Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. What to expect from the Federal Open Market Committee meeting next week ? How are mortgage rates affecting the housing market ?

Mortgage 420

Mortgage Inventory Buyers Investors 420

Housing Wire

MAY 3, 2022

The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. We expect this additional capital to accelerate our growth as we help cash-constrained homeowners and home buyers build financial stability and achieve their financial dreams,” Lim said.

Contracts 396

Contracts Investors Investing Market Value 396

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. trillion and to nearly $9.3

Marketing 355

Marketing Investing Mortgage Investors 355

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

MARCH 8, 2023

In addition, loan officers said that investors took advantage of a slower market. ” Who is jumping into the market? Investor demand tends to increase at times when most borrowers are waiting for rates to decline, Justin Fullmer, area manager in Idaho for Future Mortgage , told HousingWire. from the week prior.

Mortgage 360

Mortgage Loan Officers Investors Government 360

Housing Wire

DECEMBER 16, 2022

The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise.

Buyers 465

Buyers Realtors Inventory Sellers 465

Housing Wire

MAY 1, 2024

On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential. “In In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” he posited.

Agents 340

Agents Real Estate Contracts Real Estate Agent 340

Housing Wire

JULY 14, 2021

“Treasury yields have trended lower over the past month as investors remained concerned about the COVID-19 variant and slowing economic growth,” Kan said. Overall inventory is still low, of course, but a cooling of the market could lead to more would-be buyers and an increase in mortgage applications soon, experts said.

Mortgage 510

Mortgage Contracts Inventory Investors 510

Housing Wire

APRIL 14, 2022

What happens when the Federal Reserve begins pulling back in a serious way from the mortgage-backed securities (MBS) market that it has helped to prop up through billions of dollars in bond purchases since the start of the pandemic in 2020 — to the point where it now holds a $2.7 You don’t know what investor demand is going to be.

Marketing 376

Marketing Investors Government Investing 376

Housing Wire

DECEMBER 6, 2023

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. Analysts see mortgage companies issuing debt as a sign that market conditions may improve in 2024. The offer is subject to market conditions and other factors. For example, Freedom raised $1.3 In total, $1.8

Contracts 347

Contracts Investing Mortgage Investors 347

Housing Wire

AUGUST 23, 2023

Investors in the bond market were reacting to the government issuing debt while expecting the Federal Reserve to increase rates in September amid persistent inflation,” HousingWire ’s Flávia Furlan Nunes wrote last week. The average contract interest rate for 5/1 ARMs fell to 6.50% from 6.20% a week prior. the week prior.

Mortgage 318

Mortgage Contracts Government Buyers 318

Housing Wire

MARCH 26, 2021

Portland, Maine, has emerged as a popular destination for current homeowners and prospective buyers looking to move out of metro areas into more spacious secondary cities. A balanced market, Davin said, requires five to six months. “It’s a full-on frenzy for buyers to secure a home.”

Housing Market 453

Housing Market Marketing Real Estate Inventory 453

Housing Wire

JUNE 9, 2022

That negatively affected liquidity options in both the loan-trading and securitization markets as higher-rate loans [above 5%] subsequently hit the market. So, when rates are rising, and the market is compressing, non-QM becomes a more vogue product,” Yoon added. Non-QM is a counter cyclical product.

Marketing 357

Marketing Contracts Technology Mortgage 357

Housing Wire

JULY 28, 2021

The 10-year Treasury yield went into free fall last week, as investors grew concerned about the rise in COVID-19 variant cases and the potential economic fallout, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting. . Mortgage applications increased 5.7% from 64.9% the previous week.

Mortgage 382

Mortgage Contracts Finance Investors 382

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Many of his buyers are still waiting for rates to come down before seeking preapproval for a mortgage. economy remains hot.

Loan Officers 382

Loan Officers Mortgage Buyers Inventory 382

Housing Wire

MAY 22, 2023

Being a consultant has helped Keelin retain and grow his client base, especially in his main markets of New Jersey and Florida. Another strategy Keelin advises his team members is to have a diversified portfolio, targeting both first-time buyers and investors. They (investors) are not scared of interest rates. “So

Loan Officers 300

Loan Officers Investors Technology Clients 300

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. Investment homes often take longer to sell because your audience is other investors. If your house is priced too high, it will turn buyers off, but if it’s too low, people may wonder what’s wrong with it. Sell to a Wholesaler.

Real Estate Agent 375

Real Estate Agent Tenants Real Estate Agents 375

Housing Wire

FEBRUARY 22, 2023

The residential mortgage-backed securities (RMBS) market took a beating in 2022, nearly stalling as the year came to an end — on the heels of interest rates jumping more than 3 percentage points over the first half of 2022. As we turn the corner into 2023, however, the landscape so far looks brighter for the RMBS market.

Marketing 309

Marketing Finance Mortgage Lending 309

Hank Miller Team

JULY 18, 2022

Cancel culture invades real estate.The number of canceled home contracts hit a two year high in June 2022. Atlanta is over the national average but well off the leaders at 17th of the sampled markets. Still, 22 of contracts terminating isn't a anything to ignore. Investors - Wall Street is always ahead of the curve.

Contracts 52

Contracts Sellers Buyers Agents 52

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Carlson cited RealTrends Verified data to illustrate how productive RE/MAX agents are. annualized decline in U.S.

Agents 329

Agents Real Estate Training Buyers 329

Housing Wire

FEBRUARY 18, 2022

months of supply; a healthy market generally has between four and six months of supply. Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. That translates to just 1.6 “While the 6.7

Supply Chain 404

Supply Chain Inventory Buyers Contracts 404

McKissock

AUGUST 13, 2021

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. When should we analyze the contract?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Housing Wire

JUNE 24, 2021

Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets. The home is then sold back to the buyer at the same price that it was purchased for.

Sellers 316

Sellers Buyers Investors Inspection 316

Housing Wire

AUGUST 25, 2021

The market composite index moved 1% on an unadjusted basis from the prior week. Treasury yields fell last week, as investors continue to anxiously monitor if the rise in COVID-19 cases in several states starts to dampen economic activity,” said Joel Kan, the MBA’s associate vice president of economic and industry forecasting.

Mortgage 393

Mortgage Contracts Government Inventory 393

Housing Wire

MAY 24, 2023

“Investors remained attuned to the uncertainty around the U.S. “Investors remained attuned to the uncertainty around the U.S. The housing market received positive data on new residential construction – which is seen as a key solution to the lack of housing inventory,” Kan added. Department of the Treasury.

Mortgage 379

Mortgage Inventory Retail Housing Market 379

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. From NAR : “December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates ,” said NAR Chief Economist Lawrence Yun. The days on market were too low.

Inventory 538

Inventory Housing Market New Listings Marketing 538

Housing Wire

MARCH 9, 2022

According to Joel Kan, MBA’s associate vice president of economic and industry forecasting, the “war in Ukraine spurred an investor flight to quality, which pushed U.S. The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) decreased to 4.09% from 4.15% the week prior.

Mortgage 370

Mortgage Investors Retail Contracts 370

Housing Wire

SEPTEMBER 11, 2023

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. HW: What does the current market and demand for REO assets look like? My average days on the market remain low, with multiple offers on most assets.

Inventory 373

Inventory Technology Design Tools 373

Listing Spark

APRIL 22, 2024

As digital innovation continues to reshape the landscape, a new potential savior has risen—real estate software for investors. As executives and investors face the current market’s uncertainties and challenges, the need for innovative, cutting-edge tools is greater than ever.

Real Estate 36

Real Estate Investors Tools Investing 36

Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

Inventory 527

Inventory Contracts Training Investors 527

Housing Wire

DECEMBER 9, 2022

CoStar Group , a provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, cut approximately 100 positions as it announced the integration of Homesnap with its Homes.com brands late last month. . The company, a giant in the housing industry with a market cap of $32.8

Real Estate 319

Real Estate Advertising Real Estate Agent Investors 319

Housing Wire

FEBRUARY 2, 2022

The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) increased to 3.75% from 3.72% the week prior. For jumbo mortgage loans (greater than $647,200), rates climbed to 3.59% from 3.56% the week prior. Presented by: Equifax.

Mortgage 399

Mortgage Contracts Inventory Investors 399

McKissock

SEPTEMBER 5, 2022

In recent years, the real estate industry has noticed some significant trends in the commercial and residential housing markets. We also saw investors purchasing retail properties such as Watters Creek in Texas, Galleria Edina in Minnesota, and Promenade at Carolina Reserve in South Carolina. Free eBook : Is your market hot?

Retail 73

Retail Real Estate Investors Real Estate Agent 73

Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. CMS is going heavy on a rarely used mortgage product to solve this market problem. So why is this program so rare?

Mortgage 365

Mortgage Loan Officers Government Buyers 365

Listing Spark

SEPTEMBER 1, 2023

Real estate investors operate differently than conventional buyers and sellers, especially to get the 26.9% Instead, investor-friendly brokerages are a better fit for your goals. You may hire contractors who can flip a property and make it marketable, not remodelers who want to make it a perfect fit for you.

Investors 36

Investors Brokerage Real Estate Agent Real Estate 36

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8

Mortgage 436

Mortgage Technology Investing Investors 436

Miller Samuel

FEBRUARY 12, 2019

Over the years, I have bantered with the Espinal Adler Team (Marie Espinal and Jeff Adler) at Douglas Elliman Real Estate about the market which has been invaluable for on the ground intel. I hope you find that this apple was fully peeled: Jonathan Miller’s Market Outlook. And, in-turn, when the market falls, it will fall forever.

Marketing 221

Marketing Real Estate Appraisal Sellers 221