Housing Wire

NOVEMBER 4, 2022

These factors also impacted when, where and how buyers purchased homes, according to NAR’s 2022 Profile of Home Buyers and Sellers , which also analyzed the demographic of buyers and sellers across America. Those who have housing equity hold the cards and they’ve fared very well in the current real estate market.

Buyers 356

Buyers Sellers Real Estate Agent Real Estate 356

Housing Wire

SEPTEMBER 6, 2023

FundingShield and TCS aim to protect more lenders, homebuyers, sellers from wire and title fraud, both companies said. A total of 2,284 complaints were received in 2022, the second most ever, after an all-time high of 2,593 in 2018. The partnership comes amid an increase in wire and title fraud risk.

Real Estate 365

Real Estate Insurance Investors Lending 365

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. Sellers remain in control, but the next month or two will be very telling,” Stacey Delgado, a Redfin agent in Raleigh said.

Buyers 434

Buyers Inventory Real Estate Agent Agents 434

Housing Wire

OCTOBER 14, 2020

Since 2018, the NAR en Español initiative has helped Spanish-speaking Realtors leverage networking and additional sources, the association said. Last summer, NAR en Español hosted over 300 students from 15 countries for two virtual, accredited buyer representative and seller representative specialist courses, which were held in Spanish.

Realtors 446

Realtors Real Estate Sellers Development 446

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.

Real Estate 342

Real Estate Open Houses Brokerage Real Estate Agent 342

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. from September to October this year, which Homesnap said is significantly higher than the same figure in 2018 and 2019.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Inman

JUNE 30, 2023

The upper-floor unit sold for nearly 20 percent more than the last time it was on the market in 2018, which was $31.5 The seller was a company tied to former NorthStar Asset Management CEO Albert Tylis.

Sellers 102

Sellers Marketing Development 102

Housing Wire

FEBRUARY 6, 2023

points on average, with a corresponding cost of about $1,500, in 2018 through 2020. “On While buyers seem to be returning to the market early in 2023, purchase loans locked in January are still off by 13% compared to the 2018 and 2019 pre-pandemic levels. points paid, Ben Graboske, president of Black Knight Data & Analytics, said.

Inventory 383

Inventory Mortgage New Listings Home Value 383

Housing Wire

OCTOBER 30, 2020

“Redfin redlines communities of color in this digital age by setting minimum home listing prices in each housing market on its website under which it will not offer any real estate brokerage services to buyers or sellers,” the lawsuit states. These minimum price limits serve no legitimate purpose.

Brokerage 545

Brokerage Sellers Buyers Agents 545

Housing Wire

OCTOBER 18, 2023

According to Ketchmark, the home sellers paid an average of $6,700 to the buyer’s agent in the transactions, adding up to $1.78 In the script the seller asks the agent if he or she can reduce their commission, stating that they would like to save money. billion in damages. Members of the group include many brokerage executives.

Agents 419

Agents Training Real Estate Real Estate Agent 419

Housing Wire

JANUARY 28, 2021

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Today, both sellers and buyers expect to handle a majority of the process online. Presented by: 1 Percent Lists.

Landlords 462

Landlords Tenants Law Legal 462

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 370

Property Management Real Estate Agents Brokerage 370

Housing Wire

OCTOBER 21, 2021

Endpoint , a platform that provides buyers, sellers and agents with a completely digital way to close on properties, announced Tuesday that it has secured an additional $150 million in funding. Since its founding in 2018, Endpoint has raised $220 million in capital.

Real Estate 356

Real Estate Investing Development Design 356

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. In 2018, sales trends fell from 5.72 They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. The downside of rates moving up so quickly is that some sellers pull the plug until rates are better. Higher rates and sales data.

Mortgage 501

Mortgage Inventory Sellers Housing Market 501

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. Mortgage rates went up to 5% in 2018 , cooling down the housing market but nothing too dramatic for the existing home sales market. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree.

Sellers 501

Sellers Inventory Housing Market New Listings 501

Housing Wire

MARCH 6, 2023

Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place. 25, purchase lock counts were 21% below the same week in 2019, and 30% below the levels during the same week in 2018. As of the week ending Feb.

Housing Market 385

Housing Market Marketing Inventory Sellers 385

Housing Wire

DECEMBER 10, 2020

Homebuyers, sellers and borrowers expect a flexible closing experience that caters to their digital-first lifestyles – and one that adheres to social distancing guidelines as well. Whether our end users prefer to close fully remotely or in-person, JetClosing provides the most comprehensive solution for both.”.

Housing Market 360

Housing Market Marketing Real Estate Sellers 360

Housing Wire

MARCH 28, 2024

And when buyers of manufactured homes are unable to secure a loan, they must eitherscrape together the cash on their own or resort to seller financing—or forgo the purchase altogether. Just five lenders originated more than 75% of all home-only loans from 2018 to 2022, four of whom specialize in home-only lending.

Business 414

Business Finance Buyers Lending 414

Housing Wire

APRIL 11, 2022

In the face of rapidly climbing mortgage rates , refinance comprised 28% of the mortgage market last month, the lowest level since November 2018. As home prices surged in the sellers’ market, the average loan rose by more than 23% to just under $361,000 in March from February.

Buyers 369

Buyers Mortgage Home Value Sellers 369

Housing Wire

MARCH 25, 2021

“During the course of the pandemic, ‘home’ had become more important than ever, and as a result, strong purchase demand continues—but buyers also outnumber the sellers,” Khater said. New home sales, which are more likely to be affected by rising rates, plummeted 18.2% month-over-month.

Mortgage 542

Mortgage Construction Realtors Inventory 542

Housing Wire

MAY 10, 2022

More inventory is both the consequence and cause of a more balanced housing market: More choice for home shoppers limits the number of buyers bidding on each home, and the added competition lights a competitive fire under sellers and their listing agents to make their homes shine, including by pricing it competitively.

Inventory 392

Inventory Housing Market Construction Sellers 392

Appraisal Buzz

JULY 18, 2022

This is a trend that leads me – and many others – to believe that we are quickly transitioning into a renter economy – much like the United Kingdom where their homeowner has fallen from 71% in 2003 to 63% in 2018. [2] Sellers are panicking right now which is almost always an opportunity for buyers. So, how do you comp in this market?

Sellers 435

Sellers Marketing Market Value Home Value 435

Housing Wire

JUNE 27, 2023

The lender claims that since becoming a CDFI in 2018, it has funded over $25 billion in loans to more than 75,000 families. This includes mischaracterizing the race, ethnicity, and income level of borrowers,” attorneys for Levine wrote in the lawsuit.

Investors 321

Investors Law Insurance Lending 321

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

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. Zillow Offers, meanwhile, came into focus in 2018 when Rich Barton stepped back into the CEO chair.

Real Estate Agent 366

Real Estate Agent Home Value Real Estate Loan Officers 366

Housing Wire

OCTOBER 29, 2020

On Wednesday, Case-Shiller’s home price index for August jumped 5.7% – the greatest year-over-year gain since 2018. The Federal Reserve began buying bonds in March to buffer the shutdown’s economic blows and make borrowing cheaper, and consistently low and steady mortgage rates have pushed homebuyers to flood the market.

Mortgage 406

Mortgage Transportation Construction Sellers 406

Housing Wire

MAY 6, 2021

Created in 2004 by Barr Haney and Whitney Potter, OWN Marin generated $381 million in 2020 sales volume, the agent team reported, on 153 deal sides, meaning that the median home in which they represented seller or buyer was priced at $2.8

Brokerage 370

Brokerage Agents Legal Valuation 370

Housing Wire

JULY 13, 2021

Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. In 2018-2019, total housing inventory was in the range between 1.52 . “It was almost impossible to get an offer accepted. But recently, we’ve started to see buyers get cold feet. million and 1.92

Inventory 497

Inventory Housing Market Real Estate Agent Buyers 497

Housing Wire

JANUARY 13, 2021

Coined as Seller Digital, the platform will also allow secondary market lenders to track and validate any Mandatory commitments they are working on in the pipeline. “To The tech will assess the completeness of the loan package when sellers upload required documents and set conditions when information is missing.

Mortgage 261

Mortgage Sellers Technology Real Estate Agent 261

Housing Wire

SEPTEMBER 30, 2020

The acquisition will make Howard Hanna Real Estate Services the largest home-seller in New York, Pennsylvania, North Carolina and South Carolina, Howard “Hoddy” Hanna III, chairman of Howard Hanna Real Estate Services, told the Pittsburgh Post-Gazette.

Realty 407

Realty Brokerage Real Estate Sellers 407

Housing Wire

NOVEMBER 9, 2022

We saw this happen in 2013-2014 and 2018-2019. NAR total inventory data 1,250,000 One thing about purchase application data and demand is that a traditional seller is typically a buyer of a home. This time around, we have not seen the kind of housing credit boom that we did from 2002-2005. This means less demand for housing.

New Listings 481

New Listings Inventory Housing Market Sellers 481

Housing Wire

APRIL 4, 2022

That was the highest reading since December 2018, the report said. With the housing market still red-hot and inventory at a crisis level , borrowers with cash and conventional almost always win out with sellers. And FHA borrowers on average locked rates at 4.9% on Friday, according to Black Knight’s Optimal Blue OBMMI.

Insurance 364

Insurance Loan Officers Sellers Mortgage 364

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. In 2018, Zillow and Redfin joined the fray with their own iBuying business segments.

Marketing 407

Marketing Inventory Renovations Investors 407

Housing Wire

SEPTEMBER 25, 2020

OJO Labs has launched the OJO Select Network, an agent referral program that matches top performing agents with ready homebuyers or sellers based on an understanding of the agent’s skill set and the consumer’s needs. Last October, OJO Labs also acquired real estate software platform RealSavvy , and WolfNet Technologies in October 2018.

Agents 305

Agents Real Estate Sellers Technology 305

Appraisal Buzz

JULY 13, 2022

“Reimagining the appraisal process has long been a goal for many, and I’m excited that our ability to create a property’s 3D Digital Twin will be used to benefit both cash-out refinance sellers as well as borrowers,” said Asteroom’s CEO & Co-Founder Eric Tsai. About Asteroom Inc.:

Real Estate Agent 195

Real Estate Agent Technology Real Estate Appraisal Process 195

Housing Wire

MARCH 30, 2021

Louis-based Cornerstone Mortgage in 2018, a move that added 17 offices in Missouri, Illinois and Kansas; and opened branches in Wisconsin in 2019. The move signifies another step in Guild’s growing Midwest expansion. It opened three new branches in North Dakota in 2017; acquired St.

Mortgage 393

Mortgage Retail Valuation Lending 393

Miller Samuel

FEBRUARY 12, 2019

The number of units sold in Manhattan in 2018 was down by more than 14 percent compared to the previous year. In 2018 the discount was 5.2%. In ’09, Miller said sellers were anchored to the “pre-Lehman, pre-financial crisis asking prices” and had to travel farther on price to meet a buyer. That process can take time. “If

Marketing 221

Marketing Real Estate Appraisal Sellers 221