Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? We didn’t see too much volatility in mortgage rates last week, but purchase apps declined in reaction to rates rising two weeks ago. Mortgage rates started the week off at 6.61% and ended at 6.66%, so a calm week on the rate front.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

SEPTEMBER 2, 2020

The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. The buyers are coming in because of the low interest rates – that’s the No. The post Why is the housing market thriving in a pandemic?

Housing Market 546

Housing Market Marketing Realtors Mortgage 546

Housing Wire

NOVEMBER 19, 2020

Existing home sales came in at a whopping 6,850,000 , beating estimates with the highest print since 2006. Days on market fell from 36 days to 21 days on a year-over-year basis. Cash buyers remain at a historically high level of 19%, the same as last year, while sales grew 26.6% The housing market is hot. year over year.

Housing Market 545

Housing Market Marketing Inventory Buyers 545

Housing Wire

OCTOBER 8, 2021

home prices are quickly shifting the affordability calculus for prospective homebuyers in 2021 — even though mortgage rates have remained near record lows. Despite average 30-year mortgage rates that have remained below 3% for most of 2021, the rapid home price increases are eroding affordability for average wage earners. Among 75 U.S.

Renovations 543

Renovations Inventory Marketing Property Taxes 543

Housing Wire

SEPTEMBER 26, 2023

. “This is about the same rate of price growth that occurred during the 2002 through 2006 period when subprime lending drove exuberant housing demand. “But that is where the similarities end. Mortgage holders are well-qualified and subprime loans are rare. ”

Inventory 458

Inventory Housing Market Lending Buyers 458

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. However, this year has seen one big game-changer: the 10-year yield finally cracked over 1.94%, which drove mortgage rates over 4%. As we can see below clearly, the market worsened before the job-loss recession happened.

Housing Market 525

Housing Market Marketing Inventory Realtors 525

Housing Wire

MARCH 28, 2022

As lenders adapt to a purchase-centered market , HousingWire spoke to Brian Boero, CEO of 1000watt , about opportunities to grow lenders’ effectiveness in the Realtor and broker market. That’s nearly 200,000 above the previous peak in 2006. Much of the marketing we see from lenders doesn’t seem to get this fully.

Realtors 370

Realtors Real Estate Agent Marketing Advertising 370

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., In total, 39 of the 50 largest markets saw home prices increase on an adjusted basis in February.

Inventory 397

Inventory New Listings Housing Market Mortgage 397

Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. The table also reports the year-over-year percent change in new listings for each market. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022.

Housing Market 410

Housing Market Sellers Marketing New Listings 410

Housing Wire

AUGUST 14, 2023

billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 financial crisis. In the mortgage space, UBS has plans to wind down a business in its U.S. mortgage unit that focuses on “to-be-announced” (TBA) trading.

Investors 369

Investors Law Design Mortgage 369

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. The one period where this didn’t happen was from 2006-2011, when credit forced Americans to sell, to rent or to be homeless. However, expect sales to pick up again soon since mortgage rates have markedly declined after peaking late last year.”

Inventory 541

Inventory Housing Market New Listings Marketing 541

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. The faster price growth is leading to affordability challenges for certain segments of buyers, and particularly for first-time homebuyers,” Kan said. compared to a year ago.

Realtors 534

Realtors Inventory Contracts Development 534

Housing Wire

APRIL 23, 2021

soared 18% year-over-year in March 2021 to a median of $356,000, according to a report Redfin released Friday that provided stark evidence of a housing market where demand greatly exceeds supply. Homes sold in March were on the market for 21 days, per the report, the shortest period between listing and sale since 2012.

Inventory 441

Inventory Housing Market Realtors Marketing 441

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. The city’s housing dynamics point to strong buyer demand, which fueled a 16.8% Combined with interest rates that began around 2.5%

Housing Market 421

Housing Market Real Estate Agent Marketing Real Estate 421

Housing Wire

FEBRUARY 17, 2023

Mike Simonsen, president of Altos Research , will share his data-focused insights on the housing market at Gathering of Eagles 2023. Simonsen founded Altos Research in 2006. The information in an Altos Market Report ranges from median home price to days on the market and the percent of price decreases.

Sellers 396

Sellers Housing Market Real Estate Agents 396

Housing Wire

DECEMBER 14, 2020

Homebuyer , an Ohio-based software startup offering digital mortgages to first-time home buyers, announced on Monday it had snagged $1.4 An ex-software engineer, Green is also a former loan officer and founder of The Mortgage Reports, a mortgage education website that was eventually acquired by Full Beaker.

Loan Officers 396

Loan Officers Investors Legal Buyers 396

Housing Wire

SEPTEMBER 29, 2021

“Increased inventory of homes for sale, near historic low mortgage rates and favorable demographics means more housing demand, ” Odeta Kushi, the First American deputy chief economist said in a statement. This is a strong purchase market and the uptick in inventory is bringing back some buyers who pulled back during peak frenzy.”.

Contracts 421

Contracts Inventory Housing Market Marketing 421

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun.

Inventory 528

Inventory New Listings Housing Market Sellers 528

Housing Wire

DECEMBER 30, 2020

from its former high in July 2006, and was up 8.4% As 2021 approaches, Yun predicts that there will be a slight uptick in mortgage rates to around 3%, existing-home sales to increase by roughly 10% and new home sales to increase by 20%. Streamlining the refinance process in this low mortgage rate environment. year over year.

Contracts 534

Contracts Inventory Realtors Government 534

Housing Wire

JUNE 30, 2021

The Freedom Mortgage Wholesale Division offers their clients the industry’s most experienced sales and operational teams to support a full spectrum of products from conventional to government. Freedom Mortgage’s experienced account executives have an average tenure of 8.5 1 VA, FHA and GNMA lender.”.

Mortgage 201

Mortgage Clients Training Government 201

Housing Wire

APRIL 27, 2021

The 12% home price gain is the highest recorded increase since February of 2006. “This data remains consistent with the hypothesis that COVID-19 has encouraged potential buyer to move from urban apartments to suburban homes,” Lazzara said. in January. It’s the ninth straight month of increasing prices.

Inventory 384

Inventory Buyers Finance Investing 384

Housing Wire

SEPTEMBER 28, 2020

The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. Compare today’s housing market with that in 2018, when mortgage rates were heading toward 5% and monthly supply went above 6.5 We haven’t started a year yet at 1.5

Inventory 530

Inventory Buyers Mortgage Housing Market 530

Housing Wire

MAY 25, 2021

” Technology for navigating secondary market challenges. In this webinar, MCT COO Phil Rasori and expert guest panelists will review how mortgage lenders can overcome common challenges selling their loans on the secondary market. to the highest level since 2006. Presented by: MCT.

Construction 421

Construction Technology Development Marketing 421

Housing Wire

SEPTEMBER 28, 2021

below its 2006 peak. Additionally, there are move-up buyers with larger budgets who are relocating to more affordable areas where they’re financially able to outbid local residents. In addition, homebuyers are continuing to enjoy low mortgage rates , boosting the demand for homes even higher.

Housing Market 485

Housing Market Finance Contracts Inventory 485

Housing Wire

DECEMBER 28, 2021

The managing partner of ACCEL Realty Partners in Boise, Steve Caporale, said that the video gave him pause, especially since, “The market has been softening a bit.”. But — in the same beat — Caporale added, “There is still a massive influx of buyers, and I am not seeing a significant drop in demand.” on pace for 6.29

Real Estate 450

Real Estate Realty Brokerage Realtors 450

Housing Wire

OCTOBER 28, 2020

After months of fending off an unsolicited takeover bid by two of its significant investors, CoreLogic today confirmed that it is looking for a buyer. “In The Company does not intend to comment further on market speculation or disclose further developments unless and until it deems further disclosure to be appropriate or required.”.

Investors 353

Investors Buyers Investing Technology 353

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. housing market is suffering some cracks, but an outright collapse is nowhere in sight. Source: U.S.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

JUNE 15, 2022

How will the announcement impact mortgage rates? So the bond market has always got ahead of the Fed rate hikes in terms of pricing, and the Fed is playing catch up! If they hint that this is on their minds, bond yields can retrace and head lower giving better pricing for mortgage rates. What do you expect to hear?

Inventory 370

Inventory Investors Retail Housing Market 370

Empire Appraisal Group

MAY 13, 2021

housing market is on a hot streak with double-digit annual gains in home prices, bidding wars, and surging buyer demand. That type of soaring housing market is prompting more “bubble” fears in some corners, but economists say the housing market isn’t getting overinflated. “We But this isn’t 2006.

Housing Market 78

Housing Market Realtors Inventory Finance 78

McKissock

SEPTEMBER 7, 2021

Following the pandemic, we are experiencing a surging real estate market, which begs the question: Is there a market correction on its way? Some market watchers are predicting that when it does happen, it will not be as severe as the last one, while others anticipate something of similar degree or even worse. 12 = $416,667.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. New listings are declining now.

Inventory 384

Inventory New Listings Law Housing Market 384

Housing Wire

APRIL 23, 2021

Low mortgage rates and incredible buyer demand won out over pressure from soaring lumber prices in March as single-family new home sales rose 20.7% This is the fastest sales pace since September 2006. This is the fastest sales pace since September 2006. As long as mortgage rates stay low the builders are going to be fine.”

Buyers 491

Buyers Housing Market Marketing Inventory 491

Housing Wire

APRIL 8, 2022

In time, markets always find balance and balance is a good thing. One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. No, it can’t. before COVID) stage.

Housing Market 397

Housing Market Marketing Inventory Lending 397

Lamacchia Realty

JULY 26, 2023

Compiling Q2 with Q1 brings the big picture into focus: the 2023 real estate market is still making historic moves, this time with a decrease in listings, compared to the pandemic-era rise in sales and prices in 2021. New Hampshire data goes back to 1998, with the highest listing Q1 was also in 2006 at 9,685 and with 2023 the lowest at 3,399.

Sellers 60

Sellers Buyers Real Estate Realty 60

Cornerstone

APRIL 30, 2021

Here’s a quick recap of why selling can be a smart move this spring: Springtime normally shows an influx of buyer activity. Spring is a favorable season for move-up buyers. This includes getting prequalified for a mortgage early so a buyer is prepared to act before they start hunting. Download the infographic here.

Sellers 66

Sellers Buyers Inventory Loan Officers 66

Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. The housing sector — especially real estate and mortgage — has seen significant layoffs , while the general economy will create more than 4 million jobs in 2022. Production falls. Incomes go down.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Lamacchia Realty

JANUARY 12, 2024

In 2021, Lamacchia Leominster ranked as the  #1 Brokerage for closed sales dollar volume in Leominster  and prior to that was  #1 in Market Share on its first anniversary  of opening its doors.  "We're thrilled for our fantastic REALTORS® at Lamacchia Leominster! I couldn't be prouder of their accomplishments yet again.

Realty 60

Realty Brokerage Realtors Training 60