Housing Wire

DECEMBER 28, 2023

“This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. Coming off of the pandemic banner years, thinning origination volume, low inventory and soaring home prices made business much harder to come by for LOs in 2023. units per month and only 12% closed greater than 2.5

Business 432

Business Mortgage Loan Officers Inventory 432

Housing Wire

JUNE 27, 2022

It didn’t matter where he was — getting dinner with his family at a fancy restaurant or out on the lake on a boat, Dicker always had his phone on his hands to make sure he didn’t miss any of his clients’ emails or calls. But the boom times are over, and he knows it.

Housing Market 441

Housing Market Marketing Brokerage Real Estate 441

Appraisal Today

JANUARY 26, 2024

The ’90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. Oops the Fed did it again! However, new construction back then really struggled, but today in light of so many sellers sitting in the existing market, builders have been thriving. I am glad the ASB is explaining them.

Contracts 84

Contracts Appraisal Mortgage Inspection 84

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. In its place, rising everything – home prices, mortgage rates and inflation (Why are eggs so expensive?

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

NOVEMBER 14, 2023

Compounding the financial squeeze, home prices have risen in many cities outside Seattle. lower (1788) than in September but they have maintained their double-digit declines over the 12 months, down 13%. North King (Shoreline, Kenmore) was one of those exceptions, with prices jumping 6.9% ($850,000) for the month and 15% YoY.

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

Marketing 36

Marketing Buyers Inventory Sellers 36