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ARMs race: adjustable-rate mortgages make a comeback

Housing Wire

In a tight housing market with a shortage of inventory and soaring rates, many homebuyers are opting for ARMs, which carry lower rates for an initial period of fixed interest and amortize over a 30-year term. . For the next six months, we expect ARMs to have some popularity,” said Johnson.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Since rural markets commonly present appraisal challenges that are significantly less prevalent in urban markets, lack of underwriter familiarity with rural markets contributes to elevated first pass and overall appraisal denials. I refer to this approach as high-level bracketing. By extension, 80.7% Underwriting Training.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Since rural markets commonly present appraisal challenges that are significantly less prevalent in urban markets, lack of underwriter familiarity with rural markets contributes to elevated first pass and overall appraisal denials. I refer to this approach as high-level bracketing. By extension, 80.7% Underwriting Training.

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Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023.

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The art (and the importance) of pricing your home to sell

Cornerstone

The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Even with such limited inventory, it’s likely your home will sit on the market or eventually need a price reduction (a red flag for buyers) if you don’t price it right from the start. Ready to sell? Showings are up 63.5

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. We use data to create custom solutions for our clients, present this to them, and have candid conversations on what they should do given the situation. So, what did they do?

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March 2022 South Florida Housing Report

Lamacchia Realty

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for March 2022 compared to March 2021. South Florida Inventory. See the red line in the chart above.