Housing Wire

NOVEMBER 30, 2021

As we look forward to 2022, the non-QM market is predicted to grow substantially. The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. Investor-related loans are also seeing an increase, Lind said. Brokers across the U.S.

Supply Chain 331

Supply Chain Lending Investors Renovations 331

Housing Wire

DECEMBER 19, 2023

9, 2022 , positively impacting new home sales. I recently did a podcast with Downtown Josh Brown that was more catered for investors to try to explain the madness of the housing market in 2023. percent)* above the November 2022 rate of 1,427,000. percent above the November 2022 rate of 1,402,000. economy into a recession.

Construction 495

Construction Housing Market Investors Marketing 495

Eyes on Housing

MAY 17, 2023

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions. This is almost 7% lower than the first quarter of 2022. This is almost 7% lower than the first quarter of 2022. However, strength earlier. Read More ›

Construction 137

Construction Design Investors 137

Housing Wire

NOVEMBER 27, 2023

In March 2022 , Veev raised a $400 million Series D led by BOND , while LenX , Zeev Ventures , JLL Spark Global Ventures , and Fifth Wall also participated in the round. Veev said at the time that the funding would be used to scale its operations, accelerate its research and development, and expand construction into new markets.

Inspection 433

Inspection Investors Investing Insurance 433

Housing Wire

JANUARY 5, 2024

million increase of 2022. While this is below the job growth in 2021 and 2022, when the economy was rebounding from the sharp job losses in 2020, it is still a much higher pace of job growth than we had before the pandemic,” Bright MLS Chief Economist Lisa Sturtevant said in a statement. With December’s numbers in, a total of 2.7

Transportation 410

Transportation Construction Government Investors 410

Housing Wire

DECEMBER 20, 2021

With those two factors still very much in play, here is my 2022 forecast. For 2022, my range for the 10-year yield is 0.62%-1.94% , similar to 2021. The economy won’t be as hot in 2022 as it was in 2021, but it will remain in expansionary mode. For 2022, I am forecasting the same sales trend range as 2021 of about 5.74

Housing Market 542

Housing Market Inventory Mortgage Marketing 542

Housing Wire

FEBRUARY 6, 2024

Elevated mortgage rates and limited housing inventory fuel the ongoing demand for single-family rental units, keeping construction starts afloat in the BTR market. Since borrowing costs surged in 2022, investors have developed other ways to buy homes, including directly from builders. rental homes.

Investing 395

Investing Real Estate Investors Construction 395

Housing Wire

FEBRUARY 23, 2024

The analysis is limited to resale properties and does not include new construction, which means that build-to-rent activity is excluded. New Western , meanwhile, also stood out as a marketplace for real estate investors. Investors of all sizes purchased 46,419 residential properties in fourth-quarter 2023, according to Redfin data.

Buyers 381

Buyers Investors Real Estate Insurance 381

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 392

Real Estate Investors Investing Housing Market 392

Housing Wire

JUNE 14, 2023

Large single-family rental investors didn’t have much of an appetite in the fourth quarter of 2022 and the first quarter of 2023. The slowdown in institutional investor SFR purchases? For now, institutional investors only control about 3% to 5% of the SFR market , which counts an estimated 17 million homes.

Inventory 352

Inventory Investors Construction Real Estate 352

Housing Wire

JANUARY 9, 2023

Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers. Both pose threats to access to capital, the cost of materials and labor, and future housing values.

Housing Market 544

Housing Market Marketing Construction Development 544

Housing Wire

JANUARY 12, 2023

This article is part of our 2022 – 2023 Housing Market Update series. Fueled by the work-from-home exurb mania which joined forces with the newly minted individual and institutional passive investors, outsized demand was created that defied demographics. history. . And finally, decreased demand due to aging demographics. .

Inventory 505

Inventory Investors Construction Housing Market 505

Housing Wire

JULY 19, 2023

She was the primary contact between Go Mortgage and its institutional lenders, investors and securitization counterparts. Chikonde’s agreement remained in full effect as she continued working for Go Mortgage before abruptly resigning in July 2022 without notice, the lawsuit claims.

Mortgage 354

Mortgage Marketing Retail Construction 354

Housing Wire

MAY 2, 2024

Potempa had a joint venture with OneTrust from March 2022 to March 2024. But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. “In wholesale, you can shop and sell the loan to a multitude of investors. Right now, we have 200 different investors.”

Loan Officers 395

Loan Officers Mortgage Retail Lending 395

Housing Wire

APRIL 14, 2023

Since October of 2022, the share of buyers who are purchasing their home without a mortgage has been more than one quarter of the market. The share is collected monthly in the Realtors Confidence Index and includes buyers who purchased primary homes, vacation homes and investors. In March of 2022, sellers received an average of 5.5

Realtors 416

Realtors Buyers Inventory Sellers 416

Housing Wire

MARCH 22, 2023

Pacific Western Bank also explored a capital raise with potential investors. billion in the fourth quarter of 2022. The increase was due primarily to the residential and real estate mortgage and construction portfolios, consisting of 70% of the total portfolio in Q4 2022. In addition, it has drawn $3.7

Real Estate 366

Real Estate Investors Investing Finance 366

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. That’s particularly true for mom-and-pop investors across both market segments.

Investors 361

Investors Inventory Investing Real Estate 361

Housing Wire

JANUARY 13, 2023

In addition, secondary market investors continue to show interest in well-underwritten, higher-rate loans secured by single-family rental properties. It looks to be about 50% investor properties,” Ben Hunsaker said of the planned NRMLT offering. trillion — down by 15% compared with 2022.

Marketing 408

Marketing Investing Investors Landlords 408

Housing Wire

FEBRUARY 28, 2024

In a response to a question from an investor during a recent earnings call, Penn said that the company remains strongly committed to Longbridge and the reverse mortgage business. HECM and proprietary performance The Longbridge portfolio increased to $552 million at the end of last year, Herlihy said, up from $328 million to end 2022.

Mortgage 363

Mortgage Investors Retail Business 363

Housing Wire

MARCH 27, 2023

The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae’s Economic and Strategic Research (ESR) Group said. Fannie Mae raised its first quarter GDP forecast to grow 0.9%

Construction 351

Construction Lending Finance Mortgage 351

Housing Wire

JANUARY 18, 2024

Housing starts declined 9% in 2023, an indication that homebuyers looking to purchase a new construction home may continue to struggle with the lack of inventory this year. More than 57% of investors have priced in at least a quarter-point cut in March, according to the CME Group’s FedWatch tool. 12 compared to a week earlier.

Mortgage 527

Mortgage Inventory Retail Construction 527

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. from May 2022 (1.15 months in May 2022, the trade group said. from May 2022. from May 2022. from May 2022. from May 2022. from May 2022.

Inventory 346

Inventory Construction Realtors Marketing 346

Housing Wire

MAY 5, 2023

Overall the unemployment rate has shown little net movement since early 2022. The construction sector added 15,000 jobs in April, thanks to a large uptick in the specialty trade contractors segment of construction, which gained 26,700 jobs, with residential specialty trade contractors gaining 16,700 of those jobs. Treasuries.

Construction 369

Construction Housing Market Real Estate Mortgage 369

Housing Wire

OCTOBER 13, 2021

Goldman Sachs economists predict that home prices will grow another 16% by the end of 2022. In addition, as fears of inflation increase, many investors are purchasing properties as a hard asset. Construction employment is still 201,000 jobs below its February 2020 level, according to the U.S. Bureau of Labor Statistics.

Inventory 531

Inventory Construction Law Investors 531

Housing Wire

JUNE 29, 2023

Mortgage rates little changed this week as investors assessed Federal Reserve Chairman Jerome Powell ’s latest comments on rate hikes. New home sales have rebounded more robustly than the resale market due to a marginally greater supply of new construction. since mid-May, running in a steady 100-basis point range, Ratiu noted.

Mortgage 348

Mortgage Investors Construction Marketing 348

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. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 391

Inventory Housing Market Marketing Construction 391

Housing Wire

JULY 20, 2023

million in June 2022. from the record-high of $413,800 in June 2022. The monthly median price surpassed $400,000 for the third time, joining June 2022 and May 2022 ($408,600). We’ve seen home sales drop on an annual basis since the Federal Reserve began hiking the benchmark rate in spring of 2022. from June 2022.

Inventory 295

Inventory Buyers Construction Realtors 295

Housing Wire

AUGUST 25, 2023

The Arizona-based lender relaunched its forward mortgage origination business in June after ceasing it in December 2022 against the backdrop of rising interest rates. In 2022, AmeriFirst closed $2.5 Its BPL business originated about $30 million in volume every month, Eric Bowlby, CEO at AmeriFirst Financial told HousingWire in June.

Mortgage 370

Mortgage Retail Business Lending 370

Housing Wire

JULY 7, 2023

The fix-and-flip market has seen a boom in recent years, with more than 407,000 homes flipped in 2022, a 14% increase from 2021 and a 58% increase from 2020, according to a recent report by real estate data firm ATTOM. ATTOM reports that one in 12 home sales last year — 8.4% — involved fix-and-flip investors.

Marketing 344

Marketing Lending Investors Real Estate 344

Housing Wire

AUGUST 31, 2022

Tricon is contributing to a nationwide surge in single-family build-for-rent (SFBFR) construction. An analysis by the National Association of Home Builders (NAHB) found that there were some 21,000 SFBFR construction starts across the country during the second quarter of 2022, up 91% from the same period in 2021. year to date.

Marketing 376

Marketing Construction Supply Chain Development 376

Housing Wire

JULY 7, 2022

2022 State of the Mortgage Industry: Affordability and Inventory. Slow construction and restrictive zoning laws. One of the major causes of low inventory has been due to slowed construction. Institutional Investors. In 2021, we saw the highest rate of investor-purchased properties than ever before.

Inventory 392

Inventory Marketing Mortgage Supply Chain 392

Housing Wire

JANUARY 19, 2024

from December 2022 to $382,600 – the sixth consecutive month of year-over-year price increases. from December 2022 ($366,500). Just remember, the year-over-year comps were very easy because home prices were declining in the second half of 2022, so we have easier comps to work from. From NAR : Existing-home sales waned 1.0%

Housing Market 424

Housing Market Inventory Contracts Marketing 424

Housing Wire

JANUARY 27, 2023

So, as the 10-year yield has fallen along with mortgage rates, investors are anticipating the builders can sell more of their products once they’re ready to be moved into. 291,000 homes are still under construction: 5.7 An estimated 644,000 new homes were sold in 2022. We have had some conflicting data points recently.

Mortgage 540

Mortgage Construction Buyers Inventory 540

Eyes on Housing

AUGUST 16, 2023

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions. This is more than 4% lower than the second quarter of 2022. Read More ›

Design 114

Design Construction Investors 114

Housing Wire

MAY 31, 2022

Chicago’s housing market started out hot in 2022. trillion in 2022, down significantly from last year’s $4 trillion. When we help bring distressed properties back to the market, it’s up to 31% less expensive than a new construction home.”. Department of Agriculture (USDA). during the same time.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Appraisal Buzz

AUGUST 29, 2022

Home prices continued to rise by over 20% between the spring of 2021 and the spring of 2022. Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. However, as of early 2022, the nation had a deficit of 3.8 This was due to an all-time housing shortage.

Transportation 370

Transportation Law Investing Investors 370

Housing Wire

JANUARY 12, 2022

In fact, FHFA’s new fee structure for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac is expected to largely offset the effects of other recent policy changes that were projected to be a drag on the secondary market in 2022, according to Dashiell Robinson, president of Mill Valley, California-based Redwood Trust. “We

Marketing 395

Marketing Government Construction Mortgage 395