Fri.Jul 29, 2022

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Housing inventory nationwide rises for the first time in years

Housing Wire

Fast-rising home prices and interest rates coupled with a slipping economy helped to cool the nation’s housing market in June leading to a nearly 2% increase in the number of homes on the market. That marks the first month since July 2019 (pre-pandemic) that housing inventory increased year over year. The home-inventory bump dovetails with other data indicating the nation’s housing market lost some steam this past month, according to a June housing-market report from Seattle-based Redfin.

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Case-Shiller: Home Price Growth Decelerated in May

Appraisal Buzz

Although the rate of growth is slowing, U.S. home prices continued to rise in May, increasing 1.0% on an adjusted basis compared with April and up 19.7% compare with May 2021, according to the S&P Corelogic Case-Shiller home price index. The index’s 10-city composite – measuring home price growth in the ten largest U.S. cities – posted an increase of 1.3% in May compared with April, while the 20-city composite posted an increase of.

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Opinion: The end of seller speculation in US housing market

Housing Wire

A few months ago, the United States housing market failed Econ 101. Table 1, below, reports the 10 hottest U.S. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

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Three Mortgage Companies Partner with Figure on HELOC Products

Appraisal Buzz

Three mortgage companies are signing on as white label partners for home equity line of credit (HELOC) offerings with Figure , a provider of home equity financing technology. Guaranteed Rate, Homebridge and Synergy One have partnered with Figure to leverage Figure’s HELOC technology to create a branded product for their customers in 41 states and Washington, D.C.

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How insurance offerings can improve the borrower experience

Housing Wire

Over the past few years, lenders have put a microscope to their processes to see where they can improve the borrower journey. But there may be one area they’re still overlooking. HousingWire sat down with Kara Shipulski, vice president of strategic partnerships at Liberty Mutual, and Sean Larney, ??vertical manager of strategic partnerships at Liberty Mutual, to discuss how partnering with a nationally recognized insurance company improve borrower engagement for lenders.

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Freddie Mac Reports Slight Change in Fixed-Rate Mortgage Averages

Appraisal Buzz

Freddie Mac ’s Primary Mortgage Market Survey (PMMS) results show that the 30-year fixed-rate mortgage (FRM) averaged 5.30%. “Purchase demand continues to tumble as the cumulative impact of higher rates, elevated home prices, increased recession risk, and declining consumer confidence take a toll on homebuyers,” says Sam Khater, Freddie Mac’s chief economist.

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More Trending

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Exploiting the Bankruptcy Process

Appraisal Buzz

A recent decision by a Kentucky Bankruptcy Court dismissed a debtor’s Chapter 13 case after several attempts to take advantage of the bankruptcy process. The post Exploiting the Bankruptcy Process appeared first on DSNews.

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Don’t miss the Women of Influence Forum at HW Annual Oct. 3

Housing Wire

If there’s one thing successful women in housing have in common, it’s their ability to get sh*t done. Whether they’re managing a team, running a business, or anything in between, women are dominating the industry and making room at the table for a new generation of women to do the same. It’s because of this energy and desire to grow together that we’re excited to kick off HW Annual with the Women of Influence Forum on Oct. 3.

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Ginnie Mae Seeking Feedback on Manufactured Housing Program

Appraisal Buzz

As a means to increase the nation’s supply of affordable housing, Ginnie Mae is seeking public comment on how its Manufactured Housing Program could boost inventory. The post Ginnie Mae Seeking Feedback on Manufactured Housing Program appeared first on DSNews.

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Some Buyers Turning to New Construction

Eyes on Housing

After falling steadily for five quarters, the popularity of new homes rebounded in the second quarter of 2022, as 21% of prospective buyers reported looking for a newly-built home – up from 19% a quarter earlier. A possible reason for this pivot is the recent growth in the inventory of new homes for-sale, while the supply of existing homes on.

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Live-Work-Play Residences on the Rise

Appraisal Buzz

The number of units that incorporate retail space and residential living has quadrupled over the past decade. . The post Live-Work-Play Residences on the Rise appeared first on DSNews.

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Inflation Causes Real Disposable Income to Slip in June

Eyes on Housing

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.6% in June, making its ninth monthly increase in the past 12 months. Gains in personal income are largely driven by increases in compensation of employees and proprietors’ income. Real disposable income, income remaining after adjusted for taxes and inflation, decreased 0.3% in.

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Darlene Umina Qualifies for 2022 Lamacchia Realty President’s Club

Lamacchia Realty

Darlene Umina has officially qualified for the 2022 President’s club by surpassing $16,000,000 in sales volume! Previously, as a team, Darlene qualified for the President’s Club in 2017 , 2018 , 2019 , 2020 , and 2021 as well as President’s Club ELITE in 2021 ! Additionally, Darlene’s team won the award for M ost Transactions and Highest Vol ume company-wide for 2021.

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Museum District Condo Buildings

Houston Properties

Compare all Museum District Area Houston condo buildings. Pictures, information, building history are available. We listed all Museum District Houston condos for sale and rent.

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Estimate Rental Value in 6 Easy Steps

Mashvisor

Whether you’re new to investing in rental properties or not, discover how to estimate rental value before you start renting out your property. Table of Contents What Is Rental Value?

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Real Estate Magazine Names Paige Martin as One of “100 Most Influential Real Estate Agents In Texas”

Houston Properties

One of the most recognized real estate publications in the country, The Real Estate Executive Magazine, awards Paige Martin with the “100 Most Influential Real Estate Agents In Texas” recognition.

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Landlording Isn’t For Everyone — Become a Passive Real Estate Investor Instead

BiggerPockets

Just say no to landlording! Now I realize I just offended many, if not most of you. Let me explain. Real estate investing is not for everyone. That sounds weird […].

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Buying A Houston Home? Avoid These 9 Kisses Of Death For Resale

Houston Properties

We analyzed 512,056 Houston home sales. Save money, headache, & time by following these Houston homebuying tips.

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Finance Friday: Living Paycheck-to-Paycheck with 9 Rental Properties

BiggerPockets

Rental property cash flow is one of the most important metrics to calculate when analyzing real estate. Your cash flow not only helps you make a little extra money every […].

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5 Simple Precautions Every Houston Home Buyer Needs to Know

Houston Properties

Houston is on a "Stay-home-work-safe" order, but real estate is an "essential business" (and showings continue.) 5 things buyers need to know to be safe.

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A Supply-Starved Market and How Investors Are Already Taking Advantage

BiggerPockets

Is some alleviation from inflated home prices headed our way? Over the past two years, sellers have taken the housing market for a ride, getting dozens of offers on every […].

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Best Neighborhoods in Pearland TX

Houston Properties

One of the fastest growing cities in the US, Pearland is home to several master-planned neighborhoods, top-ranked schools, and golf-course communities.

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Rookie Reply: Do New Short-Term Rental Regulations Make Investing Risky?

BiggerPockets

New short-term rental regulations are sprouting up around densely-populated states like California and New York. These regulations can stop new investors from setting up shop while making established hosts much […].

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Worried About The Impact Of Oil Price Crash On Houston Home Values?

Houston Properties

We reviewed key trends from the 2015 oil crash and 2008 Great Recession to see how the recent oil price crash will impact the Houston housing market.

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Residential construction cost growth spurring deterioration in affordability

Mortgagebroker News

Many Canadians are willing to compromise on their home purchases if it means ensuring affordability, survey finds

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HOW HURRICANE HARVEY AFFECTS THE HOUSTON REAL ESTATE MARKET

Houston Properties

Based on historical data, we looked at Harvey's possible impact to the Houston housing market. Plus, see condos and neighborhoods that didn't flood.

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How to Get Started in Real Estate Investing in 2022

Mashvisor

Real estate investing has become synonymous with today’s most prolific wealth-building strategies.

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BEST KATY TEXAS NEIGHBORHOODS

Houston Properties

See the best places to live in the Katy area for strong property values, amenities, schools, and great access to retail, dining, and entertainment.

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10 Summer Improvement Projects for Your Florida Home

Lamacchia Realty

10 SUMMER IMPROVEMENT PROJECTS FOR YOUR FLORIDA HOME. Summer is the best time of the year to conduct a house inventory and spend quality time with loved ones. On the other hand, summer is also an excellent time to get started on projects around your Florida home that will add value to your property on top of improving its overall appeal. If you’re not sure where to start, here’s the list of our top 10 ideas for summer improvement projects you can try on your Florida home.

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The Ultimate Guide To The 26 Best Gated Communities in Houston

Houston Properties

From exclusive luxury enclaves to cozy new construction developments, we list the top gated communities within 45 minutes of downtown Houston.

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Boston25 News Zip Trip: Kingston

Lamacchia Realty

Boston 25 Zip Trips are back and Lamacchia Realty will be there all summer long ! Today we visited Kingston, MA where Jackie Louh discussed the current housing market, the local area, and so much more! Check out the video to the right to learn what the market is up to in that area! The post Boston25 News Zip Trip: Kingston appeared first on Lamacchia Realty.

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4 Intriguing Montrose Real Estate Trends

Houston Properties

See Montrose real estate, home sales, and investment data. The article covers neighborhood analysis and review of homes for sale.

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Has BC's cooling-off legislation arrived at the wrong time?

Mortgagebroker News

Homebuying activity is expected to moderate further before the measure's introduction

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Houston Zip Code Map: Best Neighborhoods By Zip Code

Houston Properties

The best zip codes to live in Houston TX, according to this expert guide.

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