Housing Wire

FEBRUARY 24, 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 in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 269

Real Estate Agent Real Estate Agents Loan Officers 269

Housing Wire

MAY 10, 2023

For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity. In May 2020, it was $425,000. This has serious consequences for real estate agents and loan officers alike, since it’s usually a zero sum game.

Loan Officers 327

Loan Officers Marketing Inventory Real Estate Agent 327

Housing Wire

DECEMBER 6, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. Looking back, Summers is glad she encouraged her buyers to swap lenders.

Real Estate 348

Real Estate Real Estate Agent Clients Agents 348

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Mike, a North Carolina-based loan officer, had two loans closing in mid-January. The contrast between the deals was striking. “I have a loan closing today for first-time homebuyers who didn’t really press me on pricing,” he said.

Loan Officers 357

Loan Officers Mortgage Lending Real Estate Agent 357

Housing Wire

NOVEMBER 1, 2023

Jeff Walton, CEO and co-founder of mortgage data analytics company InGenius, which provides loan-officer data to IMBs for recruiting purposes, said it’s going to be a “tough time through winter.” These are the folks who are buying right now, and I you know because some of them are my clients.”

Mortgage 430

Mortgage Loan Officers Finance Buyers 430

Housing Wire

DECEMBER 27, 2022

.” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom.

Housing Market 485

Housing Market Marketing Real Estate Agent Real Estate 485

Housing Wire

JANUARY 21, 2021

Single-family housing starts ended 2020 on a high note, rising 12% in December to a 1.338 million unit pace – the highest pace since 2006, according to the Census Bureau. An estimated 1.380 million housing units were started in 2020 – 7% percent above the 2019 figure of 1.29 That’s up 27.8%

Construction 542

Construction Loan Officers Realtors Buyers 542

Housing Wire

FEBRUARY 10, 2023

Buyers seem like they can’t get a break,” Kechian said. “I I really think they had about three months last year where it was a buyers market in the fourth quarter. But of course, we have a lot of clients that move out of condos once they have kids and get married. They move to the suburbs and they take us with them.

Marketing 345

Marketing Inventory Loan Officers Buyers 345

Housing Wire

APRIL 16, 2024

To get a better idea of the dynamics driving this data, RMD spoke with Jon McCue, RMI’s director of client relations, for additional perspective and a breakdown of why business moved this way. It’s because of the hard work of all the professionals in this space working very hard to help their clients.”

Retail 302

Retail Mortgage Business Loan Officers 302

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. trillion in 2020 and then $4.4 compared to 2020. Origination volumes eclipsed $4.3 in the broker channel.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. One of Dicker’s clients this past weekend backed out of a $295,000 houmese purchase in Michigan this past weekend. The last two years have been good to Christian Dicker.

Housing Market 395

Housing Market Marketing Brokerage Real Estate 395

Appraisal Buzz

MAY 17, 2021

Prices were escalating quickly, and buyers were purchasing in a frenzy for fear of being left behind and not being able to get their foot on the property ladder. Although 2020-21 is not the same as the run-up before the housing crash, there are some similarities with what appraiser’s face that bears addressing and reiterating.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

JUNE 24, 2021

According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer. Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset.

Valuation 277

Valuation Real Estate Agent Real Estate Clients 277

Housing Wire

JUNE 4, 2021

The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.” . “I recently sold a home in Austin that was listed at $565,000 and closed at $715,000,” Dawson said.

Marketing 488

Marketing Sellers Finance Loan Officers 488

Housing Wire

JUNE 16, 2022

The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. trillion in new loans in 2020 and $3.9 trillion in 2022 and $2.3

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 311

Real Estate Brokerage Real Estate Agent Technology 311

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

APRIL 29, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. We are seeing a decent amount of boomerang buyers, who, due to job changes or just being able to work remotely, are able to return home,” Mandy Friend Gigliotti, another local Keller Williams agent said.

Housing Market 313

Housing Market Marketing Agents Real Estate 313

Housing Wire

JULY 19, 2023

The pace of M&A deals in the IMB market in 2022 and projected for 2023 combined is expected to be more than double the mark set during the unicorn lending years of 2020 and 2021, according to one recent industry analysis. Hale added that at this time, “buyers have the upper hand.” “I

Mortgage 364

Mortgage Marketing Buyers Lending 364

Housing Wire

MARCH 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. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Brokerage 402

Brokerage Agents Real Estate Agent Real Estate 402

Housing Wire

MARCH 31, 2022

Overall, I think the consensus we’re hearing from clients is that the overall non-QM market is going to continue to grow in 2022. Last year, non-QM originations topped $25 billion, which was ahead of 2020 and back up to pre-pandemic 2019 levels. Then in the second half of 2020 it reopened, but cautiously. annual increase.

Marketing 311

Marketing Investors Technology Loan Officers 311

Housing Wire

DECEMBER 15, 2021

as of 2020 — the highest level since 2006, according to the State of the Nation’s Housing 2021 report from the Harvard Joint Center for Housing Studies. It also means we have to get back to the basics of building relationships with our clients and being their loan adviser for life instead of treating them as transactional customers.

Finance 329

Finance Construction Law Inventory 329

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

Mortgage 382

Mortgage Loan Officers Finance Investors 382

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. “However, there’s a clause in those 19 pages that says if you lock a loan with UWM…let’s say we lock it at 3.5% .” Fairway, which did about $3.5

Real Estate Agent 376

Real Estate Agent Retail Real Estate Design 376

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. I remember loan officers telling me that I needed to be “creative” with my appraisals. This created an even more severe shortage of available housing for buyers to choose from.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Eppraisal

APRIL 20, 2021

According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. A full pre-approval is when a mortgage loan officer pulls your credit, verifies your employment and income, has your complete application and has all the required documents from you. It's that simple.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

McKissock

APRIL 20, 2021

Despite your chosen work schedule, you’ll have to juggle clients who generally want their agents to be available around the clock. Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Finding time for part-time real estate. Create a referral network.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Will Springer Realtor

SEPTEMBER 28, 2022

The average public university student borrows $30,000 in student loans to get a bachelor’s degree, according to the Education Data Initiative. The average student loan payment is $460 a month. And nearly 48M people have student loans. We get people in their 40s and 50s who are still paying off student loans.

Buyers 36

Buyers Loan Officers Mortgage Realtors 36

Appraisal Today

JANUARY 12, 2024

I always made them and never had any complaints from my lender clients. I worked for an assessor’s office in the late 1970s where we were making 2% per month time adjustments upward. Ignoring market conditions adjustments makes us look incompetent to buyers, sellers, lenders, Realtors, and the general public.

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. McKnight died in 2020 at the age of 87. Moat and Waterfall at This $880K Midcentury Modern Inspired Home in Vermont 4 bedroom, 3.5+ bath, 2,908 sq.ft., You can adjust the level of the waterfall pretty easily.

Appraisal 80

Appraisal Contracts Business Construction 80