Housing Wire

FEBRUARY 26, 2024

Real estate marketing isn’t just about posting a few property listings and hoping for the best. The most successful real estate agents aren’t always the ones with the most experience — but rather those who know how to leverage the best real estate marketing companies and digital tools for their success. per month plus $249.95

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Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. The housing market won’t be like this forever.

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Housing Wire

MAY 30, 2024

The securitization was completed on May 15 and marked Point’s second rated securitization and third overall deal in the secondary market, with all securities receiving ratings from Morningstar DBRS. In November 2023, Redwood Trust partnered with Point to close on a $139 million bond secured by 1,577 home equity investment contracts.

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Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Still, even the single-family rental (SFR) market, including the BFR sector, faces an uncertain future in the year ahead, given the ongoing volatility in interest rates and inflation.

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Cleveland Appraisal Blog

JULY 20, 2022

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? An appraisal gap clause can be written into a contract. In this hot market, it’s not surprising that this type of clause is being written into some contracts. But not always.

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Housing Wire

MAY 15, 2024

Its plan takes aim at liquidity, budget authority, pay scales and other potential flexibilities to more closely align with the value it brings to the government and the broader mortgage market. This undermines Ginnie Mae’s ability to run a market-driven program.” This recommendation is based on two other ideas.

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Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

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Housing Wire

MARCH 18, 2024

In the lawsuit filed in the Fourth Judicial Circuit Court of Duval County, Florida, the plaintiff sought $340 million in damages and injunctive relief under the Florida Uniform Trade Secrets Act, along with declaratory judgment of ownership of all intellectual property and software developed by or on behalf of PennyMac. million in 2022.

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Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. Generally, they go under contract in a day or two.”

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Housing Wire

MAY 28, 2024

When announcing the rebranding initiative at the beginning of April, company leaders said they arrived at the new name after what they called “a rigorous research and brand strategy development analysis.” Within the name Onity is the phrase ‘on it,’ which conveys action and the promise of dependability, performance and support.”

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Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. People who are willing to spend tens of thousands more than the market will really support, seem to be speculating that things will continue as they are.

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Housing Wire

MAY 21, 2024

Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.

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Housing Wire

JANUARY 13, 2023

For the non-QM lenders serving the single-family investment-property space who have managed interest-rates well to stay ahead of the market, however, there’s still plenty of opportunity to pick up market share, industry observers argue. . by the end of 2023,” the MBA’s December market-forecast report states.

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Housing Wire

FEBRUARY 14, 2024

You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market. If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+?

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Real Estate Agent Real Estate Agents Luxury Properties 365

Housing Wire

MAY 19, 2022

HousingWire recently spoke with Jon Irvine, Chief Production Officer at Change Lending, about how brokers can gain a new competitive advantage in the current tight market. As a result, brokers will be forced to look to the purchase market to fill their volume needs. The post How can brokers get ahead in a tight market?

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Housing Wire

JANUARY 16, 2024

real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. As a result, we’re starting to see slightly more available supply of homes on the market. It’s a positive development.

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Housing Wire

FEBRUARY 24, 2023

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. January marked a surge of people signing contracts to buy new homes. The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9 months in December.

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Housing Wire

JUNE 9, 2022

That negatively affected liquidity options in both the loan-trading and securitization markets as higher-rate loans [above 5%] subsequently hit the market. So, when rates are rising, and the market is compressing, non-QM becomes a more vogue product,” Yoon added. Non-QM is a counter cyclical product.

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Housing Wire

SEPTEMBER 26, 2023

Fewer new sellers also means that inventory can’t grow too much; the real trouble develops when demand drops and supply surges. There are now 528,000 single-family homes on the market. In this chart of each year’s inventory curves, you can see that the number of homes on the market is climbing faster now than this time last year.

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Housing Wire

JULY 6, 2023

In a bid to strengthen its position in the Gulf Coast market, has acquired Truland Homes , the largest private homebuilder along the Gulf Coast, according to an announcement issued Thursday. Horton’s already strong local market operations.” We look forward to continuing as a key lot development partner for D.R.

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Eppraisal

FEBRUARY 7, 2023

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. Raw land has fewer properties with which to compare than does a developed parcel so other standards must be considered.

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Housing Wire

FEBRUARY 26, 2024

It’s not the safest business model either because builders take a contract to buy a home and then, from start to finish, hope that mortgage rates don’t jump on the buyer by the time the home is ready. Census Bureau and the Department of Housing and Urban Development. months and below, this is an excellent market for builders.

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Housing Wire

APRIL 22, 2024

Photo Credit: AJ Canaria) In the real estate industry, the use of generative artificial intelligence has grown beyond just the composition of marketing copy, leading some to question other potential applications. Lickstein helped craft an AI-powered tool designed to educate brokers and is currently developing a compliance framework.

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Inman

JANUARY 18, 2024

The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded nine figures in recent years. When it was first listed in early 2023, the unit asked $175 million.

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Housing Wire

DECEMBER 23, 2022

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. New home sales data last month was much stronger than had been anticipated; the market had expected a contraction of 4.7% Since July, about 10,000 contracts have been canceled each month, according to data from John Burns Consulting.

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Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

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Housing Wire

SEPTEMBER 27, 2023

Maxwell acquired LenderSelect Mortgage Group from Blue Ridge Bank in May to expand its secondary market trading platform, bringing hundreds of new clients to the company’s other solutions. The company announced in July that product development veteran Paul Wetzel joined the company as senior vice president of products.

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Housing Wire

MARCH 6, 2024

The California-based lender and servicer promoted Jim Follette to chief digital officer, a new role to pursue opportunities in digital innovations, commercial markets and solutions for homeowners. He will be responsible for developing a road map to expand Pennymac’s proprietary servicing platform, Servicing Systems Environment (SSE).

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Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. SW: Why did you want to develop this platform? And when you have that scenario, they don’t want to pay a real estate commission, because they don’t need anybody to market their property. And that’s what I did.

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Housing Wire

JULY 28, 2021

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. Department of Housing and Urban Development and the U.S. Sales of newly built, single-family homes fell 6.6% Census Bureau. on a year-to-date basis.

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Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% pending home sales fell 1.1% compared to a year ago.

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Cleveland Appraisal Blog

NOVEMBER 14, 2022

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Perhaps the most important trait for a commercial real estate developer is the ability to identify an ideal piece of land. Invest in marketing.

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Housing Wire

DECEMBER 8, 2023

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

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Housing Wire

JUNE 19, 2023

Adding to the issue are concerns raised by educators regarding their working conditions including pay, a lack of support, inflexibility in instruction requirements, lack of multi-year contracts and large classroom sizes according to the Florida Education Association.

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Housing Wire

OCTOBER 10, 2022

Toll, who co-founded the large nationwide development firm alongside brother Bruce in 1967, was 81 and had Parkinson’s disease. “You stop development, stop buying product, stop buying ground and just bring in money from houses you put out there and already contracted. . “By far the worst.

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Housing Wire

NOVEMBER 9, 2023

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. The two companies issued the first-ever securitization backed entirely by HEIs in 2021, a bet that rising home-price appreciation can benefit consumers in the short-term and investors in the long-term.

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