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Reverse mortgage originators report good starts to 2024 business

Housing Wire

My financial planner business still continues to be very active,” he said. But for me, I do a lot of [Home Equity Conversion Mortgage (HECM)] for Purchase. So, I’m really continuing to focus on the active adult market for what we call the “lifestyle home loan,” commonly known as HECM for Purchase.”

Mortgages 381
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Opinion: The elephant in the real estate room? Lowballed appraisals

Housing Wire

What do I mean? There are several factors to cite but I want to highlight a key area that may be taken for granted — that not everyone receives a fair home appraisal. Stifled The Fair Housing Center of Metropolitan Detroit shared that loan denial rates in Detroit, due to the appraised value of a home (a.k.a.

Lending 382
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

My name is (your name), and I’m a licensed real estate professional with (your brokerage). Last year, there were (number) homes sold here, and the average selling price was (dollar figure). Last year, there were (number) homes sold here, and the average selling price was (dollar figure). (If Great news! Your neighborhood is hot!

Brokerage 342
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Bringing the real estate transaction to the end zone

Housing Wire

Throughout it all, Murphy said, “Books, God and my wife are my triangle of success.” I had a lot of really good offers because of my GPA scores and my background, so I actually got full-ride academic offers before I ever got a full athletic scholarship. I’m most proud of my three-time, academic all-conference record.

Brokerage 368
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Housing Market Tracker: Inventory finally rises

Housing Wire

Weekly housing inventory Looking at the Altos Research data from two weeks ago, the first thing that popped to my mind when active listings fell and new listing data fell was that we could have had an Easter Holiday impact at that time. However, I will take what I can now. This link explains the difference and is worth a read.

Marketing 545
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HW+ Member Spotlight: Brian Gubernick

Housing Wire

Below, Gubernick answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? I’ve been in the residential real estate business for over 15 years, but most of my experience has been on the agent and brokerage side of things. . HousingWire: What is the weirdest job you’ve ever had?

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Home sales beat estimates: no housing crash in sight

Housing Wire

million home sales for July, which was an excellent beat of estimates and a dagger into the hearts of the 2021 housing crash crew. We were never working from an elevated level of sales in the existing home sales market as we ended 2020 with just 5,640,000 , which was only 130,000 more than 2017 levels. Become a member today.

Sales 535