Housing Wire

FEBRUARY 29, 2024

Bureau of Labor Statistics from 2013 to 2023. This has the potential to add even more economic pressure for prospective buyers looking for homes in these parts of the country, the analysis stated. The impact is likely to be most felt in the nation’s largest metro areas.

Inventory 383

Inventory Supply Chain Construction Buyers 383

Housing Wire

AUGUST 1, 2023

Foreign buyers purchased $53.3 Foreign buyers closed on 84,600 properties, down 14.2% and higher borrowing costs across the world have dented international buyers for two straight years,” said NAR chief economist Lawrence Yun. The increase in prices for foreign buyers reflects the increase in U.S. billion worth of U.S.

Buyers 345

Buyers Realtors Real Estate Inventory 345

Housing Wire

NOVEMBER 16, 2023

Home builders have been able to temper this high-rate environment by offering buyers rate buydowns and other incentives,” Joel Kan, MBA’s vice president and deputy chief economist, said in a statement. “We FHA applications reached highest share of new-home applications since 2013 In October, FHA applications represented 26.3%

Mortgage 426

Mortgage Construction Inventory Buyers 426

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 330

Buyers Development Renovations Retail 330

Housing Wire

APRIL 21, 2022

It’s a different story in the non-distressed retail market, where the large institutional buyers are crowding out both owner-occupant buyers and local real estate investors, according to Kerr, who is president of locally based Mid South Home Buyers. Bulk Buyer Bonanza. The bulk buyer purchases accounted for 8.4%

Investors 386

Investors Renovations Marketing Retail 386

Housing Wire

MAY 29, 2024

In modern times, membership hit a low point of 963,478 in February 2013 and climbed to a high of 1.60 The changes are likely to put pressure on buyers’ agents and shrink the $100 billion annual commission pot by as much as $30 billion over time, according to analysts at Keefe Bruyette & Woods (KBW).

Realtors 301

Realtors Agents Inventory Modernization 301

Housing Wire

MAY 18, 2021

states from 2013 to 2020, correlated with rates of sales tax, income tax and property tax in 2020. Florida, specifically, has the seventh-lowest tax rate in the country and gained more residents than all but four other states from 2013 to 2020. The trend is reversed in high-tax states, where an average of 2.5

Real Estate 424

Real Estate Property Taxes Agents Buyers 424

Housing Wire

DECEMBER 6, 2023

We’ve had a lot of requests for a buydown feature, and we hope it provides some relief to buyers during the current state of the housing market,” Zwick added. Founded in 2013, CBC Mortgage Agency’s Chenoa Fund program completed more than 40,000 mortgage transactions since its inception, according to its website.

Mortgage 330

Mortgage Sellers Finance Housing Market 330

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic.

Inventory 416

Inventory Law New Listings Sellers 416

Housing Wire

JUNE 28, 2023

Founded in 2013 by Brew Johnson, Brett Crosby and Alex Perelman, Peer Street developed a marketplace connecting lenders and borrowers seeking capital to investors looking for real estate-related debt. Peer Street, which has a subsidiary mortgage lender and servicer, has originated only $5.4 million in 2021, Dunn wrote.

Investors 393

Investors Real Estate Mortgage Investing 393

Housing Wire

MARCH 23, 2021

to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. At just two months supply left for existing homes, Fannie Mae chief economist Doug Duncan bets that buyers will gravitate toward the more readily available stock and new home smell.

Construction 527

Construction Buyers Development Contracts 527

Housing Wire

JULY 30, 2021

In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. And with today’s low interest rates, buyers have been rushing to purchase what’s available. If you’re a buyer, you want to make sure you’re purchasing a home that’ll increase in value.

Renovations 483

Renovations Buyers Sellers Investing 483

Housing Wire

SEPTEMBER 16, 2022

Since the initial SFR securitization in 2013 through August of this year, according to a separate KBRA market-sector report, 16 sponsors have undertaken 113 SFR securitizations involving notes with a total principal balance of $69.6 The securitization, IH 2013-SFR1, was collateralized by a single $479.1 billion. “The

Landlords 374

Landlords Marketing Development Investing 374

Housing Wire

FEBRUARY 6, 2023

Dybvad, who joined the company in 2013 and is now a vice president, will be responsible for loan origination production in the Ohio, Indiana, Illinois, Michigan, Wisconsin and Kentucky markets. Home lender PrimeLending has promoted Kim Dybvad to lead its Mid-America division, months after the workforce quit en masse and joined a competitor.

Legal 285

Legal Mortgage Lending Buyers 285

Housing Wire

MARCH 1, 2021

Digital innovation and disruption were just as much a theme in the industry when I started at HousingWire back in 2013 as they are now. And for the companies that were already operating in the digital space, they were able to stay ahead of the curve as home-buyer demand reached unheard-of levels.

Real Estate 286

Real Estate Buyers Mortgage 286

Housing Wire

FEBRUARY 15, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which respondents are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes.

Mortgage 373

Mortgage Supply Chain Housing Market Construction 373

Housing Wire

AUGUST 21, 2023

487 LiveEasy 1,204% 2013 Real estate software company changing the way people manage their move and their homes. 1,032 Realync 575% 2013 A real estate video engagement platform unlocking authentic experiences that connect and convert across the prospective renter and resident lifecycle. 4,105 FirstCloseFirstclose.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

DECEMBER 15, 2020

“Unlike other branded real estate groups, Forbes Global Properties is not merely a listing tool for agents — it offers direct and measurable access to potential high-net-worth buyers through Forbes’ worldwide media penetration.”. The Forbes Global Properties website will feature homes listed for at least $2 million, according to the company.

Brokerage 352

Brokerage Real Estate Housing Market Sellers 352

Housing Wire

MAY 6, 2021

Created in 2004 by Barr Haney and Whitney Potter, OWN Marin generated $381 million in 2020 sales volume, the agent team reported, on 153 deal sides, meaning that the median home in which they represented seller or buyer was priced at $2.8 Formed in 2013, Compass went public after raising more than $1.5 billion in VC cash.

Brokerage 369

Brokerage Agents Legal Valuation 369

Housing Wire

APRIL 22, 2024

There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. Are you considering selling your property?

Real Estate 334

Real Estate Open Houses Brokerage Real Estate Agent 334

Housing Wire

APRIL 9, 2021

“First-generation buyers who do buy homes often take on greater debt to do so or delay homeownership for years, making it difficult for homeowners of color to build wealth at the same pace as white homeowners,” said Jung Choi, a senior research associate with the Housing Finance Policy Center. million, 5 million, 4.37

Finance 433

Finance Housing Market Buyers Mortgage 433

Housing Wire

OCTOBER 23, 2020

In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. Koch said that since this summer — typically the home-buying off-season — was busy for buyers, he thinks it will only get crazier. “We 1, and runs through May 1. Presented by: NAMB.

Housing Market 534

Housing Market Marketing Real Estate Agent Real Estate 534

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. We saw this in 2013-2014 and 2018-2019. In addition, the U.S. Here in the U.S.,

Buyers 525

Buyers Housing Market Mortgage Marketing 525

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019. They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. However, as we all know, after 2020, things are just more intense. .

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

Housing Wire

FEBRUARY 23, 2021

gain “marks the best performance of housing prices in a calendar year since 2013,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones. Of course, this is all fantastic news for anyone looking to sell their home in 2021. December 2020’s 10.4%

Inventory 426

Inventory Finance Contracts Construction 426

Housing Wire

MARCH 23, 2022

It’s also driven more by mortgage buyers who tend to be older and make more money than the new-home buyers. Compared to the existing home sales marketplace, it doesn’t have a high cash buyer or investor buyer profile. This sector on an apples-to-apples basis is more expensive than the existing home sales market.

Mortgage 440

Mortgage Inventory Housing Market Construction 440

Housing Wire

MAY 18, 2022

We simply cannot finish homes in America promptly, and now that mortgage rates are over 5%, some buyers won’t be able to purchase a home. This happened in 2013-2014, and in 2018 when mortgage rates moved toward 5%. Housing in 2020 and 2021 benefited from rates between 2.5% – 3.75% , which gave buyers more purchasing power.

Mortgage 448

Mortgage Construction Contracts Housing Market 448

Housing Wire

AUGUST 18, 2023

. “Despite the current challenges of the residential market, we have stayed true to our vision – giving HomeSmart agents the tools and systems that enable them to provide their buyers and sellers outstanding service, all at the lowest brokerage fees in the industry,” Widdows wrote in an email. 5000 list this year. Claiming the No.

Brokerage 365

Brokerage Real Estate Realty Real Estate Agent 365

Housing Wire

APRIL 20, 2022

In 2013-2014, rates rose, and you see the lower trend in sales back then. When rates rose in the middle of 2013, we saw a clear downtrend in purchase application data, and in 2014 we saw a 20% year-over-year decline trend. Housing demand has been stable for the past few years; we have never had a credit boom in demand since 2002-2005.

Housing Market 478

Housing Market Marketing Inventory Mortgage 478

Housing Wire

DECEMBER 29, 2020

Tucked inside The Oaks, a luxe gated community, the 9,320-square-foot home is where Kardashian set up shop after splitting from then-husband Lamar Odom back in 2013. Well, the expansive pad, which boasts six beds and 10 bathrooms, officially sold earlier this month, with word hitting the web that the selling price was $15.5

Real Estate 372

Real Estate Decorating Architecture Buyers 372

Housing Wire

MAY 12, 2021

trillion in home sales this year, a 17% increase year over year — the largest annual percentage increase since 2013, and a number that, if reached, would be a record high. All of these factors mean that we’ll likely see even more buyers enter the market this year and in 2022.” Redfin projected $2.53 For perspective, $2.5

Housing Market 402

Housing Market Inventory Mortgage Market Value 402

Housing Wire

APRIL 15, 2022

Inventory falling again in 2022 created more forced bidding wars, which frustrates buyers, keeps potential sellers from wanting to list, and creates stress for real estate agents doing a lot of work with nothing to show for it. The last time this data line was fragile was back in 2013-2014. We saw this happen last year.

Housing Market 492

Housing Market Marketing Mortgage Inventory 492

Housing Wire

JUNE 11, 2021

Heading the RealTrends’ top 1,000 agents list – as he has for most years since 2013 – is Ben Caballero, of Dallas-based HomesUSA. That Caballero is party to an average of 18 home sales a day, 365 days a year, is due to a system where he provides buyer references to nine different homebuilders.

Agents 423

Agents Brokerage Realty Real Estate 423

Housing Wire

FEBRUARY 1, 2021

million properties that completed the foreclosure process — either through a sale to a third-party buyer or return to the foreclosing lender at foreclosure auction — during the 2009 to 2019 period. More than 75% of the winning auction offers came from brand-new buyers who had not submitted the highest offer on the MLS.

Buyers 345

Buyers Mortgage Marketing Home Value 345

Housing Wire

JUNE 21, 2022

Since March of this year, housing demand has been falling more and more, but inventory is still below the 2010, 2013, 2016, and 2019 levels, which is a nightmare. However, at 6% plus mortgage rates, we are seeing some real demand destruction as the most significant homebuyer in America, mortgage buyers, get hit with a double whammy.

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

NOVEMBER 9, 2022

We saw this happen in 2013-2014 and 2018-2019. NAR total inventory data 1,250,000 One thing about purchase application data and demand is that a traditional seller is typically a buyer of a home. This time around, we have not seen the kind of housing credit boom that we did from 2002-2005. This means less demand for housing.

New Listings 467

New Listings Inventory Housing Market Sellers 467

Housing Wire

JULY 20, 2022

This is common in recent history, which has happened before in 2013/2014 and 2018/2019. Today, home buyers already have more choices than what they had last year. #NAREHS pic.twitter.com/BrRmnVkBjN — NAR Research (@NAR_Research) July 20, 2022. It seems odd that sales are declining but price growth is still climbing.

Inventory 505

Inventory Housing Market Marketing Realtors 505