Housing Wire

JANUARY 18, 2022

Anthony Hsieh, the CEO of loanDepot , has been buying some pricey real estate in Florida, pushing his portfolio of properties to over $150 million. As was first reported by the The Real Deal , Hsieh has dropped approximately $50 million dollars on two properties located in Miami since the start of this year.

Real Estate 342

Real Estate Retail Investors Clients 342

Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. The message was clear: if you weren’t already invested in new digital mortgage experience, then your competition already beat you to the sale.

Mortgage 324

Mortgage Lending Technology Modernization 324

Housing Wire

FEBRUARY 24, 2021

HousingWire recently spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey. HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space?

Real Estate Agent 285

Real Estate Agent Real Estate Agents Loan Officers 285

Housing Wire

MAY 7, 2024

The official magazine for the National Association of Realtors (NAR) recently touched on the topic of reverse mortgages, mentioning products such as the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) and addressing topics like the desires of baby boomers to age in place in their homes.

Mortgage 426

Mortgage Real Estate Agent Inventory Housing Market 426

Housing Wire

MARCH 12, 2021

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Real Estate Tech Demo Hour. Tune in March 16th to experience demos from the most innovative real estate technology solutions.

Real Estate 468

Real Estate Brokerage Realtors Real Estate Agent 468

Housing Wire

SEPTEMBER 16, 2021

Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed. million in 2020 as compared to a median of $5.3 billion in 2020.

Real Estate 328

Real Estate Business Brokerage Open Houses 328

Housing Wire

MAY 31, 2022

The chief executive officer for real estate brokerage Side announced a fresh $50 million in venture capital money spearheaded by ultra-prolific financier Tiger Global Management. For many years, everyone thought brokerage was ripe for major disruption,” said Gilles Duranton, real estate professor at the University of Pennsylvania.

Real Estate 361

Real Estate Brokerage Realty Valuation 361

Housing Wire

MAY 3, 2021

billion for the first quarter 2021 — up from only $764 million in the first quarter of 2020. Income was reported at $502 million, a huge recovery from the first quarter of 2020 when Old Republic reported a loss of $605 million. increase from the first quarter of 2020. million registered during Q1 2020. billion, a 12.4%

Insurance 374

Insurance Real Estate Investing Marketing 374

Housing Wire

MAY 15, 2024

This is an excerpt of a HousingWire Research report titled: What Everyone Needs to Know about Mortgage Rate Lock-in, by Altos President Mike Simonsen. housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. million in January 2021 (when mortgage rates were 2.7%) fell to 3.9

Mortgage 379

Mortgage New Listings Inventory Sellers 379

Housing Wire

MAY 18, 2021

But the past three years — and 2020, specifically — have been something else. Here’s what to expect in the mortgage application process. Buying your dream home starts with being a well-prepared buyer and beginning the mortgage application process before you even look at homes. ” Home prices, he said, have always been high.

Real Estate 429

Real Estate Marketing Real Estate Agent Agents 429

Housing Wire

DECEMBER 6, 2022

However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah.

Real Estate 359

Real Estate Real Estate Agent Clients Agents 359

Housing Wire

SEPTEMBER 13, 2023

It is important to note that every one of the major national networks, those listed above, along with RE/MAX , Anywhere , United Real Estate and HomeSmart , are still active with local combinations among both their company-owned operations and their affiliated firms.

Real Estate 310

Real Estate Valuation Brokerage Property Management 310

Housing Wire

JULY 15, 2022

Rocket Companies ‘ subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. Windsor, Ontario-based Edison Financial will officially change its name to Rocket Mortgage Canada and operate as Rocket Mortgage on August 8.

Brokerage 377

Brokerage Mortgage Real Estate Lending 377

Housing Wire

JANUARY 6, 2021

2020 has certainly been a year to remember. Before we repress these 2020 memories, let’s dive into how this pandemic has created housing disruption in a number of areas of the industry, providing us all a nudge toward trying new processes and technologies that we maybe have assumed were still a few years away.

Housing Market 442

Housing Market Technology Marketing Mortgage 442

Housing Wire

DECEMBER 11, 2020

More for Real Estate Enthusiasts. For people who have continuing pandemic-fueled anxiety about their job security, a tiny home is a good way to downsize and eliminate mortgage payments,” he said. The post Tiny homes are big winners in 2020 appeared first on HousingWire. How much house can you afford to buy?

Real Estate 483

Real Estate Investing Business Finance 483

Housing Wire

DECEMBER 31, 2020

The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. HW : You start your commentary with a bold prediction: The 2021 housing market will be stronger than 2020. In this installment, HousingWire interviewed Jeff Tucker, senior economist at Zillow , on his forecast for next year.

Housing Market 546

Housing Market Marketing Mortgage Real Estate 546

Miller Samuel

MAY 1, 2021

He previously interviewed me in 2014 , 2016 and 2020. To listen to the entire one hour and 49 minute show (sorry about that), you can go here: The post [Podcast] Masters In Business: Jonathan Miller on the Real Estate Industry first appeared on Miller Samuel Real Estate Appraisers & Consultants.

Real Estate 418

Real Estate Business Valuation Appraisal 418

DW Slater Company

FEBRUARY 13, 2024

Love in Real Estate I’m I wrote this blog – 4 Things I Love About Being a Real Estate Appraiser- 10 years ago! Mortgage interest rates dipped to historic lows around 3% in 2020 and 2021 then made big jumps in 2022, peaking at close to 8% in November of 2023. So much has changed since that time!

Real Estate 146

Real Estate Appraisal Valuation Real Estate Agent 146

Housing Wire

DECEMBER 1, 2020

Jeff Allen brings more than 15 years of real estate valuation, data and analytics experience to the Clear Capital executive leadership team. The post 2020 HW Tech Trendsetter: Jeff Allen appeared first on HousingWire. Jeff Allen, Executive Vice President, Innovation Labs , Clear Capital.

Valuation 254

Valuation Real Estate Modernization Appraisal Process 254

Housing Wire

APRIL 25, 2024

Photo credit: AJ Canaria Reverse mortgages became an unexpectedly prominent topic during certain parts of The Gathering by HousingWire , held earlier this week in Scottsdale, Arizona. Reverse mortgages for purchase are taking up more conversation on the reverse side of the business recently.

Mortgage 295

Mortgage Finance Real Estate Best Value 295

Housing Wire

MARCH 2, 2023

The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said. But in 2020 through 2022, buyers came out quickly after the new year and inventory didn’t hit bottom until much later in the spring.”

Real Estate Agent 374

Real Estate Agent Inventory Real Estate Agents 374

Housing Wire

SEPTEMBER 24, 2020

The 2020 list of HousingWire Vanguard potential candidates was more competitive than ever before. One of the 2020 HousingWire Vanguards, William Lyons, appeared on season 4 of Shark Tank to ask for an investment on his real estate investing website. The competition was fierce. This list is available early for HW+ members.

Real Estate 302

Real Estate Investing Business Mortgage 302

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. It’s now October, we’ve had the biggest spike in mortgage rates we’ve seen in decades, and all the signs of a slowdown are here: Inventory is rising. Home buyers got spooked when mortgage rates passed 5.5%. The price of new listings is dropping.

Real Estate 313

Real Estate Marketing Inventory Sellers 313

Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona.

Mortgage 285

Mortgage Real Estate Agent Real Estate Renovations 285

Housing Wire

APRIL 12, 2023

Among those targets were a Memphis-based real estate company and a title company in Washington state that combined were swindled out of more than $200,000 through the scam. The victims targeted can be lenders, real estate agents, title companies and other escrow agents, attorneys as well as homebuyers and sellers. “Now,

Real Estate 359

Real Estate Government Technology Real Estate Agent 359

Housing Wire

NOVEMBER 30, 2020

Anastos has worked with some of the biggest names in the mortgage industry and is now CEO of Gateless, an independent company formed by Guaranteed Rate that serves as a laboratory of cutting-edge technology for the entire industry, continuously innovating the way mortgages are conducted.

Loan Officers 258

Loan Officers Real Estate Agent Technology Development 258

Housing Wire

AUGUST 2, 2021

Banks moved to ease lending standards for most mortgage loan products during the second quarter, according to a loan officer opinion survey published this week by the Federal Reserve Board. Banks also reported stronger demand for residential real estate loans over the second quarter, with significant demand for QM and non-QM jumbo mortgages.

Mortgage 464

Mortgage Lending Government Loan Officers 464

Miller Samuel

MARCH 24, 2020

With New York State on lockdown, real estate brokers/agents can't sell real estate right now because they are not considered an essential business (yet they are in nearby Connecticut!) Are real estate appraisers considered an essential business in New York? Stay safe!

Real Estate 364

Real Estate Business Appraisal Government 364

Housing Wire

FEBRUARY 9, 2021

That follows a startling trend of high vacation home demand, continuing an eight-month streak of more than 80% and includes a peak of 118% year-over-year in September 2020. Presented by: Motto Mortgage. ” The post Vacation home demand soared in 2020 appeared first on HousingWire. million receiving bids in the summer.

Home Value 393

Home Value Brokerage Contracts Agents 393

Housing Wire

AUGUST 24, 2020

Many of the 2020 HW Insiders are from these operations roles, and their talent was put to the test during unprecedented times. For this week only, HW+ members get a sneak peak at the 2020 HW Insiders. The post Here are the 2020 HW Insiders appeared first on HousingWire. The full profiles will be available Sept.

Real Estate 333

Real Estate Mortgage 333

Housing Wire

MARCH 7, 2022

Lenders One Cooperative announced on Monday that it has struck a deal to lease retail space in Walmart stores to sell mortgage products and services. ” Walmart isn’t the first warehouse-style retailer to offer mortgage products on location. Neither company offered mortgages. The post Welcome to Walmart.

Retail 457

Retail Mortgage Lending Real Estate 457

Housing Wire

MARCH 5, 2024

Mortgage assumption is a niche option that gained momentum in 2023. An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported.

Mortgage 401

Mortgage Buyers Agents Real Estate Agent 401

Housing Wire

MAY 5, 2021

Rocket Mortgage originated more than $100 billion in mortgages for yet another quarter, but profit margins are trending down. And the country’s largest mortgage lender expects a good-sized slowdown in the second quarter of 2021. billion, a dramatic increase from the $99 million in profit the first quarter of 2020.

Mortgage 409

Mortgage Real Estate Agent Real Estate Clients 409

Housing Wire

AUGUST 17, 2021

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. In addition, a vast majority of people spent more time at home in 2020 than ever before in modern history. Push for tech.

Mortgage 506

Mortgage Inventory Real Estate Technology 506

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. range, which is a normal mortgage market.” 4-7, in Las Vegas.

Mortgage 464

Mortgage Real Estate Agent Renovations Finance 464

Appraisal Buzz

MAY 6, 2024

The progress that was made in providing mortgages to to a higher percentage of low-income homebuyers during the pandemic years has been reversed in the past two years due to higher mortgage rates and rising home prices, a report from Redfin shows. Low-income earners gained ground at the start of the pandemic, taking out 23.2%

Buyers 369

Buyers Real Estate Housing Market Mortgage 369

Housing Wire

OCTOBER 5, 2023

The implementation of more careful loan screening procedures has contributed to lower levels of risk for mortgage fraud. Mortgage application fraud declined 3.1% year-over-year in Q2 of 2023 compared to the second quarter of 2022, according to CoreLogic Mortgage Fraud Report. since 2022.

Mortgage 309

Mortgage Real Estate Investors Clients 309