Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Even though the rates are higher now, I think it’s a great market for a first-time homebuyer,” Saghafi said.

Loan Officers 377

Loan Officers Mortgage Buyers Inventory 377

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. More on this in a moment.)

Marketing 60

Marketing Inventory Buyers Sellers 60

Housing Wire

JULY 19, 2023

The dour housing market over the past 18 months has thrust struggling independent mortgage lenders (IMBs) into what seems like a pot of water that is coming slowly to a boil. As the heat rises, so too does the number of lenders seeking to exit the market. If the market stays as it is, there’s a lot more shakeout coming.”

Mortgage 365

Mortgage Marketing Buyers Lending 365

Will Springer Realtor

MAY 14, 2024

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. A rare, two-fisted punch of higher prices and interest rates is bruising the market at a time when activity is usually robust. The single-family market has only 1.0 Among all home types, there were 1.3

Marketing 36

Marketing Inventory Buyers Sellers 36

Appraisal Today

JANUARY 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on forecasts for mortgage rates, a look back at the 80s a very similar mortgage market, appraising in a changing market, unusual homes, mortgage origination stats, etc. == A Redesigned $48.5M This headline from May 1980 could be written about today’s market.

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics. higher than January 2023. from a year ago.

New Listings 54

New Listings Buyers Inventory Lending 54

Appraisal Today

OCTOBER 6, 2023

2024-2025 USPAP 7-Hour Update Course is being approved or is approved, in the states. It was my favorite class as we could focus on issues in our current market. in context of a comprehensive database of property characteristics and market transactions. Lots of people wanted to be on the ASB. Lots more opportunities.

Appraisal 77

Appraisal Contracts Real Estate Mortgage 77

Appraisal Today

JUNE 10, 2022

Habitual practice of “comparing comps” over “measuring markets” will prevail (in the absence of change in the other “frictions”). NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. To read more, click here.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Scary, indeed, but are these signs of a pending housing recession? There are 7.4% Sales inched 1.0%

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. Baby Boomers – those born between 1946 and 1964 who total 72M in the U.S. But for how long?

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. Housing demand significantly cooled, first in U.S. markets more dependent on the multi-billion-dollar tech industry.

Real Estate 36

Real Estate Buyers Construction Sellers 36