Housing Wire

NOVEMBER 1, 2023

Barton also told listeners that Zillow believes complete disruption to the existence of buyer’s agents is improbable, as the firm believes it is important for buyers to have someone looking after their interests in the homebuyer transaction. However, if buyer’s agency does disappear, Zillow is considering models where the U.S.

Real Estate 440

Real Estate Advertising Agents Realtors 440

Housing Wire

MARCH 7, 2024

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” Warden said the largest buyers of triple AAA, or top-rated, RMBS are generally the large money managers. Almost all of them are participating,” he added. Craft cautions, however, that the U.S.

Investors 374

Investors Government Mortgage Investing 374

Housing Wire

FEBRUARY 9, 2022

This did ring some alarm bells last year as many housing crash addicts used the results of Fannie Mae’s Home Purchase Sentiment Index to call for an epic crash in the second half of 2021. One thing is certain: potential buyers of all ages are not happy about the current market conditions. So what is going on here?

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

This did ring some alarm bells last year as many housing crash addicts used the results of Fannie Mae’s Home Purchase Sentiment Index to call for an epic crash in the second half of 2021. One thing is certain: potential buyers of all ages are not happy about the current market conditions. So what is going on here?

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

JUNE 8, 2022

I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. . A short history of the housing crash narrative.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

DECEMBER 26, 2023

If you compress the commissions on the buyer side by some amount it would have an effect on the overall commission pot and that would hurt the large publicly traded companies because that would be akin to just having a drawdown in volumes overall, which we’ve seen what that does to margins and profits and it hurts,” Paolone said. “If

Brokerage 427

Brokerage Mortgage Agents Bracketing 427

Housing Wire

DECEMBER 3, 2020

I work with first-time buyers throughout the county, and the majority of my clients are military and using their VA loans, so they don’t have a lot of liquidity,” said Alanna Strei, a California-based Realtor who said she has a “backlog” of first-time buyers looking to get into a home.

Property Taxes 328

Property Taxes Realtors Law Inventory 328

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics. higher than January 2023.

New Listings 54

New Listings Buyers Inventory Lending 54

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. That was highlighted by a 30% month-to-month gain in total home sales (single-family, townhome and condos combined) across the county in March and unseasonably low supply for buyers. and end next year at about 6.0%.

Marketing 60

Marketing Inventory Buyers Sellers 60

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. million — once that happens, I can take the unhealthy label off the housing market.

Housing Market 393

Housing Market Marketing Inventory Lending 393

Will Springer Realtor

JANUARY 23, 2024

Headlines aside, many prospective buyers have explained to me that they want to leap to homeownership but are waiting for prices and/or mortgage rates to come down. Yes, that’s the affordability challenge – meeting buyers in their happy spot as they manage budget responsibilities every month. This is useful but overly simplified.

Buyers 44

Buyers Landlords Mortgage Real Estate 44

Will Springer Realtor

MAY 14, 2024

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons. This is based on all homes on the market – single-family, townhome and condo – combined.

Marketing 36

Marketing Inventory Buyers Sellers 36

Housing Wire

DECEMBER 11, 2023

The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. Buyers want to know that they will be able to get a low mortgage rate when they lock in a rate.

Mortgage 450

Mortgage Buyers Inventory Technology 450

Housing Wire

MARCH 8, 2024

Consumer sentiment toward housing inched higher for a third consecutive month as respondents feel increasingly optimistic about home selling conditions. housing market and consumer confidence to buy or sell a home, rose 2.1 trillion in 2025, up from $1.50 points in February to 72.8. The full index is up 14.8

Housing Market 469

Housing Market Development Mortgage Buyers 469

Housing Wire

FEBRUARY 27, 2024

In a dreadful housing market, Redfin got more efficient in the fourth quarter, again improving gross margins and operating margins, even as we laid the foundation for meaningful long-term growth,” Redfin CEO Glenn Kelman said in a statement. We expect these projects to pay off throughout 2024 and 2025.”

Brokerage 355

Brokerage Housing Market Renovations Real Estate 355

Housing Wire

AUGUST 25, 2022

It comes at a time in which the housing market favors buyers and seller concessions become more frequent. The new products complement UWM’s “Game On” initiative , a cut-rate pricing strategy devised to grow market share with purchase buyers.

Mortgage 391

Mortgage Loan Officers Finance Investors 391

Housing Wire

SEPTEMBER 21, 2023

The housing market will remain subdued until the Federal Reserve starts cutting rates next year, according to economists and housing pros following the central bank’s Wednesday announcement to leave the benchmark rate unchanged in the target range of 5.25%-5.5%. in 2024 and 5.1% Fed officials expect interest rates to be at 5.1%

Real Estate 392

Real Estate Mortgage Buyers Inventory 392

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. Housing inventory climbed late in the year as mortgage rates rose. Rates are falling now and if that continues, buyers will jump and inventory will fall well into the first quarter of 2024. We had 37.6%

Sellers 440

Sellers Marketing Inventory Contracts 440

Cornerstone

JUNE 1, 2021

.” Yun said this in response to the high homebuyer demand and rising housing prices we’re currently seeing — which he blamed simply on a shortage of inventory. The housing market right now is actually stable and has been a helpful driver of our economic recovery. Can the market keep up its momentum?

Inventory 52

Inventory Buyers Sellers Investing 52

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. There are 7.4% fewer Pending sales (1734).

Finance 68

Finance Inventory Construction Buyers 68

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. in 2025, indicating four more 25 bps cuts. We don’t expect rates to fall that much in this period and it may not offset rising home prices in hot housing markets.

Inventory 457

Inventory Housing Market Mortgage Law 457

Will Springer Realtor

MARCH 11, 2024

However, in today’s market, the overlooked costs of running a household have taken center stage, demanding attention and strategic planning from homeowners and prospective buyers alike. On the whole, people should continue to buy and sell when they need and not based on who is in the White House come 2025.

Insurance 36

Insurance Sellers Real Estate Buyers 36

Appraisal Today

JANUARY 26, 2024

To see the Listing with 49 photos, Click Here == The housing market has ’80s vibes January 23, 2024 By Ryan Lundquist Excerpts: The housing market has ’80s vibes. The ’90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. The Best Time!! = Jan 8, 2024.

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Housing Wire

JUNE 13, 2023

Add Guild Mortgage to the list of lenders offering down payment assistance programs in order to court more buyers at a time when mortgage rates remain elevated. To qualify for the 1% down payment advantage program, buyers must have a minimum credit score of 620 and a 95 to 97% loan-to-value first mortgage.

Buyers 399

Buyers Retail Mortgage Insurance 399

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. At the same time, the percentage of first-time buyers in the U.S.

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. in the first half of 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons.

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.” If people got rates of 7% and 7.5%

Mortgage 441

Mortgage Loan Officers Inventory Business 441

Housing Wire

MARCH 18, 2024

Although I don’t have any capacity to predict interest rates, I do know what happens to the housing market if rates rise or fall from here. Lower rates mean more buyer competition and less unsold inventory. New listings Last week, 59,000 new single-family listings came to market. right now is $435,000.

Inventory 408

Inventory New Listings Sellers Contracts 408

Appraisal Today

OCTOBER 6, 2023

2024-2025 USPAP 7-Hour Update Course is being approved or is approved, in the states. The market area that the property is located in can definitely support the price but does the price truly reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay?

Appraisal 78

Appraisal Contracts Real Estate Mortgage 78

Housing Wire

MARCH 25, 2024

Specifically, when housing inventory is 25% greater than a year ago, the supply/demand balance is obviously very different than it has been. So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. But the sales rate is climbing.

New Listings 490

New Listings Inventory Contracts Sellers 490

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. But since January, home buyers have defied all expectations. Sellers have not materialized, and buyers have been buying everything that becomes available.

Real Estate 310

Real Estate Marketing Inventory Contracts 310

Housing Wire

JULY 19, 2023

The dour housing market over the past 18 months has thrust struggling independent mortgage lenders (IMBs) into what seems like a pot of water that is coming slowly to a boil. As the heat rises, so too does the number of lenders seeking to exit the market. Hale added that at this time, “buyers have the upper hand.” “I

Mortgage 369

Mortgage Marketing Buyers Lending 369

Appraisal Today

JUNE 10, 2022

Hot housing market not a bubble, economists say. Excerpts: As home prices continue to break growth records, a panel of housing experts and economists surveyed by Zillow® does not believe the market is in a bubble. recession to begin in 2023, which gathered more votes than 2022 (30%), 2024 (8%) or 2025 and beyond (17%).

Appraisal 52

Appraisal Contracts Business Mortgage 52

Housing Wire

JUNE 8, 2023

trillion limit until January 2025 and cap government spending. Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit said high rates, low inventory and economic uncertainty resulted in a slow housing market at the start of 2023 summer. It alleviated some pressure on mortgage rates, which declined over the past week.

Mortgage 387

Mortgage Investors Inventory Housing Market 387

Housing Wire

AUGUST 3, 2023

That’s because existing homeowners are “disincentivized to list their homes due to not wanting to give up a mortgage rate much lower than current market rates [and this] continues to suppress the number of existing-home listings,” Fout said. “We million units per the National Low Income Housing Coalition.

Construction 369

Construction Development Finance Mortgage 369