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As title insurance volume shrinks, workers take on more tasks

Housing Wire

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each.

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HMDA: The top 10 FHA lenders by volume in 2021

Housing Wire

Origination volume for FHA -insured loans increased by 3% in 2021, growing from $324 billion in 2020 to $332.24 billion worth of loans, a 16% decline from 2020. billion, a whopping 71% increase from 2020. billion, up 7% from 2020, while California based loanDepot ’s originations dipped by 1.25% from 2020 to $7.1

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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price.

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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price. January 3, 2020 Read More » The post 2023 Bidding Wars – How to Strike and Win appeared first on Lamacchia Realty.

Buyers 41
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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. 2020 was the best year in American history for personal income. The personal savings rate averaged 7% from about 1995 – 2020. So, what did they do?