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LenderLogix Data Shows Increase in Home Buying Activity in Q1

Appraisal Buzz

LenderLogix , a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, has released its first-quarter Homebuyer Intelligence Report, a summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools.

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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. Buy before you sell (BBYS) products may be the answer.

Buyers 373
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Mortgage demand ticks up ahead of the spring buying season

Housing Wire

Other sources of housing data are showing increases in new listings, which is a real positive for the spring buying season given the lack of for-sale inventory.” Purchase applications increased by 11% from one week earlier on a seasonally adjusted basis, while refinance applications rose by 8% in the same period.

Mortgage 426
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Rate lock volume rose going into the spring buying season

Housing Wire

As the spring buying season commenced, we saw a resurgence in purchase locks, despite the rise in interest rates,” said Brennan O’Connell, director of data solutions at Optimal Blue.

Lending 423
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8 best places to buy real estate leads in 2023

Housing Wire

One of the most efficient ways to acquire leads is to buy them through lead generation providers. Below, we evaluated several platforms to find the top eight lead generation providers agents can buy real estate leads from in 2023. Lots of tools for agents Prominent reviews can help build trust and credibility among clients.

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Investors are buying more, but spending less

Housing Wire

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. But the data doesn’t support the ‘Wall Street is buying up Main Street’ theme that’s been a popular theory for the past year or so.”. of the market.

Investors 545
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Affordability issues continue to impact home buying and selling perceptions

Housing Wire

As a result, consumers’ perceptions on home buying and selling have further diverged. Fannie Mae ‘s Home Purchase Sentiment Index (HPSI) — which tracks the housing market and consumer confidence with selling or buying a home — declined by 1.2 points in May to 65.6. The index is down 2.6