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How top LOs plan to beat the odds in 2023

Housing Wire

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. He hit a record $2.47

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What to Know About Home Renovations in 2023

Lamacchia Realty

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

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Purchasing a Home That Requires Renovations and Repairs

Lamacchia Realty

Because of this, many buyers going through the home buying process are becoming more open to a house that needs renovations. Purchasing a home that requires renovations and repairs might seem overwhelming, but with these tips, the process of purchasing a fixer-upper and making those first repairs is much more manageable.

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Pending home sales down again in September

Housing Wire

Yun expects inventory levels to pick up again in 2022 and that buyers who have temporarily paused their search will return to the market in the new year. Top markets for affordable renovated housing inventory. As a result, Yun predicts that home prices will grow only 2.8% All four major U.S.

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Startup NFTYDoor launches home equity platform with one-minute application

Housing Wire

According to Black Knight, at the end of the second quarter of 2022, the average U.S. The 2022 housing market has been underscored by interest rate spikes and refi decline and lenders are working hard to adjust to new borrower trends. homeowner had $216,900 in tappable equity, up 5% from the first quarter and 25% year over year.

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Lamacchia Realty Named a 2022 Fast 50 Company by Boston Business Journal

Lamacchia Realty

The Boston Business Journal has named Lamacchia Realty to its exclusive 2022 Fast 50 list, which represents the 50 fastest-growing private companies in Massachusetts. In 2022, Lamacchia Realty ranked 16th on the Fast 50 List with 274.39% growth! Lamacchia Realty continues to show signs of continued growth in 2022. May 20, 2022.

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DataDigest: iBuyers slide farther from hyped market disruption

Housing Wire

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. By the time it sold its final home in September 2022, the division had lost more than $1.5 “The largest, undisrupted market in the U.S.,”

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