Housing Wire

APRIL 7, 2023

Given Friday’s job report , those who have been concerned with entrenched 1970s inflation — which would lead to double-digit mortgage rates — can put their disco shoes back in the closet. And even with sub-4% unemployment rates for some time, the annualized three-month wage growth average is 3.2%. percent, the U.S.

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Housing Market Marketing Mortgage Retail 483

Housing Wire

DECEMBER 23, 2022

This article is part of our 2022-23 Housing Market Forecast series. The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. The run-up in home prices was driven by rock-bottom mortgage rates and pandemic-fueled demand.

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Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

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Inventory Housing Market Marketing Mortgage 438

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%

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Housing Market Marketing Inventory Mortgage 539

Housing Wire

JANUARY 27, 2022

I love these times in the market and the San Francisco 49ers are making an epic run in the playoffs, so what else can a person ask for? I retired in 2020 from the mortgage business after 24 years, so I understand how some people who were floating their rate lock might not feel this way. Current conditions don’t support this.”

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Mortgage Marketing Inventory Housing Market 370

Housing Wire

OCTOBER 31, 2022

The Federal Reserve will hold another meeting this week, where everyone assumes we will get another 75 bps rate hike. The question is: how many more rate hikes are left? And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good?

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Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates.

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Housing Market Marketing Inventory Mortgage 376

Housing Wire

APRIL 10, 2023

HousingWire recently spoke with Dustin Gray, CEO of Milestones Labs , about the importance of the borrower relationship and how Milestones Labs helps mortgage providers build lasting relationships with their borrowers. Home prices and interest rates are high, and most Americans are financially stretched thin.

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Home Value Technology Clients Advertising 395

Housing Wire

MARCH 16, 2022

On Wednesday the Federal Reserve hiked interest rates 0.25%, which has forced me to raise my second recession red flag on this historic economic recovery and expansion. Job gains have been strong in recent months, and the unemployment rate has declined substantially. The implications for the U.S.

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Housing Market Mortgage Marketing Inventory 432

Housing Wire

DECEMBER 30, 2021

This article is part of our HousingWire 2022 forecast series. All signs point to continuing upward pressure on interest rates in 2022. To address those pressures, the Federal Reserve has signaled it will pursue monetary policy that pushes interest rates up modestly over the course of the next year. by the end of 2022.”.

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Marketing Supply Chain Housing Market Mortgage 425

Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates?

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Marketing Mortgage Supply Chain Inventory 449

Housing Wire

FEBRUARY 8, 2021

Not the forbearance plans themselves, which allowed mortgage holders to delay their payments for many months, but the fact that 2.72 This growth is 1% higher than the peak of what I forecasted for 2021, up until March 18. Demographics plus low mortgage rates serve as the one-two punch that knocked out COVID-19.

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Housing Market Marketing Government Real Estate Agent 544

Housing Wire

NOVEMBER 29, 2021

Who is crazy enough to write an American economic recovery model on April 7, 2020, and try to explain to people why housing isn’t going to crash due to demographics, good credit profiles and low mortgage rates? So, what was always going to happen was that housing data would moderate.

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Inventory Contracts Training Investors 527

Housing Wire

NOVEMBER 19, 2021

The Consumer Financial Protection Bureau (CFPB) is launching a voluntary review of its mortgage data collection — a key tool in bringing redlining cases — to assess its effectiveness in detecting discrimination. The agency also uses HMDA data to identify and call attention to systemic issues in mortgage lending.

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Lending Modernization Tools Mortgage 311

Housing Wire

FEBRUARY 21, 2023

Jay Farner likes to tell a story about his early days at Rock Financial , which would become Quicken Loans and eventually Rocket Mortgage. It was 1996 and Dan Gilbert , the founder and CEO, announced that the company’s mortgage bankers weren’t going to meet with applicants face to face. With the Feb.

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D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? This significant increase came about due to the unprecedented combination of: All time low mortgage rates. This significant increase came about due to the unprecedented combination of: All time low mortgage rates.

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Real Estate Marketing Inventory Housing Market 105

Housing Wire

NOVEMBER 5, 2020

Now, you’re likely asking yourself, Why am I reading about squirrels in a marketing article? Right now, if you’re a lender, LO, broker, tech company…or simply in the mortgage industry, you’ve likely been reveling in the refi, low-rate bounty that has suddenly come your way. A mortgage in the two ticket…Wow.

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McKissock

NOVEMBER 2, 2021

In fact, according to a recent article from CNBC , the advancement of artificial intelligence within the real estate industry may actually be a “game-changer” for real estate agents, too — which is likely to lead to higher client satisfaction. The result: less waiting time for the client and a higher level of accuracy.

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Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. That’s what makes midcentury architecture so appealing: It brings the outside in.” Therefore, the appraisal industry must begin to push back.

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Appraisal Contracts Real Estate Architecture 74

Appraisal Today

FEBRUARY 23, 2024

The ideal is to compare areas with similar prices, but even if the price point is a bit different, it can be valuable to see what is happening in a different nearby neighborhood. I don’t think that you are allowed to dig out and do what they did to create the moat surrounding the home.” “I Excerpts: 8 bedrooms, 7.5+

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Eppraisal

MARCH 31, 2023

With today's home values being high and mortgage rates on the rise, many home buyers are finding it more difficult to purchase a home. Further, in the spirit of keeping their home values up, it is important to prioritize those "wants" in regards to what will bring them the most value in the future.

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Housing Wire

JANUARY 26, 2022

What I believe occurred is that some housing investors took the decline in builders confidence and the increase in monthly supply to push that something bad was going to occur quickly. Now that 2021 is wrapped up, we can see this is what happened and I believe that was misread by some people. months at the current sales rate.

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Construction Marketing Mortgage Sellers 416

Housing Wire

MARCH 12, 2024

So, what should we take away from this number, seeing that market participants are still worried about 1970s inflation and some don’t want to see any rate cuts this year? But what about the 1970s inflation that led to 18% mortgage rates in the early 1980s? What about a supply shock? Why is this key?

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Mortgage Supply Chain Investors Government 486

Appraisal Today

AUGUST 18, 2023

The company boasts a 99% accuracy rate as well as powerful voice editing capabilities. The Appraisal Update Podcast 8.16.23 – MLS Cyberattack (SPECIAL REPORT) Video 18 minutes Goes through URAR form and USPAP plus many ideas on what to do. What if your MLS is okay? There may be more information now. Data is available.

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Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. The housing market is one sector that can turn positive or negative very quickly depending on mortgage rates or one-time shocks like we saw with COVID-19. Bond market and mortgage rates.

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Housing Market Marketing Inventory Mortgage 480

Appraisal Today

NOVEMBER 3, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Investigation of desktop appraisals, economic analysis, Bias, hybrid appraisals, unusual homes, mortgage origination stats, etc. By Claudia GaglioneIf these articles helped you understand Hybrids and PDCs and what they mean for you, it is worth the subscription price!

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Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. What did I get wrong? Home price s.

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Housing Market Marketing Inventory New Listings 535

Appraisal Today

AUGUST 5, 2022

My comments : The big push to cut down on appraisal turn times because of the appraisal shortage is Very Old News since mortgage volume has plummeted. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, unusual homes, mortgage origination stats, etc.

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Housing Wire

JANUARY 12, 2022

Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently. Mortgage demand needs to slow down. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020.

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Inventory Mortgage Housing Market Marketing 536

Cleveland Appraisal Blog

MAY 9, 2024

According to the article below, “Nearly 70% of adults reported reduced stress and anxiety after playing pickleball, and 64% called the sport “uplifting,” according to a report by Carewell. Let’s get do what’s happening with housing stats in Northeast Ohio. 4% higher last month than a year ago.

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Inventory Appraisal Real Property Property Appraisal 344

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

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Housing Market Inventory Mortgage Marketing 542

Appraisal Today

JUNE 10, 2022

Easy — we do what we have always done, each time. What was your business like before the pandemic? The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==.

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Appraisal Contracts Business Mortgage 52

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? We have done a very poor job of telling the general public what we do and that we are are objective and unbiased. We need a good Appraiser PR Campaign! per month, $24.75

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Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

MAY 26, 2022

As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%. What is going on here? What about the builders?

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Inventory Housing Market Construction Marketing 501

Housing Wire

DECEMBER 31, 2021

This article is part of our HousingWire 2022 forecast series. At the onset of the Coronavirus pandemic, the mortgage industry was preparing for absolute disaster. Mortgage executives held emergency meetings with their creditors over worst-case scenarios. Those higher rates will force lenders to make major operational changes.

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Marketing Law Government Mortgage 419

Housing Wire

NOVEMBER 22, 2021

This means with only two more reports left so far in 2021 every single existing home sales print has been higher than the total closing level of 5.64 Mother demographics and low mortgage rates can crush a lot of American bear’s hearts as they did in 2020 and 2021. million or higher. million in 2020.

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Houston Properties

JANUARY 13, 2021

Since the COVID-19 lockdown, homes have a higher “intrinsic value” to people as they spend more time in their abode (implying that many families will allocate a higher percentage of their total net worth to making their home their haven). What To Do As A Homeowner? In addition, mortgage rates are at an all-time low.

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Housing Market Marketing Real Estate Realtors 68