Housing Wire
APRIL 21, 2022
Mortgage originator and servicer Mr. Cooper Group announced on Thursday that it is promoting two of its own into executive vice president roles. Jaime Gow will hold the president of executive vice president and chief financial officer position. Meanwhile, Ethan Elzen will be the executive vice president of business development and operational finance. .
Cleveland Appraisal Blog
APRIL 21, 2022
It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. Is that the case? Can that be the case? Let’s talk about it. The homeowners of one property stated that their neighbors are a nuisance. My clients said that one of their neighbors has people coming and going until late in the evening, most evenings.
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Appraisal Buzz
APRIL 21, 2022
Freddie Mac ’s Primary Mortgage Market Survey (PMMS) results show that the 30-year fixed-rate mortgage averaged 5.11% with an average 0.8 point as of April 21, 2022, up from last week when it averaged 5%. A year ago at this time, the 30-year FRM averaged 2.97%. “Mortgage rates increased for the seventh consecutive week, as Treasury yields continued to rise,” observes Sam Khater, Freddie Mac’s chief economist.
Eyes on Housing
APRIL 21, 2022
Buyers’ expectations of housing availability continue to worsen. At its peak in the 4th quarter of 2020, 36% expected the home search to get easier in the months ahead. After five straight drops, the share is now 17% – a level not seen since 2018. In contrast, 74% expect the search for a home to get harder/stay the same. Buyers’.
Appraisal Buzz
APRIL 21, 2022
Mr. Cooper Group Inc. has announced the appointment of Jaime Gow as Executive Vice President and Chief Financial Officer. Gow succeeds Chris Marshall, who has served as Vice Chairman and President since June 2021. As CFO, Gow will continue to report to Marshall. Gow joined Mr. Cooper Group in 2019 as SVP Accounting, Financial Planning … The post Mr.
Eyes on Housing
APRIL 21, 2022
Buyers’ expectations for housing affordability continue to sour. In the first quarter of 2022, 81% said they could afford less than half the homes for-sale in their markets – the highest share since before the pandemic. At its lowest point in the 4th quarter of 2020, 63% of buyers expected to afford <50% of the homes available. On the other.
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Eyes on Housing
APRIL 21, 2022
Nonfarm payroll employment increased in 34 states and the District of Columbia in March compared to the previous month while 16 states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 431,000 in March, following a gain of 750,000 jobs in February. On a month-over-month basis, employment data was strong in California, which.
Appraisal Buzz
APRIL 21, 2022
ATTOM , parent company to RealtyTrac , has released its Q1 2022 U.S. Foreclosure Market Report, which shows a total of 78,271 U.S. properties with a foreclosure filing during the first quarter of 2022, up 39% from the previous quarter and up 132% from a year ago. The report also shows a total of 33,333 U.S. properties with foreclosure filings in March 2022, up 29% from the previous month and up 181% from a year ago.
Riverfront Appraisals
APRIL 21, 2022
When’s the last time you picked up the phone and called an appraiser? Maybe you had a question about how to adjust for an inground pool. Maybe you had a problem and the home didn’t appraise at the sale price. Do you ever communicate with the appraiser? While most appraisers and Realtors have good […]. The post The Realtor’s Guide to Appraisals Part 5: Tips on Communicating with the Appraiser appeared first on Riverfront Appraisals.
Appraisal Buzz
APRIL 21, 2022
Experts will share their insight on how technology will further scale and drive efficiency in digital lending in an upcoming installment of the Five Star Institute Webinar Series. The post How Tech Is Altering the Face of the Mortgage Space appeared first on DSNews. The post How Tech Is Altering the Face of the Mortgage Space appeared first on Appraisal Buzz.
JMV Lending
APRIL 21, 2022
We can close conforming (Fannie/Freddie) loans in 12 CALENDAR days – easily – IF we get a “Property Inspection Waiver,” aka PIW aka Appraisal Waiver. Savvy agents know this – so they often ask us to run “DU” (Fannie Mae’s automated underwriter) with the property address before they make an offer. If DU gives us […]. The post 12 Day Close With Appraisal Waiver; CHECK ADDRESS PRIOR TO OFFERS!
Appraisal Buzz
APRIL 21, 2022
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for March and the first quarter of 2022 which has found that there was a total of 33,333 properties with foreclosure filings against them, up 29% from February (which saw 25,833 filings) and up 181% from a year ago. Foreclosure activity has now surpassed numbers seen … The post Foreclosure Activity Increases for Eleventh Consecutive Month appeared first on DSNews.
Empire Appraisal Group
APRIL 21, 2022
Listing Prices Hit Highest Median Ever. Source: Listing Prices Hit Highest Median Ever | Realtor Magazine. Listing prices rose to a median of $405,000 in March, an all-time high, according to realtor.com®’s latest Monthly Housing Trends Report. However, economists say that buyers may soon see relief with expectations of more inventory coming that could help relieve some of the pricing pressures.
GoForrmz
APRIL 21, 2022
Leverage digital forms in conjunction with Automated Workflows to establish a paperless work environment Paper forms add copious amounts of obstacles in the workplace, from tedious manual tasks to costly form delivery and delays. Adding to the administrative burdens generated by paper forms, paper is extremely wasteful – significantly impacting our environment.
Lamacchia Realty
APRIL 21, 2022
6 WAYS TO KEEP TOYS FROM TAKING OVER YOUR HOME. Kids and toys are a package deal. Pets and toys are too. And neither one of them cares as much about having an organized home as you do. Plus, with everyone spending more time together at home, it doesn’t take much for the clutter to pile up. So here are a few tips to help you stay ahead of the mess and keep your home looking more like a design blog than a toy catalog. 1.
Mashvisor
APRIL 21, 2022
The one thing that can make or break a real estate investment is location. It is why a heatmap analysis is very important for any real estate investor.
Mortgagebroker News
APRIL 21, 2022
"Some will use it for a better work-life balance, and some are going to use it to double their books of business"
Mashvisor
APRIL 21, 2022
If you have an Airbnb for rent and are determined, focused, and prepared, you can avoid common pitfalls and secure yourself a successful business.
Buys Brokers Only LLC
APRIL 21, 2022
In Revere, Massachusetts, a Suffolk County city that borders East Boston to the north, homebuyers experienced declining inventory and rising home prices during March 2022 and the first quarter. The following are seven things for homebuyers to know about the Revere real estate market.
BiggerPockets
APRIL 21, 2022
Index funds and rental properties are at opposite ends of the investing spectrum. On one side, you have highly diversified, almost entirely passive index funds. On the other, you have […].
Mortgagebroker News
APRIL 21, 2022
The national housing agency said improving employment and immigration are set to play a crucial role
San Jose Real Estate
APRIL 21, 2022
What happens at an appraisal? The property is taped and photographed. The appraiser may have questions about the home or the sale.
Mortgagebroker News
APRIL 21, 2022
The rezoning will also significantly increase the value of the areas' public assets, proponents say
BiggerPockets
APRIL 21, 2022
We all know that this is the hottest real estate market ever. Period. No other time in the history of the universe has it been this hot. We also know […].
Mortgagebroker News
APRIL 21, 2022
The company, which already serves the Ontario market, has expanded to Canada’s westernmost province
Clear Capital
APRIL 21, 2022
Story by Joe Burns. Reggora, an appraisal management software company, announced today partnering with national real estate valuation company Clear Capital to offer valuation quality control services, according to a press release. The release states that by integrating Reggora’s appraisal management platform with document review platform ClearCollateral Review (CCR), the solution will further accelerate appraisals and make the review process “significantly more efficient.”.
Mortgagebroker News
APRIL 21, 2022
The Bank of Canada's substantial rate increases will put a damper on housing activity
Lamacchia Realty
APRIL 21, 2022
Famous for its presence on advertising and billboards and around the state, “BUY SELL JOIN®” has officially been trademarked for Lamacchia Realty! As a full-service, value-based brokerage, Lamacchia Realty is thrilled to have the slogan they have been using for many years finally trademarked. “BUY SELL JOIN®” speaks to the company’s mission ; guiding buyers, sellers, and REALTORS® alike to their success.
Mortgagebroker News
APRIL 21, 2022
One market proved to be disproportionately expensive compared to the rest of the country
Housing Wire
APRIL 21, 2022
The HousingWire award spotlight series highlights the individuals who have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Women of Influence award are now open through Friday, April 29, 2022. Click here to nominate someone you know — it can even be you! As interest rates continue to climb and mortgage applications decline , many in the industry are dreading what’s to come for lenders.
Mortgagebroker News
APRIL 21, 2022
The city is seeing intensified competition, particularly in its "Class AA" segment
Housing Wire
APRIL 21, 2022
Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. That these homebuying juggernauts now balk at buying in the market niche that a decade ago provided many of them with their entrée into real estate is somewhat ironic.
Mortgagebroker News
APRIL 21, 2022
It's all change in what is lining up to be an epic battle worth billions
Housing Wire
APRIL 21, 2022
Zachary Mannheimer, founder and CEO of Alquist 3D. Andrew McCoy sees a future home that involves three-dimensional printers. “Let’s say someone decides they want a new faucet for their home,” said McCoy, a professor at the Virginia Center for Housing Research, who helped complete the first 3-D printed home in the U.S. “They go to Home Depot , scan a QR code, and out prints a new faucet.”.
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