Housing Wire

JULY 6, 2023

The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%. High rates combined with low inventory continue to price many potential homebuyers out of the market, added Khater.

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Mortgage Construction Inventory Investors 382

Housing Wire

MAY 11, 2024

Mortgage rates and the bond market have fallen a bit recently and the spreads between the 10-year yield and 30-year mortgage rate have improved over last year’s levels. To see mortgage rates drop and stay lower, the bond market needs to know the labor market is getting softer. That’s a 0.50% difference in rates.

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Mortgage Inventory New Listings Housing Market 441

Housing Wire

FEBRUARY 12, 2024

Stratmor Group served as the adviser to AFR for the deal, which was announced in August 2023 and completed on Feb. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. residential mortgage market and housing-related assets.

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Housing Wire

JANUARY 13, 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. With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best. Fortunately, it’s not all bad news.

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Marketing Contracts Supply Chain Project Management 464

Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

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Finance Construction Tenants Renovations 477

Housing Wire

MARCH 7, 2024

Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said. As the 12th-largest mortgage lender , Planet Home Lending posted an origination volume of $25 billion in 2023, a 5.3%

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Retail Lending Renovations Construction 424

Housing Wire

APRIL 9, 2024

David O’Reilly, CEO of Howard Hughes Holdings which constructs planned communities, describes the market being “at the cusp,” saying that the demand appears to be coinciding with more members of Gen X nearing a time where they will become “empty nesters.”

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Buyers Construction Realtors Development 493

Housing Wire

MARCH 12, 2024

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. The Denver-based fintech made its first mergers and acquisition (M&A) deal in May 2023 when it acquired mortgage solutions provider LenderSelect.

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Technology Retail Lending Design 414

Housing Wire

JANUARY 23, 2024

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year.

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Housing Wire

SEPTEMBER 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. In August, the sales pace of new homes fell 8.7%

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Inventory Buyers Construction Sellers 493

Housing Wire

MAY 2, 2024

His portfolio is concentrated on purchase loans (98% of the total volume in 2023) for first-time homebuyers. But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. Potempa had a joint venture with OneTrust from March 2022 to March 2024.

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Loan Officers Mortgage Retail Lending 414

Housing Wire

APRIL 3, 2024

It has constructed a servicing platform while adding multi-asset originations and asset management capabilities. Ocwen posted a $64 million loss in 2023 but forecasts a generally positive trajectory for its reverse mortgage origination and servicing businesses, according to a recent earnings report.

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Mortgage Business Design Construction 409

Housing Wire

SEPTEMBER 20, 2023

The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. In spite of a higher-than-expected CPI reading in August, core inflation readings have been falling every month in 2023. Today’s decision not to raise rates will likely influence credit markets. a year earlier.

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Housing Market Mortgage Landlords Marketing 442

Housing Wire

MAY 16, 2024

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. Overview of findings The report was released to the public in November 2023. A study commissioned by the U.S.

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Development Appraisal Property Appraisal Insurance 262

Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

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Real Estate Agent Real Estate Buyers Agents 442

The Robert Weiler Company

JANUARY 27, 2023

Because it’s where fictional game developers James Halliday and Ogden Morrow of Gregarious Games launch the OASIS, a fully interactive immersive VR gaming environment where a growing percentage of the human population goes to escape. Below, we review the industrial real estate trend for 2023, focusing on the digital technology sector.

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Real Estate Supply Chain Construction Development 148

Housing Wire

MAY 25, 2022

While some buyers still enjoy finding their new construction home the old-fashioned way —spending a Saturday driving through neighborhoods — the National Association of Realtors (NAR) reports that 97% of homebuyers, regardless of age, use the internet in their home search.

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Construction Real Estate Buyers Sellers 450

Housing Wire

DECEMBER 16, 2021

Let’s not forget the substantial fiscal and monetary policy that provided extraordinary levels of support for households, businesses, and markets here and abroad. The main takeaway from Mortgage Bankers Association forecast is that we see 2022 as a transition year, moving from a refinance market to a purchase market.

Marketing 450

Marketing Mortgage Supply Chain Inventory 450

Housing Wire

MARCH 26, 2024

Then, the housing market takes off like a rocket with home values exceeding all expectations. If any of this resonates with your personal experience in the current market, you have officially entered the realm of interacting with homeowners in the post-pandemic economy. As of December 31, 2023, 3.1% respectively.

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Law Real Estate Property Taxes Marketing 424

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

The real estate market has been on a crazy ride for the past few years. Frankly, much of my work has been time-consuming for many reasons, including trying to measure different markets in this interesting time. In the meantime, I had a chance to interview Anastasia Corjan, who is the Senior Marketing Manager at CubiCasa.

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Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

MAY 14, 2024

In February 2023, FHA Commissioner Gordon announced a 30-basis point cut in FHA annual premiums. Last week, we wrote a letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t.

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Sellers Realty Insurance Realtors 390

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. Fannie Mae recently projected originations for 2023 at $1.59 trillion, a revision downward from its January estimate of $1.65

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Inventory Renovations Real Estate Government 457

Housing Wire

AUGUST 3, 2023

Some economists say that this development contributed to drive up the 10-year treasury yield to its highest level since November 2022. According to HousingWire’s analyst Logan Mohtashami , the stronger labor data had a bigger impact on mortgage rates and the bond market than the sale of long-term securities or the default rating.

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Mortgage Inventory Government Buyers 370

Housing Wire

FEBRUARY 8, 2024

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. Representing the top 1.5%

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Real Estate Agent Real Estate Agents Clients 404

Housing Wire

DECEMBER 4, 2023

The most recent report shows 4,244 individuals experienced homelessness in 2023 — evidence that the pipeline into homelessness in the greater Dallas area continues to evade a long-term solution, leaving Housing Forward in a position of swimming upstream against a powerful current.

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Development Property Management Government Training 414

Housing Wire

MAY 14, 2024

Housing affordability has plummeted to its lowest level since the 1980s, keeping many Americans in the rental market. As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. But even in places with substantial rental supply, developers have been able to keep BTR homes mostly full.

Construction 441

Construction Tenants Development Real Estate 441

D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Now, many people are asking when the market will correct itself.

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Real Estate Marketing Inventory Housing Market 105

Housing Wire

MAY 7, 2024

Department of Housing and Urban Development (HUD) and the White House announced $5.5 The funding is designed to address a series of local needs including affordable housing , homelessness assistance and community development. billion will be distributed through the Community Development Block Grant (CDBG) program to 1,254 recipients.

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Development Tenants Construction Investing 493

Housing Wire

SEPTEMBER 27, 2022

housing market — it now applies to the world economy. As I noted during my recent podcast on HousingWire, things are getting sloppy in the markets, and when chaos happens, you can’t ever be sure how bad the damage is going to be. Savagely unhealthy is no longer just a term for the U.S. He wants to see balance.

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Housing Market Inventory Marketing Construction 464

Housing Wire

OCTOBER 18, 2023

Department of Housing and Urban Development and U.S. However, permits for future construction recorded a 4.4% It showed the biggest drop in confidence since January 2023. Could multifamily construction stall? Housing starts climbed to a seasonally adjusted annual rate of 1,358,000 in September, according to U.S.

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Construction Development Inventory Mortgage 433

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. As a result, I think it has actually insulated some aspects of the market.

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Supply Chain Construction Inventory Finance 382

McKissock

JANUARY 6, 2023

Here are a few ideas for transforming your appraisal career in 2023. An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. Consider salary-paying opportunities.

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Appraisal Training Lending Land Management 74

Lamacchia Realty

MARCH 7, 2023

has released its “Top Producing REALTORS®,” for February 2023! February 2023 Winners of the Top 10 for the Company are: Jason Pincomb joined Lamacchia Realty in the Spring of 2021 and has seen tremendous success! He has developed a niche role in the Boston market, particularly in assisting first-time homebuyers and military veterans.

Realtors 73

Realtors Realty Real Estate Clients 73

Housing Wire

NOVEMBER 3, 2023

Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R.

Real Estate 318

Real Estate Brokerage Buyers Property Management 318

Housing Wire

NOVEMBER 29, 2023

Census Bureau and the Department of Housing and Urban Development. Homebuilders are also pacing the number of homes they bring to market. Home construction New home construction ramped up early in the pandemic but moderated as interest rates ticked up and mortgage rates followed. for the third quarter of 2023.

Construction 414

Construction Finance Inventory Development 414

Housing Wire

FEBRUARY 13, 2024

Between July 1, 2022, and July 1, 2023, Alabama’s population grew by 34,000 people, according to estimates published by the U.S. Additionally, the 2023 National Movers Study conducted by United Van Lines ranked Alabama No. We do not have enough houses on the market to satisfy demand, even with the higher interest rates.”

Construction 404

Construction Supply Chain Inventory Agents 404

Housing Wire

JANUARY 25, 2024

9, 2022, not only helped the housing market build more homes, but it also boosted the U.S. economy because single-family permits grew in 2023. The new home sales sector employs construction workers and stimulates the purchase of goods and services to build those homes: everything from windows to garage doors, flooring and more.

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Construction Housing Market Inventory Marketing 498