Housing Wire

NOVEMBER 18, 2022

This article , which I wrote in 2019, does show you the historical work in the past decade on the housing bubble talk. The positive aspect of today’s data line is that the days on the market grew again, and we are getting off the teenager level. We needed to end this madness before we had prices escalate over 20% for another year.

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Days on market Marketing Sales Mortgages 473

Housing Wire

MAY 3, 2022

HousingWire: The best way to start is to talk about purchase application data, can you break that down for us? Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates. What have we seen this year?

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Marketing Mortgages Sales As-is 421

Housing Wire

FEBRUARY 8, 2021

Not the forbearance plans themselves, which allowed mortgage holders to delay their payments for many months, but the fact that 2.72 The MBA purchase application data is growing at a trend of 12% year over year. Demographics plus low mortgage rates serve as the one-two punch that knocked out COVID-19. Presented by: PropStream.

Marketing 544

Marketing Equity Loans Mortgages 544

Housing Wire

MARCH 31, 2022

The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Are we headed to a housing bubble? Housing Bubble. The online reaction was immediate — housing must be about to crash. I disagree with this conclusion. For the housing bubble 2.0 Home prices have grown 108.3%

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Bankruptcy Lending Mortgages Title 530

Housing Wire

OCTOBER 31, 2022

Over the weekend, The Wall Street Journal brought up this point — that the Fed is mindful that household balance sheets are much better now due to the excess savings built up during the COVID recovery and they might need to raise rates again or keep them high to trigger their job loss recession to fight inflation.

Bankruptcy 517

Bankruptcy Lending Equity Mortgages 517

Realty Biz

AUGUST 11, 2023

Mortgage demand in the United States has been in near-constant flux since the US Federal Reserve began raising interest rates in early 2022 to fight off inflation. Now, new reports emerging that demand has yet again dropped off due to rate hikes. However, the decline in mortgage demand is a sign that the market is starting to cool off.

Mortgages 75

Mortgages Fixed-rate mortgage Sales As-is 75

Realty Biz

MAY 22, 2022

Despite 30-year mortgages being firmly above a 5% interest rate, mortgage applications for home purchases increased 5% in mid-May. What is different this year is that buyers are turning to adjustable rate mortgages in higher numbers than at any time in the past 14 years. The demand for homes remains robust.

Short sale 90

Short sale Loans Mortgages Equity 90

Realty Biz

AUGUST 6, 2021

As the market again plows bullishly upward into unaffordable home prices, the most likely cushion from a full market meltdown this time will be stricter bank loan regulations and homeowner equity. Today, there is a severe housing shortage with many want-to-be-buyers but few that can afford a mortgage.

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Short sale Loans Equity Mortgages 103

Housing Wire

JANUARY 2, 2023

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. Then those rates fell 1.25% , which changed the demand data, only to rise again in a short timeframe. The 10-year yield shows where mortgage rates will go.

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Marketing Mortgages Sales As-is 458

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.

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Marketing Mortgages Sales As-is 508

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. Get pre-approved Why do mortgage rates change?

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Mortgages Pre-approval Loans Closing 63

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. The recent growth broke that streak, but demand is still low.

Marketing 491

Marketing Mortgages Banks Sales 491

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. It happened in 2008 and then didn’t happen again until 2023. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again.

Sales 472

Sales Construction Investor Marketing 472

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. But, that doesn’t mean housing is going to crash. Obviously, my home-price growth model got smashed!

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Marketing Lending Short sale Equity 397

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023? What did I get wrong?

Marketing 543

Marketing Mortgages Sales As-is 543

Housing Wire

MAY 26, 2022

As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Purchase application data, while doing better than I thought it would with rates over 5%, is still negative year over year, and this time it’s real. This week’s purchase application data showed week-to-week growth of 0.2%.

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Construction Bankruptcy Sales House Flipping 522

Toronto Realty Blog

NOVEMBER 18, 2022

Maybe he was taught the true meaning and application of the word “respect.” Remember that guy back in high school that was super popular and always got the ladies? I’m asking the gents in here to remember because my follow-up question is this: did you hate him or did you respect him ? If you hated him, why was that?

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Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 544

Mortgages Sales As-is Construction 544

Notorious ROB

JULY 11, 2022

The article is titled “Wen Bazooka” and it’s brilliant. By the time the 2019 repo crisis unfolded, the Federal Reserve didn’t bother with the need for pesky legislation to assume they could bail out Wall Street once again. Their newsletter was free until recently, but I think it’s worth every penny.

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Investor Banks Finance Title 80

HomeLight

APRIL 29, 2022

For the purposes of this article, we’ll focus on how Offerpad works. Disclaimer: iBuyer company program details can frequently change. HomeLight always advises that you check a company’s website for the most up-to-date information. So how does Offerpad work? Offerpad is considered an iBuyer. Digital pricing tools.

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Purchase and sale agreement Closing costs Closing Staging 87

Toronto Realty Blog

NOVEMBER 27, 2023

If incomes aren’t rising in line with home prices, then eventually, those “runaway” home prices would have to come down. We’ve heard the term “bubble” almost as often as “crash” or “collapse,” and that too has been a constant in the market. It was almost $1,200,000 last year.

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Title Debt-to-income ratio Banks Mortgages 69

The Close

MAY 15, 2023

Inventory is low for a number of reasons: Developers pumped the brakes on new builds during COVID and then again when mortgage rates skyrocketed and every talking head and editorialist recommended bracing for recession. Prices As soon as mortgage rates began to rise, many expected home prices to come down.

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Marketing Agents Mortgages Loans 105

Toronto Realty Blog

DECEMBER 14, 2022

I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. Picking my top five posts is always a difficult task, given I’m the author. Picking the top five “stories” of the year is a whole other ballgame, however. 1) The Pandemic.

Development 81

Development Purchase and sale agreement As-is Marketing 81

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? I’m not ashamed to admit it. Let’s get into it. The Basic Argument.

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Marketing Investor Mortgages Construction 77

Notorious ROB

SEPTEMBER 30, 2022

The headline is “mortgage payments hit all time high” as the Fed keeps hiking rates. Mortgage purchase applications were down 0.4% I have to go back to work on a number of projects, but… I had to puzzle this out with you all in public. The latest Redfin report on the housing market is… weird.

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Marketing Sales Mortgages As-is 89

HomeLight

JUNE 22, 2023

All of these things are stressful and confusing, but you’d be surprised by how many people struggle with the mortgage process. All of these things are stressful and confusing, but you’d be surprised by how many people struggle with the mortgage process. And they need answers to their mortgage questions.

Debt-to-income ratio 89

Debt-to-income ratio Mortgages FHA loan Loans 89

Notorious ROB

JUNE 12, 2022

But, thanks to rising inflation that no amount of book-cooking can cover up, the Fed has been forced to “take action” by which we mean raise rates a tiny bit, then jawbone a whole lot about how tough they’re going to be on inflation. In part 1 , we covered legal and regulatory challenges to the real estate industry.

Investor 86

Investor Banks Bankruptcy Equity 86

Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Given the current fundamentals, real estate sales should remain strong in most U.S.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

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 515

Mortgages Purchase and sale agreement Marketing Banks 515

Marco Santarelli

AUGUST 21, 2020

As we enter into the 3rd quarter of 2020, Miami remains a buyers' market and investors need to capitalize on this advantage while it is still there. We will discuss the latest Miami real estate market trends and find out how they can affect the investors and homebuyers in the latter half of 2020. respectively. Lucie (20.5%). Typically 6.5

Marketing 126

Marketing Investor Sales As-is 126

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. Related Article. That’s why we compiled this comprehensive list.

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

Marco Santarelli

JULY 30, 2020

The rise in home prices and sales have shifted the market conditions to a balanced one. The inventory still remains tight, and with the surge in the Covid-19 cases, sellers may back out again to further decrease the listings. Home sales dropped over the past couple of months but prices remain high. Jump in sales was 48%.

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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. Despite the rise in new listings, the environment is extremely difficult for homebuyers in metro Phoenix. The demand for housing has completely outpaced the supply.

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Marketing Purchase and sale agreement Investor Sales 135

Toronto Realty Blog

JANUARY 18, 2023

A colleague of mine emailed me this essay last week. I was blown away. Not only by the sheer amount of content, which was twelve pages in a PDF, but also because of the research involved. Thirty-seven footnotes, for one thing. But sourcing a variety of newspapers, interviews, staff reports, legal journals, and more.

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Purchase and sale agreement Residential Land Renovation 98

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. What’s the future hold for the once-again-a-media portal? We almost turned the corner on Covid-19.

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Industrial Bankruptcy Development MLS 116

Toronto Realty Blog

AUGUST 23, 2021

Then again, they hold elections every two years so aren’t they always campaigning? There have been a lot of changes to the mortgage industry over the years, which comes from the government, via the CMHC and/or Bank of Canada. There, I said it. But how much has actually been done about housing ? Next to nothing, in my opinion.

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Marketing Purchase and sale agreement Mortgages Finance 105

GeekEstate

DECEMBER 29, 2022

Many links included are to members-only articles, so won’t be accessible without an account already setup.]. Image created with: Jasper Prompt: New Years celebration over a city skyline reflecting houses reflecting technology with text reading “2022” Mortgage rates went up, and buying houses became harder.

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