Housing Wire

SEPTEMBER 13, 2022

It all started when mortgage rates jumped from 5.25% to 6.25% this year and I saw how home sellers reacted to that move. Traditionally speaking, post-2012, inventory growth came in years where demand was weaker from mortgage buyers: 2014 and 2022. Can you blame home sellers? in 2021 and as high as 6.25% in 2022.

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Mortgage Inventory New Listings Sellers 520

Housing Wire

AUGUST 10, 2022

Inventory growth is happening much like we saw in 2014 — the last time total inventory grew — which was also the last time mortgage purchase application data went negative year over year. If you really want to see inventory grow to 2019, 2016, 2014 or even 2012 levels, you need a healthy amount of new listing growth each year.

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Inventory New Listings Housing Market Sellers 522

Housing Wire

APRIL 14, 2023

While spring of 2022 saw a similar share of all-cash homebuyers, one needs to look back to 2014 before seeing similar shares. In March of 2022, sellers received an average of 5.5 Then, the mortgage interest rates were in the low-4% range. In the months before the COVID-19 pandemic, the share of all-cash buyers hovered in the teens.

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Realtors Buyers Inventory Sellers 432

Housing Wire

FEBRUARY 8, 2021

Headquartered in Newport Beach, California, Excelerate Capital was an early adopter of non-QM lending following the advent of the Ability-To-Repay (ATR) rule in 2014. It also provides a full range of agency conforming financing, including FHA, VA, Fannie Mae and Freddie Mac programs.

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Mortgage Retail Lending Finance 397

Housing Wire

OCTOBER 26, 2023

He told the jury that sellers also benefit because it brings more foot traffic and attention to their listings. On Friday, Schulman stated that home sellers have no reason to pay buyers’ agents, whom he claimed do not provide much value. He also noted that buyers’ agents provide valuable services for sellers and buyers.

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Buyers Sellers Agents Law 421

Housing Wire

FEBRUARY 9, 2023

Northpointe became an approved seller and servicer for Freddie Mac in 2013, Fannie Mae in 2014 and Ginnie Mae in 2016. Last year, Northpointe expanded its home loan centers in eight states — Arizona, California, Florida, Georgia, Hawaii, Minnesota, Nevada and Texas, according to a release from Northpointe in October.

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Lending Business Retail Client Relationships 384

Housing Wire

JANUARY 26, 2021

November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% According to Hale, realtor.com’s 2021 outlook expects an eventual moderation to price gains as home construction ramps up and the widespread availability of COVID vaccines bring more flexible sellers back to the housing market.

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Inventory Housing Market Buyers Sellers 544

Housing Wire

JULY 20, 2022

This is common in recent history, which has happened before in 2013/2014 and 2018/2019. Higher rates need duration so sellers can adjust their pricing reality. We are already below 2008 levels today — not that far off the 21st century low of 2014. However, we can see a clear demand-weakness trend in 2014 and 2022.

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Inventory Housing Market Marketing Realtors 512

Housing Wire

MARCH 16, 2022

The rate of Hispanic homeownership has been inching up each year since 2014, according to U.S. A lot of sellers were very blunt about it: ‘If it’s FHA, forget it,’” said Lizbeth Alarcon, an agent at RE/MAX Vivid Realty. Last year, the Hispanic homeownership rate grew to 48.4% from 47.5% Census Bureau statistics.

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Real Estate Agent Real Estate Agents Sellers 384

Housing Wire

OCTOBER 20, 2023

No seller must use a real estate agent to sell a home — ever. They may buy directly from a seller, whether that seller is represented by an agent or not. RealTrends + Harris Insights ‘ studies from 2002, 2005, 2006, 2011, 2014, and 2019 all show that consumers know that commissions are negotiable.

Real Estate Agent 432

Real Estate Agent Real Estate Brokerage Agents 432

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 504

Mortgage Inventory Sellers Housing Market 504

Housing Wire

MARCH 18, 2022

Inventory has been slowly falling since 2014, so if demand picks up in 2020-2024, it can collapse to shallow levels. My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. You can see why some sellers are stressed now.

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Housing Market Marketing Inventory Sellers 542

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree. The last time total inventory grew was in 2014 because we had weak demand. Image by Brandon Johnson/HW Media.). Now fast forward to 2022.

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Sellers Inventory Housing Market New Listings 504

Housing Wire

JANUARY 7, 2021

“In particular, the sell-side component fell for the first time since April and by 18 points, reversing most of the increases of the past three months and implying to us that, at least temporarily, potential home sellers might wait to list their homes,” Duncan said. “If The report also predicts home price growth to slow through this November.

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Housing Market Design Inventory Sellers 458

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015.

Marketing 421

Marketing Inventory Renovations Investors 421

Housing Wire

MAY 11, 2021

Founded in 2014, Opendoor is a pioneer in cash home-buys moving online, and an alternative to home sellers having to work with real estate agents. The company grew partly thanks to venture capital money, including from Tokyo-based SoftBank Group.

Real Estate Agent 370

Real Estate Agent Real Estate Brokerage Inventory 370

Housing Wire

MAY 3, 2022

After making some Covid-19 adjustments to the data line, we will have our first negative year over year since 2014, unless something changes on the mortgage rate side. 2014 was the last year we saw a noticeable weakness in purchase application data. What have we seen this year? The last time we had 5% mortgage rates was in 2018.

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Housing Market Marketing Inventory Mortgage 421

Housing Wire

JANUARY 5, 2022

The regulator directed the regulated entities to “increase support for core mission borrowers, while fostering capital accumulation, achieving viable returns and ensuring a level playing field for small and large sellers.”. During her tenure so far as FHFA acting director, Thompson has made affordability a top priority.

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Finance Mortgage Government Sellers 520

Housing Wire

OCTOBER 31, 2023

The rule change will prohibit listing brokers from paying buyer’s agents and will instead require sellers to pay them directly if they choose to pay them at all. There is certain to be a segment of the seller market who will adopt the attitude of if they want to get paid, let their buyer client pay it.

Real Estate 421

Real Estate Realtors Agents Buyers 421

Housing Wire

FEBRUARY 3, 2021

Wedgewood , a real estate investment firm that focuses on distressed properties, was the seller of Civic. billion since its inception in 2014, the company said. Terms of the deal were not disclosed. Pacific Western Bank hailed the acquisition as a strategic move into specialized areas of the non-QM market.

Investors 369

Investors Real Estate Lending Investing 369

Housing Wire

FEBRUARY 9, 2022

It can be stressful enough when the markets are regular, like they were from 2014-to 2019. We always talk about the stress of home buying, but we should also include sellers in that discussion. Unless they choose to rent after the sale or sell their investment home, a seller becomes the next natural homebuyer.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

It can be stressful enough when the markets are regular, like they were from 2014-to 2019. We always talk about the stress of home buying, but we should also include sellers in that discussion. Unless they choose to rent after the sale or sell their investment home, a seller becomes the next natural homebuyer.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

OCTOBER 1, 2022

The last high among all-cash buyers was seen at 35% in 2014. While it is not the high seen during the First-time Home Buyer Tax Credit in 2010, it is also not the historical norm of 40% seen in the annual Profile of Home Buyers and Sellers report. All cash buyers now stand at 24%.

Realtors 397

Realtors Housing Market Marketing Buyers 397

Housing Wire

JUNE 28, 2022

Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. The reality is that home sellers and builders had too much pricing power. Whenever you see vertical home-price growth over a period of time, it’s never a good thing. This either means you had a massive supply shortage or you had a credit boom.

Housing Market 458

Housing Market Marketing Inventory Investors 458

Housing Wire

MARCH 21, 2024

It became one of the fastest-growing brokerages at the time in Canada, and then I sold that in 2014, and moved to the U.S. For us, it’s all about creating one streamlined experience for whatever that agent is doing with buyers or sellers. Based on that, we use a ton of mobile, because our agents are always on the go.

Real Estate 450

Real Estate Technology Agents Brokerage 450

Housing Wire

NOVEMBER 29, 2021

Remember, a seller is typically also a buyer, so inventory should fall when demand picks up and that seller finds another home to buy. Total inventory levels have been falling since 2014, while sales have been rising. 2020 and 2021 are at pre-cycle highs in demand, with total inventory levels at all-time lows for both years.

Inventory 530

Inventory Contracts Training Investors 530

Housing Wire

FEBRUARY 1, 2023

It is really a great tool from a seller perspective to say, ‘Look, we don’t control rates, but what I can offer you is something that will offset this shock in interest rates that has happened here in the last nine or 10 months or so,’” Nunziata said. in 2022, the weakest showing since 2014.

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

OCTOBER 2, 2020

. “Through our correspondent channel, we primarily purchase and aggregate residential mortgages from trusted third-party originators, who we refer to as ‘correspondent sellers.’ It’s a huge growth engine for AmeriHome – in 2014 the correspondent channel produced $1.9 billion in volume representing just 0.5%

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Valuation Mortgage Business Modernization 306

Empire Appraisal Group

APRIL 20, 2023

The 2023 Home Buyers and Sellers Generational Trends report examines the similarities and differences of recent homebuyers and sellers across generations, and the latest report found that the combined share of younger boomers (58 to 67 years old) and older boomers (68 to 76 years old) rose to 39% in 2022, up from 29% the year prior.

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Buyers Sellers Realtors Agents 78

Housing Wire

AUGUST 30, 2022

NAR Total Listing Data: If we cut the timeline to the last time inventory grew, which was 2014, you can see this downtrend in inventory, unlike 2001-2005, when inventory grew from 2 million to 2.5 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.

Inventory 384

Inventory New Listings Law Housing Market 384

Housing Wire

MARCH 23, 2022

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. They’re mindful of higher rates because in 2013, 2014 and 2015 they had to deal with a miss in sales expectations. The average sales price was $511,000.

Mortgage 491

Mortgage Inventory Housing Market Construction 491

Birmingham Appraisal

JULY 27, 2022

If they didn’t lose out on a contract for the home of their dreams they had to bid the price up way over the list price to even get the attention of sellers who have had an edge in the market since interest rates dropped after the COVID pandemic. Alabaster, AL 1st quarter home sales: 2014 vs. 2015. Courtesy Redfin. Conclusion.

Buyers 87

Buyers Inventory Sellers Appraisal 87

Cornerstone

FEBRUARY 2, 2021

Many sellers are seeing homes “fly off the shelves.” As a result, the average homeowner has gained $17,000 in home equity , the biggest equity gain since 2014. This speeds up selling significantly. It can also make selling simpler. Notably, homes are selling much sooner right now than they typically do in the winter.

Landlords 67

Landlords Loan Officers Buyers Sellers 67

Lamacchia Realty

JUNE 3, 2021

He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. Kip always had a strong desire to formally become a part of this industry, so he obtained his Real Estate “Salesperson” license in 2014.

Realty 66

Realty Agents Real Estate Human Resources 66

Empire Appraisal Group

JANUARY 11, 2023

Existing-home sales are expected to end the year 16% down from the same time period in 2021, marking their lowest level since 2014, Yun said. There will be a lot of resetting expectations for both buyers and sellers.”. Bright MLS data shows 40% of sellers have adjusted their home price downward or offered concessions.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

DataMaster

MAY 17, 2023

According to the National Association of Realtors’ 2023 Home Buyers and Sellers Generational Trends Report , Millennials have made up the largest share of homebuyers from 2014 to 2022. According to NAR, Americans between the ages of 18 to 23 made up 4% of buyers and sellers.

Appraisal 147

Appraisal Technology Real Estate Agent Tools 147

Lamacchia Realty

NOVEMBER 16, 2021

Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season. Even with this slight relief, sellers should still be proactive. If you are skeptical, here are the stats from 2014 – 2021. Seller Resources. In many cases, this is not correct.

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Inventory Buyers Sellers Realty 69