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Top Realtor Xio Sandoval to speak at Spring Summit

Housing Wire

Sandoval will be on a panel titled Lessons from Local Markets where real estate agents from three of the nation’s hottest housing markets will discuss how they’re working with lenders to get borrowers into homes. Sandoval serves the red-hot LA market and has been a top producer in the Century 21 franchise for 13 years.

Realtors 207
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OK to average adjusted comps on appraisals?

Appraisal Today

Should big companies become giant landlords? In Sacramento, Invitation Homes went on a rampage in 2012 and 2013, and purchased more steadily in subsequent years. Weekly housing-market data goes back through 2015. To read more, Click Here My comments: What’s happening in your market? are confusing.

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FHFA Extends Relaxed Appraisal Standards, Spring Housing Market Expected to Remain Resilient, and More Appraisal News

McKissock

Housing is expected to remain resilient despite low inventory, with accelerated U.S. trillion American Rescue Plan will funnel billions into the housing market. Spring economic growth to support housing market. For additional market report highlights, see Fannie Mae’s March 2021 Economic and Housing Outlook.

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Making the Case to Own vs. Rent Your Home

Will Springer Realtor

That’s a conservative example in a housing market where prices have risen by 106% between December 2013 and December 2023, or 10.6% The home listed at $500K a year ago may be on the market for $508,500 or so today (and likely climbing) and the opportunity to build equity on the purchase is lost at least for a year.

Buyers 44
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Single-family rental market shows little sign of cooling 

Housing Wire

HouseCanary is a San Francisco-based real estate technology firm founded in 2013 that provides institutional investors, lenders and other clients with residential real estate analysis, valuation services and software. Two states where that demand/supply imbalance has led to spendy rents for SFR properties are California and Florida.

Marketing 384
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HUD plans to restore 2013 version of discrimination rule

Housing Wire

Department of Housing and Urban Development published a proposal to the Federal Register on Friday that would rescind the department’s 2020 disparate impact rule and restore the 2013 discriminatory effects rule. The state of the housing market for first-time homebuyers and communities of color.

Legal 397
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HUD withdraws appeal in fair housing case

Housing Wire

The rule, initially enacted in 2013 under the Obama administration, drew hefty backlash from the housing industry after changes to the rule were made under former President Trump last year. “Now HUD and the Biden Administration can get to work driving discrimination out of housing.

Landlords 485