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. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

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Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

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Housing Wire

JANUARY 5, 2021

SimpleNexus , a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding around. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments.

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Housing Wire

AUGUST 23, 2021

The National Association of Realtors reported 5.99 million home sales for July, which was an excellent beat of estimates and a dagger into the hearts of the 2021 housing crash crew. Mother demographics and low mortgage rates , two things that have been transparent to human beings for a long time, are powerful economic forces.

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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.

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Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Housing Wire

FEBRUARY 12, 2021

Tech giant Blend ‘s CEO and Co-founder Nima Ghamsari will join other housing luminaries at HousingWire’s Spring Summit March 4 to discuss mortgage disruption and what’s coming down the road for those in housing. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders.

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Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. The low amount of existing homes left on the market continued to experience overheated prices from consistent competition. The median existing-home price for all housing types in May was $350,300, up 23.6% 9% from April to 5.8 from May 2020 ($283,500).

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Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 million , that would mean it’s a good year for housing demand. Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market. million and 6.2

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Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Navigating appraisal challenges in today’s housing market. Presented by: PCV Murcor. And appraisal waivers would be informed, not blind.

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Housing Wire

MAY 17, 2022

During her visits, one thing stood out to Golding, who served as the Department of Housing and Urban Development ’s principal deputy assistant secretary from 2015 to 2017. With her nearly two decades of experience in the housing industry, Gordon secured Biden’s nomination to lead the federal agency. President Joe Biden clearly agreed.

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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%.

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Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. Will Springer, Realtor®. A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’.”.

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Empire Appraisal Group

MAY 25, 2023

has 6 of Top 10 Price-Increase Metros | Florida Realtors FHFA: Fla. has 6 of Top 10 Price-Increase Metros By Kerry Smith The FHFA House Price Index in 4Q 2022 found an 8.4% Quarter-to-quarter, house prices rose 0.3% (4Q 2022 compared to 3Q 2022). © 2023 Florida Realtors® The post FHFA: Fla. year-to-year rise – but 20.1%

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Empire Appraisal Group

OCTOBER 28, 2021

USA TODAY spoke to eight experts to find out if a housing crash is on the horizon. For one, they say the housing market in 2021 is not like the boom-bust cycle leading up to the Great Recession. Stronger mortgage market. mortgages were in forbearance. The short answer? Forbearance programs.

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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. In a market this competitive, a seller has an advantage.

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Houston Properties

OCTOBER 1, 2021

See why the 2020-2021 housing market saw a boom during a year of human misery. The areas where it is now cheaper to buy a house are neighborhoods that have flooding history. Contact me for a list of recommended mortgage providers and what (who) to avoid. Best Realtors In The Suburbs. We have great lenders.

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Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. For the broad Houston real estate market, all major indicators point to growth during the year.

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Will Springer Realtor

AUGUST 11, 2023

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. For context, a full 40% of Baby Boomers and Gen Xers were homeowners by the time they reached 36.

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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.

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Will Springer Realtor

FEBRUARY 9, 2022

“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. People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. market in the last decade, reported FilterBuy.com. . >>

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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. This is incredibly beneficial for consumers. SCAM ALERT.

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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. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. Icon is on a mission to change the way we house the homeless and others.

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