Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. The brutal low origination volume and industry consolidation that occurred for lenders in 2022 isn’t expected to turn around, at least not drastically, in 2023, according to Fitch Ratings. “Our outlook for mortgage originators and servicers is deteriorating,” Shampa Bhattacharya, the director of the financial institutions group at Fitch Ra

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Housing Market Marketing Insurance Mortgage 450

George Dell

JANUARY 18, 2023

Neighborhood” seems like an obvious choice for analysis. But is it? (Part 5 of a series.) The knee-jerk reaction to this question is that obviously we need it. It is a starting core of analysis. It’s what we were taught. It’s required for our license test. Leaving out a neighborhood section (form or narrative) would […]. The post Do We Need a Neighborhood Section?

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Housing Wire

JANUARY 18, 2023

Like its competitors, Tennessee-based First Community Mortgage, Inc. (FCM) reduced the company’s size through 2022 amid a tough mortgage market. At the start of 2023, the company is investing in training the sales team on tactics to start growing the business again. Surprisingly, the landscape is helping. “There is certainly optimism in the air as mortgage applications have started to pick up on,” Keith Canter, CEO at First Community Mortgage, said. “The optimism is

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Inventory Mortgage Retail Training 441

Eyes on Housing

JANUARY 18, 2023

The producer price index (PPI) for inputs to residential construction less energy (i.e. building materials) rose 8.3% in 2022 (not seasonally adjusted) according to the latest PPI report—less than one-half the increase seen in 2021. On a monthly basis, building materials prices declined 0.3% in December—the fourth consecutive monthly decrease. After increasing an average of 1.8% per month the first five.

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Construction 184

Housing Wire

JANUARY 18, 2023

Pennymac , the country’s largest correspondent lender with about 14% market share, has its eyes fixed on absorbing origination volume that Wells Fargo is leaving behind in the correspondent channel. . The California-based lender plans to increase its client base in the bank and credit union segment where Wells Fargo was most active, Abbie Tidmore, senior managing director and chief revenue officer, at Pennymac told HousingWire.

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Clients Investors Lending Mortgage 427

Inman

JANUARY 18, 2023

Suarez, who will speak on multiple panels during Inman Connect New York Jan. 24-26, talked with Inman ahead of his appearances to discuss the current market and plans for 2023.

Marketing 161

Marketing Real Estate 161

Inman

JANUARY 18, 2023

Last year, it was more expensive to rent than own. High home prices and mortgage rates that doubled in 2022 changed that, according to a new report from property data firm Attom.

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Mortgage Investing 155

Housing Wire

JANUARY 18, 2023

From an appraiser shortage to turn-time challenges amid record-breaking volumes, the past few years have been a whirlwind for the appraisal industry. HousingWire recently sat down with Jaro Managing Director Gareth Borcherds to learn what steps housing professionals can take to speed up appraisals. HousingWire: What steps can housing professionals take to ensure a faster appraisal?

Appraisal 383

Appraisal Reconsideration of Value Appraisal Process Technology 383

Inman

JANUARY 18, 2023

After two months of declines, mortgage rates are now at their lowest level since September with potential to spur spring homebuying, according to MBA economist Mike Fratantoni.

Mortgage 155

Mortgage Marketing 155

Housing Wire

JANUARY 18, 2023

Columbus, Ohio-headquartered lender Lower rolled out mortgage as a service platform that enables consumer finance, banking and real estate companies to offer its mortgage products. . Lower’s platform is aimed to offer a “digital-first home financing experience quickly and easily” with white-label options available that can be embedded into the partner’s process through application programming interface (API) and no-code solutions, the firm said on Tuesday.

Mortgage 382

Mortgage Lending Finance Retail 382

Inman

JANUARY 18, 2023

The flexible-spending model real estate franchise beat out a number of other real estate franchises assessed by Franchise Business Review this year, including Keller Williams, Weichert Real Estate, Sotheby's International Realty and others.

Realty 155

Realty Real Estate Business Realtors 155

Appraiserblogs

JANUARY 18, 2023

Folks, I was in a USPAP class last Friday, during the day I was sent the tribute message below from another appraiser who knew Bill King very well, and who has been in touch with Bill’s wife. I’ve been looking for the obit. The one below was published on Sunday January 15, in the Anchorage Daily News: Orbituary William Edward King, 67, of Palmer, Alaska, passed away on Jan. 7, 2023.

Appraisal 128

Appraisal 128

Inman

JANUARY 18, 2023

If you are considering taking on a foreclosure listing, you need to make sure it is the best solution for all involved parties. Listing expert Minna Reid says you need to ask these five questions before you list the home for sale.

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Sellers Agents Marketing Mortgage 155

Riverfront Appraisals

JANUARY 18, 2023

This blog post is brought to you by the Guide To Appraisals series of e-books. The Realtor’s Guide to Appraisals, The Homeowner’s Guide to Appraisals, and the Loan Officer’s Guide to Appraisals provide you with all you need to know about the appraisal process, so that you can better serve your clients, and make the […] The post FAQ 3: What’s the Difference Between an Appraisal and a Home Inspection appeared first on Riverfront Appraisals.

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Inspection Appraisal Appraisal Process Clients 122

Inman

JANUARY 18, 2023

Inventory rose 69 percent, and sales fell 38 percent to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX.

Marketing 155

Marketing Inventory Housing Market Agents 155

Boston Appraisal

JANUARY 18, 2023

The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. Because of the high appeal of owning a home, buyer demand far outstripped the supply of homes, which caused home values to skyrocket by the end of 2021.

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Sellers Buyers Home Value Marketing 78

Inman

JANUARY 18, 2023

Led by managing partners Grant Ludwick, Matt Robinson and Nick Wilhite, the office will build on the company's growing presence across the U.S., Canada, Mexico the Caribbean and Europe.

Realtors 155

Realtors Brokerage 155

Hank Miller Team

JANUARY 18, 2023

Take a couple of minutes and save several hundred or more dollars. It's never been easier to file for the Georgia Homestead Tax Exemption. Georgia homeowners are eligible for this exemption if the home was purchased in 2022, occupied on January 1st, 2023 and is their primary residence. The exemption is not eligible on investment or vacation homes. This is not automatic, the homestead exemption must be filed in the property owner's county.

Investing 52

Investing 52

Inman

JANUARY 18, 2023

Seligman brings to Douglas Elliman more than two decades of experience in human resources management roles at a number of luxury and beauty companies, including Arcade Beauty, L'Occitane en Provence, Tiffany & Co., Shiseido and more.

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Human Resources Brokerage Agents 155

BiggerPockets

JANUARY 18, 2023

The last year or so has been challenging for investors and savers alike. With inflation raging and many of the major markets in correction territory, it’s been difficult to find a […].

Investors 54

Investors Marketing Finance 54

Inman

JANUARY 18, 2023

The six-month loan is a component of Home Swap that allows clients to prepare a home for market through basic repairs, small finish upgrades, painting and other items buyers look for in a home.

Buyers 155

Buyers Clients Marketing Mortgage 155

Mortgagebroker News

JANUARY 18, 2023

Canada's banking regulator has indicated that borrowing requirements could be set to tighten

Mortgage 68

Mortgage 68

Inman

JANUARY 18, 2023

All of the biggest players in real estate are cutting costs, but some are better off than others to weather the storm, Mike DelPrete argues in his first exclusive filing for Inman Intel.

Brokerage 154

Brokerage Real Estate Realty Technology 154

Mortgagebroker News

JANUARY 18, 2023

Market observers outline the possibilities for the central bank's next rate meeting

Marketing 67

Marketing 67

Inman

JANUARY 18, 2023

Brian Walshe, 47, was charged with the murder of his wife, Ana Walshe on Jan. 17. He had already been locked up since Jan. 8 for misleading investigators about her New Year's Day disappearance.

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Mortgagebroker News

JANUARY 18, 2023

A proven track record and solid funding will help the company navigate a challenging market, says company founder

Business 58

Business Marketing 58

Inman

JANUARY 18, 2023

Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending.

Agents 153

Agents Realty Brokerage Marketing 153

Mortgagebroker News

JANUARY 18, 2023

The move shakes up the leadership team of one of the country's largest banks

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Inman

JANUARY 18, 2023

The best real estate books include real-world stories and actionable advice. Curate your reading list for 2023 with these suggestions.

Real Estate 161

Real Estate Brokerage Agents 161

BiggerPockets

JANUARY 18, 2023

Financial independence is something that people spend decades trying to achieve.

Real Estate 63

Real Estate 63

Inman

JANUARY 18, 2023

The all-online brokerage saw its growth finally slow amid a broader market contraction. CEO Glenn Sanford eyes the challenges ahead for 2023.

Brokerage 155

Brokerage Contracts Marketing Realty 155

Mortgagebroker News

JANUARY 18, 2023

Indigenous advocacy organization highlights disparity between various groups

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Inman

JANUARY 18, 2023

The new offering gives expert analysis at the intersection of business data and audience insights, and launches today.

Business 155

Business 155

Mortgagebroker News

JANUARY 18, 2023

It offers insights on latest home sales numbers

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