Housing Wire

OCTOBER 17, 2023

That makes those homeowners susceptible to predatory behavior by some buyers operating in the pre-foreclosure marketplace, behavior that has been chronicled in several prominent, recent news stories. In nearly every case, the mortgage was never paid, leaving the homeowner with no property but a pile of debt.”

Buyers 373

Buyers Retail Market Value Real Estate Agent 373

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. .

Retail 421

Retail Sellers Buyers Market Value 421

Housing Wire

MAY 12, 2022

A homeowner is considered equity rich when they have at least 50% equity in their home, a feat more easily accomplished when skyrocketing home price appreciation widens the gap between what someone owes on their mortgage and the value of their house. The portion of mortgaged homes that were equity rich rose from 41.9%

Supply Chain 450

Supply Chain Housing Market Market Value Buyers 450

Housing Wire

MAY 18, 2021

“I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties. Here’s what to expect in the mortgage application process. Presented by: Citi.

Real Estate 425

Real Estate Marketing Real Estate Agent Agents 425

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. Appraisals are required for homes financed with any type of mortgage. Getting approved for a mortgage depends largely on the outcome of an appraisal. Mortgage lenders want to make sure the property is worth the sale price. Not necessarily.

Real Estate 436

Real Estate Appraisal Agents Inspection 436

Housing Wire

FEBRUARY 14, 2024

As mortgage rates and home prices have remained elevated across the board, investors have mirrored consumer homebuyers and have shifted their focus toward more affordable homes. Moreover, low-priced homes have more potential for value increases as the stock of low-priced homes is both limited and coveted. a year earlier) and 15.9%

Real Estate 485

Real Estate Investors Real Estate Agent Market Value 485

Housing Wire

AUGUST 9, 2022

The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp. The REIT lists the fair value of those loans, however, at about $1.19 The dreaded discount.

Marketing 355

Marketing Real Estate Mortgage Investors 355

Housing Wire

JANUARY 21, 2022

ESG securities such as bonds are backed by collateral, like mortgages, that can be defined as meeting environmentally sustainable, socially responsible, or good governance criteria. Digital mortgage platform MAXEX , backed by investment from financial-services giant JPMorgan , sees a bright future in the ESG market.

Marketing 369

Marketing Investors Development Mortgage 369

Housing Wire

NOVEMBER 23, 2020

Auction.com ‘s Distressed Market Outlook report for the fourth quarter shows a pick-up in demand for distressed housing, with a 24% increase in completed foreclosure auction volume in September. Daren Blomquist, vice president of market economics at Auction.com, estimates that foreclosures will grow to more than 1.1

Buyers 527

Buyers Real Estate Investors Retail 527

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Appraisal Hub

SEPTEMBER 8, 2023

In today’s real estate market, the process of obtaining a mortgage can seem complex and daunting. One crucial step that often goes unnoticed by many prospective homeowners is the mortgage appraisal. This step is not just a formality; it plays a pivotal role in determining whether or not you get approved for a mortgage.

Appraisal 78

Appraisal Mortgage Mortgage Appraisal Market Value 78

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. Granted, mortgage rates were not terrible.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

JANUARY 13, 2022

enters the third year of the pandemic, the 2022 housing market remains on stable ground. for the 30-year-fixed rate mortgage by year end, the rate increases may temper demand in 2022. The median age of a first-time buyer for the past three years has remained 33 years old. As the U.S. There are 23.4 Familial dynamics.

Buyers 450

Buyers Inventory Landlords Housing Market 450

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Our markets are still strong. The demand for housing decreased with the higher mortgage rates as it decreased buyer power.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. It is critical that title professionals and our industry partners spread awareness about this type of fraud and educate buyers about the steps they should take to protect themselves.

Sellers 367

Sellers Real Estate Agent Real Estate Insurance 367

Realtor

OCTOBER 29, 2020

When you’re a first-time home buyer approaching the finish line in the journey to your new home, you want nothing to go wrong, right? These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Housing Wire

MAY 12, 2021

Even with historically low levels of inventory, rising mortgage rates and uneven job growth, experts still believe 2021 will be a record year for home sales. trillion is roughly equal to France’s 2020 gross domestic product , or the combined market value of Amazon and Facebook. How much will be spent on homes? billion. .

Housing Market 402

Housing Market Inventory Mortgage Market Value 402

Cleveland Appraisal Blog

APRIL 11, 2023

The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising. MARKET TRENDS As everyone knows, home sales prices over the past few years were increasing rapidly!

Appraisal 354

Appraisal Market Value Legal Property Appraisal 354

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

Real Estate 86

Real Estate Appraisal Marketing Market Value 86

Housing Wire

JULY 6, 2022

PFSI), which ranks as one of the top five mortgage lenders nationally, are seeking to raise more than $700 million in the debt markets through the sale of notes secured by mortgage servicing rights. The notes are backed by Ginnie Mae mortgage-servicing rights, according to a presale report by Kroll Bond Rating Agency (KBRA).

Investing 326

Investing Finance Mortgage Market Value 326

Housing Wire

APRIL 8, 2021

Surplus funds are proceeds from a foreclosure sale to a third-party buyer that are above and beyond the total debt owed to the foreclosing lender. The slight pullback in 2020 is due largely to side effects of the pandemic-induced foreclosure moratorium on government-backed mortgages in place for most of the year.

Retail 405

Retail Market Value Marketing Buyers 405

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6

Lending 416

Lending Home Value Mortgage Renovations 416

Housing Wire

DECEMBER 10, 2021

In the world of mortgage-financing, there exists a product line defined by what it is not — non-qualified mortgage (non-QM), non-prime, non-agency or an alternative-documentation loan. That implies a market size [today] somewhere between $175 billion to maybe $200 billion,” he said. “We We just see tremendous opportunity.”.

Lending 466

Lending Mortgage Finance Government 466

Housing Wire

FEBRUARY 7, 2023

The year ahead for the mortgage-servicing rights market is shaping up to be a lucrative play for investors, lenders and others looking to purchase MSR assets. Independent mortgage banks (IMBs) leaning on MSR sales, however, now face a supply-demand imbalance, market observers say.

Sellers 283

Sellers Investors Valuation Finance 283

Housing Wire

JUNE 11, 2021

A home inspector, hired and paid by the buyer typically, will look at the plumbing, electricity and the overall foundation of the home and then provide a report with their findings. While home inspections aren’t required, they provide the buyer with several important opportunities in the home-buying process.

Inspection 423

Inspection Appraisal Buyers Appraisal Process 423

D Fritz Appraisals

SEPTEMBER 11, 2023

knows which renovations can add market value – and which will make your home more valuable to you but won’t necessarily increase the selling price. Read on for our top 8 picks for renovations that increase home value in BC. How is Home Value Measured? Buyers are looking for flooring that is clean and easy to maintain.

Renovations 117

Renovations Home Value Market Value Valuation 117

Lamacchia Realty

OCTOBER 13, 2022

Closed comparable sales, also known as ‘comps,’ are used to approximate market value for residential properties. All else being equal, the more recent the sale is, the more weight should be placed on the comp’s value. Historically, in a balanced market, comps sold within six months were acceptable to use.

Marketing 70

Marketing Sellers Buyers Market Value 70

Eppraisal

FEBRUARY 14, 2024

Whether you're a first-time buyer or a seasoned homeowner, understanding these costs is essential for a smooth transaction. Let's delve into the intricacies of closing costs, what they entail, and how they impact both buyers and sellers. What are Closing Costs?

Sellers 36

Sellers Buyers Property Taxes Real Estate Agent 36

Realtor

NOVEMBER 7, 2023

If you’re a first-time home buyer , you might get a little queasy when the last line of your good-faith estimate comes in at several thousand dollars. This amount can change depending on market factors. If the market is cold, a seller could be happy with less than 1%. Home inspection : This is critical for home buyers.

Inspection 196

Inspection Insurance Sellers Buyers 196

Empire Appraisal Group

JULY 14, 2022

About 45% of mortgaged residential properties in the U.S. Equity rich means that the combined estimated amount of the loan balance on the home was no more than 50% of the home’s estimated market value. of mortgaged homes equity-rich), Vermont (68%), Utah (63.6%), Washington (60.9%), and Arizona (60.9%).

Sellers 78

Sellers Marketing Market Value Realtors 78

Appraisal Hub

NOVEMBER 30, 2023

In the bustling real estate market of Toronto, understanding the true value of your residential property is more crucial than ever. Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key.

Appraisal 78

Appraisal Property Taxes Valuation Market Value 78

Lamacchia Realty

JANUARY 4, 2022

BUYERS, DON'T MAKE THESE HOUSE HUNTING MISTAKES! Not Hiring a Buyer’s Agent Some home buyers believe it’s better to work with the listing agent directly hoping they’ll get a better deal than if they hire a buyer’s agent. Listing agents are contractually bound to act in the best interest of their seller, not the buyer.

Buyers 74

Buyers Agents Inventory Sellers 74

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth. Pay attention to rental inventory, too.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000. Ever heard of straw buyers?

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

MAY 6, 2021

. “However, the first quarter reading of the HOI is an indication that housing affordability will further decline this year as higher lumber and other material costs and longer construction times will act as headwinds for the market.” Suddenly, any and all homes for sale were being snatched up, and builders couldn’t keep up.

Housing Market 412

Housing Market Marketing Market Value Construction 412

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Fewer sellers need to adjust their price because, again, it’s a seller’s market.

Bracketing 65

Bracketing Marketing Sellers Buyers 65

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

However, enough information should be shared to help the reader begin to develop an idea of how the property being appraised fits into the overall market. This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. NEIGHBORHOOD. IMPROVEMENTS. How big is it?

Appraisal 342

Appraisal Development Market Value Clients 342