Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Industry workers didn’t pull back on investing in professional development, with the majority (51%) spending money to reach potential clients. in events to garner business.

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Housing Market Mortgage Marketing Inventory 378

Housing Wire

MARCH 28, 2024

the parent of digital lender Better.com , narrowed its net loss between the third and fourth quarters of 2023 by more than 80%, driven by expense cuts to its platform and marketing efforts. Going forward, Better is focused on driving market share and reaching profitability in the medium term. million in full year 2022.

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Loan Officers Technology Investing Realtors 377

Housing Wire

DECEMBER 1, 2023

As the housing market continues to undergo a seismic shift, technology leaders like this year’s Tech Trendsetters stand as beacons, guiding the industry toward a future where innovation is not an option but an imperative for success. Congratulations to the 2023 Tech Trendsetters honorees.

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Technology Architecture Real Estate Development 379

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Here’s what that buyer behavior in the second half of 2022 is telling us about two key retail market trends in 2023: 1.

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Housing Wire

FEBRUARY 2, 2024

In a high-rate environment, Pennymac Financial Services delivered profits in 2023, mainly due to the performance of its servicing portfolio. million net income in 2023, down from $475.5 million net income in 2023, down from $475.5 billion in unpaid principal balance (UPB) in 2023, down 9% year over year.

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Technology Legal Mortgage Contracts 348

Housing Wire

JANUARY 25, 2024

Census Bureau and the Department of Housing and Urban Development ( HUD ). This strong finish to 2023 is 8% above the revised November rate of 615,000 and 4.4% The median sale price of a new home in December 2023 was $413,000, and 47% of homes sold were priced below $400,000. above the December 2022 estimate of 636,000.

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Housing Wire

OCTOBER 18, 2023

Department of Housing and Urban Development and U.S. It showed the biggest drop in confidence since January 2023. In many markets in the US, renting has become a sounder financial decision than buying amid elevated mortgage rates. Census Bureau data. It’s a 7% gain from the revised August estimate of 1,269,000 and 7.2%

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Construction Development Inventory Mortgage 413

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. Market indicators so far appear tentatively promising.

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Housing Wire

APRIL 3, 2024

Millennials replaced baby boomers as the largest group of homebuyers in 2023. Notably, 32% of all buyers in 2023 were first-timers (up from 26% in the prior year), with millennials comprising 75% of this demographic. Buyers had to have purchased a primary residence between July 2022 and June 2023.

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Marketing Buyers Sellers Realtors 508

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. Take a look at the full list of winners below to see their accolades and achievements that are helping to move the housing market forward.

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Technology Development Real Estate Realty 418

Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. Previously, the brokerage only operated in the Miami and Palm Beach County markets. We’re excited to expand into the Orlando market,” Serhant said in a statement. In April of 2023, SERHANT.

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Real Estate Marketing Brokerage Realty 383

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. 11, a decrease from last week’s 6.66%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

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Housing Wire

JANUARY 9, 2024

Is 2023 a year to forget? In the case of the mortgage industry, 2023 was not a pretty one. The rapid pace of change from the highs of 2021 to 2023 happened at breakneck speed, driven by one of the most aggressive monetary tightening cycles in history. That’s just what 2023 proved to be. According to the Thomvest U.S.

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Real Estate Valuation Business Marketing 356

Housing Wire

APRIL 10, 2024

Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage and real estate. She is always strategizing for the future to stay one step ahead of current market trends.

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Marketing Loan Officers Real Estate Training 326

Housing Wire

MARCH 4, 2024

The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was not the same between the retail and wholesale channels of the business. to finish with 1,174 loans in 2023. “It’s

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Retail Mortgage Business Marketing 329

Housing Wire

MAY 23, 2024

To give you some perspective, this amounts to less than two weeks of new listings of existing homes that come on the market. Census Bureau and the Department of Housing and Urban Development. percent)* below the April 2023 estimate of 687,000. I like to break down the monthly supply data into subcategories. percent (±12.0

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Marketing Construction Mortgage Housing Market 403

Housing Wire

FEBRUARY 7, 2023

Get ready for Housingwire Annual 2023. Join us on October 10-12, 2023 in Austin, Texas for the ‘All Things Housing’ event of the season. Unique events that focused on Women of Influence, Marketing executives and the HW Vanguards were also presented in 2022. We are bringing that same energy and education to 2023.

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Real Estate Development Appraisal Mortgage 353

Housing Wire

JANUARY 13, 2023

In the midst of a challenging housing market, standing out from the crowd has never been more important. As nominations continue to roll in for the 2023 TECH100 award — nominations close today! — Looking ahead in 2023, all signs are pointing to an industry that will focus on increasing efficiencies and, in turn, cutting costs.

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Tools Technology Development Real Estate 342

Housing Wire

JULY 25, 2023

New home sales among the “50 Top-Selling Master-Planned Communities” increased by 7% in the first half of 2023 compared to the same period in 2022, according to a study by RCLCO Real Estate Consulting. Land Tejas, owned by Starwood Capital Group, appeared on the list three times and was the developer behind Sunterra.

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Development Real Estate Construction Inventory 288

Housing Wire

MAY 1, 2023

HousingWire is excited to announce the 2023 class of Rising Stars! Congratulations to the 2023 Rising Stars! In its tenth year, this industry award is showcasing the up-and-coming leaders in housing who have had major accomplishments all before the age of 40.

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Real Estate Loan Officers Development Realtors 370

Housing Wire

MAY 30, 2024

No one else compares when it comes to brand recognition and tools to market our clients’ homes. His expertise spans condominium conversion and development, residential sales, buyer representation and commercial transactions. joined the business in 2009, bringing extensive experience in sales, marketing and strategic management.

Realty 391

Realty Brokerage Real Estate Clients 391

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We In mid-June 2023, the statewide 90-day average Altos Market Action Index score hit a high for year of 53.99, before sliding down to a trough of 40.03

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Housing Market Marketing Inventory Construction 403

Housing Wire

AUGUST 17, 2023

InstaLend is a tech-enabled real estate loan lender that provides capital to residential developers through streamlined technology and automated workflow, according to its website. We are doing a lot of research and development in it and artificial intelligence,” Slyusarchuk said. “We 5000 – 2023 The companies are U.S.-based,

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Loan Officers Mortgage Development Lending 362

Housing Wire

DECEMBER 7, 2023

Senate have introduced bills in their respective chambers designed to ban hedge funds from participating in the single-family housing market, citing supply and affordability challenges as justification. Jeff Merkley of Oregon introduced the “End Hedge Fund Control of American Homes Act of 2023” to the Senate.

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Housing Market Marketing Investors Design 537

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 378

Housing Wire

MAY 23, 2023

While it’s not as clear how long-lasting the rebound will be, it does still provide some much-needed good news for the spring and summer housing market. in April 2023, according to the National Association of Realtors (NAR). That mild correction has played out, with an emphasis on mild. The national median home price decreased 1.7%

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Housing Market Marketing Retail Sellers 409

Housing Wire

DECEMBER 22, 2023

So, if you’re confused about why the builder stocks are doing well recently, the builders were still showing sales growth in 2023, and now rates have also fallen and the Fed rate hike cycle has ended. Census Bureau and the Department of Housing and Urban Development. months and below, this is an excellent market for builders.

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Mortgage Marketing Construction Inventory 503

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. The uptick in the sales pace resulted in just 439,000 new homes remaining on the market at the end of the month, representing 7.9 months in December.

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Construction Contracts Buyers Development 424

Housing Wire

APRIL 4, 2023

Nominations for HousingWire’s Marketing Leaders award are now open through Friday, April 21, 2023. Putting time and attention into a clear marketing strategy is a crucial for any successful business but can be nearly impossible to tackle in the midst of a busy cycle, particularly in housing.

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Marketing Development Business Clients 330

Housing Wire

JANUARY 2, 2024

2023 is in the rearview mirror — a year of tumult, reduced volume and a wave of industry exits and consolidations. However, the business continued to feel the ongoing impact of RMF’s collapse throughout 2023, and it will likely persist well into the new year.

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Mortgage Government Business Lending 346

Housing Wire

MAY 3, 2024

We’ve been a sellers’ market here for at least the past eight years, but probably closer to 10 or 11.“ On the existing-home market , agents say the lack of inventory is due to a rate-lock effect, as homeowners with mortgage rates at 5% or below are reluctant to give up their rate unless a major life change necessitates a move.

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Inventory Housing Market Marketing Real Estate 297

Housing Wire

JANUARY 12, 2023

Get ready for Gathering of Eagles 2023. Even in a down market, you are finding opportunities for success and development as a housing industry professional. Keep checking back to the Gathering of Eagles 2023 events page to see when we announce the speakers, events and panelists for 2023.

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Real Estate Development Business Marketing 296

Housing Wire

DECEMBER 28, 2022

Amid a declining housing market and volatile economy, mortgage and banking marketers may find themselves in a difficult position. . in Q4 2023. According to IntraFi ’s quarterly survey , bank executives revealed that federal funding rates won’t peak until the first half of 2023 in response to worsening inflation.

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Marketing Mortgage Housing Market Business 443

Housing Wire

SEPTEMBER 27, 2023

After experiencing a temporary hiccup between July 2022 to January 2023, the U.S. housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6

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Housing Market Marketing Inventory Construction 503

Housing Wire

MAY 30, 2024

The securitization was completed on May 15 and marked Point’s second rated securitization and third overall deal in the secondary market, with all securities receiving ratings from Morningstar DBRS. In November 2023, Redwood Trust partnered with Point to close on a $139 million bond secured by 1,577 home equity investment contracts.

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Investing Investors Contracts Insurance 340

Housing Wire

APRIL 27, 2023

Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms’ first quarter 2023 earnings with investors Thursday morning. Given the success of our early testing, we expect to deploy it in two markets within the next year.”

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Housing Market Marketing Investors Development 322

Housing Wire

MAY 4, 2023

The 2023 HousingWire Annual agenda is here. This year’s HW Annual main stage agenda will once again include the Marketing Leaders Success Summit , Women of Influence Forum and Vanguard Forum. HousingWire Annual 2023 is the one event where you can expect to network with executives from all across the housing ecosystem.

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