Housing Wire

MAY 9, 2022

housing market is more tied to mortgage buyers. Unlike those two cities in Canada, we aren’t as reliant on foreign buyers to such a great extent. Just last month, Canada’s prime minister proposed a two-year ban on some foreign investors buying Canadian real estate to try to tame price growth. In addition, the U.S.

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Buyers Housing Market Mortgage Marketing 529

Housing Wire

MAY 4, 2022

Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. Various mortgage finance innovations facilitated larger loans at the same monthly payment to keep up with growing home values – which is one reason why house prices kept going up.

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Housing Market Finance Marketing Mortgage 381

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. WRRE also will help them buy, finance and insure their next home purchase, with mortgage closing times in as few as eight days, considerably faster than the industry average.

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Brokerage Real Estate Clients Insurance 407

Housing Wire

JUNE 10, 2022

Buyer morale is at an all-time low for good reason. Affordability from a home price/down payment perspective is the worst it’s ever been, meaning extreme barriers to entry,” according to a Bank of America Global Research note published in March. Compared to the average 3.2% A disproportionate impact.

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Real Estate Buyers Mortgage Insurance 392

Housing Wire

FEBRUARY 21, 2023

Jay Farner likes to tell a story about his early days at Rock Financial , which would become Quicken Loans and eventually Rocket Mortgage. It was 1996 and Dan Gilbert , the founder and CEO, announced that the company’s mortgage bankers weren’t going to meet with applicants face to face. With the Feb. 28 earnings call.

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Clients Mortgage Business Home Value 349

Eppraisal

DECEMBER 9, 2021

This past year we have experienced an unprecedented lack of real estate inventory available for sale leaving pent-up buyer demand. Houses are selling in record time and prices have risen at unbelievable rates; homeowners are experiencing nice increases in home values. Sellers should be happy with VA loan buyers.

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Sellers Buyers Home Value Insurance 36

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth. Pay attention to rental inventory, too.

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Marketing Real Estate Agent Real Estate Valuation 69

Robinson Appraisal Group

NOVEMBER 25, 2022

Lower rates typically promote an increase in demand for properties, this in turn drives up pricing, while on the flip side of that, higher interest rates reduce the demand since the costs of a mortgage increase deterring prospective home buyers. As mortgage rates increase, houses become less affordable.

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Real Estate Buyers Investors Home Value 88

Eppraisal

JANUARY 28, 2022

The United States housing market will continue to struggle with a low inventory of homes available for sale in 2022. Long-term mortgage financing is economical. So, if the market begins to drop, there are plenty of first-time homebuyers and buyers looking to upgrade to more expensive and larger homes that will step in.

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Marketing Home Value Real Estate Housing Market 68

Eppraisal

JUNE 7, 2022

It follows that interest rates play a significant role as to whether financing the home value is affordable. According to numbers out of Freddie Mac, a government-backed mortgage investor, rates have inched slightly downward the past week however they remain higher than last year, currently at 5.09

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Mortgage Finance Law Home Value 36

Eppraisal

JANUARY 17, 2023

Real Estate Investors by Default Some homeowners became investors in the years following the 2008 crash because they were underwater when it came to the value of their homes. Home values have increased by double digit percentages year-over-year over the past couple years. National median prices rose 15.7%

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Investing Real Estate Landlords Investors 36

Quicken Loans

DECEMBER 16, 2021

Mortgage rates dropped down to record lows that carried through much of 2021. In addition, home values and sales skyrocketed. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. For anyone interested in buying a home , real estate is still in high demand.

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Housing Market Marketing Inventory Real Estate 78

Eppraisal

FEBRUARY 18, 2022

It follows that interest rates play a significant role as to whether financing the home value is affordable. While local banks can tweak the rates they offer for home loans, this relationship is the primary mover. According to numbers out of Freddie Mac, a government-backed mortgage investor, rates have already inched up from 2.67

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Mortgage Finance Law Home Value 36

PennyMac

SEPTEMBER 6, 2023

Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition. Sell fast If you want to get more equity from your home without putting in a ton of effort, it's possible to just sell it as is.

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Renovations Inspection Sellers Buyers 36

Eppraisal

MARCH 25, 2022

Freddie Mac -- the federally-backed mortgage investor -- reports that mortgage rates dipped from 3.89 This drop actually makes purchases affordable to more buyers, who are already competing in a higher-priced sellers' market. So, the imbalance of buyers to sellers continues to worsen. percent to 3.76

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Supply Chain Real Estate Marketing Sellers 36

Eppraisal

JANUARY 31, 2023

Having identified a parcel of vacant land -- and negotiated a purchase contract with the seller -- the investor in raw land is now at the point where financing becomes the issue.  There However, buyers must consider the cash flow of their business or household while taking an accurate measure of their assets.

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Development Finance Sellers Home Value 36

The Robert Weiler Company

OCTOBER 15, 2021

Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought! As with homes and vehicles, there are pros and cons to buying commercial real estate.

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Investing Real Estate Tenants Investors 138

Eppraisal

SEPTEMBER 22, 2021

According to an article on Bankrate.com, written by Jeff Ostrowski, "Mortgage rates plumbed to new depths in January 2021, setting all-time lows south of 3 percent." There is a record number of buyers on the market to buy homes. Lenders were approving people for mortgage loans that should never have been approved.

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Real Estate Marketing Inventory Home Value 45

Eppraisal

OCTOBER 11, 2021

Home buyers and owners have the challenge of acquiring and managing what will likely be the most expensive asset they will ever own. An intelligent approach to this involves careful monitoring of cash flow and an accurate assessment of home value. These are initial lenders that interface with mortgage applicants.

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Investors Retail Mortgage Home Value 36

Housing Wire

APRIL 28, 2022

The pace of purchase-loan originations as well as transactions in the private-label securities market started to slow by the second quarter of this year as interest rates continued to spike, according to mortgage industry experts. Many of the mortgage loans traded through MAXEX’s platform find their way into PLS transactions. “We

Investors 357

Investors Marketing Investing Inventory 357

Appraisal Buzz

JULY 18, 2022

The average 30-year fixed rate mortgage rate was its lowest ever at 2.65% on December 31, 2021. Fast-forward to today, and that same loan translates into a monthly payment of $1,468 – a 46% increase in monthly mortgage expense! Therefore, it begs the question: what will happen to home values?

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Sellers Marketing Market Value Home Value 435

Housing Wire

DECEMBER 13, 2023

What does this mean for mortgage rates? Mortgage rates should get better. ” Mortgage rates track the yield on 10-year U.S. Treasuries, which move based on anticipation about the Fed’s actions, what the Fed ends up doing and investors’ reactions. When Treasury yields go down, so do mortgage rates.

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Inventory Housing Market Mortgage Law 462

Eppraisal

JUNE 28, 2022

Gas, food and utility bill prices are skyrocketing and mortgage interest rates have almost doubled since their historical lows the last couple years. Many home sellers that have been holding out are now listing their homes for sale in order to catch the still hot seller's real estate market.

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Marketing Real Estate Sellers Inventory 36

Eppraisal

APRIL 21, 2023

WaMu's problems were largely based on the evaporation of the secondary market to which it sold mortgage-backed securities. Skittish investors flock to conservative vehicles like bonds and treasury bills. Meanwhile, mortgage loans, also available for investors to purchase, are sold at lower interest rates to stay competitive.

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Lending Housing Market Marketing Real Estate 28

Eppraisal

SEPTEMBER 24, 2021

The market normally remains strong, and home values rise, through the spring and summer months. Researchers at Freddie Mac have estimated that "the current shortage of homes is close to 3.8 Buyer demand is very high and prices are rising at record-breaking levels. Real estate is cyclical year-over-year. million in 2018."

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Marketing Supply Chain Real Estate Construction 28

Home Junction

APRIL 30, 2020

People who retire want to move out of their homes and relocate. People want second vacation homes (or, they need to unload those second homes). Investors still want to buy rental properties. Data can help buyers and sellers get a clearer picture of what is taking place right now. Instant home value estimator APIs.

Marketing 69

Marketing Real Estate Home Value Agents 69

PennyMac

JANUARY 2, 2024

Keep in mind, though, that you can still potentially increase your home's equity even if you don't fully recoup the cost of certain improvements. Equity is the difference between your home's current market value and the amount you owe on your mortgage. Will You Stay — A Forever Home or Prepping for a Sale?

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication.

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Appraisal Bracketing Contracts Valuation 52

Listing Spark

OCTOBER 13, 2022

Days on the market are up, home prices are down, but it’s not all doom and gloom. What should buyers and sellers be doing right now? In August, the median home value in the greater Austin metropolitan area was $496,000 and that’s up 5%. If you’re an Austin home buyer, there is a lot of good news.

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Housing Market Real Estate Marketing Buyers 36

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. REO properties are attractive to homebuyers or real estate investors for several reasons. Foreclosure.

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Inspection Real Estate Agent Real Estate Agents 69

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low.

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Housing Market Marketing Real Estate Realtors 68

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. ==. It looks like the change is starting because of increasing mortgage interest rates. The number of potential buyers will decrease as rates go up in many markets.

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Appraisal Contracts Real Estate Mortgage 52

Home Junction

MAY 14, 2020

These are some solid reasons why an agent should use these programs: Create Content Automatically for Buyers. Current property data such as home sales and pricing trends can be fed right onto an agent’s website. Educate them again on the benefits of buying a home. Educate them about the mortgage process.

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Real Estate Tools Clients Real Estate Agent 36

Listing Spark

JANUARY 12, 2023

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Price drops are becoming more normal, and we can expect home values to decrease by 10-15% on average across major markets. Builders will continue to target first-time home buyers with incentives.

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Real Estate Marketing Home Value Inventory 36

Housing Wire

OCTOBER 20, 2022

This is the first decline in home prices in almost three years, down from 57.6% in the second quarter, with median national home values dropping 3% quarterly to approximately $340,000, the report said. Despite this drop, investment returns for home sellers is still up from 48.8% Cash sales and institutional investors.

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Sellers Investing Housing Market Real Estate 406

Will Springer Realtor

JANUARY 9, 2024

The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. The Fed’s revised lending forecast sparked a celebratory mood among investors, particularly those tracking U.S. Shoreline came in at No.

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Mortgage Real Estate Law Lending 36

PennyMac

JANUARY 3, 2024

The Mortgage Process The mortgage process for a second-time homebuyer generally follows the same steps as a first-time homebuyer. Potential for No Down Payment While most mortgages require a down payment, you may qualify for a zero-down payment VA loan if you're a veteran, service member or military family.

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Real Estate Agent Buyers Real Estate Mortgage 36