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Why are existing home prices rising when sales are still so low?

Housing Wire

The supply and demand equilibrium changed after November 2022, and that itself has kept prices rising even with existing home sales still trending at the lowest levels ever for the third calender year. from February to a seasonally adjusted annual rate of 4.19 NAR tracks inventory different than we do here at HousingWire: they have 1.11

Sales 491
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As rising mortgage rates push buyers to the brink, sellers are starting to cut prices

Housing Wire

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. home sale price rose 3% year over year, reaching $420,846 in August, the largest annual increase since October 2022. According to the brokerage, 6.5%

Mortgages 508
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What does the new normal for first-time homebuyers look like?

Housing Wire

Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. The headwinds.

Equity 458
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A Crystal Ball for eClosings

Housing Wire

To go back to the full HousingWire Annual 2021 on-demand page, go here. Panelists: Andria Lightfoot, Chief Customer Officer, SimpleNexus Bill Burding, Executive Vice President And General Counsel, Orange Coast Title Company Sarah Wheeler, Editor In Chief, HousingWire. HousingWire Magazine delivered to your home or office.

Title 370
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Expanding Homeownership

Housing Wire

To go back to the full HousingWire Annual 2021 on-demand page, go here. Brena Nath, HW+ Managing Editor, HousingWire. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. HousingWire Magazine delivered to your home or office. HousingWire Magazine delivered to your home or office.

Mortgages 384
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Taming unstructured data to break the review cycle

Housing Wire

To go back to the full HousingWire Annual 2021 on-demand page, go here. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. HousingWire Magazine delivered to your home or office. Watch the full session below. Exclusive access to the HW+ Slack community and virtual events. Already a member?

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Keynote: Selim Aissi on Cybersecurity

Housing Wire

Aissi will sit down for a fireside chat with HousingWire CEO Clayton Collins to talk about the overall cybersecurity environment and specific threats to the mortgage industry, including the spike in ransomware attacks this year. To go back to the full HousingWire Annual 2021 on-demand page, go here. Become a member today.