Remove Home Value Remove Inventory Remove Loan Officers Remove Real Estate Agent
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How Reverse for Purchase can help baby boomer borrowers

Housing Wire

If we then look at data from the Federal Housing Administration (FHA), there were 2,063 Home Equity Conversion Mortgage (HECM) for Purchase loans endorsed in 2022 — less than 1/10th of 1% of homes sold last year. Few loan officers make the purchase product a main part of their business.

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Millions will enter housing market in 2021: Zillow

Housing Wire

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration.

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A closer look at housing markets across the country

Housing Wire

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. People fear if they sell their home, they won’t be able to find something and get into a bidding war.” Still, Augusta home prices are not immune to national trends.

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Gaining a Competitive Edge Buying a Home

Eppraisal

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66
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Exactly what’s going on in today’s housing market, explained by 4 trends

Cornerstone

A housing inventory shortage. Thankfully, housing inventory levels have slowly begun to rise. The recent Monthly Housing Market Trends Report from realtor.com states: “In July, newly listed homes grew by 6.5 And yet, though small inventory gains have been made, total housing inventory is still tight in most parts of the U.S.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

REO properties are attractive to homebuyers or real estate investors for several reasons. In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Step 9: Finalize Your Loan.

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The art (and the importance) of pricing your home to sell

Cornerstone

Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Experts project that home values will continue to increase throughout the year. The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Ready to sell?

Sellers 55