Housing Wire

JANUARY 30, 2023

We are off and going now, as seasonality has kicked into full gear with the purchase application data. And, so far, it’s been a good start to the year. Here’s the housing market rundown for the last week: Purchase application data showed positive weekly growth again — and the bounce from the bottom is more noticeable now. Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week.

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Sacramento Appraisal Blog

JANUARY 30, 2023

The housing market is getting hot again for the spring. It went from an ice bath in the fall to a hot shower so far in January. It’s not scalding like 2021, but it’s been a striking change. Let’s talk about this. UPCOMING (PUBLIC) SPEAKING GIGS: 2/8/23 SAFE Credit Union “Snacks & Facts” (for RE) […] The post The housing market went from an ice bath to a hot shower first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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Housing Wire

JANUARY 30, 2023

A group of 11 former employees are accusing AmeriSave Mortgage Corp. in a new lawsuit of failing to pay the wages, bonuses and commissions that were agreed to when they were hired by the company. The group also alleges that the company conducted a defamatory campaign against them after their layoffs in July 2022. According to the class-action-seeking lawsuit, filed in California, AmeriSave hired 200 loan officers to focus on the West Coast region in early 2022.

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Appraiserblogs

JANUARY 30, 2023

The Maryland appraiser has filed a countersuit against the homeowners, claiming defamation. Appraisers, there have been several lawsuits filed against appraisers by borrowers who “don’t like your value, so I’m accusing you of discrimination” over the last year or so. These lawsuits all have the same theme, and it’s entirely possible that these actions are being coordinated by a consortium of ‘organizers’ and law firms.

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Housing Wire

JANUARY 30, 2023

Cenlar FSB, the second-largest mortgage servicer and largest sub-servicer in the U.S., has appointed D. James ‘Jim’ Daras as its CEO and president. Daras’ professional career spans more than four decades in the banking and mortgage banking industry. His specializations include risk management, banking and corporate finance functions, bank restructuring, company start-ups and venture capital investing, according to a statement from Cenlar.

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Eyes on Housing

JANUARY 30, 2023

Buyers’ outlook for housing affordability took a sharp negative turn in the final quarter of 2022, when a record high of 87% reported being able to afford fewer than 50% of the homes for-sale in their markets. The remaining 13% can afford the majority of homes available, less than half the 31% who could in the third quarter. Affordability expectations.

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DW Slater Company

JANUARY 30, 2023

Winter is here! Last week we had one evening of beautiful snow that quickly melted away. As I type, we are receiving winter weather watch notifications as we are getting ready for a more dangerous icing event here in North Texas this week. As we prepare for the coming cold, I am reminded that, although dramatic, most of the weather events here never last long.

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Inman

JANUARY 30, 2023

The social media ecosystem is complex, and established platforms are facing challenges. In this fraught landscape, which social media channels can luxury agents rely on? Two leading agents weigh in.

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Eyes on Housing

JANUARY 30, 2023

NAHB’s analysis of headship rates from the latest 2021 American Community Survey (ACS) reveals that the Covid-19 pandemic unlocked some pent-up housing demand, especially among young adults ages 25 to 34. The pandemic-heightened desire for more spacious and independent living, as well as “excess” savings accumulated early in the lockdown stages of the pandemic, propelled headship rates of young adults.

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Inman

JANUARY 30, 2023

Modern homebuyers don’t want to get a loan during banking hours — they want to be able to access the calculators to help them shop confidently, and then text a loan expert if they have questions. And that’s exactly the kind of support a great digital lender can provide.

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San Jose Real Estate

JANUARY 30, 2023

The Altura neighborhood in San Jose features quality built, younger townhouses in a convenient location. It also enjoys an expansive, neighborhood park owned by the City of San Jose.

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Design 62

Inman

JANUARY 30, 2023

We’re at the very front end of changes that will forever alter almost every aspect of our lives, according to trainer Bernice Ross. While AI isn’t likely to replace agents any time soon, those who fail to embrace these powerful tools will lose significant market share to those who do.

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Town & Country Residential Appraisals

JANUARY 30, 2023

I’ve been discussing the topic of real estate appraisals and the allegations of racial bias that has the possibility of creating issues for some homeowners or potential homeowners. There have been a few cases that have had the spotlight shown on them and the scenarios are all relatively similar. It starts with an appraisal that is completed on a home where the occupant is of a minority race- whether the appraiser meets the occupant in person or there are pictures and other personal contents that

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Inman

JANUARY 30, 2023

The number of active real estate agents in LA decreased by 27 percent year over year, falling from 4,800 agents in the fourth quarter of 2021 to 3,500 agents during the same period in 2022.

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Mortgagebroker News

JANUARY 30, 2023

Learn from Hugo Dos Reis on the state of the market, how brokers and agents can thrive, and how technology can really set you apart from the competition

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Mortgage Technology Agents Marketing 61

Inman

JANUARY 30, 2023

QED led a $19.5 million Series A for Freemodel to expand its approach to prepaid, fully managed market preparation renovations, according to an announcement sent exclusively to Inman.

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Mortgagebroker News

JANUARY 30, 2023

The customized digital stats cards have proven a huge hit in helping brokers successfully close more deals, the company says

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Inman

JANUARY 30, 2023

To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023.

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BiggerPockets

JANUARY 30, 2023

Prospective homebuyers have been waiting for more affordable conditions, and according to data from the Mortgage Bankers Association, they might be ready to start making offers.

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Inman

JANUARY 30, 2023

Don’t be afraid to be bold and daring with your design choices this year. We are venturing into better, brighter times, and our homes are a direct reflection of that.

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Mortgagebroker News

JANUARY 30, 2023

A significant proportion of projects already approved for funding are lagging behind their schedules, report says

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Inman

JANUARY 30, 2023

Two of the shops will be located in Morganton and one in Nebo, North Carolina. License partners Steve and Polly Leadbetter will lead all three.

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Mortgagebroker News

JANUARY 30, 2023

New affordable housing facility is designed to accommodate up to 100 residents

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Design 62

Inman

JANUARY 30, 2023

Now, although price growth through the pandemic period was clearly excessive, writes economist Matthew Gardner, fundamentally speaking, the two periods cannot be considered to be similar at all.

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Mortgagebroker News

JANUARY 30, 2023

Rocket Mortgage Canada VP outlines her storied career

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Mortgage 69

BiggerPockets

JANUARY 30, 2023

A commercial real estate crash is looking more and more likely in 2023.

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Mortgagebroker News

JANUARY 30, 2023

Market observer highlights possibilities for 2023

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Clear Capital

JANUARY 30, 2023

The January 2023 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 3.4 percent. Download the report , or read it below. About the Clear Capital Home Data Index (HDI ) Market Report and Forecast The Clear Capital HDI Market Report and Forecast provides insights into market trends and other leading indices for the real estate market at the national and local levels.

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Lamacchia Realty

JANUARY 30, 2023

Curious to know how the Southington, Connecticut real estate market performed this year? In this 2022 Year in Review Housing Report, we are comparing data from Southington in 2021 to 2022 to see how the market performed in the area. Home Sales Down 24.2% & Prices Up 6.9% As of December 31, 2022, Southington home sales decreased by 24.2% as there were 606 sales in 2022 compared to 799 in 2021.

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Lamacchia Realty

JANUARY 30, 2023

Curious to know how the Fort Lauderdale real estate market performed this year? In this 2022 Year in Review Housing Report, we are comparing data from Fort Lauderdale in 2021 to 2022 to see how the market performed in the area. Home Sales Down 28.5% & Prices Up 22.2% As of December 31, 2022, Fort Lauderdale home sales decreased by 28.5% as there were 4105 sales in 2022 compared to 5742 in 2021.

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Lamacchia Realty

JANUARY 30, 2023

Curious to know how the Chelmsford, Massachusetts , real estate market performed this year? In this 2022 Year in Review Housing Report, we compare data from Chelmsford 2021 to 2022 to see how the market performed in the area. Home Sales Down 17.3% & Prices Up 9.0% As of December 31, 2022, Chelmsford home sales decreased by 17.3%, as there were 513 sales in 2022 compared to 620 in 2021.

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Lamacchia Realty

JANUARY 30, 2023

Curious to know how the Beverly, Massachusetts real estate market performed this year? In this 2022 Year in Review Housing Report, we are comparing data from Beverly in 2021 to 2022 to see how the market performed in the area. Home Sales Down 15.5% & Prices Up 5.6% As of December 31, 2022, Beverly home sales decreased by 15.5% as there were 468 sales in 2022 compared to 554 in 2021.

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Lamacchia Realty

JANUARY 30, 2023

Curious to know how the Worcester, Massachusetts , real estate market performed this year? In this 2022 Year in Review Housing Report, we compare data from Worcester 2021 to 2022 to see how the market performed in the area. Home Sales Down 16.7% & Prices Up 11.3% As of December 31, 2022, Worcester home sales decreased by 16.7%, as there were 2,021 sales in 2022 compared to 2,427 in 2021.

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Lamacchia Realty

JANUARY 30, 2023

Curious to know how the Woburn, Massachusetts , real estate market performed this year? In this 2022 Year in Review Housing Report, we compare data from Woburn 2021 to 2022 to see how the market performed in the area. Home Sales Down 17.1% & Prices Up 7.4% As of December 31, 2022, Woburn home sales decreased by 17.1%, as there were 550 sales in 2022 compared to 456 in 2021.

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