Housing Wire

MAY 9, 2022

billion in 2020, an increase that ALTA attributed to historic mortgage origination activity and the substantial increase in home values. Incredibly low mortgage rates (led) to an unprecedented increase in real estate transactions and substantially higher home values,” Diane Tomb, the CEO of ALTA said in a statement.

Insurance 356

Insurance Home Value Inventory Real Estate 356

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

Housing Market 449

Housing Market Marketing Insurance Mortgage 449

Housing Wire

JULY 29, 2022

metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022. Table 2: 10 Hottest Housing Markets out of the Top 250 Metro Areas, June 2022.

Housing Market 410

Housing Market Sellers Marketing New Listings 410

Housing Wire

FEBRUARY 1, 2023

Rob Nunziata , co-CEO and co-founder of Florida-based FBC Mortgage , says one mortgage sweetener that holds out some promise for making houses more affordable for a broader swath of borrowers is the temporary rate buydown. “It Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

JULY 28, 2023

High mortgages and stubbornly elevated home prices are worsening the housing affordability crisis. starter” home, up 13% from a year ago, according to a new report from Redfin. In June, the typical starter home sold for a record $243,000, up 2.1% In June, the typical starter home sold for a record $243,000, up 2.1%

Buyers 370

Buyers Housing Market Investors Real Estate 370

Quicken Loans

DECEMBER 16, 2021

Mortgage rates dropped down to record lows that carried through much of 2021. In addition, home values and sales skyrocketed. In combination with low housing inventory and labor shortages, that drove up selling prices. Here are a few housing market predictions for 2022 to help you prepare for the market’s future.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. million homes bought and sold in the U.S. According to data from Statista , there were roughly 5.95 last year.

Loan Officers 397

Loan Officers Real Estate Agent Real Estate Finance 397

Lamacchia Realty

FEBRUARY 22, 2022

The Pandemic has caused mortgage rates to linger around the 3% range for a while now after having initially dipped into the high twos in what was a historically low number. 125%) is equivalent to $40 additional per month on their mortgage payment or a $10,000 loss in buying power. An eighth of a point increase (.125%)

Mortgage 65

Mortgage Realty Home Value Inventory 65

Housing Wire

MAY 9, 2022

has its high-priced metro areas, our size and diversity mean that our national home price index won’t ever be driven by just two cities. housing market is more tied to mortgage buyers. We are a monster compared to them in population and the majority of homebuyers in America use mortgages. While the U.S.

Buyers 530

Buyers Housing Market Mortgage Marketing 530

Eppraisal

JANUARY 28, 2022

It is predicted to go from a record-breaking market to a hot market in 2022. Danielle Hale, Realtor.com chief economist states, "We expect a whirlwind 2022 for the housing market. Home sales are expected to increase another 6.6% and home prices to rise another 2.9% Home sales are expected to increase another 6.6%

Marketing 68

Marketing Home Value Real Estate Housing Market 68

Boston Appraisal

JANUARY 18, 2023

The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates.

Sellers 78

Sellers Buyers Home Value Marketing 78

Housing Wire

FEBRUARY 4, 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. 2022 Forecast series. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market.

Housing Market 370

Housing Market Inventory Home Value Marketing 370

Housing Wire

SEPTEMBER 27, 2023

Years of rising prices and a prolonged period of increasing mortgage rates have made one issue top of mind for most homebuyers: affordability. Take the Zillow Home Value Index. It measures the typical home value for single-family residences, condominiums and co-ops in the 35th to 65th percentile within their region.

Home Value 412

Home Value Inventory Housing Market Valuation 412

Eppraisal

JUNE 28, 2022

The summer of 2022 real estate market is starting to slowly shift. Gas, food and utility bill prices are skyrocketing and mortgage interest rates have almost doubled since their historical lows the last couple years. The inventory of homes available for sale is starting to balance. This is because home prices keep rising.

Marketing 36

Marketing Real Estate Sellers Inventory 36

Eppraisal

DECEMBER 14, 2021

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae. Again, good news for sellers; a headache for seekers.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

Listing Spark

OCTOBER 13, 2022

00:02:50] Peaking into the Fall 2022 Austin housing market. The Austin market has cooled down significantly since 2021 and early 2022. There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. Episode highlights. Key takeaways. [00:02:50]

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Eppraisal

DECEMBER 9, 2022

As buying a home is one of the most important investment decisions you will ever make, it is crucial to understand the current real estate market before you dive in. Home values rose double digits, year-over-year, the past couple years? The housing inventory has been low; however, it is growing?

Real Estate Agent 68

Real Estate Agent Real Estate Agents Home Value 68

Hank Miller Team

MARCH 6, 2024

Greater Atlanta remains one of the strongest national markets, home values are not likely to drop over the next several months. Inventory Favors Sellers, but is Balancing The rate bumps literally shocked and froze the market like Wiley E. A balanced market tends to have 3-5 months of inventory, this was down to 1.1

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Eppraisal

SEPTEMBER 22, 2021

According to an article on Bankrate.com, written by Jeff Ostrowski, "Mortgage rates plumbed to new depths in January 2021, setting all-time lows south of 3 percent." The inventory of homes available are historically low as well. The inventory of active listings is still down 52.8% There wasn't a lack of inventory either.

Real Estate 45

Real Estate Marketing Inventory Home Value 45

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. What does this mean for mortgage rates? Mortgage rates should get better. ” Mortgage rates track the yield on 10-year U.S.

Inventory 466

Inventory Housing Market Mortgage Law 466

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. Things are starting to look up in 2023 with a break in mortgage rates. [00:05:15]-[00:05:31]

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Eppraisal

APRIL 20, 2021

Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. With limited inventory, home values are on the rise.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

MARCH 25, 2022

The reality that good news never makes the news does not take the edge off of the dreadful reports coming from media outlets in 2022. Coming out of the COVID-19 pandemic, and an extended period of low inventory of homes for sale, brokers do not see any significant improvements in the real estate market in the short term.

Supply Chain 36

Supply Chain Real Estate Marketing Sellers 36

Eppraisal

OCTOBER 25, 2022

Prices and home values typically increase in the spring and summer as well. Home Prices and Interest Rates A portion of buyers on the market in the spring and summer ended up being priced out of the market as home values jumped double digit percentages year over year. over last year." over last year."

Real Estate 36

Real Estate Buyers Decorating Sellers 36

Housing Wire

JULY 6, 2022

Home price growth slowed in May, showing signs of a cooling housing market. But housing is the least affordable it has been since the mid-1980s as mortgage rates rise and home values soar, driven by low housing inventory, a new Black Knight report suggests. in May from a revised 20.4%

Inventory 394

Inventory Home Value Housing Market Mortgage 394

Eppraisal

APRIL 27, 2021

Qualify to Purchase a Home If you are thinking of purchasing a home, you must first be able to qualify for a mortgage. To qualify for a mortgage, you need steady employment and income. Interest rates are still historically low, so it's a great time to borrow money to purchase your first home. You need good credit.

Property Taxes 50

Property Taxes Home Value Landlords Insurance 50

DW Slater Company

FEBRUARY 23, 2023

The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. The demand for housing decreased with the higher mortgage rates as it decreased buyer power. The biggest answer is inventory. The inventory is still at very low levels.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. In 2022 we saw this raging market hit a large bump in the road. Whenever this happens the supply and demand formula is affected.

Housing Market 80

Housing Market Marketing Inventory Sellers 80

Appraisal Today

JUNE 10, 2022

Not much work probably compared with 2020-2022. The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. Jun 7, 2022. This is the past.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Housing Wire

JULY 25, 2022

Several leading housing-market economists also are projecting the deceleration in home prices will continue in near the future as homebuyer demand ebbs — with one economist even predicting that prices will decline in some particularly hot markets across the nation. Freddie Mac projects that home-price growth will average 12.8%

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Housing Wire

AUGUST 8, 2023

Busch is vice president and senior mortgage banker at First Savings Mortgage Corporation , a Virginia-based lender that produced $2 billion in mortgages in 2022, less than half the $4.2 billion volume of the previous year, per the mortgage data platform Modex. billion in 2022, down 41.3%

Insurance 364

Insurance Mortgage Clients Lending 364

Housing Wire

MARCH 23, 2022

Inventory is at a record low and homes are selling within a week of being listed – more than two weeks faster than they did in February 2020.”. As mortgage rates rise, all else held equal, house-buying power falls,” First American deputy chief economist Odeta Kushi said in a statement. This is an increase of 3.3% after a 10.4%

Supply Chain 383

Supply Chain Housing Market Buyers Construction 383

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. It looks like the change is starting because of increasing mortgage interest rates. June 10, 2022. My Comments on Market Changes. No one did.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

The Robert Weiler Company

SEPTEMBER 7, 2022

Data through the first half of 2022 has been tallied on Ohio land for sale. All indicators show an extremely positive trend that will likely continue through the rest of 2022 and beyond. As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Homes sales reached 14,210 in May 2022, a 1.8%

Marketing 78

Marketing Real Estate Investing Retail 78

Raleigh Realty

JULY 12, 2022

Let’s take a deep dive into emerging data in Wake County from 2022 and narrow down on key Raleigh real estate trends. Statista) The average home in Wake County sold for 105.4 of its original list price in Q1 of 2022. Census data, there are 195,659 occupied homes in Raleigh, while 12,455 are vacant. is renter-occupied.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Housing Wire

DECEMBER 1, 2022

“Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some Districts,” the report states, noting that “residential construction slid further at a modest pace” and “home prices grew less rapidly or declined outright amid weak demand.”. million in 2023 from 5.67 trillion from $2.34

Housing Market 363

Housing Market Marketing Construction Inventory 363

Housing Wire

JULY 26, 2022

Housing data for May 2022 continued strong, as price gains [nationally] decelerated slightly from very high levels,” says Craig J. National Home Price Index is a leading measure of housing prices. Lazzara said the cost of a mortgage is rising as the Federal Reserve continues to bump up interest rates.

Housing Market 370

Housing Market Inventory Retail Marketing 370