Sacramento Appraisal Blog

APRIL 16, 2024

Everyone is entitled to an opinion, but I find some people sounding off about housing seem disconnected from the actual market. I want to talk about that below and share some trends. Skim by topic or digest slowly.

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Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

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Sacramento Appraisal Blog

MARCH 14, 2024

I heard the best description of the market this week. I mean, how can you go wrong when relating the housing market to nachos? UPCOMING SPEAKING GIGS: 3/19/24 WCR Gold Country (details here) 3/21/24 2024 […] The post The housing market is like nachos first appeared on Sacramento Appraisal Blog.

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Sacramento Appraisal Blog

APRIL 24, 2024

Insurance has been a glaring mess in California, and it’s really starting to affect the housing market. The goal is to give some perspective and advice to sellers […] The post The insurance crisis is affecting the housing market first appeared on Sacramento Appraisal Blog.

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Housing Wire

APRIL 25, 2024

On Thursday, the firm announced that Forsythe was joining eXp as its new chief marketing officer. According to the release, in this role, Forsythe will be responsible for building the firm’s marketing strategies and global initiatives, working to expand the company’s brand visibility. “I’m absolutely thrilled to join eXp Realty.

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Housing Wire

APRIL 5, 2024

Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. The top 10 markets for first-time homebuyers are Saint Louis, Detroit, Minneapolis, Indianapolis, Austin, Pittsburgh, San Antonio, Birmingham, Kansas City, and Baltimore.

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Housing Wire

MARCH 27, 2024

Against the backdrop of elevated mortgage rates and soaring home prices , discerning the evolving financial dynamics between renter-friendly and buyer-friendly markets is also paramount. Louis; and Baltimore transitioned over the previous 12 months from markets that favor buyers to ones that favor renters.

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Sacramento Appraisal Blog

JANUARY 23, 2024

The housing market has 80s vibes. UPCOMING (PUBLIC) SPEAKING GIGS: 01/31/24 Joel Wright & Mike Gobbi Event 9am (on […] The post The housing market has 80s vibes first appeared on Sacramento Appraisal Blog. The 90s are back for clothing, but it’s the early 1980s when it comes to housing narratives.

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Housing Wire

APRIL 18, 2024

The challenges in today’s mortgage market have caused many originators to expand their loan product offerings outside of qualified mortgage (QM) criteria set by the Consumer Financial Protection Bureau (CFPB). In addition to stealth underwriting skills, it is imperative to respond to changes in the market proactively.

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Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. billion in purchase originations in 2023, up 4% from 2022 and good for a market share of nearly 8%.

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Sacramento Appraisal Blog

OCTOBER 10, 2022

The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I'm pulling. Some new memes too. Enjoy if you wish. UPCOMING (PUBLIC) SPEAKING GIGS: 8/11/22 Realtist Lunch & Learn (sign up here (open to anyone)) 8/15/22 YouTube

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Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. Previously, the brokerage only operated in the Miami and Palm Beach County markets. We’re excited to expand into the Orlando market,” Serhant said in a statement. In early February, SERHANT.

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Housing Wire

MARCH 25, 2024

The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion by 2033, more than doubling its current size. The 13 countries span Europe , North America and Australia , and are considered to be amongst the largest equity release markets in the world.”

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Housing Wire

FEBRUARY 5, 2024

Recent market trends — including an improvement in mortgage rates, housing affordability and potential refinance opportunities — suggest positive signs for the real estate market this year, according to February’s Mortgage Monitor report from Intercontinental Exchange (ICE). peak prior to the housing market downturn in 2006. “If

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Housing Wire

JANUARY 5, 2024

Here are my three key points on the labor market recovery since I retired my COVID-19 recovery model on Dec. However, the labor market isn’t breaking: jobless claims data is almost below 200,000. The trend was going lower, but we hit a critical resistance level of 3.80%: So, what do we make of the labor market after jobs week?

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Housing Wire

MARCH 6, 2024

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez , as its vice president of marketing. John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company.

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Housing Wire

APRIL 24, 2024

That is similar to the iBuyer slowdowns in markets like Jacksonville as the industry segment struggles to gain a foothold. Opendoor , an instant buyer, went big on Dallas in 2021 and 2022. It had more than 700 listings in both years before pulling back sharply with only 166 listings in 2023.

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Appraisal Buzz

APRIL 9, 2024

But it’s when the housing market stagnates and originations dry up that the software really pays off. Because traditional mortgage CRM systems are used as data warehouses and not for marketing, there’s a stigma that all CRM systems are the same because lenders don’t see any results from them.

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Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies.

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Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

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Appraisal Buzz

APRIL 8, 2024

consumers who say it is a good time to buy a home increased to 21% in March, up from 19% in February, indicating that they may be “adjusting their expectations for the housing market,” according to Fannie Mae’s most recent Home Purchase Sentiment Index report. The percentage of U.S.

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Housing Wire

FEBRUARY 15, 2024

Anywhere demonstrated our leadership strength in 2023, driving meaningful results in a tough real estate market,” Ryan Schneider , Anywhere president and CEO, said in a statement. “In The company produced these results amid “an incredibly difficult year for the housing market,” Schneider said during an earnings call on Thursday.

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Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. This is why the days on the market are so low historically after 2020. million, up from 1.03

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Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. These strategic investments are resulting in cost ratios that are somewhat elevated given we are in a market with historically low transaction volumes,” Eppinger said.

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Housing Wire

NOVEMBER 22, 2023

Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a savagely unhealthy housing market out there, and these economists unpack what that means for you. Register for the virtual event on Dec.

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Housing Wire

DECEMBER 5, 2023

Industry veteran Adam O’Daniel is transitioning to Guild Mortgage as senior vice president and chief marketing officer, a newly created role, after about two years at Open Mortgage , the company announced on Tuesday. Before joining Guild, he was Open Mortgage’s senior vice president of marketing, responsible for branding and communications.

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Housing Wire

JULY 13, 2022

Top podcasts: · State of the housing market June 2022. · Continuing in the theme of technology’s impact on originating, this piece from Calyx discusses how to create a path for success in today’s market, highlighting the value of employing an LOS that allows lenders to focus on their bottom lines. CFPB to review QM rule.

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Housing Wire

FEBRUARY 28, 2024

The data examined below represents multiple listing service data and mortgage market analytics for San Diego County, as well as the state of California and the country as a whole from 2019 to 2023. percentage points in market share, albeit with a setback in 2023. The number of listings in San Diego fell 50.5%

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Housing Wire

APRIL 20, 2023

Nominations for HousingWire’s Marketing Leaders award are now open through Friday, April 21, 2023. For the past three years, the HW Marketing Leaders award has recognized elite marketing execs in housing who have pushed their businesses to the top via innovative marketing strategies, creative campaigns and purpose-driven programs.

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Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The market is a bit calmer now than when Silicon Valley Bank failed , evident in how the stock and bond markets traded this last week. While the labor market is getting less tight, it’s not broken yet.

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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 Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? The red line is where NAR believes a balanced market is, at six months of supply. As you can in the chart below, the monthly supply data shows we have no forced selling action in the housing market today, unlike the 2006-2011 period.

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Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. bond market doesn’t see a job-loss recession happening soon. The labor market remains healthy as long as jobless claims trend below 323,000 on the four-week moving average. The 10-year yield is close to yearly highs as the U.S.

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Appraisal Buzz

APRIL 2, 2024

What’s more, to move to an equivalently priced home “across the street” in today’s market would result in a nearly 40% increase in P&I – roughly as much as the historical trade-up cost. The results were bracing, to say The post Homeowners Have Zero Incentive to Upsize in This Current Housing Market appeared first on Appraisal Buzz.

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Housing Wire

MAY 7, 2023

Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. As you can see in the chart below, there is a big difference between the current housing market and those looking for a repeat of 2008. Mortgage rates in a regular market should be 5.25% today but are at 6.5%.

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George Dell

FEBRUARY 14, 2024

“Market” – A word poorly understood, and often misused. A real property market is seldom or never perfect. A “market” for […] The post What is The Market? A “market” for […] The post What is The Market? A gathering or place for buying and selling things.

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Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6 As a result, Florida has surpassed New York as the state with the second most valuable housing market.

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