Remove 2021 Remove Development Remove Inventory Remove Modernization
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3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

Mortgage 506
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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 370
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Settling on a New Normal for Appraisals in 2022

Appraisal Buzz

million units , and some experts say it could reach 8 million if there were more inventory. More of them are willing to pay a premium price in a fast-moving market, and appraisers struggled to keep up, so the gap has remained quite wide throughout 2021. Shifting Toward Modernization. Total year-end sales volume ended at 5.64

Appraisal 397
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Ex-Zillow execs promise revolution in lending

Housing Wire

Tomo, founded by former Zillow executives, is built on the premise that homebuyers need to gain an edge, especially in a market largely defined by limited inventory and fierce bidding wars. . They’re used to modern experiences with great service and digital experience. billion following a merger and acquisition later this year.

Lending 434
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How lenders can continue to serve borrowers despite housing affordability challenges

Housing Wire

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. The same trend is seen in existing-home sales due in large part to a lack of inventory of available homes for sale. Median new-home sales prices rose 17.5%

Finance 334
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Home Renovations in 2021

Lamacchia Realty

HOME RENOVATIONS IN 2021. Mike McGrory , Vice president Property Acquisitions, Development and Property Management for Lamacchia Realty shared how from his perspective they are seeing similar trends. These give an out-of-the-box and modern look to your room. April 8, 2021. February 4, 2021. April 8, 2021.

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June Newsletter-Easing Off the Pedal

DW Slater Company

They had simulators that you sat in and gave you all kinds of tests to develop your defensive driving skills. Recent data from a NAR study reveals that institutional investors bought more than half of the homes sold in Tarrant County in 2021. Month’s Supply of Inventory. It was great! Median Sales Price. Days on Market.