Housing Wire

FEBRUARY 16, 2023

They have less competition as they are working from low sales levels in today’s housing market. However, the glaring difference today versus the recession of 2008, is that in 2007 the builders had to deal with over 4 million active listings as competition for their pricey new homes. months, this is an OK market for the builders.

Construction 472

Construction Housing Market Inventory Mortgage 472

Housing Wire

MAY 23, 2023

housing market. Last year, while the Census Bureau was reporting the new home sales numbers and the builders were having high cancellation rates, the monthly sales report didn’t account for the cancellations of contracts. months and below, this is an excellent market for builders. When supply is 4.3 When supply is 4.4-6.4

Inventory 516

Inventory Housing Market Construction Marketing 516

Housing Wire

AUGUST 1, 2023

All year, the strength of homebuyer demand and the tight supply of homes for sale has meant that the market pretty rapidly found a floor on the home-price correction of 2022. If you were looking at the market in the fall of 2022, you would have expected home prices to continue to fall further in 2023. In 2022 there were 418,000.

Inventory 343

Inventory Contracts Buyers Mortgage 343

Housing Wire

MARCH 29, 2023

“Securitization of HELOCs had been a small part of the RMBS [residential mortgage-backed securities] market in the pre-financial crisis period, but issuance was still relatively commonplace until 2007,” states a fall 2022 DBSR Morningstar report focused on the securitization market for HELOCs. to 2 points.”

Contracts 334

Contracts Lending Investing Investors 334

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

MAY 4, 2021

Caroline Reaves, CEO of property services provider Mortgage Contracting Services , announced her retirement on Tuesday after leading the company for 14 years. Because of her contributions to the market, Reaves was also named a HousingWire Women of Influence in 2018.

Contracts 237

Contracts Development Business Mortgage 237

Simonson Real Estate

JANUARY 25, 2022

As we move into a new year, it’s natural to question what’s in store for the commercial real estate market in 2022. In this article, we will share the Twin Cities apartment market data from 2021 and give insights on what to expect in 2022. Paul metropolitan area with about 80% market rate units and 20% affordable housing.

Marketing 131

Marketing Construction Real Estate Lending 131

Housing Wire

DECEMBER 29, 2021

Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. And then builders are pretty likely to change prices throughout the life of listings, and they’ll list it and if the market is softer, they will lower the price.

Realtors 303

Realtors Real Estate Agent Agents Real Estate 303

Housing Wire

JANUARY 22, 2021

Fannie had Countrywide , Freddie had Wells , and the two GSEs basically divvied up the largest lenders to majority share agreements that essentially locked in market share at levels that, frankly, regulators should have been more focused on. The outcome of this led to an even greater market power for the mega lenders. GSEs go all in.

Government 512

Government Finance Investors Marketing 512

Housing Wire

JULY 7, 2022

There are so many different numbers when it comes to “market share” when industry participants are discussing this deal. What are the real numbers of the deal related to market share for ICE? I believe that Black Knight contracts are similarly structured. . With so much uncertainty in the industry, why do this acquisition now?

Modernization 380

Modernization Technology Investing Mortgage 380

Miller Samuel

FEBRUARY 24, 2021

It is where the BOD gets to vote on Jim Amorin's new contract that the entire board has not seen. You can't vote on a contract in good conscience, if you haven't seen it or been exposed the the key terms. Jim Amorin has made $1,725,003 from 2007 to 2019, yet membership has fallen 22.7% over that period.

Appraisal 259

Appraisal Design Contracts Real Estate 259

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? Now all the above factors are finding a place to land, and everyone is asking: When will the market change? With this frenzy came even more buyers making crazy statements like “the market will crash soon; I will just wait a few more months”. week supply of homes on the market.

Marketing 66

Marketing Sellers Buyers Inventory 66

Housing Wire

AUGUST 31, 2022

After two record-setting years of mortgage origination volume, the mortgage industry is contracting, sharply. The monthly Employment Situation Summary news release based on the CES data is regarded as a key report in gauging the health of the overall job market. By comparison, we are forecasting total volume of about $2.3

Lending 382

Lending Mortgage Real Estate Loan Officers 382

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. That’s because fewer homes are being placed under contract. By creating demand with accurate pricing and aggressive marketing.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

JULY 21, 2023

NOTE: Does your market look similar? NOTE: Please scroll down to read the other topics in this long blog post on changing real estate market, interest rate forecasts, non lender appraisals, foreclosures way down from 2008, Freddie and ANSI, unusual homes, mortgage origination stats, etc. Appraising started in the U.S.

Appraisal 89

Appraisal Real Estate Contracts Business 89

Appraisal Today

FEBRUARY 23, 2024

I also have some market recap visuals to unpack what’s been happening in 2024 so far. The truth is there are portions of 2021 and 2022 where prices are exactly the same as today too, so if I use an older comp, I don’t always need to adjust for the way the market has changed. Market conditions is the easiest adjustment to make.

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Appraisal Today

DECEMBER 22, 2023

superadequacy is defined as “an excess in the capacity or quality of a structure or structural component; determined by market standards.” Appraisal methodology for single family residences analyzes a market to determine base employment and overall employment trends. Per The Dictionary of Real Estate Appraisal, 6th Ed.,

Appraisal 76

Appraisal Business Contracts Real Estate 76

Miller Samuel

JULY 19, 2021

Remember that Jim Amorin makes over $500k, and using comps of CEOs at reasonably similar organizations, his salary is nearly double the market rate - and membership is forced to pay that. I find his efforts consistent with the disrespect and lack of attention that residential membership has experienced since the Jim Amorin era began in 2007.

Design 370

Design Appraisal Training Law 370

Appraisal Today

SEPTEMBER 29, 2023

Today, they are becoming popular to get extra rentals in markets low on housing. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. Some types of non-lender appraisals have little competition, and marketing can be done quickly.

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). Days on Market: 107.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

MAY 26, 2023

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. percent from 6.57

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

AUGUST 5, 2022

“The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.”. Marketing: Lender: get on AMC and lender lists. Non-lender: marketing in person and online.

Appraisal 59

Appraisal Valuation Contracts Modernization 59

MN Real Estate Services

JUNE 24, 2016

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) decreased to its lowest level since May 2013, 3.76 million units last month, the highest level since February 2007. The market is constantly changing. Total mortgage application volume increased 2.9 million units.

Finance 78

Finance Realtors Real Estate Retail 78

Lamacchia Realty

MARCH 26, 2024

The Florida real estate market has shifted, and the number of active listings has increased at a much faster rate than the rest of the country over recent months. Due to these rising costs and rising number of listings, condos are remaining on the market for much longer periods than before, attracting less interest from buyers.

Bracketing 60

Bracketing HOA Sellers Buyers 60

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. Marketing Strategies. Power Dynamic. Buyer Expectations.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

MAY 9, 2023

How’s the market, you ask? The typical seasonal spring in its step has been replaced by a slow shuffle as the Seattle/King County residential market tries to find its rhythm in a challenging economic environment. Pending sales – those listings that went under contract in April – rose 3.0% (2435) from March in King County.

New Listings 59

New Listings Inventory Buyers Sellers 59

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. If there is a silver lining for those in the market for a home, it’s that prices should fall as demand eases. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

JUNE 9, 2021

Fast forward to today and markets here and across our nation are going through serious inflationary pressures. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 market during the pandemic – and there is great anticipation for strong demand.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Appraisal Today

AUGUST 25, 2023

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. This knowledge positions agents to market properties competitively and attract the right buyers. This information helps the appraisers’ understanding of the market.

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

Appraisal Today

NOVEMBER 17, 2023

acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA. To plan for the future, I decided never to have a big staff again as I was unwilling to do all the marketing required. Excerpts: 4 bedrooms, 4 baths, 2,652 square feet, 0.29 Too cyclical. million. “The

Appraisal 69

Appraisal Modernization Training Business 69

Will Springer Realtor

OCTOBER 10, 2023

Unfortunately for buyers, a combination of the typical seasonal trend and higher borrowing costs has slowed housing market activity to an excruciatingly slow pace – and there are concerning signs ahead. First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. 1 and Oct.

Buyers 64

Buyers Inventory Sellers Housing Market 64

Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. Homes going under contract (Pending sales) dropped 25% from the previous month and 30% year-on-year (YoY) – staggering drop-offs. Here are some that were touted in this newsletter within the last year – and are still on the market today.

Housing Market 36

Housing Market Contracts Architecture Buyers 36

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. Seattle (12%) and the Eastside (11%) drove the increase in single-family units sitting on the market as of July 1. up 5% from May.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Appraisal Today

SEPTEMBER 30, 2022

in 2007-2008, few appraisers used them. Off and on the market since 2013. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market. But this is a massive deal for buyers in today’s market who are trying to afford a house. Excerpts: The 1.76-acre

Appraisal 52

Appraisal Inspection Easement Contracts 52

Will Springer Realtor

MAY 9, 2022

A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.”

Architecture 36

Architecture Design Buyers Construction 36