Housing Wire
NOVEMBER 1, 2022
As mortgage rates hit 7% and above, loan officers are seeing new borrowers increasingly interested in options that can help reduce their initial mortgage payments. These borrowers are hoping that rates will decline enough in the next few years that a refinance will bring their payments down permanently. Options for borrowers include temporary rate buydowns and down payment assistance programs.
The Appraiser Coach
NOVEMBER 1, 2022
Language is important. We often get so caught up in the moment, so laser-focused on how we feel about something, that we become casual in the verbiage that we use. Read More.
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Housing Wire
NOVEMBER 1, 2022
Last year, Rocket Mortgage , America’s top mortgage lender, benefited greatly from record low mortgage rates — racking up more than double the refi volume of any lender. . But with rates rapidly climbing past the 7% level, the Detroit-based lender is now in a tough spot as it attempts to pivot to purchase mortgages and persuade its customers to get cash-out refis – all while trying to cut costs through voluntary buyouts and attrition, the Wall Street Journal reported in a deep dive published Tue
Sacramento Appraisal Blog
NOVEMBER 1, 2022
The housing market is really starting to feel the pain of higher mortgage rates. Today I’d like to unpack some fresh October stats to show what I mean. I also have some thoughts about the spring season when prices are dropping. Whether you’re local or not, I hope this is helpful. This post is designed […]. The post The housing market is feeling the pain of higher rates first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.
Housing Wire
NOVEMBER 1, 2022
Mortgage tech firms Mortgage Coach and Polly have teamed up on a new application programming interface (API) integration that guides borrowers through a visual representation of their loan options. The goal is to help drum up business for lenders during an extremely challenging time in the industry. . Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan option
Eyes on Housing
NOVEMBER 1, 2022
Higher interest rates are pricing out some (not all) buyers, but also transforming remaining prospects into active buyers. In the third quarter of 2022, 59% of prospective buyers had moved beyond the planning phase and become fully engaged in the buying process, up from 46% in the first quarter and 49% in the second quarter of the year. The share.
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GoForrmz
NOVEMBER 1, 2022
How to find GoFormz at GroundBreak 2022 We are so excited to be attending Groundbreak in New Orleans, this November 7-9, 2022! Before you gear up for the event, we want to help you find GoFormz this year. With 120+ vendors and sessions, planning is a must for a successful Groundbreak experience. We’re dedicating our time at Groundbreak to share how our GoFormz-Procore integration can improve and automate your everyday tasks.
Housing Wire
NOVEMBER 1, 2022
HW Media Update. Starting in 2018, HW Media started focusing on events for marketers with Engage Marketing. In 2022 this tradition was continued with the Marketing Leader Success Summit at HousingWire Annual in Scottsdale. In this update Clayton Collins and Jennifer Laws talk about HW Media, our audience, the growth that HW Media has experienced in the past few years and how that matters to marketers.
Eyes on Housing
NOVEMBER 1, 2022
The count of open, unfilled jobs for the overall economy increased in September, rising from 10.3 million open positions to 10.71 million. This represents a small increase from a year ago (10.67 million). This increase occurs despite signs of a slowing economy amidst aggressive monetary policy tightening by the Fed. The hotter than expected labor market data pushed the 10-year.
Housing Wire
NOVEMBER 1, 2022
Caliber Home Loans is suing another direct competitor for raiding its talent pool, accusing rival Union Home Mortgage of trying to “cripple” its retail mortgage operation in the Southeast. On Oct. 24, the Dallas-based lender filed a lawsuit against Union Home Mortgage and Kevin Cario, a former regional manager, for allegedly raiding 51 employees that produced $400 million in mortgages in 2021, which generated a $1.4 million profit for Caliber.
Lamacchia Realty
NOVEMBER 1, 2022
For the second year in a row, Bea Murphy has officially qualified for the 2022 President’s Club ELITE by surpassing over $24 million in sales volume! Bea previously qualified for this prestigious distinction in 2021 and has also been a member of the President’s Club since 2019. Bea has had a busy 2022 so far having been named in the 2022 Boston Agent Magazine’s Who’s Who list and ranked in the 2022 RealTrends America’s Best Real Estate Professional s list.
San Jose Real Estate
NOVEMBER 1, 2022
The Silicon Valley liquefaction zones cover much of the Bay Area and Santa Clara County, but the risks are often not well understood or investigated. We know that this is earthquake country and tremblers are to be expected. But what difference does it make where you live or work – won’t the whole valley be […].
BiggerPockets
NOVEMBER 1, 2022
There is no doubt that the real estate market has been a wild ride since the pandemic changed the normal course of our lives over two years ago. Lending did […].
Will Springer Realtor
NOVEMBER 1, 2022
There is nothing arguably more enjoyable than soaking in a moment with family, friends or that special someone in front of a warm fireplace to put that special touch on a lasting memory. Fireplaces are a common home amenity – especially in cooler parts of the country – and offer a unique aesthetic while delivering an energy alternative to traditional heat sources.
BiggerPockets
NOVEMBER 1, 2022
If early retirement seems out of reach right now, try semi-retirement. Once you get there, you’ll only be halfway to early retirement, just like today’s guest, Jessie Dillion. At only […].
Housing Wire
NOVEMBER 1, 2022
WorkWave, a cloud-based SaaS provider, announced Tuesday the acquisition of TaskEasy, a service provider for rental property owners. The acquisition aims to provide WorkWave field service customers with local service jobs, allowing them to grow their business while streamlining sales, marketing and advertising expenses. TaskEasy, meanwhile, will get access to WorkWave’s customer base, according to a statement from the company.
Clear Capital
NOVEMBER 1, 2022
The October 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 0.5 percent. Download the report , or read it below. Commentary by Brent Nyitray of The Daily Tearsheet. Home price appreciation decelerated again in October as the Clear Capital Home Data Index rose 0.5% quarter-over-quarter (QoQ) and 12.6% on a year-over-year (YoY) basis.
Valuation Nation
NOVEMBER 1, 2022
The following link is a blog that Woody Fincham, SRA, AI-RRS, ASA, ASA was quoted in. This is poste d with the owner of the blog’s permission. [link]. Sep 30, 2022. Share this story. Sellers have had their day (or rather, their year). Now, if you’ve been following the U.S. housing market and mortgage rates , you may have seen home prices in your area sliding downward like a slow-motion roller coaster.
Housing Wire
NOVEMBER 1, 2022
One of the most common misconceptions in the broader discussion of America’s housing crisis is that the rapid increase of the single-family rental (SFR) market is preventing prospective homeowners — especially younger homeowners — from attaining the American Dream. That is not the case, in fact, SFR properties serve as a critical housing “safety valve,” providing an intermediate step toward home ownership.
Eyes on Housing
NOVEMBER 1, 2022
Private residential construction spending was virtually unchanged in September, with spending on single-family construction dropping just 2.6%. The value of September private residential construction put in place was at an annual pace of $918 billion, about 12.7% higher compared to a year ago. The monthly decline is largely attributed to lower spending on single-family construction.
Housing Wire
NOVEMBER 1, 2022
Things were looking good for the Securing and Enabling Commerce Using Remote and Electronic Notarization (SECURE) Act as of late July after it passed in the House of Representatives as part of the National Defense Authorization Act. However, the bill’s momentum came to a halt in October after the SECURE Act was removed from the final version of the legislation.
Eppraisal
NOVEMBER 1, 2022
Today and Friday's posts will share our thoughts on hiring a property manager for your rental property. Today we'll discuss what they do, how much they typically charge and what to expect from them. On Friday, we'll discuss how to find the right property manager for you and your unique circumstances. Owning a rental home can be a welcome source of additional income.
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