Thu.Dec 30, 2021

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The secondary market is primed to rise in 2022

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.

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Mortgage Rates Rose Slightly During the Last Week of 2021

Appraisal Buzz

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.11%. “Mortgage rates have effectively been moving sideways despite the increase in new COVID cases. This is because incoming economic data suggests that the economy remains on firm ground, particularly cyclical industries like manufacturing and housing.

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Top Posts of 2021: Material Shortages

Eyes on Housing

With the end of 2021 approaching, NAHB’s Eye on Housing is reviewing the posts that attracted the most readers over the last year. In May, Paul Emrath reported on data concerning supply shortages for builders. Shortages of materials are now more widespread than at any at any time since NAHB began tracking the issue on a regular basis in the.

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Survey: 1 in 4 Severely Underestimate This Home Improvement Cost

Appraisal Buzz

Facing stiff competition from homebuyers eager to get into their first house, more homeowners are taking an interest in do-it-yourself projects to fix or upgrade their home instead of trying to find something new. But home improvement projects take an input of time, money, and skills—things that not all buyers have handy before starting a … The post Survey: 1 in 4 Severely Underestimate This Home Improvement Cost appeared first on DSNews.

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82% of Unmarried Couples Prefer Homes Over Big Weddings

Empire Appraisal Group

82% of Unmarried Couples Prefer Homes Over Big Weddings. By Kerry Smith. Homeownership remains an American dream, perhaps more so as first-time buyers face escalating challenges. A Harris Poll found younger Americans (age 18-44) are more likely to consider homeownership an important financial goal (45%) than older, 55+ adults (30%). MADISON, N.J. – The American Dream remains, even if many potential buyers find it challenging to find a home.

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HouseCanary Names New CFO

Appraisal Buzz

HouseCanary Inc., a national brokerage known for its real estate valuation technology and , today announced Greg Straughn has joined the company as Chief Financial Officer. Straughn will oversee the financial, accounting, and investor relations functions for HouseCanary. Straughn is a veteran technology industry finance executive with more than 30 years of experience driving growth and strategic development.

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More Trending

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Top Improvement Trends Homeowners for the New Year

Appraisal Buzz

Neighborly recently released a list of expert-recommended and trending home service projects for homeowners to prioritize in 2022, serving as a guide for the upcoming year. The list of 2022 home service trends is provided in the form of actionable items that any homeowner can look into, along with calling out those projects that are … The post Top Improvement Trends Homeowners for the New Year appeared first on theMReport.com.

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BiggerPockets Money Podcast 262: Prenups, Projects, Prolific Spending, and Planning for 2022 w/ Carl & Mindy Jensen

BiggerPockets

Mindy may seem like a financial superhero to most listeners of the Money Podcast, but she’s nothing without her financial education inspiring partner, Carl Jensen. Carl is known quite well […].

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The Nation’s Most Expensive Zip Codes

Appraisal Buzz

Atherton, California’s 94027 is the nation’s most expensive zip code, where the least expensive home on the market is currently listed at $5 million. The post The Nation’s Most Expensive Zip Codes appeared first on theMReport.com. The post The Nation’s Most Expensive Zip Codes appeared first on Appraisal Buzz.

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CMLS enters the HELOC game

Mortgagebroker News

The lender has launched a new product following extensive consultation with its broker community

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Inflation Impeding Prospective Home Buyers and Sellers

Appraisal Buzz

A new report from Redfin has found that nearly 10% of survey respondents are cancelling their plans to buy or sell a home due to inflation. The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on theMReport.com. The post Inflation Impeding Prospective Home Buyers and Sellers appeared first on Appraisal Buzz.

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If you like what you do, it doesn’t feel like work

Mortgagebroker News

Mortgage leader and author provides valuable insights into how to be a "better broker"

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Small Metros in Outdoor Areas Popular in 2021

Appraisal Buzz

The doozy of a year that the real estate market experienced in 2021 did not just include homeowners, but renters as well with Redfin finding that the average rent kept up rising real estate prices and increased 21% nationally last year. But due to the COVID-19 pandemic’s remote work phenomenon, rent prices in smaller, outdoorsy metropolitan areas surged even higher.

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Create a Backyard Oasis: Today's Popular Features

Eppraisal

As the holidays draw to a close and spring is not far behind, homeowners begin to consider adding features to their outdoor and backyard living spaces. Creating simple, inexpensive or more elaborate and more costly popular features will all add to your overall home value. The Front of Your Home You can easily add an enjoyable sitting or reading area to the front of your home.

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New Survey Reveals How SFR Investors Utilize Data

Appraisal Buzz

A new report by PlanOmatic found that nearly 25% of survey respondents use data collected onsite for property maintenance. The post New Survey Reveals How SFR Investors Utilize Data appeared first on DSNews. The post New Survey Reveals How SFR Investors Utilize Data appeared first on Appraisal Buzz.

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New Year’s Resolutions and Goals for Silicon Valley Real Estate Purchase, Sale, Remodeling

San Jose Real Estate

New Year's Resolutions and Goals for Silicon Valley Real Estate Purchase, Sale, Remodeling.

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Rental Markets Around Natural Attractions Remain Red Hot

Appraisal Buzz

The doozy of a year that the real estate market experienced in 2021 did not just include homeowners, but renters as well with Redfin finding that the average rent kept up rising real estate prices and increased 21% nationally last year. But due to the COVID-19 pandemic’s remote work phenomenon, rent prices in smaller, outdoorsy metropolitan areas surged even higher.

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BiggerPockets Airbnb Calculator Review

Mashvisor

Being a successful real estate investor requires finding the best investment property with the biggest return and doing so swiftly and effectively before somebody else.

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Pending Home Sales Slide 2.2% in November

Appraisal Buzz

Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation. The post Pending Home Sales Slide 2.2% in November appeared first on theMReport.com. The post Pending Home Sales Slide 2.2% in November appeared first on Appraisal Buzz.

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5/1 ARM Loan: What investors should know

Mashvisor

Buying a home is one of the most – if not the most – expensive purchases any person will make.

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Homes Became Less Affordable in Fourth Quarter as Prices Continue to Climb

Appraisal Buzz

ATTOM ’s fourth-quarter 2021 U.S. Home Affordability Report shows that median-priced single-family homes are less affordable in the fourth quarter compared to historical averages in 77% of counties across the nation with enough data to analyze. That’s up from just 39% of counties that were historically less affordable in the fourth quarter of 2020, to the highest point in 13 years, as home prices continue rising faster than wages throughout much of the country.

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