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New home sales continue to climb in 2023

Housing Wire

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. January marked a surge of people signing contracts to buy new homes. The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season,” Nicole Bachaud, Zillow ’s senior economist, said in a statement.

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Planet Home Lending adds new regional sales manager

Housing Wire

Kingsborough has more than 20 years of experience in mortgage lending and will be responsible for driving the company’s expansion plans in the western U.S. I’m here to build on our presence in the West by fostering an environment where mortgage loan originators and branch managers can truly thrive.”

Lending 360
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Mortgage rates continue their fall, to 2.93%

Housing Wire

The average 30-year fixed-rate mortgage fell three basis points from the week prior to 2.93%, according to data released Thursday by Freddie Mac ‘s PMMS. This marks the first time in over two months mortgage rates have fluctuated outside a five basis point range above or below 3%.

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Trade groups express concern to FHFA over historic credit data

Housing Wire

A coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent Community Bankers of America (ICBA), the Mortgage Bankers Association (MBA) and U.S. historical dataset. that use trended credit bureau data.

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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Perhaps the most important trait for a commercial real estate developer is the ability to identify an ideal piece of land. Image by Unsplash. Network to get funding.

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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. Well into January, we are already seeing properties go under contract in the first weekend with multiple offers.

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Appraisers Riding the Waves of Up and Down Mortgage Rates 

Appraisal Today

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. For starters, any development would have to pass through three levels of bureaucracy, as 4.1 acre is in Marin and the remaining 1.58