Housing Wire

MARCH 15, 2024

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out. “You

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

MARCH 27, 2024

The VA rule states that a borrower using a VA loan cannot pay fees or commissions to a real estate agent unless determined “by the Under Secretary for Benefits as appropriate for inclusion … as proper local variances.” The VA didn’t immediately respond to HousingWire’s request for comment.

Buyers 441

Buyers Real Estate Agent Inventory Real Estate 441

Housing Wire

JANUARY 12, 2024

To conduct this study , Redfin analyzed data from the Federal Housing Finance Agency ’s National Mortgage Database as of the third quarter of 2023. The lock-in effect is still real but listings are starting to tick up Declining mortgage rates appear to have helped the inventory situation somewhat. in mid-2022.

Real Estate Agent 462

Real Estate Agent Sellers Inventory Mortgage 462

Valuation Review

MAY 28, 2021

With real estate inventory down by more than half compared to last year, the personal finance website WalletHub recently released its report on 2021’s Best Places to Be a Real Estate Agent. Read on to find out which areas made the list.

Real Estate Agent 60

Real Estate Agent Real Estate Agents Inventory 60

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 81

Real Estate Agent Real Estate Agents Reconsideration of Value 81

Housing Wire

AUGUST 14, 2023

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. Over the past two decades, the real estate transaction process has become increasingly complex, placing even greater demands on real estate agents.

Real Estate 345

Real Estate Real Estate Agent Marketing Technology 345

Housing Wire

MAY 25, 2023

Today’s market includes mortgage rates of above 6%, low inventory and elevated home prices, all contributing to affordability problems. Longbridge Financial, LLC, (NMLS #957935) believes that the answer to this dilemma is the HECM/Reverse for Purchase financing option. Why is this market underserved?

Loan Officers 384

Loan Officers Real Estate Agent Real Estate Finance 384

Housing Wire

DECEMBER 8, 2023

Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. Find them the right home Inventory is scarce, and will likely stay that way for a while. Be the leader in the transaction.

Clients 398

Clients Real Estate Inspection Buyers 398

Housing Wire

JANUARY 5, 2024

As a real estate agent , it’s essential to stay aware of significant changes in interest rates and how they may affect market conditions so you’re better equipped to advise your buyers and sellers on everything from housing affordability to availability. Build strong relationships with lenders and mortgage professionals.

Real Estate 428

Real Estate Agents Marketing Sellers 428

Housing Wire

OCTOBER 1, 2020

In ultra-competitive markets, where inventory is low and homes can sell in 48 hours, the “verified” approval could be the key to victory, said Jay Farner, the CEO of Rocket Companies. “In parallel to those questions we ask them about financing. It’s being rolled out in hundreds of test markets.

Advertising 424

Advertising Real Estate Agent Mortgage Real Estate 424

Housing Wire

JUNE 8, 2023

Mortgage rates and home prices are high and inventory is paltry, resulting in a largely frozen housing market. Among those who plan to purchase a home soon, only 6% expect to do so this summer, which is supposed to be the high season for real estate agents.

Mortgage 336

Mortgage Housing Market Real Estate Agent Real Estate 336

Housing Wire

FEBRUARY 4, 2021

With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. More for Real Estate Enthusiasts. Need a real estate agent? Work with an experienced agent. There’s no doubt we’re in a seller’s housing market.

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

JULY 16, 2021

Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. That’s often good news for financed buyers because it means fewer bids to compete with.” As of July 14, nearly one-third of U.S.

Buyers 545

Buyers Real Estate Agent Real Estate Housing Market 545

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Hire a Real Estate Agent. Commissions are often negotiable.

Real Estate Agent 384

Real Estate Agent Tenants Real Estate Agents 384

Housing Wire

MARCH 11, 2024

Peak 65 serves as an historic demographic milestone of the new paradigm shift that is changing every aspect of the housing market , finance, retirement planning process and the fragile supply/demand balance of housing inventory for real estate at large. We are living in a watershed moment in history.

Real Estate 371

Real Estate Real Estate Agent Inventory Housing Market 371

Housing Wire

MAY 4, 2023

He also acknowledged that low inventory and poor housing affordability still present challenges. Most recently, Rocket launched a ‘Buy+ and Sell+ purchase initiative,’ a collaboration between Rocket Homes and Rocket Mortgage – its proprietary home search platform and real estate agent referral network business.

Real Estate Agent 383

Real Estate Agent Clients Mortgage Inventory 383

Housing Wire

DECEMBER 16, 2021

The revised plan would appear similar to the scrapped pay reduction in one respect – a focus on repeat business from Knock’s network of real estate agents. Founded in 2014 by Black, a founding member of real estate listings site Trulia , Knock helps consumers bid on a new home by fronting a cash offer.

Loan Officers 365

Loan Officers Real Estate Agent Real Estate Agents 365

Housing Wire

NOVEMBER 4, 2022

Housing affordability and limited inventory impacted the buying power of all buyers, however, the greatest impact was felt by Black and Asian Americans, as both groups saw a shrinking share of home buyers,” Jessica Lautz, NAR’s vice president of demographics and behavioral insights, said in a statement.

Buyers 356

Buyers Sellers Real Estate Agent Real Estate 356

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. range currently!

Sellers 280

Sellers Clients Inventory Agents 280

Eppraisal

AUGUST 25, 2023

However, two significant hurdles that are currently prevalent are the combination of low housing inventory and high-interest rates. Get Your Finances in Order Before diving into the house hunt, ensure your financial foundation is solid. Determine what features and characteristics are non-negotiable for your new home.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house.

Inspection 393

Inspection Real Estate Agent Real Estate Insurance 393

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. 1, and runs through May 1.

Housing Market 534

Housing Market Marketing Real Estate Agent Real Estate 534

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

Buyers 383

Buyers Agents Loan Officers Real Estate 383

Housing Wire

DECEMBER 21, 2023

My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. Who is eligible?

Mortgage 430

Mortgage Renovations Appraisal Process Finance 430

Housing Wire

JANUARY 17, 2023

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage saw mortgage origination volume plummet by 40% last year — at a time when mortgage rates had more than doubled, home prices remained elevated and the market suffered from a shortage of inventory. . billion in the past 12 months, down from $15.35

Mortgage 364

Mortgage Real Estate Real Estate Agent Realtors 364

Housing Wire

FEBRUARY 10, 2022

The ‘housing super app,’ according to investor slides filed with the Securities and Exchange Commission, will provide mortgage pre-approval, “immersive shopping,” facilitate in-person touring, and home financing. Of the over 18,000 homes in inventory when Barton announced the beginning of the end for iBuying, 8,353 are sold.

Real Estate 381

Real Estate Advertising Real Estate Agent Agents 381

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. It’s a two-story housing market in Southern California,” Cohen said. Cohen funded $751.4

Marketing 330

Marketing Mortgage Inventory Loan Officers 330

Housing Wire

JUNE 25, 2021

We’re living in a seller’s market, with minimal inventory and low interest rates. Not only does it tell them you’re a serious home shopper, but it means the deal is less likely to fall through due to your finances. To get pre-approved, a lender will take a good look at your finances. Work With The Right Agent.

Sellers 201

Sellers Finance Real Estate Agent Real Estate 201

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey.

Agents 350

Agents Realtors Clients Real Estate Agent 350

Housing Wire

DECEMBER 27, 2021

Some 15 years ago, real estate agents had only a few choices when deciding which real estate business model to choose. From virtual, capped models to low-fee and discount, agents can pick the company that best fits their needs. The event is exclusively for HW+ members, and you can go here to register.

Brokerage 358

Brokerage Real Estate Agents Finance 358

Housing Wire

MARCH 27, 2024

Those advantages, coupled with cheap land, made the city a favorite for homebuilders like DR Horton and Lennar that brought plenty of new inventory to market. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 399

Brokerage Realty Real Estate Inventory 399

Housing Wire

JULY 26, 2021

The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price. The housing market is red hot.

Mortgage 498

Mortgage Lending Real Estate Agent Government 498

Housing Wire

APRIL 19, 2023

Homelight surveyed real estate agents who found ADU ROIs to be neutral to negative, depending on the location. That involves permitting, financing, and managing all the details related to the physical infrastructure: surveying, grading, foundation work, tying in electrical and plumbing lines, and so on.

Buyers 339

Buyers Real Estate Construction Finance 339

Realtor

OCTOBER 16, 2023

It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. Pre-approval is better because it means lenders have reviewed your finances. ” 9.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% Waiving appraisals is happening more and more because of “how crazy the market is,” says Joseph Skurkis , real estate agent at eXp Realty in Scranton, PA. Getty Images Buyers, we know it’s hard out there for you right now.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

JANUARY 21, 2021

Per Laurie Goodman, Urban Institute vice president of housing finance policy, policymakers and thought leaders need to understand the trajectory of the homeownership rate — where it has been, where it is going, who it has benefitted, and who it has left behind. Here’s how to find property owners ready to sell. Presented by: PopStream.

Real Estate Agent 471

Real Estate Agent Real Estate Inventory Finance 471

Housing Wire

JUNE 1, 2023

The Federal Housing Finance Agency (FHFA) officially implemented an updated pricing framework for Loan-Level Price Adjustments (LLPAs) in May to improve homeownership prospects for first-time homebuyers with lower income and weaker credit scores. It’s a simple goal, but as is often the case in U.S.

Loan Officers 345

Loan Officers Insurance Mortgage Real Estate Agent 345