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A housing boom doesn’t portend a bust

Housing Wire

Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. Demand driven by demographics is different than demand driven by mortgage finance innovation and “fix-and-flip” home buyers, as was the case in the mid-2000s.

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How LOs are dealing with a mortgage rate lockdown

Housing Wire

LOs interviewed by HousingWire said that most of their past clients don’t have a reason to sell their houses and that prospective buyers are waiting on the sidelines unless life happens — job relocations, marriage, divorce, pregnancy and death. Finding out why people are moving is important, he said.

Mortgage 381
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Why home-price growth is still up 18% year over year

Housing Wire

Nor can we ever have a credit sales boom again with lending standards back to normal. 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. I am not talking about investors; I am talking about primary resident homeowners. million listings.

Inventory 382
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How JVM Lending plans to expand without any loan originators

Housing Wire

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time. We are going to pursue the investor niche aggressively, meeting very specific realtors. I thought it was sparse.

Lending 379
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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. How can investors help with homeownership?

Investors 399
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Some mortgage companies expanding despite challenges

Housing Wire

Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm. New Western calls itself “the largest private source of investment properties in the country,” connecting more than 100,000 local investors looking to rehab houses with sellers. Department of Agriculture (USDA).

Mortgage 382
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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. 533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. Other established names to make the Inc.