Housing Wire

JUNE 23, 2023

CrossCountry Mortgage (CCM), the nation’s third-largest retail mortgage lender, unveiled its latest initiative this week that is aimed at helping first-time homebuyers overcome the financial hurdles of purchasing a home in today’s competitive housing market.

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Buyers Retail Loan Officers Insurance 370

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

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Real Estate Buyers Agents Sellers 479

Housing Wire

NOVEMBER 10, 2023

FHA loan usage increases in September As sellers field fewer offers, buyers with FHA loans may have greater luck to close on a home. In September, government-insured FHA loans represented a little over 15% of U.S. Meanwhile, first-time homebuyers are facing real affordability challenges. in April 2023.

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Mortgage Buyers Insurance Government 441

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. percentage points of the loan amount,” Nunziata said.

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Marketing Government Mortgage Sellers 410

Housing Wire

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

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Agents Buyers Sellers Inventory 410

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Following are excerpts from their responses that reflect on the good, the bad and the ugly of the current market.

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Marketing Mortgage Investors Sellers 427

Housing Wire

SEPTEMBER 6, 2023

The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. Lenders will align with marketing and services partners to gain pricing power. These essential tools require a collective commitment.

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Supply Chain Real Estate Technology Mortgage 370

Hank Miller Team

JULY 12, 2023

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for. Not Greater Atlanta. Actives down 13.5

Housing Market 40

Housing Market Marketing Buyers Sellers 40

Housing Wire

DECEMBER 20, 2021

A $250 monthly child tax credit from the federal government for each child also helps the household. Governments and servicers were both quick to launch forbearance programs for over seven million mortgage borrowers during the pandemic, realizing the historic challenge borne out of the Covid-19 pandemic. . But will end in December.

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Mortgage Government Contracts Insurance 389

Miller Samuel

NOVEMBER 30, 2018

As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. Liability insurers are already talking about a new target when things go south. The seller and the buyer determined the market value by agreeing on the price."

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Appraisal Inspection Real Estate Agent Agents 300

Realtor

APRIL 14, 2021

The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. There is a shortage of houses in many markets. Some sellers are even receiving dozens of all-cash offers. Buyers all over the country are facing bidding wars after making an offer.

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Mortgage Real Estate Agent Buyers Real Estate 159

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

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Housing Market Marketing Real Estate Realtors 68

Housing Wire

OCTOBER 13, 2022

The financial chaos that sparked the savings and loan crisis of the 1980s, leading to a government bailout, now haunts the independent mortgage banking market this Halloween season — and beyond. Emblematic of the excesses that took place, in 1987 the FSLIC [the now-defunct Federal Savings and Loan Insurance Corp.]

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Mortgage Marketing Buyers Sellers 370

Eppraisal

APRIL 21, 2023

At such a juncture, the federal government will close a nationally chartered bank or a state government will shut down one holding a state charter. This can lure buyers into the market because the cost of financing is less prohibitive.

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Lending Housing Market Marketing Real Estate 28

Zillow

JULY 15, 2019

Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer. A closing is usually attended by the buyer, the seller, both real estate agents and the lender.

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Real Estate Agent Insurance Inspection Buyers 56

Genworth MI Blog

AUGUST 31, 2022

The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

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Inspection Appraisal Marketing Appraisal Process 78

Realtor

APRIL 14, 2021

The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. There is a shortage of houses in many markets. Some sellers are even receiving dozens of all-cash offers. Buyers all over the country are facing bidding wars after making an offer.

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Mortgage Real Estate Agent Buyers Real Estate 78

PennyMac

JUNE 28, 2022

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. Closing costs can apply to both the buyer and seller. Down payments of 10–24.99%—sellers can contribute 6% of closing costs.

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Insurance Property Taxes Sellers Inspection 36

Quicken Loans

JUNE 8, 2021

Even if the sellers agree to your offer, their bank or lender might reject it if it’s too low. There are also plenty of risks: A home you buy at an auction might have a lien on its title from a government agency, especially if the former owners stopped paying property taxes. Buying A Government-Owned Property. Sellers (i.e.,

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Real Estate Agent Inspection Government Real Estate 72

Housing Wire

APRIL 5, 2021

In its most recent annual report to Congress, November 2020, the Federal Housing Administration ( FHA ) published its “capital ratio,” a measure of capital reserves to insurance-in-force held within the Mutual Mortgage Insurance Fund (MMI Fund). The same report revealed FHA had amassed capital reserves in the amount of $78.9

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Insurance Mortgage Housing Market Government 270

Assurance Financial

SEPTEMBER 20, 2021

It’s important to note that any down payment under 20% normally requires mortgage insurance. However, if you put down more than 20%, you don’t need insurance. How Much Is a Normal Down Payment on a House? Another is the housing market in your area. What Is Private Mortgage Insurance?

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Insurance Mortgage Buyers Government 36

Appraisal Today

JUNE 23, 2023

A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers. In addition to harming homeowners, systemic biases in valuations, either too low or too high, hurt neighborhoods, distort the housing market, and impact the tax base. The models aren’t able to think like buyers and sellers.

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Appraisal Real Estate Valuation Contracts 87

Assurance Financial

JUNE 9, 2021

It has been different in 2020 though, as the pandemic led to fewer sellers listing their homes and approximately 25% more buyers looking to purchase. The housing market: It’s no surprise the housing market has an impact on mortgage rates. Is now the time to apply for a mortgage or refinance?

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Mortgage Insurance Finance Buyers 69

Housing Wire

OCTOBER 24, 2022

The mortgage-servicing rights market just keeps on ticking even as the overall housing market takes a licking. Those Ginnie MSRs, however, represent a weak link in the nation’s housing system when the economy is under stress, as it is now. There’s more sellers and a fixed amount of buyers,” he added. The weak link?

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Mortgage Insurance Buyers Sellers 311

Quicken Loans

APRIL 12, 2021

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Or, if there is an escrow shortage due to a rise in property taxes or insurance premiums, the escrow payment will increase. Government mortgage relief programs. HUD-certified financial counseling.

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Inspection Property Taxes Mortgage Investors 54

PennyMac

JANUARY 3, 2024

With a VA loan, there are: No down payment on home purchase loans* Lower closing cost limits Lower interest rates Relaxed credit requirements No monthly mortgage insurance premiums Already have a VA loan for your first home? Research the housing market. The housing market plays a significant role in the home-selling process.

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Real Estate Agent Buyers Real Estate Mortgage 36

Will Springer Realtor

OCTOBER 25, 2022

One of the best ways our government says “thank you” to the men and women in uniform is the VA Home Loan Guaranty Program. These are facts that provide an extra measure of confidence to sellers when weighing offers on a home. minimum down payment, as well as mortgage insurance premiums. An FHA loan requires a 3.5%

Mortgage 36

Mortgage Buyers Insurance Government 36

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? Perhaps it’s truly a builders’ market. GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. from a year ago and at a level not seen since 2011. year-on-year (YoY), according to U.S.

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Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. Any one of those risks could cascade into other parts of the market and tip the economy into recession.”

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Assurance Financial

JUNE 14, 2021

Conventional loans offer the ability to avoid the costs of mortgage insurance while also giving borrowers the option of fixed or adjustable rates. What is Private Mortgage Insurance? You will also be responsible for origination fees, appraisal fees and mortgage insurance. What are conventional loan limits? Downloadable Guides.

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Insurance Construction Mortgage Buyers 69

Housing Wire

MARCH 11, 2024

Lawmakers are still debating the official federal budget, and there’s an elevated risk of a government shutdown, Boltansky wrote in a report on Friday. Other housing- or mortgage-related initiatives focus on increasing demand for housing, but the real problem is on the supply side, according to Boltansky. million families.

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Insurance Mortgage Government Inventory 420

Appraisal Today

AUGUST 13, 2023

Here’s another thought for you to ponder: HUD, a governmental agency, is attacking appraisers who do their work per the guidelines established by two “quasi-governmental entities”, the two GSE’s, and two other government agencies, HUD/FHA, plus the VA. Dear Sellers, the housing market misses you It’s tough to value properties today!

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Appraisal Contracts Real Estate Agent Mortgage 75

Will Springer Realtor

SEPTEMBER 12, 2023

on first-year costs, including a 20% down payment, closing costs, monthly mortgage, insurance and property taxes. SEPTEMBER HOUSING UPDATE There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. Only buyers and sellers who must move are doing so.

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Sellers Development Retail Real Estate 36

The Robert Weiler Company

SEPTEMBER 7, 2022

See below why we feel Ohio land for sale market is still ripe for growth. The Ohio housing market has remained resilient over the past year and a half. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. How does the spike in housing prices affect Ohio land for sale?

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Marketing Real Estate Investing Retail 78

Appraisal Buzz

SEPTEMBER 26, 2022

Entering the housing market today is challenging for many homeowners. Pent-up housing demand, low-interest rates and new buyers have also added to the crisis. Governments have begun to address the housing issue by upzoning single-family homes. This can promote social inclusion and allow for more housing options.

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Construction Supply Chain Buyers Retail 195

Will Springer Realtor

JULY 13, 2023

Local government, developers, architects and others will need to step up and take responsibility for the sake of our city. JULY HOUSING UPDATE The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached.

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Construction Supply Chain Real Estate Development 36