Housing Wire
MARCH 18, 2022
The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 million. This level is still within my 2022 forecast sales range between 5.74 million and 6.16 million. Last year I discussed sales levels coming back down to 5.84 million and I am looking for more of the same in 2022, at the 5.74 million level.
Appraisal Buzz
MARCH 18, 2022
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Housing Wire
MARCH 18, 2022
Veteran mortgage executive Bill Dallas has left his position as president of Finance of America Mortgage amid larger changes to the Texas-based nonbank lender’s C-Suite and business lines. Dallas, a seasoned entrepreneur, joined FoA Mortgage four years ago after selling one of his companies to Finance of America Companies, the Blackstone Group -controlled parent company.
Appraisal Buzz
MARCH 18, 2022
AnnieMac Home Mortgage has chosen Tavant to help expand AnnieMac’s wholesale lending business over the next three years using FinXperience, Tavant’s intuitive platform for point-of-sale experiences. FinXperience is a V?LOX product and implementable across all lending channels, including retail, wholesale and others. “Our election to optimize the sophistication and reliability of Tavant’s FinXperience enables AnnieMac to provide an all-encompassing, inclusive, ‘best in class’ ex
Housing Wire
MARCH 18, 2022
When Curtis Mangus of Premier Mortgage Resources in Meridian, Idaho looked into pivoting into reverse after serving decades in the traditional mortgage business, he asked his managing partner at the lender about its reverse mortgage department. The partner smiled. “ You are the reverse mortgage department,” he said. Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mor
Appraisal Buzz
MARCH 18, 2022
Sens. Cassidy and Gillibrand introduce the Flood Insurance Pricing Transparency Act that will require FEMA to publish the formulas used to calculate mitigation credits for policyholders under Risk Rating 2.0. The post Bipartisan Measure Introduced to Bring Transparency to Flood Insurance Pricing appeared first on DSNews. The post Bipartisan Measure Introduced to Bring Transparency to Flood Insurance Pricing appeared first on Appraisal Buzz.
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Appraisal Buzz
MARCH 18, 2022
Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate. The post The Week Ahead: Five Star Webinars Address the End of Foreclosure Moratoria appeared first on DSNews. The post The Week Ahead: Five Star Webinars Address the End of Foreclosure Moratoria appeared first on Appraisal Buzz.
McKissock
MARCH 18, 2022
Only 42% of the 78,000 state-credentialed appraisers in the United States are certified general appraisers. If you’re growing tired of appraising simple properties or you’re ready to take on more complex assignments with more income potential, it may be a good time to upgrade your appraisal license. An upgrade can give you a much-needed advantage in the local market.
Appraisal Buzz
MARCH 18, 2022
American Advisors Group (AAG), a company that creates home equity solutions for seniors, announced Scott Slifer as their new Chief Administrative Officer. Part of AAG’s 2022 growth and expansion plan, the move is the latest in a series of high-profile leadership acquisitions. As Chief Administrative Officer, Slifer will be leading AAG’s National Field Sales, Wholesale and Business Development organizations. … The post AAG Names New Chief Administrative Officer appeared first o
Eppraisal
MARCH 18, 2022
It is no secret that many home buyers are having a hard time finding a home to purchase. The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. Currently, there is a historic and dire shortage of houses for sale. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." In a recent fortune.com article written on February 17, 2022, Tristan Bove wrote, "The inventory of homes for sale i
Appraisal Buzz
MARCH 18, 2022
Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from the National Association of Realtors (NAR). The NAR recorded a seasonally adjusted 6.02 million existing home sales in February, sinking 7.2% from January and also down 2.4% … The post Median Sale Price in February Hits $357,300 appeared first on DSNews.
Mashvisor
MARCH 18, 2022
With the abundance of technology designed for real estate, you may be wondering which of these are truly the best real estate apps for investors.
Appraisal Buzz
MARCH 18, 2022
Axylyum Charter , the parent company of the AXY Wrap growth enablement product, has entered into an agreement with Matador Lending. Effective immediately, all loans within the Matador Lending portfolio are optioned through Axylyum Charter’s exclusive product, AXY Wrap. AXY Wrap acts as a safeguard for retail and wholesale private lenders. In the event of default, Axylyum Charter acquires the distressed asset at 100% of the origination price.
Mashvisor
MARCH 18, 2022
Zillow Rental Manager is a known property management software for landlords that also comes with features for buying or selling property.
Appraisal Buzz
MARCH 18, 2022
Nationwide, 68.6% of home offers written by Redfin agents faced bidding wars on a seasonally adjusted basis in February, according to a new report from Redfin. February’s bidding-war rate was the highest level in Redfin’s records, which date back to April 2020. It is up slightly from a revised rate of 68% in January and 60.2% a year earlier. On an unadjusted basis, February’s bidding-war rate was 71.4%.
Mashvisor
MARCH 18, 2022
The COVID-19 pandemic brought many changes to the travel industry, including increasing popularity for Airbnb monthly stays.
BiggerPockets
MARCH 18, 2022
Welcome to part two of a rehab estimation masterclass with real estate mogul James Dainard! As mentioned in part one, James has created a multi-level brokerage where he has been […].
Mortgagebroker News
MARCH 18, 2022
Canadians largely fund their own down payments, but the current financial climate is making home ownership a less attractive option
Quicken Loans
MARCH 18, 2022
The Federal Reserve chose to raise interest rates for the first time since the beginning of the pandemic in an attempt to get inflation under control. That much was expected. What’s more interesting is that once per quarter, the Federal Reserve releases economic projections. One of the items projected into the future is the federal funds rate. What’s really interesting is that the projection for 2022 now stands at 1.9%.
Mortgagebroker News
MARCH 18, 2022
The prospect of a narrower spread between the two could see an intriguing scenario later in the year
Raleigh Realty
MARCH 18, 2022
Best Coffee Shops in Raleigh What are the best coffee shops in Raleigh, North Carolina? We have you covered with the guide to the best cup of joe As a local real estate company that specializes in helping people buy and sell homes in Raleigh, we love bringing you all the great local content we can from brunch and restaurants to breweries to Raleigh's best coffee shops Although our Realtors and Real Estate Website are focused on assisting homebuyers with their move to Raleigh, we like to keep you
Mortgagebroker News
MARCH 18, 2022
The new housing complex is expected to add much needed housing supply
Appraiserblogs
MARCH 18, 2022
Some Lenders promoting false “racist appraiser” narrative to optimize profits via AVMs Like most businesses lenders want to optimize their profits. One way to make more money besides charging more is to pay less in costs and fees. One way for the lender to do that is to pay the appraiser less or just get rid of them and use a free or very inexpensive Automated Valuation Method (AVM).
Mortgagebroker News
MARCH 18, 2022
BMO economist shares his thoughts
Eyes on Housing
MARCH 18, 2022
As rising mortgage rates and home prices continued to price out homebuyers and reduce affordability, existing home sales dropped to a six-month low in February, according to the National Association of Realtors (NAR). Furthermore, home price appreciation is expected to slow in the coming quarters as demand cools and supply improves. Total existing home sales, including single-family homes, townhomes, condominiums.
Mortgagebroker News
MARCH 18, 2022
The network says it's allowing agents hitting at least $7.
Lamacchia Realty
MARCH 18, 2022
Behind the incredible REALTORS ® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.
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