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HW+ Member Spotlight: Reina Ramos

Housing Wire

Reina Ramos: I don’t have a favorite article but rather enjoy and appreciate the coverage HW provides on all subject matters that are affecting the mortgage industry as well as Realtors. Lenders need to be mindful that clients don’t purchase homes often and using acronyms to describe the program, terms or process can create confusion.

Inventory 382
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How LOs are dealing with a mortgage rate lockdown

Housing Wire

I go into real estate offices and Realtors have zero listings for the week,” said the LO, who requested anonymity to protect the business of her partners. “I One of Gelbman’s clients, who has been on the market for at least a year, was priced out in 2021 due to “overbidding.” million, below the 2019 range of 1.52

Mortgage 381
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With mortgage rate volatility, buyers can save by shopping around

Housing Wire

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. There is more inventory relative to demand, and deals can be found. A year ago at this time, rates averaged 3.01%. This will be a time of changes,” he said.

Buyers 450
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This Isn’t a Bubble

Empire Appraisal Group

source: ‘This Isn’t a Bubble’ | Realtor Magazine. housing,” Vishwanath Tirupattur, a Morgan Stanley strategist, wrote in a note to clients this week. Lawrence Yun, chief economist of the National Association of REALTORS®, agrees. ‘This Isn’t a Bubble’. We have strong conviction that we are not experiencing a bubble in U.S.

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Fla. Unlikely to Feel Impact from Slowing Market

Empire Appraisal Group

Recent studies by three South Florida universities and the University of Alabama point to the same high demand and low inventory as reasons for the homebuyer and rental angst experienced since the start of the pandemic, but the research also found future population growth in Florida will extend housing woes. “We Housing crash unlikely.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Top Ranked Realtors: Paige Martin & The Houston Properties Team. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. We’re already having conversations with our clients in the industry. Oil & Gas Having A Bigger Impact?

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Houston Real Estate Market Forecast: Current Data & 2022 Predictions

Houston Properties

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Best Houston Realtors: Paige Martin & The Houston Properties Team. "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data.