Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

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Housing Wire

JULY 25, 2022

Our local market feature spotlights five different areas across the country for each HousingWire Magazine. Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Rapid City, South Dakota. Bend, Oregon.

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Housing Market Marketing Real Estate Real Estate Agent 345

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

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Finance Real Estate Agent Real Estate Insurance 443

Housing Wire

APRIL 12, 2023

Other challenges selected by mortgage professionals were relationships with real estate agents at 8.4%; competitiveness of rate sheet and underwriting problems at 5.8%; lender stability at 3.9%; competitiveness of product offerings at 1.9%. Lead generation ranked as the third biggest hurdle at 15.5% from the Midwest, 16.8%

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Mortgage Marketing Loan Officers Real Estate Agent 333

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. Niche loans consist of about 5% of Parkinson’s business. “It’s Some markets like New Jersey don’t have land to build new homes.

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Loan Officers Mortgage Inventory Clients 394

Housing Wire

NOVEMBER 23, 2022

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

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Buyers Marketing Sellers Loan Officers 469

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

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Loan Officers Marketing Inventory Real Estate Agent 361

Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. Be safe out there!

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Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The fees are typically lower than in new loans, and no appraisal is needed. The product, known as an assumable mortgage, is not new.

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Mortgage Loan Officers Government Buyers 378

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. Real estate agents and LOs: the great collaboration.

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Real Estate Agent Real Estate Brokerage Realtors 407

Housing Wire

APRIL 5, 2021

” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. A growing number of sophisticated investors are also betting that climate change will dramatically impact the housing market.

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Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA).

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Mortgage Construction Lending Real Estate 383

Appraisal Buzz

MAY 17, 2021

As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. The amount of disparaging on Facebook related to appraisers in real estate circles is truly astonishing. We are seeing that as a profession again.

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Appraisal Clients Real Estate Sellers 418

Housing Wire

MARCH 1, 2022

Clearly, we love that the housing market supports so many professionals and households. But ultimately, efficient mortgage lending and real estate sales is what is most important to a healthy housing market. Real estate is a $206 billion industry, according to IBISWorld. Jobs are important.

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Real Estate Brokerage Real Estate Agent Technology 347

Housing Wire

NOVEMBER 8, 2021

“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender.

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Clients Agents Buyers Sellers 391

Cornerstone

JANUARY 7, 2022

Now it’s 2022, and both homebuyers and sellers have questions. Will more houses become available? To give you accurate answers, we’ve gone to the source: trusted housing industry experts. Housing market predictions 2022: Insight from 5 experts. More sellers should list. “We Reading Time: 3 minutes.

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Housing Market Marketing Sellers Inventory 52

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. Here’s a closer look at which four factors are creating this never-before-seen market. Climbing home prices.

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Housing Market Marketing Inventory Loan Officers 49

McKissock

JANUARY 18, 2022

Buying a house, an apartment, or a condo can feel like a daunting task, especially for first-time homebuyers. A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. What can they afford realistically? Answer Questions.

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Real Estate Agent Real Estate Agents Buyers 96

Housing Wire

JANUARY 31, 2023

Read on for more about Marquis’s perspective on the housing market, business strategies for 2023, and his take on the loan level pricing adjustment (LLPA) fees. I can’t tell that seller, ‘I’ll buy your house contingent on me selling mine.’ It’s a very tough market. Do you make cold calls?

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Inventory Marketing Business Buyers 350

Cornerstone

JULY 1, 2021

Housing inventory still sits far below the six-month supply threshold required to uphold a healthy market.* Sellers who list may find a golden opportunity: Right now, you’re likely to sell your house quicker and at a better price. What really sticks out about this summer is a lack of seller competition.

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Sellers Buyers Real Estate Agent Inventory 61

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Cornerstone

JUNE 8, 2021

The housing market continues chugging along. The only thing that could derail it is the nationwide shortage of houses. In order to keep up the momentum in residential real estate, more listings must become available. Is it smart to sell a house right now? Purchasing before housing prices rise again.

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Marketing Sellers Renovations Loan Officers 46

Cornerstone

MAY 4, 2021

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Love your loan as much as you love your new house.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

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

Appraisal Today

AUGUST 13, 2023

Dear Sellers, the housing market misses you It’s tough to value properties today! How does your market compare with Ryan’s? As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. To read more, click here My comments: Good comments. And I feel it myself.

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Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

OCTOBER 14, 2022

Appraisers who excel in this specialized field are generally those who “are willing to spend the time necessary to complete extensive research, are willing to write detailed appraisal reports, and are willing to communicate and interact with real estate agents and builders in the luxury real estate market,”.

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Appraisal Insurance Real Estate Business 52

Appraisal Today

JANUARY 12, 2024

I’ve seen thousands of appraisals over the years where appraisers made no Positive or Negative Market Conditions adjustments, as though the market is always in balance and prices are always stable, even during periods of rapidly changing prices. Many referrals come from real estate agents.

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Appraisal Contracts Mortgage Marketing 67

Assurance Financial

DECEMBER 20, 2021

If you have a good real estate agent and time your home sale optimally, you could get up to full or more than the asking price for your home. When planning to downsize, knowing the housing market situation is essential. This seller’s market means you will have more power in selling your current home.

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Mortgage Renovations Buyers Investing 69