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Fla. Top State for 2022 Home Value Increases

Empire Appraisal Group

Top State for 2022 Home Value Increases | Florida Realtors Fla. Top State for 2022 Home Value Increases By Dylan Abad Analysis finds Fla. home prices rose 17.27% last year, the most in the U.S., But in last-place Idaho, values sank 0.18%. The 17.27% change in value outpaced every other state in the nation.

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Could online mortgage lenders reduce discrimination against Black homebuyers?

Housing Wire

The roots of racial disparities in housing and mortgage markets run deep. Historic government institutionalized discrimination includes actions like “redlining,” where the Federal Housing Administration would refuse to insure mortgages in and around Black neighborhoods. Justice Department charges of fair-lending violations.

Mortgage 498
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How Reverse for Purchase can help baby boomer borrowers

Housing Wire

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. million homes bought and sold in the U.S. According to data from Statista , there were roughly 5.95 last year.

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Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Reverse purchase financing: The financing option no one is talking about

Housing Wire

They own the home with their name on the title, as with any mortgage, traditional or reverse. They own the home with their name on the title, as with any mortgage, traditional or reverse. But the fact is, most people simply don’t know that a new home can be purchased with a reverse mortgage.

Finance 428
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Why Hometap is betting on the growth of the home equity investment market

Housing Wire

With continued demand for home equity investment from homeowners, Burnett is confident that the market is poised for growth in the decade ahead. While Hometap doesn’t directly work with mortgage lenders or real estate brokerages right now, Burnett sees an opportunity for partnership to help buyers’ homeownership in the long term.

Investing 325
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Now is the time to cultivate strong borrower-lender relationships

Housing Wire

HousingWire recently spoke with Dustin Gray, CEO of Milestones Labs , about the importance of the borrower relationship and how Milestones Labs helps mortgage providers build lasting relationships with their borrowers. Dustin Gray: You don’t have to be an economist to know it’s a challenging time to buy a home or get a loan.