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MSR market is partying like it’s 2006

Housing Wire

About $180 billion in residential bulk MSR assets were brought to market just in the month of January, “and February will be another huge month as well,” according to Michael Carnes, managing director of the MSR valuation group for New York-based Mortgage Industry Advisory Corporation (MIAC).

Marketing 350
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The current REO market requires an expansion of services for business growth

Housing Wire

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Financial risk mitigation involves diligence, data analytics, and the expertise of VRM’s licensed real estate professionals , leveraging over 40 years of valuation data through its affiliate, PCV-Murcor.

Business 337
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Opinion: Can tech and iBuyers fix the real estate market?

Housing Wire

Similarly, companies like Zillow and Trulia launched in 2005 and 2006 as “real estate search engines” to help buyers more easily find a home online. Having everything in-house enables iBuyers to lower closing costs for buyers and sellers, offer real-time, 24/7 customer support and provide unique financing solutions for buyers.

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Rising home prices take a toll on pending home sales

Housing Wire

The faster price growth is leading to affordability challenges for certain segments of buyers, and particularly for first-time homebuyers,” Kan said. “Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices.

Realtors 532
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Home prices see greatest gain in over 6 years

Housing Wire

census divisions rose 7% in September from a year ago, the greatest year-over-year gain since 2014, and nearly 23% higher than its last peak in 2006. The S&P CoreLogic Case-Shiller index covering home prices of all nine U.S. The September increase was also greater than the 4.8% year-over-year.

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Opinion: The end of seller speculation in US housing market

Housing Wire

Even though sellers’ median valuations in each of these housing markets grew by an astounding 40% or more over the previous year, only one market, Panama City, Florida, saw a year-over-year increase in the number of homes newly listed for sale. The end of seller speculation in the housing market is long overdue and welcome news for buyers.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

1,522 MIOYM 377% 2008 Real estate firm that identifies and rehabilitates distressed single-family residential properties, later selling them to first-time home buyers nationwide. 1,943 EmpowerHome 289% 2006 A partner to real estate teams and agents, offering exclusive programs to ensure sellers get top dollar for their properties.