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Making housing more affordable by bridging the affordable supply gap

Housing Wire

As Candace Taylor writes in The Wall Street Journal , “These days, buyers eschew the large, ornate houses built in [previous] years in favor of smaller, more-modern looking alternatives.” Of builders surveyed, 44% say that buyers’ ability to qualify for a loan is one of the biggest obstacles for taking on a new project.

Finance 369
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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. That’s according to an analysis of more than 275,000 properties brought to foreclosure auction on Auction.com in the last seven years, between 2016 and 2022. “I

Inventory 371
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Community lenders will thrive in 2021’s purchase market

Housing Wire

From 2010 to 2016, for instance, the top five depositories saw mortgage origination fall from 64% to 25% , a loss of ~$500 billion in originations. Even though large banks could educate these potential buyers, community lenders are especially well equipped to take on this job.

Marketing 382
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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. years, assuming prospective buyers save 5% of their household income each month.

Buyers 36
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A look behind this year’s Tech100 winners

Housing Wire

In 2016 LLR led a $26.5 The newest of these real estate technology companies are involved in offering buyers and sellers financing options so they can compete with cash buyers and investors, buy a home without a contingency and win in a multiple offer situation. Knock.com offers solutions for both buyers and sellers.

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Sandalwood Homes For Sale

Houston Properties

They brought a lot of buyers through, and we were fortunate enough to have multiple offers to choose from. Sandalwood is the perfect place for buyers who are looking for a perfect balance between a luxurious lifestyle and serene city living. – 2016: #1 Individual Agent, Keller Williams, Texas.

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The title insurance industry prepares for battle

Housing Wire

Prior to the recent rise in HELOC volume, Braga said her firm typically saw HELOCs as part of simultaneous closings where buyers would do a first mortgage and a HELOC at the same time. A thoroughly modern threat: Wire fraud. billion, far higher than the $360 million in claimed losses recorded in 2016.

Insurance 465