Empire Appraisal Group

JUNE 6, 2024

Study: All-Cash Buyers Pay 10% Less A new study shows sellers would rather leave money on the table and accept an all-cash sale than risk losing the sale completely because the mortgage falls through. We find sellers are willing to leave money on the table to avoid the risk.” In policy terms, U.S.

Buyers 78

Buyers Sellers Real Estate Finance 78

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic.

Inventory 454

Inventory Law New Listings Sellers 454

Housing Wire

APRIL 1, 2024

Meanwhile, homeowners who bought in January 2000, January 2006 and January 2013 have received boosts of $414,000, $338,000, and $343,000, respectively. trillion in home equity at the end of 2023, up from $15 trillion in 2006, the previous peak of the housing cycle. Overall, U.S. homeowners held $31.8

Investing 394

Investing Buyers Mortgage Housing Market 394

Housing Wire

DECEMBER 6, 2023

We’ve had a lot of requests for a buydown feature, and we hope it provides some relief to buyers during the current state of the housing market,” Zwick added. Founded in 2013, CBC Mortgage Agency’s Chenoa Fund program completed more than 40,000 mortgage transactions since its inception, according to its website.

Mortgage 333

Mortgage Sellers Finance Housing Market 333

Housing Wire

MAY 29, 2024

Details of the latest membership count comes as the trade group works to implement a series of major rule changes stipulated by the Sitzer/Burnett commission lawsuit settlement agreement, as well as fewer market opportunities for members due to historically low levels of existing-home sales inventory. Membership dipped just below 1.5

Realtors 306

Realtors Agents Inventory Modernization 306

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. I have been talking about the range of inventory that I need to see to remove the ‘ savagely unhealthy’ housing market theme. million, we will be in a much better place for housing. This is the unhealthy aspect of housing.

Inventory 506

Inventory Housing Market Marketing Realtors 506

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. trillion and to nearly $9.3

Marketing 353

Marketing Investing Mortgage Investors 353

Housing Wire

DECEMBER 15, 2020

“Unlike other branded real estate groups, Forbes Global Properties is not merely a listing tool for agents — it offers direct and measurable access to potential high-net-worth buyers through Forbes’ worldwide media penetration.”. How to gain more listing visibility in a shifting housing market. Presented by: Apartments.com.

Brokerage 355

Brokerage Real Estate Housing Market Sellers 355

Housing Wire

JUNE 8, 2022

I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. . A short history of the housing crash narrative.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Appraisal Buzz

JUNE 13, 2024

Data are compiled monthly in more than 430 local market areas across the country. framing lumber market weekly using the Random Lengths Framing Lumber Composite (comprised using prices from the highest volume-producing regions of the U.S. and Canada). points since Q1 of 2014.

Renovations 221

Renovations Inventory Marketing Housing Market 221

Housing Wire

MAY 9, 2022

housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs. housing market is more tied to mortgage buyers. We saw this in 2013-2014 and 2018-2019. Will the U.S.

Housing Market 526

Housing Market Buyers Mortgage Marketing 526

Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

New Listings 469

New Listings Inventory Housing Market Sellers 469

Housing Wire

MAY 12, 2021

trillion in home sales this year, a 17% increase year over year — the largest annual percentage increase since 2013, and a number that, if reached, would be a record high. trillion is roughly equal to France’s 2020 gross domestic product , or the combined market value of Amazon and Facebook. Redfin projected $2.53

Housing Market 403

Housing Market Inventory Mortgage Market Value 403

Housing Wire

JUNE 28, 2023

Founded in 2013 by Brew Johnson, Brett Crosby and Alex Perelman, Peer Street developed a marketplace connecting lenders and borrowers seeking capital to investors looking for real estate-related debt. California-based real estate investing platform Peer Street, Inc. million in 2021, Dunn wrote. .

Investors 396

Investors Real Estate Mortgage Investing 396

Housing Wire

JULY 30, 2021

In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. And with today’s low interest rates, buyers have been rushing to purchase what’s available. If you’re a buyer, you want to make sure you’re purchasing a home that’ll increase in value.

Renovations 483

Renovations Buyers Sellers Investing 483

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% The question is, can lower mortgage rates save the housing market from its recent downtrend? We saw this in 2013-2014 and 2018-2019. However, as we all know, after 2020, things are just more intense. . Higher rates and sales data.

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

Housing Wire

DECEMBER 14, 2020

The evidence for this can be seen here in a series of charts published with the article: Considering all the wild machinations in the market that we lived through from the date of the first infections to the present, I thought it would be useful to recap some of the year’s significant economic milestones. BC Era: Before Coronavirus.

Housing Market 545

Housing Market Government Marketing Mortgage 545

Housing Wire

APRIL 9, 2021

“First-generation buyers who do buy homes often take on greater debt to do so or delay homeownership for years, making it difficult for homeowners of color to build wealth at the same pace as white homeowners,” said Jung Choi, a senior research associate with the Housing Finance Policy Center. Presented by: Citibank.

Finance 433

Finance Housing Market Buyers Mortgage 433

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Have higher rates worked? Some data to consider: 1.

Housing Market 492

Housing Market Marketing Mortgage Inventory 492

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

Housing Market 394

Housing Market Buyers Agents Marketing 394

Housing Wire

JUNE 15, 2022

In 2013-2014, when rates jumped very fast, this index trended down by negative 20% year over year to hit an adjusted population all-time low in 2014. So the bond market has always got ahead of the Fed rate hikes in terms of pricing, and the Fed is playing catch up! What’s priced in? Logan Mohtashami: Fed Day Is Here!

Inventory 338

Inventory Investors Retail Housing Market 338

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. 602 spot and the title of top-ranked team was North Syracuse, New York-based, The Tarry Team , which was founded in 2013 by Thomas Tarry. 5000 list this year. Claiming the No.

Brokerage 366

Brokerage Real Estate Realty Real Estate Agent 366

Housing Wire

JUNE 11, 2021

The data captures a historic year in which the housing market cratered at the pandemic’s start only for sales to surge in the fall to their highest level since the 2006 housing bubble. Heading the RealTrends’ top 1,000 agents list – as he has for most years since 2013 – is Ben Caballero, of Dallas-based HomesUSA.

Agents 424

Agents Brokerage Realty Real Estate 424

Housing Wire

APRIL 7, 2023

Elon Musk recently took to Twitter in response to the Kobeissi Letter , a reputable authority on market commentary. Reading headlines or, in this case, Tweet threads , rooted in the “demise of the market,” tend to create false pretenses that sway investment decisions, often when they shouldn’t.

Retail 337

Retail Real Estate Clients Modernization 337

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Bulk Buyer Bonanza.

Investors 387

Investors Renovations Marketing Retail 387

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. This sector on an apples-to-apples basis is more expensive than the existing home sales market. percent (±11.9

Mortgage 443

Mortgage Inventory Housing Market Construction 443

Housing Wire

MARCH 18, 2021

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. year-over-year to $336,200 in February – the largest increase since July 2013, according to the latest report from Redfin. Non-QM: New Market + New Rules = New Opportunities.

Buyers 545

Buyers Sellers Inventory New Listings 545

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Housing Wire

FEBRUARY 15, 2023

Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. Builders are continuing to offer a variety of incentives.

Mortgage 375

Mortgage Supply Chain Housing Market Construction 375

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. Due to the solid demand for homes, housing supply for both new and existing homes are at all-time lows. Demand right now is not an issue for both the existing and new home sales market. New Home Supply.

Inventory 543

Inventory Construction Government Housing Market 543

Housing Wire

OCTOBER 21, 2022

Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse. While still too low for my taste, the days on the market are heading in the right direction —higher — creating balance.

Housing Market 284

Housing Market Inventory New Listings Mortgage 284

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Inventory 495

Inventory Housing Market Construction Marketing 495

Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? Investor purchases of U.S.

Appraisal 69

Appraisal Real Estate Contracts Design 69

Housing Wire

FEBRUARY 29, 2024

Bureau of Labor Statistics from 2013 to 2023. This has the potential to add even more economic pressure for prospective buyers looking for homes in these parts of the country, the analysis stated. Theoretically, new construction should be bolstered by the acute shortage of housing on the market,” Point2 said.

Inventory 386

Inventory Supply Chain Construction Buyers 386

Housing Wire

NOVEMBER 30, 2020

Condos sales are rebounding because buyers are finding great deals,” said Redfin’s Chief Economist Daryl Fairweather. and is the largest premium since at least 2013, when Redfin began recording this data. Redfin also said that condos are taking longer to sell, as the average days on the market was 36. last month.

Buyers 449

Buyers Marketing Housing Market Real Estate 449

Housing Wire

JUNE 2, 2022

housing market. And now we are facing a tumultuous year of mortgage market normalization. Interest rates are rising, affordability is a challenge, and geopolitical conflicts impact global supply markets. It’s only natural that market players might be skittish over what direction housing will trend.

Housing Market 433

Housing Market Supply Chain Construction Clients 433

Housing Wire

MARCH 23, 2021

After a near decade high in January, new home sales for single-family houses plummeted 18.2% to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. Census Bureau and the Department of Housing and Urban Development.

Construction 527

Construction Buyers Development Contracts 527