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Home-equity niche will benefit from a private-label lift

Housing Wire

“After that time, HELOC production waned as defaults spiked and home values plummeted, and HELOC securitizations effectively stopped for nearly a decade. Those 17 deals were backed by home-equity collateral valued in total at $3.9 Saluda is the borrower, and they face Barclays,” Craft explained.

Contracts 338
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Home equity is the bright gem of the housing market

Housing Wire

I think in 2023, we’re going to see rates higher for longer,” Toohig concludes. Through the market turmoil and volatility that marked much of 2022 — and is still with us today — home-equity lending expanded, however. Our contract is little different in that we share part of the entire home value at the end of the contract.

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Home price growth slowed further in October

Housing Wire

(The Case-Shiller home price indices for October is a three-month average of closing prices in August, September and October. Because most home sales take several months from contract to closing, the data likely includes some deals struck in June and July.). to a reading of 315.13.

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What’s influencing the increase in REO acquisitions?

Housing Wire

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low.

Inventory 376
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Q1 2023 Texas Real Estate Market update – Real Estate Real Fast EP17

Listing Spark

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]

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Non-Arms Length Sales for Appraisers

Appraisal Today

I have also done many relocation appraisals, done before the home is listed. What should appraisers look for in a sales contract? The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. You are “graded” on how close you come to the sales price. percent from 7.13

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7 best real estate schools in Florida (FL) for 2024

Housing Wire

Self-paced online * Florida school prices as of October, 2023 Aceable Agent: Best Florida real estate school for efficiency & ease Overall Rating 4.8 / 5 Rating: 4.5 Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more.