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What is Market Conditions?

George Dell

The conditions of the market, in real estate, means the relationship between supply and demand. The post What is Market Conditions? Supply and demand issues (at a point in time) are particularly important for new construction. For existing properties, like houses, it seems much simpler, as […].

Marketing 221
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Grow your origination volume in all markets with non-QM

Housing Wire

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). Maybe it’s time to take a deeper look into what non-QM actually means and how it’s moving the needle for your competitors.

Marketing 382
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What to do when your buyer wants to make a lowball property offer

Housing Wire

What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? By definition, a lowball offer is an offer that is significantly below market value. If so, what was the reason?

Buyers 434
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Inventory is 19% higher than a year ago: Altos

Housing Wire

In the face of growing supply of unsold homes on the market, we have to ask how much inventory will this market handle before home prices start to decline? In the face of growing supply of unsold homes on the market, we have to ask how much inventory will this market handle before home prices start to decline?

Inventory 479
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Experts offer tips for aging in place and compare costs to assisted living: CNBC

Housing Wire

People might say, ‘I want to age in place as the default plan, because that’s what I’m already doing,’” Carol Chiang, CEO of personalized aging-in-place consulting company Evolving Homes , told the outlet. But they’re not really considering, ‘Well, what does that mean?’”

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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. There was a more laid-back approach to the market with interest rates so high. Change is on the horizon.

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Fannie Mae economists offer housing market outlook, potential timeline for interest rate cuts

Housing Wire

Read on to learn more about what Doug Duncan – Fannie Mae’s senior vice president and chief economist — and Mark Palim – Fannie Mae’s vice president and deputy chief economist – had to say about the housing market, the Fed’s interest rate cut timeline and their views on overcapacity in the industry.