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 287

Real Estate Brokerage Buyers Property Management 287

Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. Supply is expected to improve, which will give buyers more options and help tamp down record-high asking prices for existing homes.”. 9% from April to 5.8

Inventory 393

Inventory Buyers Realtors Housing Market 393

Housing Wire

JANUARY 27, 2022

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. After Hurricane Sandy in 2012, Congress increased NFIP’s borrowing limit to $30.5 Two of the most powerful U.S. billion in reinsurance payments.

Insurance 335

Insurance Government Law Real Estate Agent 335

Housing Wire

SEPTEMBER 23, 2022

Stick around and see if mortgage rates climb into the 7% range. Mortgage-backed securities are right about the worst place on the duration spectrum for this move. Mortgage-backed securities are right about the worst place on the duration spectrum for this move. .” Blake Bianchi, CEO of Future Mortgage.

Housing Market 366

Housing Market Marketing Mortgage Buyers 366

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. As mortgage rates rose more and more, the October to January data was going to show big negative prints.

Inventory 458

Inventory Marketing Housing Market New Listings 458

Housing Wire

MAY 18, 2023

Instead, active listings are near all-time lows, which wasn’t the case from 2012-2019. Since purchase application is very seasonal, and that seasonality is almost done after May, we should now be watching mortgage rates. Mortgage rates moving up and down have moved the market. million, up from 1.03 million last year.

Housing Market 523

Housing Market Marketing Inventory Mortgage 523

Housing Wire

JANUARY 20, 2022

The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 From NAR: In the last few months of the year, existing home sales have been outperforming my sales ranges noticeably, and I talked about how sales could moderate, but mortgage demand ended 2021 on a solid note.

Inventory 453

Inventory Housing Market Marketing Mortgage 453

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 It’s the same reason I have given for many years: the American bears who are typically housing crash addicts can’t read data correctly, and the mortgage purchase application data just proved my point once again. million and 6.2

Inventory 451

Inventory Housing Market Investors Marketing 451

Housing Wire

AUGUST 3, 2023

Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors. In a recent earnings call, Sheryl Palmer, chairman and CEO of national homebuilder Taylor Morrison , said about two-thirds of homeowners now have mortgage interest rates below 4%.

Construction 362

Construction Development Finance Mortgage 362

Housing Wire

MAY 17, 2022

Gordon already possessed a vast knowledge of the workings of the Federal Housing Administration , a complex agency within HUD, and the government’s premier mortgage financing product serving first-time homebuyers and borrowers of color. “I I always used to joke with her that she knew more about the program than I did,” Golding said.

Insurance 306

Insurance Development Housing Market Mortgage 306

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). An index score of 100 means that a buyer with a median U.S.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s That’s a triple whammy hitting potential homebuyers,” notes Len Kiefer, deputy chief economist at Freddie Mac, which buys many of our mortgage loans from lenders.

Buyers 36

Buyers Law Inventory Development 36

Eppraisal

APRIL 12, 2022

." There has been a backlog of buyers for a couple years now. Who are these buyers and which generations are they coming from? Millennial Home Buyers The largest group of home buyers today are the Millennials, also known as Generation Y.  These Gen Z members were born between 1997 to 2012.

Home Value 36

Home Value Real Estate Buyers Realtors 36

Annarbor Appraisal

APRIL 9, 2020

Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. Price increases both with single-family houses and condominium units started in 2012 in earnest. Year to year trends. On this date, our world changed even further.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Empire Appraisal Group

OCTOBER 28, 2021

In the years before 2008, mortgage lenders made subprime loans to borrowers without verified income or adequate down payments while pushing risky loan products. Stronger mortgage market. It was a complete erosion and deterioration of credit underwriting standards in the economy, in the mortgage market,” he says.

Inventory 78

Inventory Housing Market Construction Real Estate 78

Will Springer Realtor

JUNE 6, 2023

The portion of American adults who identify as LGBTQ+ is 7.2%, double the figure since 2012. Most prospective buyers use one of the large real estate search engines and filter their criteria to narrow the number of potential homes to check out. That’s 24M Americans, including 19.7% Gen Z and 11.2% Millennials who identify as LGBTQ+.

Real Estate 36

Real Estate Realtors Buyers Legal 36

Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. A bright spot for buyers: Active listings for all homes as of Jan. That is the lowest annual figure since 2012 (27,601), according to MLS data. Two are excellent guideposts for home purchases: Mortgage applications and Pending sales. I hope you enjoy reading this monthly report.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Best Houston Realtors: Paige Martin & The Houston Properties Team. Best Houston Realtors: Paige Martin & The Houston Properties Team.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. Low rates may lower a monthly mortgage payment, making now an ideal — and affordable — time to trade up or downsize. Am I better off waiting to buy? For educational purposes only.

Clients 62

Clients Sellers Loan Officers Real Estate 62

Houston Properties

MARCH 23, 2022

Fixed-rate mortgages are paid back in “cheaper dollars”. Benefit #2: Fixed Rate Mortgages Paid Back in “Cheaper Dollars”. Benefit #2: Fixed Rate Mortgages Paid Back in “Cheaper Dollars”. Anyone with large, fixed-rate debts like mortgages benefit from higher inflation. Inflation Explained. What Is Driving This Inflation?

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Houston Properties

OCTOBER 1, 2021

Contact me for a list of recommended mortgage providers and what (who) to avoid. Contact Paige Martin at Paige@HoustonProperties.com for great mortgage banking recommendations. Contact Paige Martin at Paige@HoustonProperties.com for great mortgage banking recommendations. Best Realtors In The Suburbs. Get PDF Now.

Real Estate Agent 41

Real Estate Agent Realtors Real Estate Agents 41

Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). Housing affordability decreased in 45 of the 50 states from 2012 to 2019. percentage points.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

DECEMBER 8, 2021

GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. The federal guarantors of most consumer mortgages have agreed to raise the borrowing limits on 30-year conforming loans. Clair via email or phone (206-934-5449). SCAM ALERT.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. Rainier-esque peak of a decade past! Thank you, Millennials!

Real Estate 36

Real Estate Inventory Buyers Construction 36