Housing Wire

NOVEMBER 29, 2021

Like I have often said, professional grifters have plagued the housing sector for many years and shouldn’t be looked to as fundamental economic sources of information. Year-over-year, signings fell 1.4%. Today, pending home sales came in as a big beat of estimates — up 7.5% in October.

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Sales Investor Title Mortgages 529

Housing Wire

MARCH 15, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. As a member of HW+, you can us join for regular 30-minute Slack Q&As, where we invite the HW Media newsroom to break down the hottest topics in the industry.

Sales 375

Sales As-is Equity Mortgages 375

Housing Wire

MARCH 21, 2024

Today’s existing home sales report was a massive beat , similar to what happened last year in this month. Will this mark the high point for sales this year like it did in 2023? Unless mortgage rates go lower, that’s what we should expect, because that’s what happened last year. million in February.

Sales 458

Sales Mortgages Days on market Investor 458

Redfin

APRIL 28, 2023

Mortgage interest rates are always changing – moving up and down each day, even each hour. These quick changes can impact the amount you pay when you refinance or close on your mortgage. However, locking in your mortgage rate does come with some risk. What does it mean to lock in my interest rate?

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Mortgages Pre-approval Loans Closing 62

Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. The housing market is one sector that can turn positive or negative very quickly depending on mortgage rates or one-time shocks like we saw with COVID-19. Purchase application data.

Marketing 476

Marketing Mortgages Sales As-is 476

Marco Santarelli

APRIL 26, 2023

One of the most significant factors impacting the housing market is interest rates. Housing market interest rates (or mortgage rates) play a crucial role in the decision-making process for both homebuyers and sellers. By March 2023, the fed funds rate was increased to a range of 4.75% to 5.00%.

Marketing 52

Marketing Debt-to-income ratio Fixed-rate mortgage Banks 52

Housing Wire

JANUARY 2, 2023

The housing market has been wild the last few years, making weekly data more critical. This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. The 10-year yield shows where mortgage rates will go.

Marketing 451

Marketing Mortgages Sales As-is 451

Housing Wire

JANUARY 12, 2022

Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Unfortunately, that didn’t happen and recent data shows that we are at fresh new all-time lows in housing inventory, with mortgage rates and the unemployment rate both under 4% currently. Houston, we have a problem.

Days on market 536

Days on market Loans Mortgages Sales 536

Housing Wire

JUNE 18, 2023

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Mortgage rates hardly budged last week, even with the Federal Reserve ‘s announcement it was pausing rate hikes and CPI inflation reports. million this year. 6% for a year.

Marketing 459

Marketing Mortgages Banks Sales 459

McKissock

SEPTEMBER 7, 2021

I have no idea, but there will be warning signs, and that’s what this blog article is about. Additional indicators can be some of the factors that led up to the last market bust; there are plenty of articles online with which to familiarize yourself. B) Days on Market for listings increase. Of course there is.

Marketing 71

Marketing Lending MLS Residential 71

Norada Real Estate

JUNE 22, 2022

In a conventional mortgage, the down payment is the smallest and the rate of interest is also lower. In this article, our focus would be to discuss the various means of financing a turnkey rental property. There are three basic ways to finance turnkey rental properties – Cash, Borrowing, and Loan or Mortgage.

Finance 89

Finance FHA loan Investor Loans 89

Housing Wire

SEPTEMBER 6, 2023

If there was a chance that a new loan application was sitting in a corner of your office right now, would you look for it? This is not a market where any lender can afford to lose a prospective mortgage deal — every loan matters. When compared to prior months and years, the MCPI serves as an indicator of changes in query volume.

Loans 346

Loans Mortgages Loan Officer Closing 346

Housing Wire

JANUARY 19, 2024

Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. That data line typically looks out 30-90 days for sales — it doesn’t move as fast as some people think. in December to a seasonally adjusted annual rate of 3.78

Sales 414

Sales Construction Investor Marketing 414

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. The years 2020-2024 were always going to be different from 2008-2019. Inventory velocity.

Marketing 395

Marketing Lending Short sale Equity 395

Housing Wire

NOVEMBER 16, 2020

With COVID infection rates exploding and hospitalization rates rising as we go into the cold winter months, the risk this poses to our recovering housing market is a question that should be addressed. In a previous article, I identified infection rates during the winter months as one of the economy’s high-risk variables.

Marketing 545

Marketing As-is Closing Mortgages 545

Housing Wire

MAY 26, 2022

The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%.

Construction 496

Construction Bankruptcy Sales House Flipping 496

Redfin

SEPTEMBER 27, 2021

Shopping for a mortgage, you might encounter lenders who pre-qualify you for a higher loan amount than you expected. Step 1: Understand what percentage of your income should go toward your mortgage . Keep in mind that you’ll need to account for taxes, insurance, repairs and renovations, along with increased utility expenses.

Debt-to-income ratio 69

Debt-to-income ratio Closing costs Loans Title 69

Redfin

MAY 5, 2023

Check out this article to learn more about the pros and cons of living in Texas. Due to the state’s thriving economy, low cost of living, and a growing population, Texas has become a magnet for buyers and investors, which has resulted in median sale prices climbing steadily in recent years.

Purchase and sale agreement 64

Purchase and sale agreement Pre-approval Seller disclosure Earnest money deposit 64

Redfin

MAY 16, 2023

Check out this article to learn more about the pros and cons of living in Maryland. Maryland housing market insights Maryland’s housing market has been experiencing high demand over the last couple of years, with limited inventory contributing to increased home prices in some areas.

Pre-approval 53

Pre-approval Debt-to-income ratio Loans Agents 53

Toronto Realty Blog

MARCH 4, 2024

To be fair, some might want to ask, “Why would you celebrate the fact that the Canadian Mortgage & Housing Corporation has canceled the First-Time Home Buyers’ Incentive?” I first wrote about this early in the year: March 20, 2019: “Should The Feds Introduce Shared-Equity Mortgages?”

Equity 85

Equity Purchase and sale agreement Mortgages Lending 85

Notorious ROB

JULY 14, 2022

I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. And this article from yesterday titled “ With home sales down, why are home prices still up? This is a public call for help. I’m not ashamed to admit it.

Marketing 77

Marketing Investor Mortgages Construction 77

Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. Total residential units sold in August in the 29 county Atlanta Metropolitan Statistical Area (MSA) were 9,617, up 8.81% from the previous year (source: GAMLS). year-over-year. and flat since last year.

Marketing 138

Marketing Residential Sales Investor 138

Marco Santarelli

AUGUST 5, 2020

In fact, in just the second quarter alone, the housing demand went from being down 41% to up 40% year-over-year. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. point increase over last week and bringing the index 3.7

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

The Close

AUGUST 8, 2023

I have 10 years of experience hiring, training, and working with ISAs, which is why my tips, templates, and scripts will fast-track you for success. My years of ISA training experience have shown me that the majority of agents just want to throw money at positions because they think they don’t have the time to nurture leads.

As-is 52

As-is Agents Industrial Design 52

HomeLight

SEPTEMBER 8, 2020

These mistakes could stick with you for years to come and have far-reaching implications, so it’s crucial that you carefully consider the details. In this article, we’ll take a look at what to know about buying a house as a first-time homebuyer as well as give tips for how to avoid buyer’s remorse. Source: (Caio / Pexels).

Closing costs 95

Closing costs Inspection Debt-to-income ratio Title 95

Housing Wire

MAY 28, 2023

Debt-ceiling drama pushed bond yields up last week, taking mortgage rates to a new 2023 high in the middle of the spring home-selling season. Purchase application data had a second straight week of declines. Mortgage rates rose to a 2023 year high of 7.12% as the debt ceiling talks pushed bond yields higher.

Mortgages 492

Mortgages Purchase and sale agreement Marketing Banks 492

Marco Santarelli

JULY 30, 2020

All the six counties of southern California saw an increase in sales as compared to May. All these figures are still lagging if we compare them to last year's June. from a year earlier. The median price rose 4% from a year earlier to $643,000. from a year earlier. from a year earlier to $765,000.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. We've been seeing real estate appreciation rates increasing year-over-year in the entire metro area. in a single month, and up 12.5%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

MARCH 15, 2021

Low-interest rates, tight supply, and high buyer-demand will keep the market hot and exert even more upward pull on house prices. With low inventory and low-interest rates for buyers, both Philadelphia and surrounding counties have seller’s markets right now. Philadelphia home prices rose by nearly 13% in 2020.

Marketing 127

Marketing Investor Sales As-is 127

Toronto Realty Blog

JANUARY 18, 2023

properties which were unoccupied for six months or more during the previous calendar year). Despite the flaws, all Toronto residential property owners must now file a declaration by February 2nd, 2023 and once a year thereafter. 1 4% to 5% of declarations are expected to be audited each year.2.

Purchase and sale agreement 98

Purchase and sale agreement Residential Land Renovation 98

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. 4 Key Interest Rate Questions That Could Save Your Clients Money. ” A.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

McKissock

MAY 30, 2023

From the ongoing debt ceiling debate to employment trends, inflation concerns, fluctuating interest rates, and the state of the commercial real estate market, it is important to understand the implications of these factors on the overall economy. Tax revenue will increase slightly, but not enough to offset the expected spending surge.

Banks 73

Banks Commercial Construction Fixed-rate mortgage 73

GeekEstate

JANUARY 3, 2022

[Editor’s Note: We publish a Weekly Transmission for GEM members , a series of long-form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war. Following a year of record-breaking uncertainty, 2021 was the year that just was.

Industrial 116

Industrial Bankruptcy Development MLS 116

Norada Real Estate

MARCH 8, 2021

The discrepancy between the number of renters and landlords in the United States is increasing every day. I’ve been on his ask the pros show a couple of years ago. Investing in them can deliver immediate returns, plus the long-term appreciation of the asset. Investors find real estate investing viable for many reasons.

Finance 112

Finance Investor Property Management Commercial 112