Housing Wire
SEPTEMBER 8, 2022
Bank of America recently announced a loan for lower-income households that doesn’t require homebuyers to come up with a downpayment or closing costs, and doesn’t base the loan on a minimum FICO score. People’s first reaction was to wonder if this was 2008 all over again. Are we really doing those types of loans and promoting homeownership again without understanding the risks?
Sacramento Appraisal Blog
SEPTEMBER 14, 2022
Sellers have been chasing the ball down the road. What I mean is prices have been going down lately, and sellers are trying to find the market through price reductions. I can’t speak for the entire country, but I’d like to talk about what’s happening locally. I’m not writing as a housing bull or bear […].
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Eyes on Housing
SEPTEMBER 12, 2022
The number of women employed in the construction industry increased to over 1.24 million in 2021, as the construction industry was quickly recovering jobs lost earlier during the pandemic induced recession. Currently, women make up 11% of the construction workforce, up from 9.3% in 2002. As the construction skilled labor shortage remains a key challenge for housing, adding new workers.
GoForrmz
SEPTEMBER 16, 2022
GoFormz customers share their insights and success stories Teams across the globe and every industry rely on GoFormz. From small flower shops to massive construction firms, our platform is known for its intuitive interface, powerful capabilities, and incredible customer support – allowing businesses of any size and sector to digitize and optimize the way they work.
The Robert Weiler Company
SEPTEMBER 16, 2022
Summer in the Buckeye State can be a sultry affair. And, surprisingly, one way to beat the heat may involve a unique land protection vehicle known as a conservation easement. From a climate perspective, a green oasis can help cities lessen their urban heat island effect. Let us make the case if the above statement doesn’t make much sense. In cities such as Columbus, Ohio, the heat is often exacerbated by what’s known as the urban heat island effect.
JMV Lending
SEPTEMBER 12, 2022
We have had numerous deals almost die or come close to dying over the years – solely because our appraisers could not find adequate rental comp data. There are several reasons why we often need to support the full market rent in an appraisal, including: The borrowers often need every penny of the rent to […]. The post Provide Rental Comp Data to Appraisers (More Important Than You Realize) appeared first on JVM Lending.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Sacramento Appraisal Blog
SEPTEMBER 9, 2022
I love the original Back to the Future movie. Do you too? Well, I can’t help but think of today’s housing market compared to the film. Sellers have tended to be stuck in the past expecting the market to be hotter than it actually is right now. And some buyers are stuck in the future, […].
Eyes on Housing
SEPTEMBER 15, 2022
The prices of building materials rose 0.5% in August (not seasonally adjusted) even as softwood lumber prices decreased 5.2%, according to the latest Producer Price Index (PPI) report. Building materials prices have climbed 4.9% through the first eight months of 2022 and 14.3% over the past year. The PPI for goods inputs to residential construction, including energy, decreased 0.9% in.
GoForrmz
SEPTEMBER 8, 2022
Catch the replay of the GoFormz & Procore webinar: Improving Job Site Safety Management Safety touches every aspect of the construction industry. Regardless of an operation’s size, expertise, location, or budget, safety must remain every team's top priority, from the job site to the back office. Traditional documentation and reporting efforts can slow response times and hamper preventative measures, putting your team behind the curve in construction safety.
Lamacchia Realty
SEPTEMBER 30, 2022
Please consider donating directly to the American Red Cross Florida Disaster Relief to help those impacted by the severe damage inflicted by Hurricane Ian. Click here to Donate Now. The post Florida Disaster Relief appeared first on Lamacchia Realty.
Mashvisor
SEPTEMBER 13, 2022
To understand why many people get into real estate investing, you must first answer, “what is real estate investing, and how does it work?
Housing Wire
SEPTEMBER 13, 2022
The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. This is something I’ve never believed in because we hadn’t had a period where mortgage rates moved up so quickly and then held higher for an extended period.
Sacramento Appraisal Blog
SEPTEMBER 21, 2022
I’ve been getting asked lots of questions lately about choosing comps since the market shifted. Here are some things people have been asking me. UPCOMING (PUBLIC) SPEAKING GIGS: 10/07/22 Market update with SAR (Sign up here – On Zoom) 10/13/22 Market update in Midtown (details TBD) 10/20/22 How to Think Like an Appraiser (9am-12pm) (Sign up […].
Eyes on Housing
SEPTEMBER 22, 2022
The latest results from the Federal Reserve’s Z.1 Financial Accounts of the United States, i.e., the Flow of Funds, show that in the second quarter of 2022, growth of the market value of all owner-occupied real estate in the United States slowed after showed the largest year-over-year percentage gain since 2001 the prior quarter. The market value of owner-occupied real.
GoForrmz
SEPTEMBER 9, 2022
The GoFormz team will be exhibiting at the International Manufacturing Technology Show in Chicago! We are thrilled to be attending the International Manufacturing Technology Show in Chicago , September 12-17, 2022. Will we see you there? IMTS 2022 The International Manufacturing Technology Show showcases the creators, builders, sellers, and drivers of manufacturing technology.
Clear Capital
SEPTEMBER 20, 2022
Session recaps & photos. Day One General Session Recap. Blueprint 2022 kicked off with a morning session that covered how new tech can impact companies. It featured panelists in the multifamily space, government contractors, tech startups, venture capitalists and more. . Read now and see photos ?. Day Two General Session Recap. Blueprint’s second general session focused on the current and future state of the market and how companies can take advantage of the challenges presented by ec
Lamacchia Realty
SEPTEMBER 17, 2022
It was announced on Wednesday at monthly company updates by Anthony Lamacchia that Lauren DiStefano has been promoted to Director of the Office of the CEO and COO. Lauren has been with the Lamacchia Companies for 10 years, working her way up from an administrative assistant to Executive Assistant and business manager and now into this larger more formal roll.
Housing Wire
SEPTEMBER 8, 2022
Top 10 lender and servicer Freedom Mortgage has trimmed its workforce across multiple rounds of layoffs this year and continues to “offshore” some jobs, former employees tell HousingWire. In response to falling origination volume, the New Jersey-based mortgage company has conducted at least four rounds of layoffs this year – in March, May and August, multiple sources told HousingWire.
Mortgagebroker News
SEPTEMBER 26, 2022
Equitable Bank is seeing high demand for reverse mortgages due to demographics, greater acceptance among customers, continuing cost-of-living pressures, and more indebtedness in retirement
Eyes on Housing
SEPTEMBER 16, 2022
Per the Mortgage Bankers Association’s (MBA) survey through the week ending September 9th, total mortgage activity declined 1.2% and the average 30-year fixed-rate mortgage (FRM) rate rose seven basis points to 6.01%. The FRM rate has increased 56 bps over the past month reaching a 14-year high. The Market Composite Index, a measure of mortgage loan application volume, decreased by.
Assurance Financial
SEPTEMBER 20, 2022
After months of searching, you’ve finally found the perfect house. Congratulations on your exciting milestone! While you’re undoubtedly excited about this opportunity, it’s a good idea to be careful during this time to avoid jeopardizing your application approval. Some of the top things to avoid after applying for a mortgage include: 1.
Houston Properties
SEPTEMBER 8, 2022
Hurricane Harvey is projected to cost Texas billions of dollars in damages. Here’s a list of things to do address minor to major property damages, as well as homes affected by flooding.
Lamacchia Realty
SEPTEMBER 16, 2022
Lamacchia Realty announced at its monthly company updates on Wednesday that Kim Beaulieu has been promoted to Director of Human Resources! This promotion comes roughly a year after Kim transitioned to the role of Human Resources Manager. Kim has singlehandedly developed and overseen the Human Resources department at Lamacchia Realty since its inception.
Housing Wire
SEPTEMBER 16, 2022
The U.S. House of Representatives this week passed a bill that streamlines the appraisal process for U.S. Department of Veterans Affairs mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether.
Mortgagebroker News
SEPTEMBER 26, 2022
Scarlett Network’s time-saving broker management software is an effective tool for increasing business efficiency, says Axiom Innovations’ Joe Fakhri, President and CEO
Eyes on Housing
SEPTEMBER 22, 2022
Continuing its tightening of financial conditions to bring the rate of inflation lower, the Federal Reserve’s monetary policy committee raised the federal funds target rate by 75 basis points, increasing that target to an upper bound of 3.25%. This marks the third consecutive meeting with an increase of 75 basis points. These supersized hikes are intended to move monetary policy.
Mashvisor
SEPTEMBER 19, 2022
The best real estate investing opportunities are often highly sought out by competitors, so what can you do to gain an advantage over them?
Houston Properties
SEPTEMBER 8, 2022
Seeking the luxury of a golf lifestyle both on and off the course? Find the perfect Houston golf course community through our detailed guide.
Lamacchia Realty
SEPTEMBER 13, 2022
THINGS TO KEEP IN MIND WHEN PRICING YOUR HOME. Pricing a home correctly is typically the most challenging part of listing a home. ?To successfully sell a home , an accurate price must be in place to compliment a solid marketing strategy. Study after study points to the fact that a home’s value decreases the longer it’s on the market. ?That is why pricing your home accurately from the beginning will typically generate increased activity from buyers and higher offers.
Housing Wire
SEPTEMBER 27, 2022
When Federal Reserve Chairman Jerome Powell talked about a housing reset in June , it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting , held last week, Powell finally clarified what he meant by that term and what a housing reset means to the Fed. However, a housing reset isn’t the only pressing issue — we now also have to think about a worldwide global recession.
Mortgagebroker News
SEPTEMBER 26, 2022
Centum Financial Group president Chris Turcotte on returning to the company’s roots, leaning into relationships, and getting loud about the value.
Eyes on Housing
SEPTEMBER 21, 2022
In August, housing starts rebounded but housing permits declined for the second straight month. The August drop in building permits indicates that the housing market is continues to cool as rising construction costs, elevated mortgage rates and supply chain disruptions continue to act as a drag on the market. Overall housing starts rose 12.2% to a seasonally adjusted annual rate.
Mashvisor
SEPTEMBER 18, 2022
Eager real estate investors are wondering about the US housing market predictions 2023 in an attempt to prepare for the best investment decisions.
Houston Properties
SEPTEMBER 7, 2022
Located within Houston's most popular neighborhoods, townhomes are one of the fastest growing housing types in the Bayou city.
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