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FirstClose secures $35 million investment from Lateral

Housing Wire

Mortgage and home equity fintech FirstClose received a $35 million investment from Lateral Investment Management on Tuesday. This is FirstClose’s first institutional equity investment round: The company has been self-funded since its founding in 2000. home equity and mortgage markets.

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Working with buyers in the nation’s hottest housing market

Housing Wire

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. I haven’t seen anything like this here, and I’ve been doing this since 2000,” Richardson said.

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3 Reasons We Absolutely Are Not in a Housing Bubble

Berkshire Hathaway

With home values forecasted to appreciate by about 5% this year it has some people concerned that we may be in another housing bubble and that that bubble is about to burst. Unlike what we experienced a little over a decade ago, there are multiple reasons why this market is completely different. months which is an historic low.

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Non-Arms Length Sales for Appraisers

Appraisal Today

This practice may shed light on why the correlation between home values and neighborhood racial composition strengthened again from 1980-2015, while the connection between home values and traditional factors like housing characteristics, construction quality, neighborhood amenities, and socioeconomic status weakened.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

30-Year Fixed Mortgage Rates from 2000 to today. Another issue that led to the housing crash of 2008, was unqualified buyers who were able to secure mortgages on homes they couldn’t really afford. You can listen here or on my podcast at Home Value Stories. And they would fluctuate, which did create some demand.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

Depending on the CE provider, there are several delivery methods available, from in-person learning classroom to online distance learning, webinars, and home studies. PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS (225 ILCS 454/) Real Estate License Act of 2000” [link] Illinois Real Estate Examination Program. link] FastExpert.com.

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By The Numbers

Will Springer Realtor

>> The percentage of homes purchased and flipped among all Q2 sales in the U.S. stood at 8.2%, according to ATTOM Data Solutions , making it the third-highest rate since the statistics were first tracked in 2000. wages required to purchase a median-priced home has fallen to 30.0% The high mark of 9.6% was set in Q1. from 30.9%