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HousingWire Magazine: September 2022

Housing Wire

When Mohtashami first used the phrase in his commentaries back in March, he said, “I have lost my five-year home-price growth model of 23% in just two years, and inventory has worsened in 2022. The post HousingWire Magazine: September 2022 appeared first on HousingWire. Go to page 19 to learn more. .

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New Home Construction Expectations for 2022

Appraisal Buzz

What is on the horizon in 2022? Things may be taking a turn for the better in 2022, though. Many buyers hope the housing market will cool down in 2022, and while experts don’t think it will be as competitive, this is unlikely to be a dramatic shift — at least not one that turns the market away from being seller-friendly.

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The average IMB lost $301 per origination in 2022

Housing Wire

Independent mortgage banks (IMB) and mortgage subsidiaries of chartered banks received a disappointing sales report card for 2022, which was led by a rapid rise in mortgage rates , low housing inventory and affordability challenges. On a per-loan basis, production revenues were $10,322 per loan in 2022, down from $11,003 per loan in 2021.

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The 2022 housing market: A tale of two halves

Housing Wire

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? With homes taking longer to sell, due in part to higher mortgage rates, buyers in 2022 had negotiating power to get concessions or credits to lower rates down for a limited period. over asking price.

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Title insurance premium volume drops by 38% in Q4 2022

Housing Wire

The rapid housing market cool down and the rapid pace at which the Federal Reserve hiked interest rates took their toll on the title insurance industry in 2022. million in claims in 2022, up from the $474.4 The five states with the largest title premium volumes in 2022 were Texas ($3.39 in Q3 2022. in 2022.

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Mortgage volumes collapse for Wells Fargo, JPMorgan in Q4 2022

Housing Wire

Like its nonbank competitors, Wells Fargo , JPMorgan Chase and Bank of America operated in a highly challenging mortgage market in 2022. Refinancings fell to 13% of the portfolio in Q4 2022, compared to 59% in Q4 2021. billion in Q4 2022, a decline of 45% compared to the prior quarter and an 84% drop from Q4 2021.

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HousingWire Magazine Supplement: June 2022

Housing Wire

Despite that, the 2022 RealTrends top real estate brokerage firms did a record number of transaction sides in 2021 (our 2022 rankings are based on 2021 data). In this special supplement to HousingWire magazine , separate from the rankings, are the 2022 RealTrends GameChangers. Enjoy this special section of HousingWire magazine!

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