Housing Wire

SEPTEMBER 22, 2022

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million in August.” million to 1.28

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Housing Wire

MAY 23, 2023

This new development is being propelled by an alleged Fannie Mae “request” that, according to industry sources, was made recently of several lenders active as buyers in M&A deals. The seller continues to have an obligation to manage their company that they still own after an asset deal,” one industry source explained.

Buyers 397

Buyers Sellers Finance Contracts 397

Housing Wire

FEBRUARY 15, 2024

But the good news is, more buyers have become aware of down payment assistance (DPA) options and are tapping into available resources for help, said Susanne Saller, a senior consultant at Caliber Home Loans. The DPA share in FHA’s total book of business, including refinances, was 27% as of October 2023.

Mortgage 450

Mortgage Buyers Loan Officers Sellers 450

Housing Wire

MARCH 15, 2023

“While lower rates should buoy housing demand, the financial market volatility may cause buyers to pause their decisions.” Mauro Guzzo, founder and executive chairman at brokerage firm Guzzo & Co, said he has not seen lenders further tightening lending conditions since last week.

Mortgage 370

Mortgage Clients Retail Marketing 370

Housing Wire

MAY 2, 2024

Ben Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized credit, said that during the past year, nonqualified mortgage (non-QM) AAA bond spreads have actually contracted from 155 to 135, while agency mortgage-backed securities (MBS) spreads have widened from about 118 to 134 over the same period.

Marketing 432

Marketing Mortgage Investors Sellers 432

Housing Wire

AUGUST 14, 2023

This momentous shift dismantled the barriers that once confined inventory to cumbersome books where practitioners were no longer at the mercy of brokers who held real estate data hostage for their own advantage. According to a 2001 NAR survey , only 69% of buyers used the services of a real estate agent.

Real Estate 370

Real Estate Real Estate Agent Marketing Technology 370

Housing Wire

APRIL 7, 2023

compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. While e-commerce first emerged in 1979, it erupted with the introduction of Book Stacks Unlimited, an online bookstore created by Charles Stack in 1992.

Retail 397

Retail Real Estate Clients Modernization 397

McKissock

JULY 6, 2022

In fact, most clients now believe a buyer should be able to identify one of three home options, negotiate a favorable sales price, and close on that property in half an hour just like they do on TV! I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing.

Clients 87

Clients Real Estate Contracts Sellers 87

GoForrmz

OCTOBER 26, 2022

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. From ordering food to booking a ride, we can do just about anything at our fingertips. Buyers and sellers can be in completely different parts of the world and still access their contracts at any time!

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Appraisal Today

MAY 17, 2024

By Tony Pistilli Excerpts: I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the pages of each book. Each month there was a new book, but every 6 months, there was a combined book with the last 6 months of sales in one bound and printed book.

Tools 66

Tools Appraisal Renovations Design 66

Housing Wire

SEPTEMBER 14, 2022

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. The prior Beige Book report , released in July, was based on information collected on or before July 13.

Construction 370

Construction Real Estate Inventory Supply Chain 370

Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. Why you need this book Have you ever had to appraise a home with “no comps”? A home modified for handicapped access?

Appraisal 89

Appraisal Real Estate Valuation Contracts 89

Housing Wire

DECEMBER 7, 2023

Exam Prep: The Basic Prelicensing package features three e-books and a course manual designed to help you retain essential real estate concepts and prepare for the state exam. Audio book, eBook, 1100+ practice questions, 24/7 on demand classes & Livestream online classes. 25 hrs livestream access. 40 hrs livestream access.

Real Estate 409

Real Estate Real Estate Agent Law Brokerage 409

Hank Miller Team

DECEMBER 14, 2022

Books have been written about it, master classes offered and expressions like “he could sell ice to an Eskimo” coined. Home buyers and home sellers dabble in the “persuasion” arena during the purchase process as they roll through the deal. They tend to aspirationally price, hoping to get the listing and then to find a willing buyer.

Appraisal 52

Appraisal Real Estate Agent Contracts Agents 52

Housing Wire

MARCH 26, 2023

With this new variable, I am looking at the economic data differently to see whether we get the credit contraction the Fed wants to see to stop inflation, or if they have the tools to keep the banking crisis at bay so the economy can expand, making their fight against inflation harder. What happened last year will go into the record books.

Inventory 450

Inventory Housing Market Marketing Mortgage 450

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 421

Inventory Housing Market Marketing Construction 421

Miller Samuel

JUNE 28, 2020

I still have my old monthly MLS books and remember logging on to the MLS from one ancient (even then) terminal in the office - talk about delayed market information! When a potential home buyer looks at a listing on a public-facing web site, they look at DOM as one way to determine whether the listing price is reasonable.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

Housing Market 370

Housing Market Marketing Construction Inventory 370

Cleveland Appraisal Blog

JUNE 17, 2022

The difference between what buyers are likely to pay for those improvements and the cost to replace them, less the land, is the depreciated cost of the improvements. Books have been written on the subject. Buyers gaining power & farewell real estate honeymoon – Sacramento Appraisal Blog.

Appraisal 279

Appraisal Development Market Value Tenants 279

Housing Wire

FEBRUARY 22, 2023

“They’re probably not going to lose nearly as much money as they thought coming into the new year in terms of where they valued [those loans] on their books at the end of Q4, so it’s an unambiguous positive for them. Over the same period in 2022, KBRA tracked a total of 31 PLS deals valued at $16.7.

Marketing 370

Marketing Finance Mortgage Lending 370

Listing Spark

JUNE 13, 2024

Benefits of FSBO Cost Savings : Avoid the traditional 6% commission fee, often split between buyer and seller agents. Direct Interaction : Engaging directly with buyers can streamline communication and shorten the selling process. Buyers in this state are often looking for homes with modern updates and well-maintained properties.

Realtors 36

Realtors Open Houses Legal Real Estate Agent 36

Housing Wire

MARCH 21, 2022

Know thy buyer (or seller). If “know thyself” is sage advice, then “know thy buyer” is just as important to owners seeking the highest multiple possible in selling their firms. Each potential buyer has different priorities, different ways of evaluating a potential purchase and different motivation. Review service contracts.

Business 370

Business Sellers Buyers Valuation 370

Housing Wire

APRIL 3, 2023

This meant slowing growth or contraction at a lot of previously high-flying proptech companies. million, respectively, in 2022, and were stuck with hundreds of homes on its books. And that still is a challenge in some markets, but the biggest challenge for most buyers has changed,” Garg said. billion and $148.6

Brokerage 396

Brokerage Real Estate Housing Market Business 396

McKissock

NOVEMBER 2, 2020

As potential buyers search for properties, they are making quick decisions, and it is essential that those first impressions are good ones,” she adds. Today’s buyer expects to browse through many well-done photos before deciding which house to view. That can often mean hiring decorators and stagers as well.

Real Estate 81

Real Estate Technology Business Clients 81

Appraisal Today

MARCH 8, 2024

This outlook implies that 30-year mortgage rates will climb further to around 6.8% – exacerbating affordability headwinds for the housing market, especially for prospective first-time home buyers. Fowler extolls the merits of octagonal structures over traditional square or rectangular dwellings in his book. Excerpts: Paul J.

Appraisal 85

Appraisal Contracts Real Estate Housing Market 85

Will Springer Realtor

JULY 20, 2021

Gone are the days of buyers and sellers walking into a real estate office to pore over books filled with the latest MLS listings, review typed contracts in triplicate and take in the smell of singed facsimile paper in the air. What’s a Rolodex?! For instance, John L. Concerned the hot-water heater may be on its last leg?

Real Estate 36

Real Estate Sellers Contracts Buyers 36

Appraisal Today

APRIL 5, 2024

Listen to motivational recordings or read a book on it. I got many strange looks from appraisers when I asked which motivational books or recordings they liked. to 7% range for mortgage rates and anticipated fluctuations will significantly impact buyer affordability and demand. Avoid pessimistic people. They really help.

Appraisal 79

Appraisal Contracts Business Construction 79

Housing Wire

APRIL 14, 2022

trillion and, so far, it is continuing to replace maturing assets in that portfolio as they run off the books. The soaring federal deficit requires even more buyers of bonds, and some government bond sales may make it more difficult to issue MBS securities, unless with higher interest rates.”. That’s about to end, however.

Marketing 410

Marketing Investors Government Investing 410

Listing Spark

OCTOBER 9, 2023

By taking on the responsibilities typically handled by an agent, FSBO sellers can negotiate directly with potential buyers, set their own prices, and oversee all aspects of the transaction. You set the price, decide how to market your home, and negotiate directly with buyers. Buyers appreciate proactive and attentive sellers.

Real Estate Agent 36

Real Estate Agent Legal Real Estate Agents 36

D Fritz Appraisals

AUGUST 12, 2019

Upon acceptance of your offer, the next steps are usually: home inspection – a voluntary third-party service ordered by the buyer, and. home appraisal – an often mandatory step the buyer’s lender insists on. They both happen prior to the sale of a home and are often both added as subjects on a contract.

Inspection 94

Inspection Appraisal Real Estate Property Appraisal 94

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. If you already have a PSI account, you can log in to begin the booking process and schedule your test.

Real Estate 431

Real Estate Real Estate Agent Brokerage Agents 431

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. The number of potential buyers will decrease as rates go up in many markets. USPAP and the Contract. Some appraisers do not like having a copy of the contract.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Housing Wire

NOVEMBER 30, 2023

Online, self-paced package includes 3 Study e-Books & access to Buffini & Co’s career advice via coaching videos Pros + Cons Pros: Self-paced options for busy students Next-gen student dashboard for tracking progress Exam Prep packages with unlimited practice tests Cons: Online and livestream classes cannot be mixed and matched.

Real Estate 421

Real Estate Realtors Real Estate Agent Law 421

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

Contracts 52

Contracts Appraisal HOA Architecture 52

Lamacchia Realty

SEPTEMBER 7, 2022

To do this, you’ll want to book travel arrangements early: flights, cross-country drives, trains, pet travel arrangements, etc. Make sure to look at the various insurance options from the moving companies and look over any written contracts before signing. Buyer Resources. Make Your Travel Arrangements. Additional Resources.

Realty 59

Realty Real Estate Agent Insurance Realtors 59

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. The Beige Book. So, home sales have really gotten completely hammered,” Zandi said.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Housing Wire

OCTOBER 17, 2023

Buyer and seller-specific landing pages: You’ll want a site that offers visitor-specific content pages. For example, buyers will want to browse listings while home sellers visiting your site will appreciate your free home valuations. For example, if listings are scarce, you can filter for listing leads over buyer leads.

Real Estate 450

Real Estate Real Estate Agent Agents Tools 450