Housing Wire

FEBRUARY 3, 2023

The labor market started off in 2023 with a bang, which could mean trouble for the housing market as the Federal Reserve continues to try and bring inflation under control this year. In comparison, the job market gained an average of 401,000 jobs per month in 2022. “The

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Housing Wire

JANUARY 29, 2024

While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that if there isn’t significant supply growth and buyer demographics remain strong, home prices will rise once again. This interview was condensed and lightly edited for clarity.

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Housing Wire

JANUARY 20, 2022

Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. From 2004 to 2006, during the housing boom years, even though homes were moving at a rapid pace, buyers typically looked at nine homes.

Buyers 414

Buyers Inventory Open Houses Technology 414

Housing Wire

OCTOBER 1, 2021

But for the past 12 months, the metro’s housing market has been in complete chaos. “It The Provo-Orem market is growing at a faster rate per capita than really anywhere else in the state of Utah, including our capital, Salt Lake City.”. My agents are still getting three to four offers on a house.

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Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). in events to garner business. Roughly 47.4%

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Housing Wire

OCTOBER 7, 2022

Williams IV, founder and CEO of Percy.ai, about what housing professionals can do to improve their deal flow despite the turbulence of the current housing market, and how investing in valuable data insights could be the key to success. . Our team brings decades of real estate and technology industry expertise.

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Housing Wire

DECEMBER 10, 2020

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight. Presented by: MCS . Now it’s under $300,000.”.

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Housing Market Marketing Realty Realtors 429

Housing Wire

OCTOBER 5, 2021

Homeowners are able to track tours and buyer feedback on their home through the Redfin Owner Dashboard. “Thanks to advances in automation and smart home technology and changing consumer expectations, we’re able to offer a convenient and safe self-touring option that would have seemed outlandish just a decade ago.”. .

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Housing Wire

APRIL 5, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors.

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Housing Wire

SEPTEMBER 27, 2022

Growing obstacles in 2022’s market. Still, local lenders face rising challenges that threaten their ability to serve the American home buyers who need them most. To solve this problem, local lenders are beginning to leverage innovative partnerships and technology to bring new products and channels to market.

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Housing Wire

SEPTEMBER 17, 2020

First-time homebuyer activity decreased mostly in part due to the economic effects of the pandemic, but it still remains the most active segment in the purchase space of the housing market. A quick rebound in May moderated the market decline.”. compared to last year, according to Genworth Mortgage Insurance. “The

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Housing Wire

JUNE 23, 2021

With low housing inventory and rapid home-price growth, homeownership can seem less and less attainable for several groups of potential homebuyers. HousingWire sat down with Radian CEO Rick Thornberry to learn more about the state of the housing market and how Radian is helping further homeownership.

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Housing Wire

AUGUST 31, 2021

In light of the state of the housing market, HousingWire sat down with Nomis Solutions Chief Revenue Officer Matt Woolley to discuss why agility, speed and a better customer experience are more important than ever. HousingWire: What about today’s housing market makes speed and agility so crucial for lenders?

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Housing Wire

MARCH 14, 2024

housing market. Similar to the arguments made by the plaintiffs and their attorneys in the commission lawsuits, the authors of the paper argue that despite technological advances, agents still take a “high percentage commission.” million houses were listed for sale, with 95.6% needs to change.

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DW Slater Company

JANUARY 30, 2023

What’s happening in the housing markets? Mortgage rates impact housing as they affect buying power. As we look at the housing market for 2022, a clear shift has occurred. Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates.

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Housing Wire

MAY 1, 2024

In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” We are advantaged primarily because we are a product and technology company first.” The product led organic marketing growth story is rare, but it is common for the great ones. he posited.

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Housing Wire

NOVEMBER 16, 2023

According to Reffkin, the onset of the COVID-19 pandemic, as well as the frenetic pace of the 2020, 2021, and even early 2022 housing markets, led to a reliance on technologies like Zoom, texting, email and social media for communication, leading transactions. Bad times create good habits,” Reffkin said.

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Housing Wire

NOVEMBER 2, 2023

If buyers’ agents become less common, Redfin will prosper in that world too,” Kelman said. “We We’ve built self-service technology for buyers to set up their own tours and make offers on our listings without a buyer’s agent.” million in Q3 2022. million.

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Housing Wire

OCTOBER 16, 2023

Regardless of the outcome, real estate brokers are doing all they can to prepare their brokerages and their agents for more transparency, education on the value real estate agents bring to the transaction, and more, according to the 2023 Q4 BrokerPulse survey , a forward-looking housing market sentiment survey by HousingWire.

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Housing Wire

FEBRUARY 27, 2024

Compass attributed some of these struggles to the slower housing market of 2023, which saw Compass close 178,848 transactions, down 15.5% Despite this assertion, Reffkin was happy to field questions about the firm’s use of buyer agency agreements during the question and answer portion of the call. million in 2022.

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Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers.

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Housing Wire

JUNE 7, 2022

” “Higher priced” homes in hot housing markets in cities such as Los Angeles, Palm Beach and Phoenix are also increasingly in short supply, the report’s authors found. Less than 10% of all markets fall under the category of “hot” or distressed, even at the top or bottom of normal cycles, the report said.

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Housing Wire

MAY 5, 2022

As existing home owners potentially put the brakes on buying new homes or on refinancing their existing ones, lenders will rely more on first-time buyers to cut down on attrition during the slowdown. Millennials are the fastest growing segment of homebuyers today, comprising 37% of the housing market. On-demand expectations.

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Housing Wire

APRIL 20, 2023

For the past three years, the HW Marketing Leaders award has recognized elite marketing execs in housing who have pushed their businesses to the top via innovative marketing strategies, creative campaigns and purpose-driven programs. As a result, being adaptable and open to change is essential for success.

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Housing Wire

MARCH 21, 2023

. “His deep understanding of global economies, real estate markets, technology, consumer demographics, and investments will further enhance our ability to empower, educate, and equip real estate agents as the housing market continues to evolve.”

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Housing Wire

AUGUST 17, 2022

It’s a complementary product to the wholesale lender’s “Game On” initiative , a cut-rate pricing strategy devised to grow market share with purchase buyers. It comes at a time in which the housing market favors buyers and seller concessions become more frequent. primary home purchases. .

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Housing Wire

AUGUST 31, 2021

“While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper on price growth,” said CoreLogic Deputy Chief Economist Selma Hepp. How can we innovate and leverage technology to make the real estate transaction even better?

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Movoto

MAY 22, 2024

It’s beautiful from corner to corner, hence why the Colorado housing market is always one to watch. Whether you’re moving to Colorado, selling your Colorado home , or considering a business venture in the state, it’s valuable to first understand the Colorado real estate market. Is it a Good Time to Buy a House in Colorado?

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Housing Wire

APRIL 24, 2024

Through this, Saunders said, consumers began to realize the importance of staging, photography and online marketing. This model worked with previous generations of homebuyers who did not have access to the same amount of information about the housing market and real estate professionals.

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Housing Wire

MAY 31, 2021

It’s no secret the housing market has seen a surge in the last year. And while housing demand is booming, the industry is still struggling with low inventory. To close on a home, potential buyers need to not only stand out, but work with professionals who can ensure success. Black Knight Radian.

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Real Estate Inventory Clients Technology 340

Eppraisal

DECEMBER 19, 2023

A property with smart technology can convince appraisers to value your property more and encourage interested buyers to bid higher. Why Technology Sells Smart technology’s robust demand renders residential properties more marketable. smart home market’s estimated revenue was $34.7

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Housing Wire

SEPTEMBER 20, 2021

This is a strategic move as some of the hottest housing markets in the country are currently located in Nevada, California and Arizona. Titlegenius uses blockchain-backed technology to provide home buyers with an online platform to help facilitate their purchase of title insurance and the closing process in general.

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Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. Many buyers hope the housing market will cool down in 2022, and while experts don’t think it will be as competitive, this is unlikely to be a dramatic shift — at least not one that turns the market away from being seller-friendly.

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Housing Wire

MARCH 14, 2024

We have a sale in Broward County, the highest residential resale in that county, and that buyer came from a transaction in Hawaii years before. We had data in our platform that served up this person as a potential buyer, even though on the surface they wouldn’t look like a candidate for this house.

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Housing Wire

DECEMBER 29, 2023

The decline in mortgage rates in November helped financially strained homebuyers, according to ICE Mortgage Technology ‘s latest Home Price Index data. on a year-over-year basis, straining buyers’ purchase power. As a result, mortgage demand ticked up as well last month. It was up from a revised of 4.5% in October.

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Technology Mortgage Buyers Housing Market 420

Housing Wire

JANUARY 29, 2021

Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston. There is a high demand for housing and a great number of would-be buyers, and therefore sales should rise with more new listings,” Yun said.

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Contracts Real Estate Housing Market Technology 529

Housing Wire

OCTOBER 3, 2023

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Another 10% are honing their value proposition , particularly as it relates to buyers’ agents.

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