Housing Wire

MAY 9, 2022

The American Land Title Association saw a nearly 36% year-over-year increase in title insurance premium volume in 2021 for a staggering $7 billion spike, according to the trade group’s Market Share Analysis , published Friday. The title insurance industry generated $26.2 The title insurance industry generated $26.2

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Insurance Home Value Inventory Real Estate 325

Housing Wire

APRIL 13, 2021

Title insurers wrote $19.2 low inventory. “The true test of whether 2020 volume represents a unique event will be whether the historically low inventory of homes for sale continues into the summer,” Tomb said. Just how fruitful was 2020 for title insurers? segment pretax margin of title insurance and services.

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Insurance Inventory Marketing Mortgage 370

Housing Wire

JUNE 26, 2023

In the title insurance industry this resulted in a drop in capital adequacy , according to a report released Friday by Fitch Ratings. Rising mortgage rates , lower homebuyer demand and fewer homeowners choosing to sell their homes caused the housing market to slow during the second half of 2022.

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Insurance Housing Market Inventory Marketing 316

Real Estate News

APRIL 19, 2024

Active listings are back to pre-pandemic levels, but home prices — and home insurance costs — keep going up, creating a tough market for buyers and sellers.

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Inventory Insurance Sellers Buyers 265

Housing Wire

OCTOBER 8, 2021

home price increase translated into a monthly mortgage payment of $1,179 on a median-priced home — not including property taxes and insurance. Renovated Inventory to the Rescue. Top Markets for Renovated Inventory. The post Top markets for affordable renovated housing inventory appeared first on HousingWire.

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Renovations Inventory Marketing Property Taxes 542

Housing Wire

MARCH 9, 2022

As housing inventory continues to tighten, making it harder to agents to complete transactions and earn commissions, Harley believes that Fathom’s flat fee model will help the brokerage attract even more agents, leading to an increase in the overall number of transactions closed. Core services to bring profitability.

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Inventory Brokerage Realty Real Estate 339

Housing Wire

MARCH 21, 2024

House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance. The biggest challenge in today’s housing market is the lack of inventory , Fratantoni said in his written statement on Wednesday. The Basel Endgame proposal — issued by the Federal Reserve , Federal Deposit Insurance Corp.

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Insurance Inventory Mortgage Lending 327

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. Available inventory of home for sale is ticking up Hence, homebuyers are encouraged to negotiate with sellers, who seem willing to make concessions.

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Sellers Buyers Inventory Real Estate Agent 501

Housing Wire

JUNE 23, 2023

High mortgage rates , economic uncertainty and low housing inventory did very little to help title premium volume during the first quarter of 2023. billion in title insurance premiums, down 43% year over year, according to the American Land Title Association ’s Market Share Analysis , released Thursday.

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Insurance Inventory Marketing Mortgage 362

Appraisal Buzz

MAY 10, 2024

Even with the long-anticipated break in for-sale inventory, the surging cost of homeownership, further fueled by rising insurance and tax expenses, is holding potential home sales back, as is evident in the slow rise in sales compared with last year.

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Inventory Insurance Buyers Appraisal 195

Housing Wire

JULY 30, 2023

Tracking housing inventory this summer is like watching a zombie slowly walking on the beach. Last week inventory growth dropped and new listing data declined again. More people tend to list their homes in the spring and summer months, which is why we need inventory to gain some traction before it hits a natural seasonal decline.

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Housing Market Marketing Inventory New Listings 361

Housing Wire

APRIL 28, 2023

We are a diversified specialty insurance company and that diversification served us well this quarter with continued profitable growth in general insurance helping to mitigate the lower profits in title insurance,” Smiddy said.

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Insurance Real Estate Inventory Investors 320

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings. In comparison, the average U.S.

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Insurance Inventory Marketing Real Estate 388

Housing Wire

MAY 21, 2023

New listings data fell, however, active inventory grew. Weekly housing inventory They say slow and steady wins the race; well, for housing inventory in 2023, it’s been terribly slow this spring. Here is my crazy stat for the week: Last year at this time, the weekly active inventory grew by 25,542 in just one week.

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Housing Market Marketing Inventory New Listings 489

Housing Wire

APRIL 14, 2023

However, buyers are contending with rising interest rates , high home prices and constrained inventory. At a time when the banking system is making headlines, housing finance regulators should appreciate the strength, stability and resilience of the conventional mortgage market backed by private mortgage insurance. Mortgage Insurers.

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Finance Buyers Insurance Housing Market 348

Housing Wire

APRIL 12, 2024

We have an insurance problem,” said Charlotte Johnson , a Keller Williams agent based in Mandeville. Our insurance is pricing people out of their homes.” Between 2018 and 2023, homeowners insurance rates in Louisiana jumped 24.9%, according to an analysis by S&P Global. From 2022 to 2023 alone, rates jumped 21.2%.

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Insurance Housing Market Marketing Agents 403

Housing Wire

AUGUST 22, 2023

The housing market continues to cool amid high mortgage rates , low inventory and rising property insurance rates. Elevated mortgage rates and low inventory As of August 17, mortgage rates surpassed 7% as U.S. The National Association of Realtors (NAR) suggested a 2.2% million, according to its latest report.

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Buyers Inventory Realtors Housing Market 316

Housing Wire

AUGUST 3, 2022

For Auction.com clients, per the survey, some 23% expect their SDQ inventory as of June 2022 “to go to foreclosure auction in the following 12 months,” Auction.com reports. Some 20% of clients, however, expect more than 30% of their SDQ inventory to wind up in foreclosure over the next 12 months. Presented by: Altisource.

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Inventory Clients Government Sellers 450

Housing Wire

MARCH 9, 2023

The rule allows mortgagees to increase the maximum term of an FHA-insured mortgage loan modification from 360 to 480 months following a default. The Federal Housing Administration ( FHA ) announced this week that a final rule related to an increased 40-year loan modification term has been published in the Federal Register.

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Insurance Mortgage Realtors Inventory 369

Housing Wire

APRIL 19, 2022

Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest update to FHA’s mortgage lending policies. The Federal Housing Administration told mortgage servicers that they can now offer a 40-year loan term as a COVID-19 recovery option. Comments from the mortgage industry are due by May 31.

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Insurance Development Mortgage Government 488

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. mortgage insurance market in 2023 to deteriorate. mortgage insurance sector,” Christopher Grimes, director of Fitch Ratings, said.

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Housing Market Marketing Insurance Mortgage 429

Housing Wire

JUNE 1, 2022

I’m sure you’ve all heard ad nauseam about the low housing inventory impacting the market. Tracey Velt Editorial Director, RealTrends, a HousingWire sister company. Despite that, the 2022 RealTrends top real estate brokerage firms did a record number of transaction sides in 2021 (our 2022 rankings are based on 2021 data).

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Brokerage Real Estate Realty Insurance 369

Housing Wire

AUGUST 31, 2023

His severance package will include $450,000, or 12 months of his base salary; $84,375, which is 25% of his target annual bonus; and $18,910 for one year of health insurance premiums. In a housing market with elevated mortgage rates and low inventory , Redfin’s second quarter revenue was $275.6

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Real Estate Brokerage Insurance Tools 380

Housing Wire

FEBRUARY 10, 2022

billion in revenue from its title insurance and services segments, a 13% year-over-year increase. Just as with Stewart’ s earnings call earlier in the day, these record breaking numbers were somewhat overshadowed by discussions of the impact rising mortgage rates will have on the volume of title insurance premiums written.

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Insurance Investing Inventory Business 367

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. If I were a builder right now, I’d build as many houses as I could, because there is a lack of inventory, they’re pretty much the only sellers,” Roberts said.

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Loan Officers Mortgage Inventory Clients 392

Housing Wire

APRIL 17, 2023

In early 2023, however, as inventory in Austin has become more and more constrained, buyers have become accustomed to the higher mortgage rates and demand has ticked up. “It This popularity has resulted in constrained inventory. In the last 30 days or so inventory levels are down, but the selling price remains pretty stable,” he said.

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Housing Market Marketing Inventory Buyers 368

Housing Wire

AUGUST 9, 2023

This positioned us well given the low inventory coming into 2023.” This strong performance really demonstrates our approach to running the business, highlighting our ability to manage economic cycles and react quickly to changing order volumes,” Nolan said. “Our

Insurance 351

Insurance Housing Market Inventory Real Estate 351

Housing Wire

FEBRUARY 15, 2024

For that group, the median monthly cost of owning a home — which includes insurance and property taxes, among other things — is just over $600 (similar to the monthly cost for other generations with no outstanding mortgage, but other generations are far less likely to own homes free and clear),” the report stated.

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Property Taxes Insurance Construction Inventory 455

Housing Wire

AUGUST 17, 2022

Articles about rates, housing inventory and inflation were among our most popular, including: Purchase mortgage rates fall same week as Fed rate hike New home sales make it clear, housing is in a recession The nation’s housing market is on a correction course.

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Housing Market Marketing Insurance Inventory 390

Housing Wire

MAY 25, 2021

Homebuyers would pay an up-front mortgage insurance premium of 3.6 percent of the principal, which could be financed, and would not pay a monthly insurance premium. The anemic housing inventory , however, still poses a problem for any potential homebuyers who aren’t prepared to pay well over the asking price.

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Finance Insurance Loan Officers Government 464

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. Of course, the easiest way for buyers to protect themselves is by purchasing a homeowner’s policy of title insurance, which often has additional fraud protection.

Sellers 370

Sellers Real Estate Agent Real Estate Insurance 370

Housing Wire

DECEMBER 28, 2021

In fact, Paradise’s housing market, though constrained by unresolved wildfire litigation and issues like proper home insurance, even has the high-demand, low inventory problems of most other U.S. We have had over 200 lots active on the market at one time since 2019, so we are a little low on inventory.”.

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Insurance Realty Agents Construction 333

Housing Wire

SEPTEMBER 28, 2023

It will disrupt some home sales in the short run due to the lack of flood insurance or delays in government-backed mortgage issuance,” he said. Yun also expressed concern about a possible government shutdown, which could worsen the conditions in the housing market. “It

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Housing Market Contracts Government Buyers 441

Housing Wire

APRIL 4, 2022

The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined. With the housing market still red-hot and inventory at a crisis level , borrowers with cash and conventional almost always win out with sellers.

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Insurance Loan Officers Sellers Mortgage 367

Housing Wire

MAY 26, 2022

With the current housing inventory crunch and rising rates slowing refi volume, lenders are finding themselves in a much different position than this time last year. Reich outlined that some of those opportunities may include the borrower being eligible to get rid of mortgage insurance or have a cash-out transaction.

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Loan Officers Finance Technology Insurance 379

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. Binney said.

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Inspection Real Estate Agent Real Estate Insurance 397

Housing Wire

NOVEMBER 7, 2023

One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Change the search area, change the type of home or find an equally great school district to look in that has more inventory. More and more, you’ll start to compete for buyer business in a similar way you do for listings now.

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Clients Buyers Real Estate Agent Real Estate 389