Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. range, which is a normal mortgage market.” 4-7, in Las Vegas.

Mortgage 473

Mortgage Real Estate Agent Renovations Finance 473

Housing Wire

JUNE 10, 2024

They have added incentive to stay where they are — particularly if they have a low, pre-2022 mortgage rate or their home is paid off, the column stated. “[I]n Other factors are keeping millennials on the sidelines. The salary needed to buy a starter home, for instance, has nearly doubled since the start of 2019, according to data from Redfin.

Housing Market 417

Housing Market Renovations Inventory Realtors 417

Housing Wire

JULY 1, 2022

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. decrease from the previous quarter.

Mortgage 384

Mortgage Renovations Buyers 384

Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona.

Mortgage 294

Mortgage Real Estate Agent Real Estate Renovations 294

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs). Presented by: Auction.com.

Renovations 303

Renovations Finance Inspection Buyers 303

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

Renovations 340

Renovations Buyers Development Insurance 340

Housing Wire

APRIL 14, 2022

economy, it doesn’t appear that mortgage rates will be dropping below that mark anytime soon. Purchase mortgages this week averaged 5%, up 28 basis points from 4.72% a week ago , according to the latest Freddie Mac PMMS. The GSE’s index accounts for just purchase mortgages reported by lenders over the past three days.

Mortgage 421

Mortgage Government Renovations Buyers 421

Housing Wire

APRIL 20, 2021

“They got their lunch handed to them — it was lose, lose, lose, lose,” said David Snover, the mortgage originator Patrick worked with. Patrick, a first-time homebuyer, was competing with buyers who were waiving basic contingency requirements and/or putting in offers that far exceeded the seller’s asking price. Already a member?

Renovations 441

Renovations Real Estate Agent Construction Buyers 441

Housing Wire

AUGUST 5, 2021

The average 30-year fixed-rate mortgage slipped back down to 2.77% for the week ending August 5, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates had rebounded slightly to 2.80%. This bodes well for those still looking to refinance, renovate or even purchase a new home.”.

Mortgage 527

Mortgage Valuation Housing Market Renovations 527

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

Real Estate 435

Real Estate Agents Marketing Sellers 435

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. The drop in demand for unrenovated homes is mostly driven by high mortgage rates, agents say.

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

Lamacchia Realty

FEBRUARY 8, 2022

When buyers are in the process of finding their perfect home, they often realize that finding a home that checks all of the boxes, has a great layout, and is aesthetically pleasing is easier said than done, especially if you’re a first-time homebuyer on a budget. When in doubt, get your permits.

Renovations 73

Renovations Buyers Finance Home Improvement 73

Appraisal Buzz

APRIL 30, 2024

In today’s mortgage landscape, mortgage loan originators (MLOs) must find their way to success through an increasingly complex and difficult market. Having a strong product base can help buyers access more homes and can establish an MLO as a trusted advisor in more complex home buying processes.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

MARCH 2, 2021

You want to make a few preparations to attract the most potential buyers. 5 reasons to refinance your mortgage right now. Four renovations to consider before selling your house. Dust accumulates and you don’t want a potential buyer to find dust on the ceiling or smudges on the windows. More for Real Estate Enthusiasts.

Decorating 504

Decorating Renovations Buyers Sellers 504

Housing Wire

JUNE 3, 2022

Although housing inventory is beginning to increase, demand continues to exceed supply even as mortgage rates have spiked,” Mike Frantantoni, the Mortgage Bankers Association’s SVP, said in a statement. Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle?

Construction 445

Construction Renovations Transportation Real Estate 445

Appraisal Buzz

JUNE 3, 2024

Meeting their mortgage and investor obligations will be difficult for these aggressive operators. Many of them are buyers, but they are underwriting deals based on the new interest rate and pricing reality in the market. Well-located assets will typically always have buyers. Some will make it. Many will underperform.

Investors 195

Investors Marketing Real Estate Renovations 195

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. With mortgage rates nearly doubling from the start of 2022, the LO, who has more than 20 years of experience in the industry, says it’s painful to see deals simply disappear. “I higher than last year.

Mortgage 381

Mortgage Loan Officers Inventory Retail 381

Housing Wire

JULY 3, 2023

PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. PrimeLending, led by president and CEO Steve Thompson, ranked as the 34th largest mortgage lender in the first quarter of 2023, with an estimated origination volume of $1.73

Loan Officers 345

Loan Officers Marketing Retail Renovations 345

Housing Wire

JUNE 1, 2021

The provisions are the Biden administration’s latest effort to combat the racial wealth gap, which Fudge called attention to during recent remarks to the Mortgage Bankers Association. In order for investors to qualify for the credit, buyers must make no more than 140% of area median income.

Renovations 508

Renovations Development Investors Legal 508

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. Appraisals are required for homes financed with any type of mortgage. Getting approved for a mortgage depends largely on the outcome of an appraisal. Mortgage lenders want to make sure the property is worth the sale price. Not necessarily.

Real Estate 448

Real Estate Appraisal Agents Inspection 448

Housing Wire

JUNE 10, 2021

5 reasons to refinance your mortgage right now. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. After all, curb appeal is just as attractive to potential buyers as the indoor layout. Home improvements and renovations are also important to buyers. Staging Costs.

Sellers 545

Sellers Real Estate Agent Real Estate Decorating 545

Housing Wire

OCTOBER 28, 2021

Yun expects inventory levels to pick up again in 2022 and that buyers who have temporarily paused their search will return to the market in the new year. In addition, Yun believes that increasing rents and lack of rental inventory will drive even more potential buyers into the market.

Inventory 421

Inventory Renovations Contracts Buyers 421

Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. As we begin to see the other side of the pandemic and throughout the past year, the home improvement and renovation industry is seeing an extremely high demand for tools, materials, and home improvement service providers. Buyer Resources. Cost of Materials. What You Can Do. Additional Resources.

Renovations 50

Renovations Buyers Home Improvement Realty 50

Housing Wire

NOVEMBER 1, 2022

As mortgage rates hit 7% and above, loan officers are seeing new borrowers increasingly interested in options that can help reduce their initial mortgage payments. Generally speaking, a buydown is a real estate financing technique that makes it easier for a borrower to qualify for a mortgage with a lower interest rate.

Loan Officers 441

Loan Officers Sellers Clients Buyers 441

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. trillion in mortgage originations in 2021. The perplexing part: Why are home prices not declining in this environment?

Inventory 461

Inventory Renovations Real Estate Government 461

Housing Wire

OCTOBER 25, 2021

“Buyers also aren’t having to offer as much above the asking price as they were in the spring, when competition in the housing market was peaking. As mortgage rates continue to rise, we can expect bidding wars to keep slowing.” ” Top markets for affordable renovated housing inventory.

Renovations 410

Renovations Inventory Agents Housing Market 410

Housing Wire

MARCH 4, 2022

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Presented by: Auction.com.

Construction 369

Construction Renovations Real Estate Marketing 369

Eppraisal

AUGUST 25, 2023

In the ever-fluctuating world of real estate, buyers often face a multitude of challenges. These factors can make the homebuying process more complex, but with the right strategies, prospective buyers can still find success in this competitive market. A home in need of renovations could be a hidden gem that other buyers overlook.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Housing Wire

MAY 17, 2023

In fact, ATTOM reports that one in 12 home sales in the nation last year, or 8.4%, involved fix and flip investors — whose strategy is to acquire, renovate (fix) and then resell (flip) the properties. A year ago for us, fix and flip [loan interest] was probably 6.5%, but today, you’re probably getting between 10% and 12%,” Lind said.

Finance 355

Finance Marketing Renovations Investors 355

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. According to data from the Mortgage Bankers Association, the average purchase price had risen to $384,000 as of May. Acra Lending is doing what it can to help free up inventory. 3-month bank statement.

Housing Market 432

Housing Market Marketing Inventory Lending 432

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. 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. You don’t sell your home to the wholesaler; the contract gets transferred to a buyer the wholesaler finds for you.

Real Estate Agent 387

Real Estate Agent Tenants Real Estate Agents 387

Housing Wire

DECEMBER 2, 2020

5 reasons to refinance your mortgage right now. Four renovations to consider before selling your house. A whopping 63% of sellers are also buyers, which poses yet another concern. Additionally, mortgage rates have risen slightly in recent weeks. More for Real Estate Enthusiasts. Is now a good time to sell a house?

Housing Market 466

Housing Market Sellers Marketing Renovations 466

Housing Wire

JANUARY 30, 2021

Four renovations to consider before selling your house. 5 reasons to refinance your mortgage right now. Having a video tour, aerial footage or a drone video can also be great ways to get more buyers interested and entice them to come view the property. After all, you can’t sell what buyers can’t see. Price it right.

Renovations 473

Renovations Buyers Agents Real Estate 473

Housing Wire

FEBRUARY 9, 2021

When you go to buy a home , your mortgage lender will almost always order a home appraisal. But what does it mean for you as the buyer? But what does it mean for you as the buyer? Four renovations to consider before selling your house. 5 reasons to refinance your mortgage right now. The purpose?

Appraisal 458

Appraisal Real Estate Agent Sellers Real Estate 458

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. There are still plenty of buyers interested in this area. If you don’t have active buyers, ask around the office.

Real Estate 355

Real Estate Open Houses Brokerage Real Estate Agent 355

Housing Wire

JUNE 25, 2021

Per a recent report from Redfin , the typical iBuyer-owned home found a buyer after 13 days on the market — the quickest pace since at least 2015, when Redfin began recording iBuyer data. ” Road to the one-click mortgage. from the prior quarter. “Business really started ramping up in January and February,” she said.

Renovations 365

Renovations Marketing Buyers Inventory 365

Housing Wire

APRIL 27, 2021

In the past 12 months, housing markets across the country have seen a heavy influx of new homebuyers as well as existing owners looking to renovate or add square footage. “While 42% of younger prospective buyers currently live in cities, only 24% want to own a home there.

Housing Market 469

Housing Market Renovations Buyers Lending 469