Housing Wire

JANUARY 21, 2021

Remarkably, most industry experts believe construction rates will climb even higher in 2021. “We expect single-family construction to move up 9% in 2021 — a much-needed relief valve for homebuyers,” said Danielle Hale, chief economist at Realtor.com. “The worst of the housing shortage could soon come to an end.”

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Construction Loan Officers Realtors Buyers 542

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans.

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Mortgage Real Estate Agent Renovations Finance 462

Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. San Diego, California. I sold a home to a hedge fund guy in New York.

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Housing Market Marketing Real Estate Agent Agents 319

Housing Wire

SEPTEMBER 22, 2023

But somebody has to replace the Fed, and the Fed is not an economic buyer. So they are a policy buyer. They may require wider spreads than the Fed because the Fed is not an economic buyer. The servicing side of the business is doing very well because those loans are simply not going to prepay for a long time.

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Housing Market Marketing Buyers Investors 414

Housing Wire

DECEMBER 15, 2021

Housing inventory remains persistently low, home prices are at all-time highs and affordability is becoming out of reach for more people with every passing day. Bill Dallas: As construction and labor costs have climbed, so, too, have home prices. Loan officers and brokers need to reconnect with past clients and show their value.

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Finance Construction Law Inventory 329

Housing Wire

APRIL 13, 2022

Housing costs, particularly at the bottom of the market, have skyrocketed with a limited supply of housing and a severe shortage of construction workers. Increasing the supply of legal immigrant construction workers would accelerate economic growth. While home inventories remain low, the prospects for first-time buyers diminish.

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Insurance Construction Government Lending 363

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. That is also the case for Chris Gallo, senior loan officer at NJ Lenders Corp. After dropping from $1.2

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Business Loan Officers Clients Inventory 361

Housing Wire

DECEMBER 31, 2021

One of the ways that lenders “manage expenses” has historically been by laying off processors and loan officers. Industry experts also predict that home inventory will increase in 2022, creating more options for borrowers. Bank Home Mortgage , said at the MBA Annual convention.

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Marketing Law Government Mortgage 412

Cleveland Appraisal Blog

MARCH 30, 2021

TODAY’S HOME BUYERS ARE LIKE THE CARP. There is a lot of demand out there, with very little inventory. This year, it appears that buyer panic is even worse than last year. It may be due to inventory levels continuing to drop. But buyers should think seriously about how much they are willing to spend right now. .

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Housing Market Marketing Reconsideration of Value Contracts 367

Assurance Financial

APRIL 15, 2024

More and more buyers are choosing Atlanta for a few key reasons — the robust housing market offers a dependable and secure entry point into the city’s many lifestyle and economic opportunities. Atlanta is a thriving city in the northwestern corner of Georgia and one of the most affordable major cities in the United States.

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Logistics Housing Market Investing Loan Officers 36

Cornerstone

JANUARY 19, 2021

Mortgage rates are expected to stay low, and increased buyer demand is anticipated to spur more home sales and keep driving up housing prices. With such a competitive market, it’s smart to reach out to a local loan officer, prequalify early, and prepare to buy. Is there a Cornerstone office near you? We hear you.

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Construction Housing Market Loan Officers Mortgage 61

Cornerstone

APRIL 23, 2021

The National Association of REALTORS® (NAR) confirmed that the nationwide inventory of available houses recently fell to its all-time lowest point since NAR started measuring this metric nearly 40 years ago. Where to find a house: 3 solid options for new inventory. New houses are being constructed.

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Construction Sellers Inventory Loan Officers 39

Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. But whether the Woodstock, CT, chateau actually finds its next ruler, remains to be seen.

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Appraisal Contracts Business Construction 80

Appraisal Today

OCTOBER 21, 2022

Inventory levels. The vault is constructed with 4-foot-thick, reinforced concrete walls and is plumbed for a fire suppression system. But what will happen in the future when buyers say they paid too much or lenders say the appraisal was too high or not USPAP compliant for appraisals you did in the past? This 7,200 sq.ft.

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Appraisal Marketing Contracts Insurance 52