Housing Wire

DECEMBER 5, 2022

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each.

Insurance 382

Insurance Bracketing HOA Law 382

Lamacchia Realty

JANUARY 10, 2022

Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Shorten the inspection window, purchase and sale date, and mortgage contingency if possible.

Sellers 72

Sellers Buyers Inspection Bracketing 72

Lamacchia Realty

MARCH 12, 2024

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Speak with your lender to determine the earliest mortgage contingency date.

Buyers 70

Buyers Inspection Sellers Real Estate 70

Lamacchia Realty

FEBRUARY 22, 2023

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Speak with your lender to determine the earliest mortgage contingency date.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Lamacchia Realty

MARCH 26, 2024

Condo sales in particular have experienced a significant decline in recent weeks which can be attributed to the ongoing insurance crisis in the state and to the increased association fees and/or added special assessments for condos due to the more stringent regulations resulting from the tragic Champlain Tower Collapse in Surfside, Florida.

Bracketing 60

Bracketing HOA Sellers Buyers 60

Houston Properties

JANUARY 13, 2021

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low. Some companies are offering 30-year fixed-rate mortgages for less than 2.3%. The Tale of Two Cities.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

DECEMBER 26, 2022

With the housing market slowing down from its pandemic-fueled frenzy, wire fraud threats, regulatory challenges and the perennial challenge of an aging workforce, the title insurance industry will have a lot to juggle in the new year. On top of slowing purchase order volume, rising mortgage rates also decimated refinance orders.

Insurance 483

Insurance Bracketing Legal Business 483