Housing Wire
SEPTEMBER 28, 2023
“The 30-year fixed-rate mortgage has hit the highest level since the year 2000,” Sam Khater, Freddie Mac’s chief economist said. These headwinds are causing both buyers and sellers to hold out for better circumstances.” Other indices showed significantly higher mortgage rates this week.
Housing Wire
JUNE 5, 2023
This is compounding the challenges for potential home buyers and the origination market alike, Walden said. According to the report, purchase credit scores in April were the highest on record, dating back to 2000, when Black Knight first started tracking the metric.
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Housing Wire
APRIL 13, 2021
Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If
Housing Wire
MAY 2, 2023
And there’s another thing that separates the housing market from other markets — the buyer is often also the seller. In most markets, the seller, or supplier, makes their decision about adding supply to the market independent of the buyer, or source of demand, and their decision to buy. Homer Simpson or Spock?
Housing Wire
JANUARY 9, 2024
The suit takes aim at the National Association of Realtor’s Participation Rule which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a NAR affiliated MLS. As with all of the other commission lawsuits, Tuccori’s suit is seeking class action status.
Housing Wire
APRIL 25, 2023
Inventory has remained low as sellers are locked into their low mortgage rates, even as many home buyers are turned away from this market due to affordability constraints amid volatile mortgage rates,” Nicole Bachaud, Zillow ’s senior economist, said in a statement. The 10-city home price index also posted a 0.4%
Housing Wire
JULY 26, 2021
As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. An additional $6,400.
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