Housing Wire

DECEMBER 9, 2021

Mortgage rates decreased one basis point to 3.10% in the week ending Dec. 9, remaining low and stable despite tighter housing supply and affordability, according to the latest Freddie Mac PMMS mortgage report. A year ago at this time, the average 30-year fixed-rate loan averaged just 2.71%, according to the report published on Thursday. Sam Khater, Freddie Mac’s chief economist, said in a statement that rates have moved sideways over the last several weeks, fluctuating within a narrow range.

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Appraisal Buzz

DECEMBER 9, 2021

Tavant , a digital lending technology provider, is partnering with LogRocket , a data and analytics company, to enhance consumer lending experiences for American homebuyers. Tavant’s AI-powered consumer lending platform – V?LOX – provides differentiated, customer-centric lending experiences. These data and analytics enhancements enable mortgage providers to identify how their lending process can better satisfy borrowers’ unique expectations.

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Housing Wire

DECEMBER 9, 2021

The American Land Title Association saw a 32.5% year-over-year increase in title insurance premium volume during the third quarter of 2021 according to ALTA’s Market Share Analysis , published on Thursday. During Q3 2021, the title insurance industry generated $6.8 billion in title insurance premium, marking the industry’s best quarter on record. Every state besides Oregon, which saw a miniscule 0.7% year-over-year decrease, saw an increase in volume as compared to the same time period last year

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Sacramento Appraisal Blog

DECEMBER 9, 2021

Are you getting into the holiday spirit? I’m not there yet, but I’m hoping to find my way there. I mean, I did see the Foo Fighters play this week and that was incredible. But it didn’t really catapult me into holiday cheer either. Anyway, I’m open to ideas if you have some. For now […].

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Housing Wire

DECEMBER 9, 2021

Homeownership is one of the best ways for consumers to build wealth. Having equity increases net worth, allowing people to build long-term wealth that can be passed down through generations. Unfortunately, the path to homeownership isn’t always readily accessible to everyone. For those in marginalized communities, it can be much more challenging to achieve the American dream of homeownership.

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Appraisal Buzz

DECEMBER 9, 2021

Redfin, the technology-powered real estate brokerage, reported median sale prices rose to a record high although the number of homes for sale fell to an all-time low. Homebuying demands are projected to slow in the coming winter months, as it may return to a more typical seasonal trend as the share of homes sold in … The post Housing Demands to Slow in Winter Months appeared first on DSNews.

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Appraisal Buzz

DECEMBER 9, 2021

Redfin reported median sale prices rose to a record high even as the number of homes for sale fell to an all-time low. Homebuyer demands is projected to slow in the coming winter months, as it may return to a more typical seasonal trend, Redfin reports that the share of homes sold in one week … The post Median Home Sale Prices Rise To Record High appeared first on theMReport.com.

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Housing Wire

DECEMBER 9, 2021

The HousingWire award spotlight series highlights the companies that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Tech100 award are now open through next Friday, December 17, 2021. Click here to submit your company. With the remaining COVID-19 forbearances expected to expire by the end of the year, many servicers will be tasked with finding solutions to support the estimated 1 million homeowners still in forbearance.

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Technology Legal Tools Clients 395

Appraisal Buzz

DECEMBER 9, 2021

Financial services vet joins PennyMac to lead the company’s recruiting and human resources efforts. The post Jenny Rhodes Tapped to Lead HR for PennyMac appeared first on theMReport.com. The post Jenny Rhodes Tapped to Lead HR for PennyMac appeared first on Appraisal Buzz.

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GoForrmz

DECEMBER 9, 2021

Streamline your workflow end-to-end with these seamless integrations Connect GoFormz with your other business applications and automatically route your data wherever it needs to go. Leverage GoFormz as the front end of your operation’s data capture, allowing your team to enter information into the form they recognize and instantly route information to connected platforms, databases, dashboards, and more.

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Business 78

Appraisal Buzz

DECEMBER 9, 2021

On Wednesday CoreLogic reported that prices in October were up 18 percent on an annual basis, the highest level in more than 45 years and identical to the gain in September. On Thursday, the company put those gains in perspective. That perspective, contained in its Homeowner Equity Report, is a massive $3.2 trillion gain in home equity during the third quarter of this year.

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Lamacchia Realty

DECEMBER 9, 2021

Lamacchia Realty’s Business Development Team continues to grow with the latest addition of well-known Worcester area REALTOR® Jason Pincomb. While he has only been with the company since March of 2021 , Jason quicky acclimated to the Lamacchia Realty culture and community it is known for. With nearly 15 years of industry experience, Jason thoroughly understands all the highs and low that come with being a REALTOR®.

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Appraisal Buzz

DECEMBER 9, 2021

CoreLogic , a global property information, analytics and data-enabled solutions provider, has released the Homeowner Equity Report for the third quarter of 2021. The report shows U.S. homeowners with mortgages – which account for roughly 63% of all properties – have seen their equity increase by 31.1% year over year, representing a collective equity gain of over $3.2 trillion, and an average gain of $56,700 per borrower, since the third quarter of 2020.

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Berkshire Hathaway

DECEMBER 9, 2021

1. Not Creating a Virtual Tour of Your Newly Staged Listing. The only thing worse than having your friends lie about how much they like your home staging is not showing off your hard work online. These days, that means virtual tours. The only problem is that they can be very expensive. 2. Staging With Furniture That Is Too Large for the Space. Be sure to match the size of your furnishings to the scale of your home.

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Appraisal Buzz

DECEMBER 9, 2021

It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and state-level protections have expired, it has been found that renters were three times more likely than homeowners to miss payments this fall.

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Berkshire Hathaway

DECEMBER 9, 2021

If you’re planning to sell your house this winter, you’ll want it to look its best inside and out. Take the time and focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. 1. Make it Inviting. Open blinds and curtains to let light in. Check lightbulbs and replace them as needed. Take down personal items or family photos.

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Decorating Real Estate Buyers Home Improvement 67

Appraisal Buzz

DECEMBER 9, 2021

It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and state-level protections have expired, it has been found that renters were three times more likely than homeowners to miss payments this fall.

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Mortgage Appraisal Marketing 195

Mashvisor

DECEMBER 9, 2021

When you’re an investor looking to purchase a residential income property, one thing you need to look out for is whether the property already has a tenant.

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Tenants Investors Property Management Landlords 69

Appraisal Buzz

DECEMBER 9, 2021

ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for November which has found that there was a total of 19,479 properties with foreclosure filings against them, down 5% from October but up 94% from a year ago. This increase marks the seventh consecutive monthly increase year-over-year. The news was not completely unexpected as the federal foreclosure moratorium has now been over for four months and forbearance plans come to … The post Foreclo

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BiggerPockets

DECEMBER 9, 2021

There are many ways to fund your nest egg. You could outright save, or you could invest in index funds, rental properties, or short-term rentals like today’s guest, Charlotte from […].

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Finance Investing 55

Appraisal Buzz

DECEMBER 9, 2021

The results of Freddie Mac ’s Primary Mortgage Market Survey (PMMS) show that the 30-year fixed-rate mortgage (FRM) averaged 3.10%. “Mortgage rates have moved sideways over the last several weeks, fluctuating within a narrow range,” says Sam Khater, Freddie Mac’s chief economist. “Going forward, the path that rates take will be directly impacted by more information about the Omicron variant as it is revealed and the overall trajectory of the pandemic.

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Mortgage Appraisal Marketing 195

Berkshire Hathaway

DECEMBER 9, 2021

Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. 1. Know Your Score. Your credit score and history play a role in your future loan. Know your score, what impacts it and how to build strong credit, 2. Organize Your Documents. Gather tax returns, bank statements, and more so that the information is readily accessible when you’re ready. 3.

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Mortgage Real Estate Agents 53

Appraisal Buzz

DECEMBER 9, 2021

Jason Bousliman and Andrew J. Boylan of McCarthy & Holthus LLP break down a recent New Mexico Court of Appeals opinion related to foreclosures and forbearance, and its impact on servicers and industry stakeholders. The post Statutes of Limitation in the Land of Enchantment appeared first on DSNews. The post Statutes of Limitation in the Land of Enchantment appeared first on Appraisal Buzz.

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Appraisal 195

Berkshire Hathaway

DECEMBER 9, 2021

Just when we thought that we were seeing a light at the end of the housing shortage tunnel, we have received another blow. According to Housing Wire, “During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.” It&

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Inventory New Listings Buyers Marketing 52

Appraisal Buzz

DECEMBER 9, 2021

With rates dropping slightly to 3.10%, a strengthening economy and improvements in employment numbers are two factors that will drive a strong housing market into 2022. The post Mortgage Rates Remain Low and Stable appeared first on theMReport.com. The post Mortgage Rates Remain Low and Stable appeared first on Appraisal Buzz.

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Mortgage Housing Market Appraisal Marketing 195

Mashvisor

DECEMBER 9, 2021

Despite the continuing pandemic, investing in Airbnb still appears to be a profitable idea.

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Investing Investors 69

Appraisal Buzz

DECEMBER 9, 2021

With a focus on expansion of its SFR market, Pretium adds experienced real estate investor to oversee acquisitions and asset management. The post George Lane Joins Pretium as Managing Director of Real Estate appeared first on DSNews. The post George Lane Joins Pretium as Managing Director of Real Estate appeared first on Appraisal Buzz.

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Real Estate Investors Appraisal Marketing 195

Mashvisor

DECEMBER 9, 2021

The steps to buying a condo for the very first time can seem stressful.

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Investors Investing Real Estate 69

Mortgagebroker News

DECEMBER 9, 2021

Demand will likely cool in 2022 due to steadily deteriorating affordability, it says

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Eppraisal

DECEMBER 9, 2021

It is December and it's still a hot real estate market for sellers. This past year we have experienced an unprecedented lack of real estate inventory available for sale leaving pent-up buyer demand. Houses are selling in record time and prices have risen at unbelievable rates; homeowners are experiencing nice increases in home values. Buyers lost out on homes because of other buyers and investors paying cash.

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Sellers Buyers Home Value Insurance 36

Mortgagebroker News

DECEMBER 9, 2021

Average mortgage growth among the Big Six banks has accelerated over the last few quarters

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Mortgage 64

Housing Wire

DECEMBER 9, 2021

Investment bank Goldman Sachs , through its affiliate Goldman Sachs Mortgage Co., has sponsored 18 private-label transactions so far in 2021 backed by more than 20,000 loans valued collectively at $9.9 billion, an analysis of bond-rating reports shows. Goldman Sachs’ string of residential mortgage-backed securities (RMBS) offerings this year were dominated by a dozen prime jumbo-loan deals backed by loan pools valued at $7.7 billion.

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Mortgage Marketing Tools Investing 407

Mortgagebroker News

DECEMBER 9, 2021

Many sales in November have been completed following an overbidding process, says real estate association

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Real Estate Marketing 60

Eyes on Housing

DECEMBER 9, 2021

According to the latest Annual Builder Practices Survey (ABPS), one in four new single-family detached homes were built in established neighborhoods in 2020. This includes 19% of new homes that were built on infill lots and 6% that involved tearing down an old building prior to building a brand new single-family detached home. These shares vary significantly across the United.

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Development 194