Housing Wire

JULY 26, 2023

Dubbed “Investors Flex,” the non-QM product for real estate investors, offered purchase and refinance loans up to $2 million that could be used to finance up to 20 properties by using each property’s monthly rental income to qualify. billion in mortgage loans in the first quarter of 2022, a 29.7% UWM originated $38.8

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Real Estate Investors Design Buyers 370

Housing Wire

OCTOBER 1, 2022

However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 397

Realtors Housing Market Marketing Buyers 397

Housing Wire

JULY 28, 2023

from June 2022, according to Realtor.com economic researcher Hannah Jones. asking rent is just $24 shy of the $2,053 peak hit in 2022. That’s locking many Americans out of the housing market altogether, preventing them from building equity and ultimately building lasting wealth. Austin buyers must earn $92,000, down 3.3%

Buyers 370

Buyers Housing Market Investors Real Estate 370

Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. What is on the horizon in 2022? This makes new home construction a continued challenge, even as demand exists to accelerate new housing. Things may be taking a turn for the better in 2022, though. COVID-19 has made investors wary and workers scarce.

Construction 468

Construction Supply Chain Housing Market Technology 468

Housing Wire

APRIL 18, 2024

Supply being near all-time lows is one thing, but existing home sales aren’t crashing like they did in 2022. The supply and demand equilibrium changed after November 2022, and that itself has kept prices rising even with existing home sales still trending at the lowest levels ever for the third calender year. million in March.

Inventory 491

Inventory Housing Market New Listings Buyers 491

Housing Wire

JANUARY 29, 2024

While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that if there isn’t significant supply growth and buyer demographics remain strong, home prices will rise once again. Why do you think investors are throwing their hats in for a delayed rate cut by the Fed?

Housing Market 458

Housing Market Marketing Mortgage Investors 458

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. Roughly 47.4% are pessimistic and 14.1% are optimistic.

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Housing Market Mortgage Marketing Inventory 421

Housing Wire

APRIL 29, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Rochester, New York.

Housing Market 384

Housing Market Marketing Agents Real Estate 384

Housing Wire

FEBRUARY 10, 2023

After a quarter characterized by weakening homebuyer demand and some of the highest mortgage rates seen in decade, it was no surprise that Stewart and First American recorded weaker financial results in the fourth quarter of 2022 compared to the same quarter a year ago. At Stewart , Q4 revenue came in at $665.9 million, down from $961.7

Buyers 367

Buyers Housing Market Investors Insurance 367

Housing Wire

FEBRUARY 1, 2023

While mortgage rates have been trending lower, rates are still higher than 12 months ago, but some experts anticipate that the downward pressure on rates will provide opportunities for buyers. Investors are betting that the economic slowdown and the Fed’s eventual victory over inflation will result in lower rates over time,” Fratantoni said.

Buyers 397

Buyers Mortgage Landlords Law 397

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

Housing Market 421

Housing Market Marketing Loan Officers Mortgage 421

Housing Wire

DECEMBER 13, 2022

It is very good news for the housing market, which has suffered greatly from the affects of rate hikes over the last nine months. Forward thinkers are seeing the bright side of a slower housing market and capitalizing on this time to prepare for a future when the housing market is hot again.

Housing Market 397

Housing Market Marketing Supply Chain Inventory 397

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Today, the average is 2.7

Realtors 432

Realtors Buyers Inventory Sellers 432

Housing Wire

SEPTEMBER 27, 2022

Growing obstacles in 2022’s market. Still, local lenders face rising challenges that threaten their ability to serve the American home buyers who need them most. The post How local lenders can support homeownership in today’s housing market appeared first on HousingWire.

Housing Market 384

Housing Market Marketing Logistics Lending 384

Housing Wire

FEBRUARY 27, 2024

million in 2022. Compass attributed some of these struggles to the slower housing market of 2023, which saw Compass close 178,848 transactions, down 15.5% Compass’ other financial results also showed improvements over 2022. million was an improvement over the $158 million net loss in Q4 2022.

Agents 418

Agents Brokerage Buyers Training 418

Housing Wire

MARCH 5, 2024

Most home sellers are buyers of homes, so the action we are seeing this year is a healthy step in the right direction to get more balance in the housing market ,” Mohtashami wrote on Saturday. The most recent inventory bottom was in 2022 at 240,194 units, while the inventory peak in 2023 was 569,898. Between Feb.

Mortgage 458

Mortgage Inventory Sellers Investors 458

Housing Wire

JUNE 28, 2023

Founded in 2013 by Brew Johnson, Brett Crosby and Alex Perelman, Peer Street developed a marketplace connecting lenders and borrowers seeking capital to investors looking for real estate-related debt. The business attracted investor Michael Burry, one of the featured players in “The Big Short.” million in 2021, Dunn wrote.

Investors 432

Investors Real Estate Mortgage Investing 432

Housing Wire

SEPTEMBER 11, 2023

Onder raised an undisclosed amount of venture capital including a pre-seed round led by Rackhouse Ventures in 2021, but in late 2022, as the housing market slowed and economic uncertainty rose, the flow of venture capital funds slowed. In May, EasyKnock acquired struggling power buyer firm Ribbon for an undisclosed amount.

Modernization 421

Modernization Investors Housing Market Buyers 421

Housing Wire

JANUARY 20, 2023

On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. And existing home sales crashed in 2022 from a peak of around 6.5 housing market , we just experienced an event that most people never thought could happen.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

JANUARY 25, 2023

The multinational investment bank and financial services company says home prices, which have been on the decline since June 2022, will fall further this year than previously predicted. The company is eyeing the San Jose, Austin, Phoenix, and San Diego markets in particular. The index projected a decline of 6.1%

Housing Market 397

Housing Market Investors Clients Mortgage 397

Housing Wire

DECEMBER 16, 2022

This article is part of our Housing 2022-23 forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Buyers 479

Buyers Realtors Inventory Sellers 479

Housing Wire

NOVEMBER 2, 2023

Redfin executives were happy to discuss commission lawsuits during their firm’s third-quarter 2023 earnings call with investors and analysts Thursday evening, just not the one their firm was recently named as a defendant in. If buyers’ agents become less common, Redfin will prosper in that world too,” Kelman said. “We million.

Agents 450

Agents Technology Housing Market Training 450

Housing Wire

OCTOBER 26, 2023

Rates have been steadily climbing for seven straight weeks, the longest consecutive increase since Spring 2022, according to Freddie Mac ‘s Primary Mortgage Market Survey. Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. million units sold.

Mortgage 450

Mortgage Inventory Housing Market Realtors 450

Housing Wire

JULY 11, 2023

Land sales volume continued to exceed the five-year average of $650 million in gross sales during the first six months of 2023, but gross sales are off from the record-setting pace of 2021 and 2022, according to Farmers National Company mid-year land values report , released Tuesday.

Real Estate 370

Real Estate Investors Buyers Marketing 370

Housing Wire

APRIL 6, 2023

Investors are preparing for Friday’s job report, anticipating signs of a slowing economy in light of February’s job openings and labor turnover report, which showed falling job openings,” Hannah Jones , Realtor.com ’s economic data analyst, said in a statement. Buyer demand tends to be sensitive to mortgage rate changes.

Mortgage 466

Mortgage Investors Buyers Inventory 466

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Non-QM mortgages include loans that cannot be purchased by Fannie Mae or Freddie Mac.

Marketing 431

Marketing Mortgage Investors Sellers 431

Quicken Loans

DECEMBER 16, 2021

Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. In combination with low housing inventory and labor shortages, that drove up selling prices. real estate market is hot.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. I have been talking about the range of inventory that I need to see to remove the ‘ savagely unhealthy’ housing market theme. million, we will be in a much better place for housing. Then, we started 2022 at all-time lows in inventory!

Inventory 512

Inventory Housing Market Marketing Realtors 512

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. With first-lien mortgages … the trading volumes are down from 2021 and 2022 peak levels.

Mortgage 408

Mortgage Marketing Investors Lending 408

Housing Wire

JUNE 20, 2023

Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing Home equity lending is a bright spot in a bleak housing market that remains sluggish due to stubborn inflation and high interest rates.

Technology 370

Technology Lending Housing Market Investors 370

Housing Wire

DECEMBER 21, 2022

Plus, available housing inventory remains near historic lows.” ” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. Housing inventory. economic history. . As we can see below, the U.S.

Inventory 528

Inventory New Listings Housing Market Sellers 528

Housing Wire

NOVEMBER 10, 2023

Affluent Americans (or investors) are the only ones who can bypass the sting of high mortgage rates by paying all cash. Meanwhile, buyers offer bigger down payments to lessen the cost of monthly payments In September, buyers were typically putting down 16.1% That’s the highest down-payment percentage since June 2022.

Mortgage 441

Mortgage Buyers Insurance Government 441

Housing Wire

FEBRUARY 23, 2024

Less than 24 hours after announcing Nick Bailey’s departure from the firm, RE/MAX executives found themselves on a call with investors and analysts to discuss the company’s fourth-quarter and full year 2023 earnings. agent count, meanwhile, fell from 58,719 at end of 2022 to 55,131 at end of 2023. RE/MAX’s U.S. Carlson said.

Agents 410

Agents Investing Brokerage Design 410

Housing Wire

MAY 4, 2023

The slower housing market at the start of the year was not enough to prevent Fidelity National Financial from turning a profit. During the first quarter of 2023, the Big Four title insurer reported revenue of $2.474 billion, down from $3.167 billion in Q1 2022, and a net income of $59 million compared to $400 million a year prior.

Insurance 384

Insurance Buyers Business Sellers 384

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. How long that can continue is hard to say.”

Finance 370

Finance Marketing Renovations Investors 370

Housing Wire

JULY 27, 2023

Rising consumer confidence often leads to greater spending, which could drive more consumers into the housing market.” In addition, the spread between the 10-year Treasury and the 30-year fixed rate mortgage is poised to widen as uneasy investors might keep the risk premium elevated. million in June 2022.

Mortgage 370

Mortgage Property Taxes Housing Market Buyers 370

Birmingham Appraisal

MAY 11, 2022

So How’s The Birmingham Housing Market? With the first quarter of 2022 under our belts, I thought I would take a quick look at how the numbers stack up against past years, and for March. The number of homes sold is a key indicator of market activity. Days on Market. Number of Homes Sold.

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Housing Market Marketing Inventory Buyers 52