trillion, a new Redfin report said.

Housing Market 467

Housing Market Home Value Contracts Marketing 467

Housing Wire

JANUARY 27, 2022

After Hurricane Sandy in 2012, Congress increased NFIP’s borrowing limit to $30.5 But Fannie Mae , the government-sponsored entity that backstops a significant portion of the country’s mortgages, does not seek an exception to the 1974 Federal Privacy Act. billion, according to the Congressional Research Service.

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Insurance Government Law Real Estate Agent 377

Housing Wire

AUGUST 21, 2020

The second part of this story that folks seem to forget is that the existing home sales market only needs 4 million mortgage buyers a year to remain stable. Note too, that the housing market for the last many years has been composed of 15-20% cash buyers – that is a big chunk of buyers that don’t need a mortgage in order to purchase.

Housing Market 544

Housing Market Mortgage Buyers Marketing 544

Housing Wire

MAY 9, 2022

housing market is more tied to mortgage buyers. Unlike those two cities in Canada, we aren’t as reliant on foreign buyers to such a great extent. foreign buyers have always been less than 300,000 of total home sales for many years. The housing crash premise that home prices have to go back to 2012 levels is crazy.

Buyers 530

Buyers Housing Market Mortgage Marketing 530

Housing Wire

NOVEMBER 18, 2022

NAR Research : First-time buyers were responsible for 28% of sales in October; All-cash sales accounted for 26%; Individual investors purchased 16%; Distressed sales represented 1% of sales; Properties typically remained on the market for 21 days in October. Now we are getting the call back to balance, which is good.

Inventory 473

Inventory Marketing Housing Market New Listings 473