Housing Wire

MARCH 2, 2022

So-called iBuyers purchased a total of 70,402 homes in 2021, more than doubling the number purchased in 2019, according to a report from Zillow released on Tuesday. The shopping spree, in a historically wild housing market, led to Zillow’s implosion and a lot of red ink on Opendoor’s books. Beyond just a record number of purchases by the iBuying companies, the number of completed home sales (44,933) also exceed the previous high from 2019 (28,265).

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Appraisal Buzz

MARCH 2, 2022

Today’s Buzzcast interview is with Jeremy Staudenmaier, 2022 Winner of the Valuation Visionary Award. We sat down with Jeremy and Joan Trice, Founder of Allterra Group, LLC to discuss what this award means to him and the impact within the appraisal industry this has. What is the example you want to set for the next Valuation Visionary? What are some of the current issues within the appraisal industry that need to be focused on more?

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Housing Wire

MARCH 2, 2022

It’s official: the mortgage industry has entered a purchase era , with refinance applications declining below 50% of the mix for the first time since June 2019, the Mortgage Bankers Association (MBA) reported on Wednesday. Mortgage applications decreased 0.7% for the week ending Feb. 25, as mortgage rates reached 4.15%. Compared to the same week one year ago, applications dropped 41.7%.

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Appraisal Buzz

MARCH 2, 2022

The allure, flexibility, and outright necessity of remote work during the pandemic bought major shifts to the housing market starting in 2022. Affluent Americans took advantage of market conditions to move out of pandemic hotspots (mainly cities) and flocked to the suburbs and beyond seeking a lower cost of living, larger properties, and a slower … The post Snowy Vacation Homes Near Resorts Outperform the Average Home appeared first on DSNews.

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Housing Wire

MARCH 2, 2022

I grew up in Houston, and I’ve seen the benefits and the pitfalls of real estate development in perhaps the most lightly regulated city in the United States — a place where developers don’t fret about complex building regulations, because such regulations simply don’t exist. The results are uneven, but can be inspiring. In the 1970s, for instance, Gerald Hines famously built the Transco Tower amidst wide-open farmland.

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Appraisal Buzz

MARCH 2, 2022

According to a new report from Redfin, the typical American homeowner in 2021 had spent 13.2 years in their home—down slightly from the peak of 13.5 years in 2020, but up significantly from 10.1 years in 2012. Homeowner tenure fell last year in part because so many Americans moved throughout the pandemic, with record-low mortgage rates motivating … The post Homeowner Tenure Highest in California Metros appeared first on DSNews.

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Appraisal Buzz

MARCH 2, 2022

This content is password protected. To view it please enter your password below: Password: The post Protected: Incenter Appraisal Management’s RemoteVal™ Prepares Lenders and Appraisers for Desktop Appraisals appeared first on Appraisal Buzz.

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Appraisal 195

George Dell

MARCH 2, 2022

Appraisers historically have been sold bogus franchises, software, and other magic solutions. Only $199.95 — Push the enchanted ‘calculate’ button and get ‘correct’ adjustments. Sounds good. It is nice to think that for this small charge, I can save hours and get the right, fully mathematical solution to an adjustment amount. I will be wonderful!

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Appraisal Buzz

MARCH 2, 2022

Staudenmaier Recognized for Leadership, Innovation and Professionalism. The Collateral Risk Network (CRN) announced today that Jeremy Staudenmaier, director of product management at ACI , a leading provider of workflow solutions for the valuation industry for nearly 40 years and a member of the First American family of companies, has been chosen as the CRN 2022 Valuation Visionary.

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Eyes on Housing

MARCH 2, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.3% in January after an increase of 2.2% in December 2021. Spending stood at a seasonally adjusted annual rate of $829.4 billion. Total private residential construction spending was 13.4% higher than a year ago. These monthly gains are attributed to the strong growth of spending.

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Appraisal Buzz

MARCH 2, 2022

TD Bank has launched TD Home Access Mortgage, a new product designed to increase homeownership opportunities in Black and Hispanic communities across several markets within the bank’s footprint. TD Home Access Mortgage provides prospective buyers with an affordable mortgage option, including a $5,000 lender credit which does not require repayment, that borrowers can use for closing costs or toward a down payment on a home purchase.

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Raleigh Realty

MARCH 2, 2022

Best Hiking Trails Raleigh, NC Are you searching for the best hiking trails in Raleigh? We have you covered with 10 of the best below We are a local real estate company that loves bringing you local content all around the Triangle Whether you're searching for homes, restaurants, or neighborhoods we have you covered. Without further ado, let's dive into the 10 best hiking trails in Raleigh William B.

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Appraisal Buzz

MARCH 2, 2022

BLOG VIEW: As the mortgage industry continues to face the challenge of increasing origination costs – not to mention margin compression and rising interest rates – it’s becoming imperative for lenders to evaluate their current cost to produce, from both a technology and personnel standpoint. Now is the time when CEOs and executives should be examining their technology production costs in comparison to their labor expenses with the aim of discovering ways to originate.

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GoForrmz

MARCH 2, 2022

Improve enterprise team collaboration with digital forms Paper forms can cause headaches for any company. Messy and inaccurate paper forms are not only a significant operational burden but result in high administrative costs. For enterprise companies, data collection can be fragmented amongst departments which leads to disorganized and cumbersome processes.

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Appraisal Buzz

MARCH 2, 2022

Former Founder of Next Gear Solutions tapped to lead recently established CoreLogic business unit focusing on workflow solutions for insurance carriers, restoration contractors, and more. The post Garret Gray Appointed President of CoreLogic Protect appeared first on DSNews. The post Garret Gray Appointed President of CoreLogic Protect appeared first on Appraisal Buzz.

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Mashvisor

MARCH 2, 2022

AirDNA has become one of the most popular short-term rental property analytics platforms on the internet—and today we’re going to answer the question on everyone’s minds: Is AirDNA worth it?

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Appraisal Buzz

MARCH 2, 2022

Colonial National Mortgage , a division of Colonial Savings F.A., has launched Encompass by ICE Mortgage Technology, a suite of comprehensive mortgage production solutions designed to enhance the borrower experience and streamline manufacturing processes. “We are moving from a legacy platform that has served us very well for many years,” says Sarah Boultinghouse, VP of business architecture. “We’ve seen dramatic innovation in our industry over the past 5-10 years and this

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Mashvisor

MARCH 2, 2022

In this blog, we will look into the price to rent ratio by city to help you decide where to invest in a traditional rental this year.

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Appraisal Buzz

MARCH 2, 2022

The typical American homeowner in 2021 had spent 13.2 years in their home, according to a new report from Redfin. That’s down slightly from the peak of 13.5 years in 2020 but up significantly from 10.1 years in 2012. Homeowner tenure flattened last year partly because so many Americans moved during the pandemic, with record-low mortgage rates encouraging homebuyers to dive into the market.

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Mashvisor

MARCH 2, 2022

With a lot of tourists visiting year-round, Airbnb Fort Lauderdale has all the makings of a lucrative Airbnb business.

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Appraisal Buzz

MARCH 2, 2022

The Market Composite Index, a measure of mortgage loan application volume, decreased 0.7% on a seasonally adjusted basis from one week earlier, according to data from the Mortgage Bankers Association ‘s (MBA) Weekly Mortgage Applications Survey for the week ending February 25, 2022. On an unadjusted basis, the index increased 1% compared with the previous week.

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Mortgagebroker News

MARCH 2, 2022

As interest rates rise, some borrowers are eyeing the security of fixed-rate products with terms longer than five years

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Mortgage 62

Appraisal Buzz

MARCH 2, 2022

Today’s Buzzcast interview is with Jeremy Staudenmaier, 2022 Winner of the Valuation Visionary Award. We sat down with Jeremy and Joan Trice, Founder of Allterra Group, LLC to discuss what this award means to him and the impact within the appraisal industry this has. What is the example you want to set for the next Valuation Visionary? What are some of the current issues within the appraisal industry that need to be focused on more?

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BiggerPockets

MARCH 2, 2022

Short-term rentals have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real […].

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Appraisal Buzz

MARCH 2, 2022

2/28/2022. On Wednesday, February 23rd, six organizations – American Society of Appraisers, American Society of Farm Managers and Rural Appraisers, Appraisal Institute, International Association of Assessing Officers, MBREA|The Association for Valuation Professionals , and National Society of Real Estate Appraisers, provided a statement in an email sent to Dr.

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Mortgagebroker News

MARCH 2, 2022

Across-the-board economic strength paved the way for the central bank’s first interest rate increase this year

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BiggerPockets

MARCH 2, 2022

Short-term rentals have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real […].

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Business Real Estate 51

Mortgagebroker News

MARCH 2, 2022

The city is now home to Canada's priciest market – but a slowdown of sorts could be in the cards

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Housing Market Marketing 63

Assurance Financial

MARCH 2, 2022

Why Market Adoption is Critical to the Success of Mortgage Process Digitization. Katherine Campbell, Chief Digital Officer at Assurance Financial, shares her tips for achieving mortgage process digitization and handling market adoption. Katherine Campbell, Chief Digital Officer at Assurance Financial who won the 2020 Housing Wire Tech Trendsetter award, shares her greatest success story in mortgage process digitization to date ahead of her session at PEX Live: Digital Mortgage Process 2022.

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Mortgagebroker News

MARCH 2, 2022

The central bank has changed its benchmark rate for the first time in almost two years

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Mashvisor

MARCH 2, 2022

Before you go out looking for the best place to buy condo in Florida, you might want to check out this investor’s guide to buying condos first.

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Mortgagebroker News

MARCH 2, 2022

The news marks the first time Canada's banking giants have raised prime rates since 2018

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Housing Wire

MARCH 2, 2022

HousingWire recently sat down with Polly CEO Adam Carmel to discuss how lenders can break old habits and redefine the mortgage process through innovation and modern, advanced tech. HousingWire: As lenders look to diversify their product offerings amid declining volume, what are some of the key challenges that come into play on the tech side? Adam Carmel: The intent when adding new products or channels is always to generate more revenue.

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Mortgagebroker News

MARCH 2, 2022

This is despite some quarterly slowdown registered during the tail-end of 2021

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Mortgage 63