Housing Wire

AUGUST 24, 2022

Top wholesale lender United Wholesale Mortgage (UWM) is the latest originator to join the resurgent home-equity lines of credit (HELOC) market. Meanwhile, the piggyback HELOC, which provides an additional loan taken out on property alongside a first mortgage, is ideal for borrowers with less available for a down payment.

Home Value 370

Home Value Investing Insurance Mortgage 370

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

Housing Market 423

Housing Market Marketing Insurance Mortgage 423

Eppraisal

DECEMBER 9, 2021

It is December and it's still a hot real estate market for sellers. This past year we have experienced an unprecedented lack of real estate inventory available for sale leaving pent-up buyer demand. Buyers lost out on homes because of other buyers and investors paying cash.

Sellers 36

Sellers Buyers Home Value Insurance 36

Cornerstone

OCTOBER 26, 2021

Home values are climbing at nearly historic levels. As a result, hurdles related to home appraisals have also started to arise. In the past few months, it’s become commonplace for an appraisal to come back under a home’s contract price. The more you know, the easier it is to find the right mortgage.

Sellers 57

Sellers Buyers Appraisal Loan Officers 57

Housing Wire

FEBRUARY 6, 2023

Home prices growth and mortgage rates have come down from the peaks in 2022, but affordability still remains a challenge. For those looking to pull cash out of their homes, the cost was nearly twice that, with an average of 2.06 Prior to the pandemic, buyers paid closer to 0.5

Inventory 382

Inventory Mortgage New Listings Home Value 382

Housing Wire

FEBRUARY 1, 2023

Rob Nunziata , co-CEO and co-founder of Florida-based FBC Mortgage , says one mortgage sweetener that holds out some promise for making houses more affordable for a broader swath of borrowers is the temporary rate buydown. “It Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

Marketing 407

Marketing Government Mortgage Sellers 407

Housing Wire

APRIL 7, 2021

“The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.” And approximately 60% said the move led to positive life events, such as a bigger home, a cheaper mortgage, and new experiences in a new city and state. Presented by: Propertybase.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Eppraisal

OCTOBER 5, 2022

Now that the real estate market is transitioning with softening sales and rising interest rates, it is important to be in the know as a home buyer. As a buyer in a transitioning market, you have more to prepare for. Premium Prices The housing market continues to display high, premium home prices.

Buyers 68

Buyers Real Estate Agent Marketing Sellers 68

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are This article comes at the same problem from a different angle: a mortgage application perspective.

Sellers 382

Sellers Housing Market Inventory Buyers 382

Housing Wire

JANUARY 25, 2023

Long-term mortgage rates responded by rising from 3.25% in early 2022 to over 7.25% in October 2022, more than doubling. Mortgage interest rates The unrelenting Fed policies to combat inflation will eventually instigate an economic recession sometime in 2023. As inflation eases, so will long term mortgage rates. The overall U.S.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Eppraisal

SEPTEMBER 20, 2021

Those preparing to reap that return have reason to be glad these days -- home values averaged $676,000 nationwide in June of 2021. Certain realities should be considered when setting expectations for the long-term values of residences. How Many Are Seeking Homes? What about the job market?

Home Value 36

Home Value Sellers Investing Finance 36

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

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.

Brokerage 404

Brokerage Real Estate Clients Insurance 404

Housing Wire

MAY 4, 2022

A housing bubble can generally be defined as an unsustainable period of house price growth generated by artificial demand, as was the case in the mid-2000s when demand surged because of wider access to mortgage financing. Tighter mortgage underwriting : Lending standards are much tighter today than during the mid-2000s.

Housing Market 345

Housing Market Finance Marketing Mortgage 345

Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. If you are a buyer, you may be getting giddy about it. Here are a couple of strategies for buyers to follow in order to secure the houses they have been waiting for. It does not happen overnight.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

Housing Wire

JUNE 24, 2021

Buyside’s new feature enables the millions of homeowners who are currently receiving a Home Valuation Report from Buyside, to now see a personalized Home Equity Dashboard. According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

Valuation 292

Valuation Real Estate Agent Real Estate Clients 292

Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. million homes bought and sold in the U.S. According to data from Statista , there were roughly 5.95 last year.

Loan Officers 382

Loan Officers Real Estate Agent Real Estate Finance 382

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 55

Sellers Real Estate Buyers Inventory 55

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 58

Sellers Real Estate Buyers Inventory 58

Eppraisal

DECEMBER 23, 2022

Earlier this week we explored the real estate transaction from the perspective of the Buyer. We'll now dissect the entire real estate transaction from the perspective of the seller. If a buyer calls you directly or knocks on your door, refer them to your listing agent. Negotiate the price based on these home values.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

Home Value 36

Home Value Real Estate Agent Real Estate Realtors 36

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 53

Sellers Real Estate Buyers Inventory 53

Lamacchia Realty

FEBRUARY 23, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

FEBRUARY 27, 2024

As Anthony states in his 2024 predictions , the market will continue shifting and may even improve slightly for buyers and sellers alike, but we are not out of the woods in terms of housing market ebbs and flows quite yet. What does this mean for Buyers ? Buyers, make sure you don’t make these house hunting mistakes !

Sellers 50

Sellers Real Estate Buyers Inventory 50

Eppraisal

DECEMBER 8, 2023

This will help you determine a realistic budget for your future home. Aim for a mortgage payment that comfortably fits within your financial capabilities, leaving room for unexpected expenses. Get Pre-approved for a Mortgage Take the uncertainty out of your home search by getting pre-approved for a mortgage.

Buyers 36

Buyers Home Value Property Taxes Real Estate Agent 36

Lamacchia Realty

OCTOBER 19, 2023

Single families: $528,879 (2022) | $565,163 (2023) Condominiums: $303,917 (2022) | $316,041 (2023) Homes Listed For Sale: T he number of homes listed is down by 9.8% 2023: 2,965 2022: 3,415 2021: 4,457 Data provided by SmartMLS then compared to the prior year. Additionally, the number of homes listed is down 9.8%.

Sellers 56

Sellers Real Estate Buyers Realty 56

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. It only takes a few bad appraisers doing this kind of thing to cause home prices to artificially inflate. Granted, mortgage rates were not terrible. 30-Year Fixed Mortgage Rates from 2000 to today.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Lamacchia Realty

DECEMBER 19, 2023

The number of homes listed increased by 5.7% Mortgage rates in November fell from the October highs, coming down to the low 7s towards the end of the month, per Mortgage News Daily. What does this mean for Buyers ? Inventory levels in Connecticut are not increasing nearly enough to meet the buyer demand in the market.

Real Estate 54

Real Estate Sellers Home Value Buyers 54

Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. Buyers are offering sellers prices considerably above list price in many cases.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $653,286 (2022) | $702,935 (2023) Condominiums: $597,287 (2022) | $623,028 (2023) Multi-families: $605,432 (2022) | $671,070 (2023) Homes Listed For Sale: T he number of homes listed is up slightly by 0.02% when compared to October 2022. In Massachusetts, the number of homes sold is down 14.3% What’s next?

Sellers 61

Sellers Real Estate Buyers Inventory 61

Lamacchia Realty

OCTOBER 19, 2023

2023: 561 2022: 867 2021: 903 Data provided by Warren Group & MLSPIN then compared to the prior year. Additionally, the number of homes listed is down 12%. Mortgage rates continued to trend upward through the month of September. What does this mean for Buyers ? What does this mean for Sellers ? What’s next?

Sellers 57

Sellers Real Estate Buyers Realty 57

Lamacchia Realty

FEBRUARY 27, 2024

What does this mean for Buyers ? More inventory translates to more options for buyers as well as potentially less competition and a stabilization or eventual reduction in home prices! As such, buyer affordability is still diminished due to mortgage rates and increasing home prices.

Inventory 49

Inventory Sellers Real Estate Buyers 49

Lamacchia Realty

OCTOBER 19, 2023

Single families: $534,807 (2022) | $579,901 (2023) Condominiums: $390,549 (2022) | $453,285 (2023) Multi-families: $503,267 (2022) | $486,230 (2023) Homes Listed For Sale: T he number of homes listed is down by 0.5% Mortgage rates continued to trend upward through the month of September. What does this mean for Buyers ?

Sellers 51

Sellers Real Estate Buyers Realty 51

Hank Miller Team

MARCH 6, 2024

There was pain of course, many buyers were eliminated and the withdrawals from those low rates is still being felt. We now have fewer buyers, less chaos and more time for buyers to consider their purchase. 23 saw a less severe drop in contracts and closings, sellers also recognizing that bull run was over. Closings -44.6

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. This step is not necessary).

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Eppraisal

FEBRUARY 14, 2023

There are many terms used in real estate transactions that home buyers and sellers may not completely understand. Buyers and sellers will often use the terms title and deed interchangeably. If you are buying a home in the near future, here's a crash course to help.

Legal 69

Legal Insurance Sellers Real Estate 69