Tue.Dec 06, 2022

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How to reach the growing segment of Hispanic American homebuyers in 2023

Housing Wire

As interest rates remain volatile and demand continues to suffer, lenders across the industry are seeking new avenues to reach borrowers. Often, that means analyzing target markets to determine fresh ways to connect with growing demographics. For many, this analysis is unearthing a noteworthy trend: In many pockets of the U.S., Hispanic Americans represent a fast expanding segment of borrowers with an increasing number seeking home loans and homeownership.

Lending 383
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Getting high on housing hope

Sacramento Appraisal Blog

Be an optimist in life. Be full of hope. And let nothing shake you. But when it comes to housing stats, be realistic about the market that actually exists. Today, let’s talk about getting high on housing hope (and unpack fresh stats). UPCOMING (PUBLIC) SPEAKING GIGS: 1/18/23 WCR Market Update in Cameron Park (register here) […]. The post Getting high on housing hope first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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How LOs get into a real estate agent’s circle

Housing Wire

To get into an agent’s circle, an LO has to see problems before they manifest they need to communicate whether the news is good, bad or ugly, agents said. Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product.

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You Go Your Way, and I’ll Go Mine

The Appraiser Coach

Many of you know that I don’t do partnerships. I’ve had some negative experiences in the past, and I don’t like the idea of being a part of one again. Read More.

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Path Software launches new TPO capability

Housing Wire

Calyx has developed a new third-party origination (TPO) functionality for Path Software called Path TPO, the company announced Tuesday. The new capability, which is cloud-based, can be accessed through and integrates with a client’s existing Path platform. In a release, the company said clients can use the capability to easily enter the TPO market and generate additional revenue streams.

Clients 370
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Create More Impact, Fun and Time In Your Life!

Simonson Real Estate

In addition to being committed to the profession of appraising commercial real estate, our team is comprised of human beings seeking to continually improve across all facets of life. Whether its showing up as the best parent, partner or friend or striving to raise our standards of health and productivity, a steady commitment to constant and never ending improvement is the key!

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Is Your Digital Form Solution E-SIGN Act-Compliant? Here’s Why It Matters

GoForrmz

Don’t risk it – select a digital form solution capable of collecting legally binding eSignatures Many form solutions provide basic signature collection, but they may not be E-SIGN Act-compliant – in this blog we’ll break down why this matters to you and your business. Why use electronic signatures? Electronic signatures keep your team nimble – they can be collected instantly, referenced in real-time, and used to reduce time-wasting administrative tasks.

Legal 78
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Key Issues That Affect the Real Estate Market

Eppraisal

Buying and selling property is a big event for those gaining the asset and for those making money on the deal. Yet it is another day at the office for realtors, lenders, attorneys and title agencies. Still, the way these transactions go down goes well beyond the immediate participants. An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges.

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Graysbrook Capital gears up for a big 2023

Mortgagebroker News

After its recent expansion into Ontario, the lender is doubling down on its high service levels and broker-focused approach for next year

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South Shore Real Producers Features Anthony Lamacchia

Lamacchia Realty

The South Shore Real Producers Magazine featured Anthony Lamacchia in their December 2022 issue. The article discusses how Anthony built his business and his aspirations for it in the years to come. Read the entire article, below. . South Shore Real Producers Features Anthony Lamacchia. December 6, 2022. No Comments. The South Shore Real Producers Magazine featured Anthony Lamacchia in their December 2022 issue.

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San Diego Real Estate Market—Stats And Trends In 2022

BiggerPockets

The San Diego metropolitan area features a robust housing market—with some of the highest historical rent and price appreciation in the United States. Anchored by a growing economy, low unemployment, […].

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How alternative solutions can help brokers and their clients in 2023

Mortgagebroker News

Panel on what mortgage professionals need to keep in mind about the alternative market next year

Clients 69
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From Line Cook to Long-Term Investor with 32 Wholesale Deals

BiggerPockets

Hard work comes with everything, and real estate is no exception. To achieve success, you must be willing to work hard and continue to work hard even when things get […].

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Toronto home sales plummet year-over-year in November

Mortgagebroker News

Activity was down by nearly 50% compared with the same time last year

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Appraiser Spotlight: Callie Saumweber

Clear Capital

– Tell us about yourself. How long have you been in the industry? Like many appraisers, I came to this industry through family connections. My father and older brothers were appraisers, so as far back as I can remember, the appraisal world surrounded me. I worked in the family office in high school and college, completed appraiser licensing courses, became licensed in 1999, and Certified Residential in 2006. – What do you like about working with Clear Capital the most?

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How much have building permit values changed?

Mortgagebroker News

Statistics Canada releases latest construction intention numbers

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Is Buying a Short Term Rental in Colorado Springs a Good Idea in 2023?

Mashvisor

What will short term rental Colorado Springs look like in 2023? Is it a market worth looking into the coming year? What can investors expect?

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Is the Calgary housing market on the mend?

Mortgagebroker News

Regional real estate board unveils November numbers

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Fannie Mae changes underwriting to help ‘credit invisible’ borrowers

Housing Wire

Fannie Mae announced on Tuesday that it will make changes to its automated underwriting system in order to expand mortgage loan eligibility and simplify the loan process for underserved borrowers without credit scores. The enhancements are slated to roll out in mid-December and will include an update to borrower eligibility criteria to align with Fannie Mae’s standard selling guide requirements for loans in which the borrower has no credit score, according to a press release from the government

Lending 383
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How to motivate your workforce

Mortgagebroker News

Tactics to make staff truly care about coming into work

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Broker group calls on FHFA to spike upcoming cash-out refi fee

Housing Wire

The chorus of mortgage brokers who are calling on the Federal Housing Finance Agency (FHFA) to remove a targeted cash-out refinance fee is growing louder. The National Association of Mortgage Brokers wants the housing regulator to consider removing the loan level pricing adjustments related to cash-out refinances, which can be up to 75 basis points when the pricing adjustments take effect on February 1, 2023.

Finance 370
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How is the Montreal housing market faring?

Mortgagebroker News

QOAREB's latest figures shed some light

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Lamacchia Realty Announces Top Producing REALTORS® for November 2022

Lamacchia Realty

Lamacchia Realty, Inc. has released their “Top Producing REALTORS®,” for November 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! November 2022 Winners of the Top 10 for the Company are: Eileen Doherty grew up in Woburn and resides in the area to this day.

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How do BDMs fit in the greater scheme of things?

Mortgagebroker News

"They're the ones out there helping our partners"

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

As year-end is approaching, we reflect on the past year and look ahead to the future. We’re grateful to work across several states and with so many great clients! In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started.

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How to Ensure you are Properly Protected when Purchasing a Property in the Sunshine State

Lamacchia Realty

HOW TO ENSURE YOU ARE PROPERLY PROTECTED WHEN PURCHASING A PROPERTY IN THE SUNSHINE STATE . Florida Insurance TODAY with Kandie Landers. Listen, we all want a piece of paradise, including myself.  That was one of the main attractions for me to move from my home state of Colorado, was to escape the cold winters and not have to bundle up in three layers when I wanted to go out for a run during the winter months.

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Seattle’s Storied History With the Craftsman Home 

Will Springer Realtor

Jud Yoho is a special – yet, obscure – name in Seattle history. He helped revolutionize traditional home living and kick-started a new form of consumerism from his introduction to our area of the Craftsman home. The American Craftsman was a style of Bungalow that originated in the late 1800s by Gustav Stickley, who plied his skills as a woodworker in the Northeastern U.S.

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ClearCast Podcast E32 — Inspectify CEO & Co-Founder, Josh Jensen

Clear Capital

Follow ClearCast on LinkedIn , Twitter , Facebook , and Instagram. EPISODE SUMMARY. Your ClearCast hosts, Kenon Chen and Jeff Allen, discuss the state of the market and the largest single-day drop in mortgage rates since the 1980s. Then, they sit down with Josh Jensen , the CEO and Co-Founder of Inspectify , who shares Inspectify’s mission and some wisdom for aspiring founders.

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Builders pull back on single-family construction in most counties

Housing Wire

After the onset of the COVID-19 pandemic, the annual growth rate in most counties for single-family building jumped from mid-single digit annual growth rates to yearly growth rates in the teens to even high-30% range. However, that has changed in recent months. Single-family building in large metro outlying counties and exurban areas has waned in the last 12 months, according to the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the third quarter of 2022. .

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Single-Family Construction Slows in Post-Covid Hot Markets

Eyes on Housing

The most recent Home Building Geography Index (HBGI) shows that single-family home building slowed down its pace in the exurban areas, which experienced strong growth since the pandemic. Both high mortgage rates and supply-chain disruptions have put a damper on the housing market. The growth rate of single-family construction in large metro outlying counties went down to negative 4.4% in.