Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In fact, it was the skills I developed selling loans that helped develop my ability to influence policy leaders and others in industry during my time as Federal Housing Commissioner and as CEO of the Mortgage Bankers Association.

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Housing Wire

APRIL 20, 2022

But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless. Brokerages Invest in Tech.

Real Estate Agent 411

Real Estate Agent Real Estate Agents Brokerage 411

Housing Wire

SEPTEMBER 14, 2022

Financial advisory firm Mortgage Capital Trading (MCT) notes that the strong inflation numbers released yesterday , September 13, make it likely that the Federal Reserve will be more aggressive in its next round of rate hikes. “A Philadelphia — Homebuilders reported that contract signings for new homes continued to fall modestly.

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The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. See below why we feel Ohio land for sale market is still ripe for growth.

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Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. In fact, mortgage demand rose as interest rates fell following October’s slowdown of inflation growth.

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Will Springer Realtor

JULY 13, 2023

The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” The ongoing decline in residential lending has been fueled by higher mortgage interest rates and consumer price inflation. >> Seattle is rated the 11 th -best place to raise a family in the U.S.,

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Will Springer Realtor

MARCH 14, 2022

The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel. Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. Most home buyers focus on the direction of interest rates.

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Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Four other residences have traded hands this year and two more are under contract for sale. Why the desire to leave?

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Will Springer Realtor

NOVEMBER 10, 2023

Knowingly or not, associations can discriminate against potential home buyers by enforcing a community’s established rules that have the potential to limit people of certain classifications from purchasing a property. It’s working well for both builders and buyers. Buyers must qualify for the mortgage at the highest rate in the offer.

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Will Springer Realtor

NOVEMBER 12, 2021

However, a new Pew study finds a shift in home preferences with more consumers saying they want a larger home, even if it means local amenities are further away, as this chart shows: SUPPLY-CHAIN DISRUPTIONS. There is a mini power surge of buyers wanting to purchase before rates go higher,” Lennox Scott, CEO of John L.

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Will Springer Realtor

JANUARY 7, 2022

After a cooling off period to enjoy the holidays and avoid severe weather, buyers were back on the prowl for a new home as sellers prepped their properties for the seasonal rush. Buyers will continue to outstrip sellers but with slightly less intensity than in recent years. The biggest variable is Covid.

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