Housing Wire

DECEMBER 29, 2023

It was the first annual decline ever recorded since 2017. Some Americans are still chasing affordability In November, all of the 10 most popular migration destinations posted lower prices than the most common origin of buyers moving in. The share dropped to 23.9%, the lowest level seen in a year-and-a-half, according to Redfi n.

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Buyers Housing Market Finance Real Estate 421

Housing Wire

SEPTEMBER 19, 2023

Led by Carrie Théard and Sean Hettich, District South’s 40 agents serve home buyers and sellers in Louisiana’s Acadiana region. Théard and Hettich joined forces in 2017 to create District South. Lafayette, Louisiana-based District South Real Estate Co. has joined Real, according to an announcement on Tuesday.

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Brokerage Agents Real Estate Realty 431

Housing Wire

MARCH 8, 2024

While Hometap doesn’t directly work with mortgage lenders or real estate brokerages right now, Burnett sees an opportunity for partnership to help buyers’ homeownership in the long term. Hometap’s investment volume hit $1 billion in February, surpassing 10,000 home equity investment issuances since it was established in 2017.

Investing 436

Investing Real Estate Agent Marketing Real Estate 436

Housing Wire

APRIL 1, 2024

When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. DBRS Morningstar’s rating of the $224 million securitization opened up new types of bond buyers that have inherently lower costs of capital, Saluda Grade CEO Ryan Craft said.

Finance 441

Finance Investing Real Estate Agent Real Estate 441

Housing Wire

SEPTEMBER 2, 2021

Zeev was also an initial investor in the proptech’s 2017 Series B. The company works to make purchasing a home easier by fronting prospective buyers the funds to make all-cash offers. It also allows sellers access to a network of pre-approved buyers to expedite the process. billion, the company claimed.

Real Estate 394

Real Estate Buyers Sellers Investors 394

Housing Wire

APRIL 9, 2024

In the 2017 tax bill, caps on state and local tax (SALT) deductions and a boost in the standard deduction eviscerated the mortgage interest deduction, ending its use for all but the wealthiest homebuyers. Congress is gridlocked, so enactment of these initiatives is highly unlikely.

Sellers 450

Sellers Realty Insurance Realtors 450

Housing Wire

SEPTEMBER 12, 2023

Founded in 2017, the proptech purchases a home for a potential buyer and then rents it back to them for up to three years. Divvy Homes conducted an unknown number of layoffs in February and laid about 40 employees or 12% of its staff in September 2022.

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Valuation Landlords Investing Buyers 397

Housing Wire

FEBRUARY 11, 2022

And since 2017, VA purchase loans helped roughly 200,000-230,000 VA-eligible first-time home buyers per year become homeowners. . The top five states for Veterans who were first-time home buyers and used VA purchase loans to buy homes were TX, FL, VA, CA, and NC – Figure 4. . and borrowed 98% LTV loans of $394,000 at 2.69%.

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Buyers Lending Finance Tools 384

Housing Wire

MAY 7, 2021

But Klir was mostly invisible to buyers’ agents. HousingWire looked at Opendoor’s metropolitan Atlanta operations, because the company has bought homes in the market since 2017. Of those sales, Klir was the listing agent for 1,213 of the 1,613 deals, according to FMLS data. The rest of this content is for HW+ members.

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Real Estate Agent Real Estate Agents Brokerage 384

Housing Wire

JULY 29, 2021

This looks very normal to me, especially with the existing home sales data that ended 2020 with 5,640,000, which is only 130,000 more than 2017 levels. We see that in the new home sales market as well, which the data got extremely wild.

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Housing Market Marketing Buyers Mortgage 534

Empire Appraisal Group

FEBRUARY 10, 2022

Buyers Denied Loans. Rising home prices are now increasing equity amounts for homeowners more quickly, as the shortage of available housing inventory for buyers stays limited. In the past five years, from 2017 to 2021, Black homeowners across the U.S. Buyers Denied Loans appeared first on Empire Appraisal Group.

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Housing Wire

FEBRUARY 29, 2024

Eventually, in 2017, he heard back from the husband. They need to know how many deals and how many buyers they need to work with to meet those targets. Serhant relayed a story from the early stages of his career, in which he met a couple looking to buy a property in New York City. But Serhant continued to follow up — for five years.

Agents 441

Agents Real Estate Real Estate Agent Marketing 441

Housing Wire

DECEMBER 1, 2021

Since its creation in 2017, the company has raised $13.5 According to Luke Babich, Clever’s co-founder and COO, some online lenders have the best rates but lose in the services provided to home buyers. million, including the new capital raising and a $3.5 million Series A round announced in the spring of 2019.

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Mortgage Real Estate Real Estate Agent Agents 410

Housing Wire

OCTOBER 17, 2023

As the trial for Sitzer/Burnett, the first of the two bombshell class action buyer broker compensation anti-trust lawsuits, kicks off this week , the real estate industry’s multiple listing services are busy preparing for any and all outcomes. “I

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Real Estate Realtors Agents Clients 431

Housing Wire

MARCH 2, 2023

The lender began servicing some investor loans in 2008, adding non-QM loans in 2015 and expanding to Fannie Mae loan servicing in 2017. In 2022, about 50% of its sales came from existing homeowners, 40% from investors and 10% from first-time buyers, according to A&D Mortgage. About one out of 10 guys say I still want to buy.

Mortgage 397

Mortgage Investors Development Investing 397

Housing Wire

NOVEMBER 20, 2020

Seasonally, October over September for 2019, 2018, 2017 were up 4.8%, up 9.9%, and up 5.6% Numbers throughout the industry are favorable for buyers, though, when compared to the months before the COVID-19 pandemic forced an economic shutdown. Refis now take 22 days longer in October than they did back March. respectively.

Mortgage 441

Mortgage Buyers 441

Housing Wire

MAY 2, 2022

Potential borrowers who’ve been priced out of the housing market need to be able to compete with an increasingly growing share of cash buyers and investors who are beating them in bidding wars. in December to about 8% in March – the highest share since 2017. Presented by: Finance of America.

Housing Market 421

Housing Market Mortgage Investors Finance 421

Empire Appraisal Group

OCTOBER 21, 2021

Investor Invasion: Profit-Minded Home Buyers Flock to S. MIAMI – Kaley Tuning and her husband began to invest in real estate in 2017 with the purchase of a modest home. In May, Olin said buyers from Argentina, Chile, Colombia and Mexico acquired 75% of the units at the Legacy Hotel & Residences condo in Miami.

Investors 78

Investors Buyers Real Estate Advertising 78

Housing Wire

SEPTEMBER 14, 2023

After more than a decade of under-building relative to population growth, there are simply not enough affordable entry-level and first-time move-up options available for buyers. housing market is short by at least 6.5 million homes. Renters are finding themselves priced out of areas within a reasonable commuting distance to work.

Tenants 397

Tenants Government Law Buyers 397

Housing Wire

MARCH 13, 2024

Now we are looking at a two- to three- business-day process and the buyer may not like the numbers they get back.” For some buyers, surprisingly high insurance premiums are causing them to second-guess the property they have selected. “I Last year alone, NOAA data shows there were 28 $1 billion weather and climate events in the U.S.

Real Estate Agent 458

Real Estate Agent Insurance Real Estate Agents 458

Housing Wire

FEBRUARY 25, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. Presented by: Propertybase. of the time, within 10% 75.6% and within 20% nearly 90% of the time.

Real Estate Agent 397

Real Estate Agent Home Value Real Estate Loan Officers 397

Lamacchia Realty

DECEMBER 28, 2023

Deanna has been a member of this club every year since its inception, having qualified in 2017, 2018 , 2019 , 2020 , 2021 , and 2022. Members of the 2017 and 2018 President’s Club, along with a portion of the Leadership Team and the Employee of the Year, flew to Hotel Riu Palace Antillas in Aruba  in  2018 and 2019 , respectively.

Realty 74

Realty Sellers Buyers Real Estate 74

Housing Wire

SEPTEMBER 30, 2020

The deal for Rand Realty – the top real estate brokerage in the Greater Hudson Valley with over $2 billion in sales volume in 2019 – gives Howard Hanna another top-producing shop in one of the fastest-growing markets in the country, one that’s been driven primarily by buyers leaving New York City.

Realty 410

Realty Brokerage Real Estate Sellers 410

Housing Wire

APRIL 30, 2023

We have to remember that a conventional seller is usually also a traditional buyer, so new listings growing toward their seasonal peak throws cold water on the idea that no one will list their homes because they already have a low mortgage rate (the mortgage rate lockdown theory).

Inventory 520

Inventory Housing Market Marketing New Listings 520

Housing Wire

JANUARY 27, 2022

billion, despite Congress having canceled $16 billion in debt in October 2017. But Fannie Mae , the government-sponsored entity that backstops a significant portion of the country’s mortgages, does not seek an exception to the 1974 Federal Privacy Act.

Insurance 384

Insurance Government Law Real Estate Agent 384

Housing Wire

JANUARY 7, 2022

The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. One issue that comes from this, Curbow said, is that buyers are afraid to pursue their dream home. “I sold a home to a hedge fund guy in New York. But overall demand is on the rise. national unemployment rate.

Housing Market 397

Housing Market Marketing Agents Real Estate Agent 397

Housing Wire

DECEMBER 9, 2022

Revolution, founded by Tony Grothouse in 2017, is a direct retail lender licensed in 45 states, with 316 active loan officers and 79 branches across the country, according to mortgage tech platform Modex. We underwrite to agency guidelines with very few overlays,” Covey said. The lender originated a volume of $1.8

Mortgage 410

Mortgage Retail Real Estate Agent Loan Officers 410

Housing Wire

FEBRUARY 1, 2021

million permanent modifications were started through the program, according to a Q4 2017 report from the U.S. million properties that completed the foreclosure process — either through a sale to a third-party buyer or return to the foreclosing lender at foreclosure auction — during the 2009 to 2019 period. More than 1.7

Buyers 410

Buyers Mortgage Marketing Home Value 410

Housing Wire

JANUARY 25, 2023

We can also expect low housing demand, which favors buyers. As a result, fewer homeowners placed their homes on the market in comparison to the 3-year average prior to the COVID-19 pandemic (2017 to 2019). Inventory What does that mean for housing? Higher mortgage rates have severely impacted demand.

Housing Market 432

Housing Market Marketing Inventory Sellers 432

Housing Wire

APRIL 23, 2023

We also have to remember almost 30% of homes are still bought with cash, so housing demand doesn’t need to be 100% driven by mortgage buyers. It gets harder to keep the bounce going if purchase apps don’t show more growth.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

MARCH 10, 2022

The California-based lender plans to use mello to boost the development of innovative products and services in a market that has gotten ultra-competitive , with power buyers, real estate brokerage, mortgage lenders and fintechs all vying to create an end-to-end platform.

Real Estate 384

Real Estate Business Technology Brokerage 384

Lamacchia Realty

NOVEMBER 27, 2023

Her expertise extends to assisting a wide range of clients, from first-time buyers to seniors, providing comprehensive guidance and support. Andrea’s strong work ethic, combined with her deep understanding of people and her local marketplace, makes her an invaluable asset to her clients. Congratulations!"

Realty 74

Realty Clients Buyers Marketing 74

Housing Wire

DECEMBER 29, 2020

With an exquisite natural background of the rolling hills behind it, the compound was transformed from a bachelor pad to a Mediterranean/Moroccan estate that graced the pages of Architectural Digest in 2017.

Real Estate 384

Real Estate Decorating Architecture Buyers 384

Housing Wire

JULY 29, 2022

The end of seller speculation in the housing market is long overdue and welcome news for buyers. This rise in inventory will tilt the bargaining power in these market toward buyers, and house price growth will ease. Early signs of blossoming competition for buyers are already evident in the data from Reator.com.

Housing Market 410

Housing Market Sellers Marketing New Listings 410

Lamacchia Realty

NOVEMBER 30, 2023

He has been servicing buyers and sellers in Miami and South Florida for nearly a decade and his hard work and determination have earned him respect and praise from all of his clients. Also earlier this year, Michael ranked on the 2023 RealTrends America’s Best Real Estate Professionals in Florida!

Realty 68

Realty Clients Real Estate Sellers 68

Housing Wire

JULY 25, 2023

One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago. The rising costs and lack of availability of homeowners insurance has forced many homeowners and buyers to turn to Citizens Property Insurance Corporation , the state’s insurer of last resort.

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

JANUARY 27, 2021

Today, both sellers and buyers expect to handle a majority of the process online. The real estate brokerage has experienced rapid growth, doubling in sales three years in a row, from 2017 through 2019. That large volume of listings is then used to create real buyer clients organically.

Real Estate 332

Real Estate Agents Brokerage Sellers 332