Housing Wire

MAY 20, 2021

As the market continues to churn through distressed inventory, Black Knight expects overall delinquencies to “normalize” at pre-pandemic levels by the end of 2021. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. Presented by: Move Sales.

Mortgage 484

Mortgage Real Estate Agent Inventory Real Estate 484

Housing Wire

JUNE 8, 2021

EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. In 2020 it acquired equipment finance lender Ascentium Capital and a year prior picked up institutional investment firm Highland Associates. . billion in volume in 2020. in 2021 to $433 billion.

Renovations 337

Renovations Home Improvement Marketing Finance 337

Housing Wire

MAY 29, 2024

In 2020, real estate industry veteran Rainy Hake Austin took her decades of experience to The Agency , where she currently serves as president of the Beverly Hills, California-based brokerage firm. This adds a lot of stress and competitiveness inside of an already challenging market that has a lot of uncertainty in it as well.

Agents 311

Agents Real Estate Agent Real Estate Clients 311

Housing Wire

JULY 26, 2023

When clients find their dream house and are ready to make an offer, Todd Armstrong’s next call isn’t necessarily to the seller’s agent or the buyer’s loan officer. “We Tight inventory and soaring home prices have pushed more homebuyers to more affordable areas in California. That comes with its own risks – in many cases, wildfires.

Insurance 353

Insurance Housing Market Marketing Supply Chain 353

Housing Wire

APRIL 7, 2022

Several LOs told HousingWire that clients had locked loans in the 5% to 5.3% The problem, of course, is inventory. National inventory of active listings declined by 18.9% compared to March 2020. Additionally, home price appreciation and insufficient for-sale inventory are holding back purchase activity.

Mortgage 381

Mortgage Supply Chain Inventory Investors 381

Housing Wire

JUNE 5, 2023

Lotsoff and Brok spent nearly 10 years at loanDepot and the branch they managed originated $1 billion in volume in 2020 and 2021, Lotsoff and Brok said. “We We liked that we’d have the opportunity to be more entrepreneurial and have more freedom. We’ve been able to create a lot of stickiness over the years,” Lotsoff said.

Loan Officers 371

Loan Officers Mortgage Lending Retail 371

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. In Ada County specifically, where Boise is located, the number of homes for sale dropped from 1,697 last October to just 355 in October 2020, a 79% decline. Boise, Idaho was the No.

Marketing 531

Marketing Realty Realtors Housing Market 531

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 317

Retail Mortgage Business Loan Officers 317

Housing Wire

MARCH 5, 2024

trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. And then, we help buyers’ agents show their clients inventory that they otherwise did not know they could afford. Raunaq Singh About $8.5 Included in that total were nearly $1.5 trillion in FHA and VA loans.

Mortgage 401

Mortgage Buyers Agents Real Estate Agent 401

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). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

MAY 28, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing. Presented by: Move Sales. from a year ago.

Buyers 414

Buyers Real Estate Agent Real Estate Inventory 414

Housing Wire

JANUARY 8, 2021

2020 proved that we all need to work to find new ways to generate business. Fast forward to 2021 and expanding our mortgage lending business has taken on a new form as the inventory in many markets have taken a sharp downturn during the pandemic, pushing it into some of the lowest availability in history.

Lending 438

Lending Mortgage Inventory Business 438

Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. But of course, we have a lot of clients that move out of condos once they have kids and get married. Kim : What did you do differently from the refi boom years of 2020 and 2021?

Marketing 356

Marketing Inventory Loan Officers Buyers 356

Housing Wire

AUGUST 27, 2020

million annualized pace in the second half of 2020. Anecdotally, Realtors are telling me there is no shortage of clients or home seekers, but that scarce inventory remains a problem,” Yun said. “If Yun forecasts existing home sales to increase to a 5.8 That would bring the full-year total to 5.4 million, a 1.1%

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

NOVEMBER 4, 2020

The complexities of serving borrowers under the CARES Act require lenders, servicers and investors to partner with a mortgage services provider who has the expertise and national network to provide high-touch support to its clients. Our clients have a moratorium on evictions, so we are not actively pursuing these opportunities.

Lending 289

Lending Clients Training Investors 289

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing. We’re creating a fully transparent process.

Real Estate Agent 405

Real Estate Agent Real Estate Agents Marketing 405

Housing Wire

APRIL 22, 2021

“I’m on my way with a client to show them a house that’s literally just gotten on the market, and by the time we get there, it’s already under contract with someone else,” she said. There’s less than 30 days worth of inventory for homes under $300,000 right now.” “You have to be quick.

Buyers 424

Buyers Inventory Renovations Realty 424

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. increase compared to 2020. Origination volumes eclipsed $4.3

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

JUNE 29, 2021

With intense demand for homes on the higher end of the pricing spectrum, new updates to the QM rule that went into effect on March 1 and growing investor interest in jumbo mortgages – this is the perfect time for the broker community to support their clients with speed and ease. from April 2020 to April 2021. increase in the Southwest.

Housing Market 406

Housing Market Finance Inventory Investors 406

Housing Wire

OCTOBER 21, 2021

Other agents, like Kavenaugh, have found that many of their out of state clients are looking to escape challenging environmental conditions exacerbated by climate change. “A Exacerbating the issue of soaring demand is an incredibly low level of inventory. “At At the moment we have about four weeks of inventory,” Mannix said. “A

Buyers 355

Buyers Inventory Agents Realty 355

Housing Wire

MAY 10, 2021

The Benji portal is also available to contractors to manage their projects and deal pipeline, access financing calculators, and get their clients approved for financing, said Shawn Stone, Finance of America Home Improvement president. Homeowners in 2020 turned to renovation loans roughly as much as they did in 2019, originating $51.7

Renovations 370

Renovations Finance Home Improvement Lending 370

Housing Wire

JULY 16, 2021

Many LOs still have a relatively full pipeline thanks to lower-than-expected mortgage rates and slowly climbing housing inventory – it will be a challenge convincing them to leave their current shops. Unclear is what pressure eXp’s agents may feel to direct their clients to Success.

Mortgage 387

Mortgage Lending Brokerage Agents 387

Housing Wire

DECEMBER 22, 2021

Banosian broke a new record this year , topping his record-setting 2020 and funding a whopping $2 billion in total origination volume, which is believed to be a record for a retail loan originator. We use Shared Email Templates to quickly send formatted emails to clients and partners throughout the day.

Clients 318

Clients Technology Tools Business 318

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. billion in closed sales volume in 2020. But don’t confuse its new program with iBuying – they’re looking to solve the sell-before-you-buy dilemma in a different manner.

Brokerage 402

Brokerage Real Estate Clients Insurance 402

Housing Wire

OCTOBER 26, 2023

Stevens said it was harder in some markets, in part, because there is currently very little housing inventory. Stevens contradicted this by saying that home costs are driven not by commissions but by other factors, including buyer demand and a lack of inventory. Wu argues that there is no evidence of steering.

Buyers 368

Buyers Sellers Agents Law 368

Housing Wire

APRIL 19, 2021

Last year, Laura Grannemann’s dedication to providing Americans with access to safe and affordable housing earned her a spot as one of HousingWire’s 2020 Women of Influence. Today, her passion is still apparent in the work that she’s doing to help those in underserved communities own homes and build wealth. .

Property Taxes 343

Property Taxes Inventory Tools Clients 343

Housing Wire

JUNE 4, 2021

With intense demand for homes on the higher end of the pricing spectrum, new updates to the QM rule that went into effect on March 1 and growing investor interest in jumbo mortgages – this is the perfect time for the broker community to support their clients with speed and ease. Presented by: Rocket Pro TPO. year over year, to $465,000.

Marketing 488

Marketing Sellers Finance Loan Officers 488

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

Finance 354

Finance Marketing Renovations Investors 354

Housing Wire

DECEMBER 28, 2021

In fact, Paradise’s housing market, though constrained by unresolved wildfire litigation and issues like proper home insurance, even has the high-demand, low inventory problems of most other U.S. We have had over 200 lots active on the market at one time since 2019, so we are a little low on inventory.”.

Insurance 318

Insurance Realty Agents Construction 318

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I Out in Wise, Virginia, near the westernmost tip of the state, RE/MAX Cavaliers agent Brett Tiller and his clients are also struggling to find suitable properties. “The

Inventory 382

Inventory Buyers Agents Real Estate 382

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”. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008. Typically, when there is a shortage of inventory, with high demand, prices increase. Pretty cool!

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

APRIL 29, 2022

With inventory remaining tight and demand still strong, Davis only sees this trend increasing as we get further into spring. Like elsewhere in the country, Rochester is experiencing a record low level of inventory combined with a heightened demand for housing. Rochester, New York.

Housing Market 331

Housing Market Marketing Agents Real Estate 331

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 375

Insurance Inventory Marketing Real Estate 375

Housing Wire

JUNE 16, 2022

Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. trillion in new loans in 2020 and $3.9 The consumer-price index rose 8.6% mortgage industry to fund $4.1 trillion in 2021, according to the MBA.

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

Appraisal Buzz

SEPTEMBER 12, 2022

Since 2020, iBuying has soared in popularity as many sellers have taken advantage since the start of the pandemic. Home prices skyrocketed between mid-2020 and mid-2021 by 18.5% , according to the Federal Housing Finance Agency House Price Index. In comparison to 2020, only 14,000 homes were purchased, which shows a five-fold increase.

Supply Chain 195

Supply Chain Sellers Housing Market Appraisal 195

Housing Wire

MARCH 6, 2023

With the industry cooling down slower than expected, LOs are having to work harder and get creative to overcome the double whammy of surging rates and a lack of inventory. Wax said about 50 to 60% of his clients are first-time homebuyers. Every single client scenario is different,” Marckwardt said. “[The

Loan Officers 371

Loan Officers Inventory Real Estate Agent Buyers 371

Housing Wire

DECEMBER 3, 2020

Keeping inherited homes as rental properties, especially after California adopted state-wide rent control in January 2020, may become unprofitable as well. The expected open unit increase was highlighted by several California-based Realtors, who all agreed that demand is higher than available inventory. “I

Property Taxes 313

Property Taxes Realtors Law Inventory 313