Appraisal Buzz

APRIL 20, 2022

Quickly rising mortgage rates are compounding affordability challenges that have been brought on by record home value growth. home is now 19.5% Despite this, the pace and volume of sales picked up in March, showing the depth of the pool of home buyers willing and able to meet.

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Empire Appraisal Group

FEBRUARY 23, 2023

Top State for 2022 Home Value Increases | Florida Realtors Fla. Top State for 2022 Home Value Increases By Dylan Abad Analysis finds Fla. home prices rose 17.27% last year, the most in the U.S., But in last-place Idaho, values sank 0.18%. The 17.27% change in value outpaced every other state in the nation.

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Housing Wire

MARCH 15, 2024

This is according to the Reverse Mortgage Market Index (RMMI), a measure of senior-held home equity from the National Reverse Mortgage Lenders Association (NRMLA) and data analytics firm RiskSpan. Senior home values fell from $15.28 The RMMI fell to 449.02 in Q4, a slight decline from the Q3 level of 453.19.

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Home Value Finance Mortgage Marketing 432

Empire Appraisal Group

SEPTEMBER 22, 2022

A Key to Home Values. Homes are more expensive along streets with the words Beverly, Third, Brickell, Bayshore or Island. But Timber or Knoll street homes took longer to sell. Some street and neighborhood names are more associated with expensive homes than other names. A Key to Home Values | Florida Realtors.

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Housing Wire

NOVEMBER 30, 2021

In 2021, the FHFA set the baseline conforming loan limit at $548,250 , a 7.5% Median home values exploded across dozens of housing markets across the country in 2021. It mandated that the baseline could only rise after home prices returned to pre-recession levels. increase from the prior year.

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Housing Wire

MAY 21, 2021

A recent report from ATTOM Data Solutions found that median home prices increased in 75% of the country’s “Opportunity Zones” — economically distressed communities that may qualify for tax deferment — year over year in the first quarter of 2021. 43% of those zones had median home prices of less than $150,000.

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Housing Wire

JANUARY 10, 2024

Most Canadians prefer to age in their homes. Mansbridge previously collaborated with the bank in 2021, interviewing HomeEquity corporate officials about reverse mortgages and retirement. In a 30-second TV spot, Mansbridge takes a stage to answer questions from an audience resembling a press pool.

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Mortgage Advertising Marketing Home Value 421

Housing Wire

OCTOBER 3, 2022

Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. That monthly payment is up $930 from August 2021, a 73% increase. With mortgage rates at 6.7%

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Housing Wire

MAY 9, 2022

The American Land Title Association saw a nearly 36% year-over-year increase in title insurance premium volume in 2021 for a staggering $7 billion spike, according to the trade group’s Market Share Analysis , published Friday. The majority of title professionals were busier in 2021 than they ever have been.”. maintained 5.9%

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Insurance Home Value Inventory Real Estate 369

Appraisal Buzz

JANUARY 28, 2022

According to the National Association of Realtors, home values increased by 16.9% in 2021, the highest year-over-year increase since 1999. The 2022 housing markets across the U.S. are still experiencing the groundbreaking demand that arose during the early stages of the pandemic nearly two years ago.

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Real Estate Home Value Realtors Housing Market 305

Housing Wire

MARCH 9, 2021

As the first quarter of 2021 nears its end, a recent Redfin report shows both good and bad news for Black homeowners. The positive: Homeowners in primarily Black neighborhoods earned an average of $59,000 in home equity in 2020, compared with $50,000 for homeowners in primarily white neighborhoods between 2019 through January 2021.

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Home Value Market Value Brokerage Inventory 479

Appraisal Buzz

JANUARY 28, 2022

According to the National Association of Realtors, home values increased by 16.9% in 2021, the highest year-over-year increase since 1999. This surge in demand is pressuring the diminishing … The post Hot Market Homes Selling at Record Speeds appeared first on DSNews. The 2022 housing markets across the U.S.

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Marketing Home Value Realtors Housing Market 284

Housing Wire

FEBRUARY 18, 2021

However, even individuals that purchased homes in 2020 have seen an increase in home value after just one year of homeownership. According to CoreLogic, homeowners saw an 8% increase in home prices in 2020. 2021 Will See Continued Growth. 2021 is the time to jump on that opportunity.

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Real Estate Investing Marketing Home Value 527

Housing Wire

JANUARY 24, 2023

Under its Sell & Stay program, which charges an annual option fee, clients have the right to repurchase the home or to direct a third-party sale at any time. If the home value appreciates, customers get to keep the difference. billion in volume in 2022, a decline of more than 50% from its 2021 production of $30.5

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Housing Wire

APRIL 20, 2021

In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said. Only 44% of Black Americans own the home they live in, versus 74.5%

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Home Value Investing Lending Real Estate 473

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

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Home Value Real Estate Agent Real Estate Realtors 36

Empire Appraisal Group

DECEMBER 10, 2021

Has 2021 Been a $2 Trillion Year? The real estate data firm CoreLogic reports that the total value of residential real estate transactions in 2021’s second quarter topped $600 billion for the third time in the past year. In the first quarter of 2021, $750 billion was spent on 1.91 million transactions. © CoreLogic.

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Real Estate Appraisal Marketing Home Value 78

Inman

FEBRUARY 3, 2023

Sales of homes valued at $10 million or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels.

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Real Estate Home Value Marketing 147

Housing Wire

NOVEMBER 22, 2023

The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values. Builders reported covering closing costs, offering discounted or free features, helping buyers sell their existing home and providing other incentives.

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Inventory Home Value Housing Market Buyers 466

Housing Wire

OCTOBER 11, 2022

As mortgage rates rose more than 90 basis points to finish September at 6.72%, overall rate lock volumes predictably fell sharply – down 10% from August and almost 60% off levels from 2021. from September 2021. from September 2021. Falling rate lock dollar volume was driven by a 26.2% from August but was down 93.3%

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Housing Wire

NOVEMBER 18, 2022

months in October 2021. Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,” Yun said. “In In October, 24% of homes received over the asking price. Conversely, homes sitting on the market for more than 120 days saw prices reduced by an average of 15.8%.”.

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Housing Market Marketing Inventory New Listings 421

Housing Wire

MARCH 14, 2022

Rate-term refinance lending activity was down for the fifth consecutive month – falling to the lowest level in three years – and is down 80% from 2021 levels. Cash-out locks – which have been somewhat insulated due to strengthening home values, were down 6.3% over last year. from the month prior.

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Home Value Lending Mortgage Marketing 410

Housing Wire

SEPTEMBER 11, 2023

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. How has the foreclosure-related regulatory landscape changed since 2020 and 2021? By September 2021, however, there was still much foreclosure reluctance.

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Inventory Technology Design Tools 410

Appraisal Buzz

NOVEMBER 11, 2021

trillion in new loans originated in 2020 – and the perfect storm of low interest rates and high home values has kept the gold rush going in 2021. Power ’s 2021 U.S. mortgage industry has earned an average profit of $4,202 per loan on its way to record volume and a record $4.4 According to J.D.

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Mortgage Home Value Appraisal 150

Appraisal Buzz

JUNE 6, 2022

The latest news of such comes from American Land Title Association (ALTA) who found that, driven by meteoric rise in originations and home values last year, has caused title insurance premiums to increase by 35.9% increase seen … The post Title Insurance Market Sees Double Digit Growth appeared first on DSNews.

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Insurance Marketing Home Value Real Estate 150

Listing Spark

FEBRUARY 24, 2021

Well folks, if you’re wondering if the market has cooled off at all now that we have rolled in to 2021, it hasn’t. We are seeing areas with annual appreciation exceeding 25% in early 2021 compared to this time last year. to 3,626 Median Home Value: up 15.8% to 9,652 Median Home Value: Up 8.7%

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Real Estate Marketing Inventory Sellers 69

Housing Wire

AUGUST 15, 2022

A combination of fast-rising home values and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6

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Lending Home Value Mortgage Renovations 432

Housing Wire

SEPTEMBER 22, 2022

Last year, Unlock and Salude Grade teamed up for their initial PLS offering, GRADE 2021-WL1 , a $153 million unrated securitization backed, in part, by Unlock-originated HEA contracts along with other mortgage assets acquired by the securitization trust.

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Marketing Contracts Finance Home Value 384

Housing Wire

NOVEMBER 14, 2022

compared to October 2021, and rate/term refis have dropped by a staggering 92.6% By dollar volume, purchase locks dropped 13% compared to September and 39% compared to October 2021. Tappable equity was near all-time highs earlier in the year, which led to cash-outs showing some early resilience, even as rates began to rise.

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Marketing Lending Home Value Mortgage 370

Housing Wire

JANUARY 7, 2022

That’s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the National Association of Realtors , a climb of 20% year-over-year. The “Queen city of the Ozarks” needs more homes. Still, Augusta home prices are not immune to national trends.

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Housing Market Marketing Real Estate Agent Agents 397

Housing Wire

JUNE 21, 2022

Despite rising interest rates , higher home prices and a drop in refinance volume , the American Land Title Association recorded $5.89 The title insurance industry had a record year in 2021 , generating $26.2 premium volume increase compared to the first quarter of 2021,” Diane Tomb, ALTA’s CEO, said in a statement. “A

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Insurance Home Value Contracts Marketing 306

Housing Wire

AUGUST 8, 2022

The purchase lock count, which excludes the soaring home values on volume, is down 25.8% from 2021 and off 11% from 2019, marking the first month the number of purchase locks fell below pre-pandemic levels. from the previous month and dropped 22% from July 2021.

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Lending Mortgage Housing Market Home Value 384

Housing Wire

NOVEMBER 7, 2022

Median home prices dropped 0.52% in September, continuing a three-month streak of declines, but slowed at half the pace of the previous two months. Despite the price corrections, home values in the nation’s 50 largest markets remain elevated by anywhere from 19% to 66% compared to the start of the pandemic. in September, a 1.2%

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Housing Market Marketing Home Value Mortgage 370

Housing Wire

FEBRUARY 23, 2024

Meanwhile, the FHA-insured loan delinquency rate recorded a larger jump during the same period to 10.81%, up from 9.5%, the highest level since Q3 2021. “That’s a combination of both rates from a carrier perspective, as well as just the increase in home values,” Patrick A.

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Insurance Home Value Mortgage Marketing 458

Housing Wire

SEPTEMBER 7, 2022

As mortgage rates climb to the mid 6% range and home values continue to increase, the new conforming loan purchase limit will offer better pricing, require a smaller down payment for home purchases and easier documentation compared to a jumbo loan, Rocket said. .

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Housing Wire

JULY 10, 2022

Purchase rate lock volume is down nearly 16% from June 2021. “However, when we look at purchase lock counts to exclude the impact of soaring home values on volume, we see the number of purchase mortgages is off some 21% from last year’s levels,” Happ said.

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Mortgage Marketing Home Value Government 370

Housing Wire

JULY 7, 2023

The fix-and-flip market has seen a boom in recent years, with more than 407,000 homes flipped in 2022, a 14% increase from 2021 and a 58% increase from 2020, according to a recent report by real estate data firm ATTOM. ATTOM reports that one in 12 home sales last year — 8.4% — involved fix-and-flip investors.

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