article thumbnail

Opinion: Proptech’s big miss

Housing Wire

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. Finally, anyone who thinks that pricing is really the result of a fine-grained process and not fetishism refuses to see the evidence from the decades of claptrap called modern economics.

article thumbnail

3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

Mortgage 509
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Happening With the Nation’s Housing Inventory?

McKissock

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Why It’s Hard to Meet Housing Inventory Needs Right Now. Why Is U.S.

article thumbnail

Appraising Well in a Fast-Changing Market

Appraisal Buzz

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term. Of course not.

Appraisal 370
article thumbnail

Settling on a New Normal for Appraisals in 2022

Appraisal Buzz

million units , and some experts say it could reach 8 million if there were more inventory. Thus, the FHFA will likely have to develop a set of best practices in the coming years to prevent these snags and protect you and lenders. Shifting Toward Modernization. Total year-end sales volume ended at 5.64 Therein lies the problem.

Appraisal 397
article thumbnail

Online notarizations usher in era of trusted transactions

Housing Wire

A simple, ancient practice, one that often goes unnoticed despite the critical role it plays in the lives of millions of Americans, is getting modernized. They have developed technologies that update the process to mirror the modern way you do your banking, shop, and do pretty much everything else: by using the internet.

Law 378
article thumbnail

Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 396