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 351

Mortgage Property Taxes Housing Market Buyers 351

Housing Wire

JULY 7, 2022

2022 State of the Mortgage Industry: Affordability and Inventory. Black Knight reported that May was the least affordable housing market in 16 years. Again, looking at the market over the past 40 years, debt and income have not kept up with rises in housing costs. Slow construction and restrictive zoning laws.

Inventory 393

Inventory Marketing Mortgage Supply Chain 393

Housing Wire

JUNE 30, 2022

The housing market has undergone a significant transformation over the past two years. While a booming market kept brokers busy in 2021, the 2022 housing market has been underscored by rising interest rates, inflation and geopolitical turbulence. Our brokers are our partners.

Lending 348

Lending Housing Market Technology Business 348

Housing Wire

MARCH 2, 2022

The shopping spree, in a historically wild housing market, led to Zillow’s implosion and a lot of red ink on Opendoor’s books. The iBuying industry’s share of the housing market as a whole also dipped during the fourth quarter, dropping to 1.7% during the previous quarter. set during the first quarter of 2021.

Housing Market 370

Housing Market Inventory Construction Marketing 370

Housing Wire

DECEMBER 30, 2022

Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank by more than half this year. Barnes said.

Renovations 401

Renovations Realtors Construction Mortgage 401

Housing Wire

AUGUST 3, 2023

Investors assessed the state of the U.S. Some economists say that this development contributed to drive up the 10-year treasury yield to its highest level since November 2022. Construction spending advanced in June, a sign that companies and the government continue investing in real estate and infrastructure projects.

Mortgage 355

Mortgage Inventory Government Buyers 355

Housing Wire

JANUARY 24, 2022

billion hit the market in the first two weeks of 2022, HousingWire reported last week , but that’s already old news. It’s worth noting, however, that at its peak, just prior to the housing-market crash in 2007, private-label issuances accounted for nearly 60% of the mortgage-backed securities market, the Urban Institute’s data show.

Mortgage 346

Mortgage Lending Finance Housing Market 346

Housing Wire

JULY 6, 2023

Meanwhile, mortgage interest rates have hovered in the 6% to 7% range over the past six months, up more than 3 percentage points since early 2022, yet home prices have increased for several months in a row, Freddie Mac ’s chief economist, Sam Khater, points out in a recent commentary. million more housing units to meet existing demand.

Inventory 457

Inventory Renovations Real Estate Government 457

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. Connie Kim: It’s been a tough year for even the top producing loan originators in 2022. After dropping from $1.2

Business 397

Business Loan Officers Clients Inventory 397

Housing Wire

MAY 14, 2024

As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. In 2023, a record 93,000 new single-family homes for rent were completed, up 39% from 2022, according to a report by The Wall Street Journal. Meanwhile, investors are flocking to the BTR sector.

Construction 419

Construction Tenants Development Real Estate 419

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. Hey Clayton …” and a link. No surprise here. Jobs are important.

Real Estate 361

Real Estate Brokerage Real Estate Agent Technology 361

Housing Wire

JANUARY 10, 2022

This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Sellers saw a market where their homes sold quickly and often above list price as multiple buyers competed to have the winning bid. . for 30-year fixed-rate loans.

Housing Market 545

Housing Market Marketing Construction Inventory 545

Housing Wire

FEBRUARY 21, 2024

The deal came on the front end of market hype about the build-to-rent space, which cooled somewhat in 2023 as higher interest rates prompted a pullback by builders. But 2024’s deals show investor interest has persisted. In 2022, build-to-rent transactions totaled about $2.1 billion in sales is still 40% above 2019 levels.

Investors 456

Investors Construction Real Estate Inventory 456

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. With mortgage rates nearly doubling from the start of 2022, the LO, who has more than 20 years of experience in the industry, says it’s painful to see deals simply disappear. million to 1.93

Mortgage 382

Mortgage Loan Officers Inventory Retail 382

Housing Wire

JUNE 2, 2023

Real estate investment management firm Pretium Partners is acquiring thousands of homes from home construction company D.R. The transaction could also signal investors’ re-entry into the housing market after institutional investors shed properties at the end of 2022 following a drop in housing prices nationwide.

Real Estate 393

Real Estate Investors Investing Housing Market 393

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. With those two factors still very much in play, here is my 2022 forecast. The 10-year yield and mortgage rates.

Housing Market 543

Housing Market Inventory Mortgage Marketing 543

Housing Wire

OCTOBER 11, 2021

housing market this year? If we stick to the facts, however, we can glean a few important take-homes as to what risks the housing market faces for 2021 and beyond. Following these years of doldrums, in the years 2020 to 2024 we have the best housing demographic patch ever recorded in history. Become a member today.

Housing Market 532

Housing Market Marketing Construction Investors 532

Housing Wire

OCTOBER 21, 2020

Fratantoni brought up this point, saying that short-term rates will stay at 0% at least until 2022 and said that we will see a very cautious Fed when it comes to raising rates from here. million annualized pace for new construction — the highest level since 2007. However, he forecasted that rates will steadily rise over the next year.

Mortgage 402

Mortgage Inventory Housing Market Construction 402

Housing Wire

MARCH 26, 2024

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D.

Investors 448

Investors Marketing Inventory Real Estate 448

Housing Wire

NOVEMBER 10, 2022

David Meyer is thankful that his business is still plugging along during the wildest housing market in decades. With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . Department of Housing and Urban Development.

Construction 441

Construction Supply Chain Buyers Development 441

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. We believe the bill won’t come due in 2021 and potentially not in 2022 either.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. However, housing affordability worsened.

Inventory 408

Inventory Housing Market Marketing Construction 408

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Both pose threats to access to capital, the cost of materials and labor, and future housing values. In addition, JP Morgan Chase & Co.

Housing Market 544

Housing Market Marketing Construction Development 544

Empire Appraisal Group

AUGUST 3, 2023

Hurricanes present unique housing market events. Their immediate impact on the local real estate market is harsh, but investors often rush in and the number of real estate transactions bounces back and often increases.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. Compared to the existing home sales marketplace, it doesn’t have a high cash buyer or investor buyer profile.

Mortgage 475

Mortgage Inventory Housing Market Construction 475

Housing Wire

MAY 5, 2023

Overall the unemployment rate has shown little net movement since early 2022. Sturtevant also said that she does not expect the housing market to take a major hit if labor market conditions weaken. housing market, which has been relatively subdued this spring.” Treasuries.

Construction 379

Construction Housing Market Real Estate Mortgage 379

Listing Spark

AUGUST 11, 2022

For those that haven’t been a real estate investor before, hard money lending may be confusing. Can they provide insight into today’s housing market. 10:33 – Why having the right partner is important if you want to get into investing or building new construction with hard money lending.

Real Estate 36

Real Estate Investors Lending Investing 36

Housing Wire

JANUARY 12, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. planting us firmly in the first days of 2023 where higher rates and prices threaten to completely paralyze the housing market.

Inventory 527

Inventory Investors Construction Housing Market 527

Housing Wire

JULY 20, 2023

million in June 2022. The median existing-home price in June for all housing types – which includes single-family homes, condos and townhouses – was $410,200, the second-highest price of all time and down 0.9% from the record-high of $413,800 in June 2022. Total housing inventory recorded at the end of June was 1.08

Inventory 325

Inventory Buyers Construction Realtors 325

Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? This makes them much more efficient sellers than existing homeowners, who need to find another house once they sell. 291,000 homes are still under construction: 5.7 months, this is an OK market for the builders.

Mortgage 544

Mortgage Construction Buyers Inventory 544

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Inventory 516

Inventory Housing Market Construction Marketing 516

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA). during the same time.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

JANUARY 19, 2024

from December 2022 to $382,600 – the sixth consecutive month of year-over-year price increases. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. from December 2022 ($366,500). Sales faded 6.2% All four U.S.

Housing Market 448

Housing Market Inventory Contracts Marketing 448

Housing Wire

OCTOBER 17, 2023

Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless. level from the second quarter of 2022 and far beneath a recent peak of 60.8%

Investors 389

Investors Inventory Investing Real Estate 389

Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. Except now, we have had massive price gains in 2020, 2021 and 2022.

Housing Market 393

Housing Market Inventory Construction Marketing 393

Housing Wire

JUNE 22, 2023

million in May 2022. Home sales have been dropping on an annual basis since the Federal Reserve began hiking the benchmark rate in spring of 2022. Total housing inventory recorded at the end of May was 1.08 from May 2022 (1.15 months in May 2022, the trade group said. from May 2022. from May 2022.

Inventory 368

Inventory Construction Realtors Marketing 368

Housing Wire

NOVEMBER 24, 2021

months, this is an OK market for the builders. months and above, the builders will pull back on construction. One of the biggest concerns I had with housing in 2021 was not that home prices were going to collapse as the forbearance crash bros were promoting on their terrible YouTube, Twitter, Facebook, and Clubhouse chats.

Construction 487

Construction Marketing Housing Market Mortgage 487