Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? This bond market is screaming at the Fed to cut rates.

Banks 384

Banks Marketing Mortgages As-is 384

Housing Wire

AUGUST 4, 2023

Mortgage rates are finally headed lower after a crazy week of jobs data showing that the economy isn’t going into recession. From BLS : Total nonfarm payroll employment rose by 187,000 in July, and the unemployment rate changed little at 3.5 As you can see in the chart below, the job growth rate is slowing, as it should.

Mortgages 370

Mortgages Staging As-is Closing 370

Housing Wire

NOVEMBER 4, 2022

This means the honey badger labor market will keep the Federal Reserve from pivoting anytime soon. . The labor market is actually running into a big theme of my economic work over the years. No country has a Dorian Gray labor market and the labor market deals with different dynamics as the baby boomers leave the workforce each year.

Marketing 504

Marketing Construction Land Mortgages 504

Housing Wire

MAY 9, 2022

wasn’t in a second housing bubble. To persuade people of this, probably one of the most important articles I have ever written in my life was in 2019, titled: Housing Bubble 2019? This was my best attempt to convince the housing bubble boys that what they believed in is more fabrication than reality before the years 2020-2024.

Short sale 530

Short sale Mortgages Equity Sales 530

Housing Wire

FEBRUARY 26, 2021

HousingWire Lead Analyst Logan Mohtashami joins the HousingWire Daily podcast to talk about why low mortgage rates need to end. During the interview, HW+ Managing Editor Brena Nath interviews Mohtashami on his most recent article , “We need higher mortgage rates to cool the housing market.”.

Mortgages 403

Mortgages Marketing 403

Housing Wire

NOVEMBER 26, 2021

During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. Federal Reserve first rate hike? Here is the 2-year yield before the headline on the new variant: Currently, the 2-year yield has fallen and is 0.50%.

Mortgages 538

Mortgages As-is Equity Sales 538

Housing Wire

JUNE 17, 2022

This week’s HW+ member spotlight features Amanda Hill, head of mortgage solutions at Reggora. Below, Hill answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? HousingWire: What do you think will be the big themes for the housing market in 2022?

Lending 380

Lending Finance Mortgages Technology 380

Housing Wire

MARCH 31, 2022

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

Bankruptcy 530

Bankruptcy Lending Mortgages Title 530

Housing Wire

FEBRUARY 3, 2022

This article is part of our HousingWire 2022 forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. 5 predictions for the 2022 housing market.

Marketing 410

Marketing Mortgages Finance Title 410

Housing Wire

MAY 23, 2023

While it’s not as clear how long-lasting the rebound will be, it does still provide some much-needed good news for the spring and summer housing market. Data from NAR also shows a home price correction in nearly one-third of the 221 markets it tracks in the first quarter of 2023.

Marketing 432

Marketing Sales Mortgages As-is 432

Housing Wire

JANUARY 27, 2022

I have been a happy camper lately, particularly with the rise of the 10-year yield as I am seeking balance in the housing market. I love these times in the market and the San Francisco 49ers are making an epic run in the playoffs, so what else can a person ask for? Today, as I write this article, the 10-year yield is at 1.793%.

Mortgages 410

Mortgages As-is Closing Marketing 410

Housing Wire

MARCH 28, 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. To get access to the next Q&A, you can join HW+ here. HousingWire: How will rising rates affect new home construction? What has remained the same?

Marketing 370

Marketing Construction Equity Mortgages 370

Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. What a year 2021 has been.

Marketing 533

Marketing Equity Construction Bankruptcy 533

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. To get access to the next Q&A, you can join HW+ here. HW+ Member: With all of the money coming out of Rubles and a crazy equity market. housing market.

Sales 449

Sales As-is Equity Mortgages 449

Toronto Realty Blog

APRIL 29, 2024

My mortgage is up for renewal in November of 2024. I simply can’t believe that it’s been five years, but here we are, and boy – did it go by quickly! I closed on my current home in August of 2018 and at the time I had a variable rate. So in late 2019, I decided to lock into a 5-year-fixed rate of 2.59%.

Fixed-rate mortgage 70

Fixed-rate mortgage Banks Lending Mortgages 70

Toronto Realty Blog

JANUARY 11, 2024

It’s only been a few days but already, I feel as though this January real estate market is going to be very slow. Very few listings have come onto the market, but more importantly, the pattern of behaviour I have established when looking at “new listings” is concerning. I’m on a 2.59% fixed-rate mortgage.

Fixed-rate mortgage 73

Fixed-rate mortgage Banks Mortgages Construction 73

The Close

APRIL 30, 2024

When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. We also need to know how to have a price reduction conversation with our clients since pricing for homeowners can be emotionally driven. Buyers may question why the price dropped and think something is wrong with the home.

Agents 65

Agents Short sale Staging Sales 65

Lighter Side of Real Estate

AUGUST 31, 2023

If you think about it, there are exactly the same number of sellers as there are buyers every year — one of each per house sold. It’s pretty easy to passively stumble into buyers to work with as an agent, since they often make themselves known because they want to see houses that are on the market. And that’s in a normal market!

Agents 95

Agents Branding Mortgages As-is 95

Realty Biz

JUNE 23, 2022

At first glance, it might seem intuitive that rising interest rates will have a negative effect on the housing market. Interest rates rising today and for the next several months is probably good for the housing market. Obviously, we are watching that quite carefully [prices and mortgage rates].

Marketing 97

Marketing Mortgages As-is Residential 97

The Close

JUNE 22, 2023

But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. This is because it is difficult to identify the top of a market, and nobody wants to buy at the top of the market just to watch the value of their investments fall during a downturn.

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

Toronto Realty Blog

JUNE 2, 2023

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? I’ve been around for almost two decades and I’ve seen just about everything when it comes to interest rates. In July of 1980, the Bank of Canada overnight rate was 9.93%.

Banks 71

Banks As-is Marketing Mortgages 71

Housing Wire

MARCH 21, 2024

Unless mortgage rates go lower, that’s what we should expect, because that’s what happened last year. When mortgage rates headed lower at the end of 2022 into 2023, we had 12 weeks of positive weekly purchase application data. So, unless rates go down, this might be the high in sales in 2024.

Sales 496

Sales Mortgages Days on market Investor 496

Housing Wire

NOVEMBER 11, 2022

This week’s HW+ member spotlight features James Polinori, chief marketing officer at Geneva Financial. Below, Polinori answers questions about the housing industry: HW Media: What is your current favorite HW+ article and why? Proper data marketing is incredibly overlooked or underutilized in our industry.

Loans 73

Loans Industrial Mortgages MLS 73

Toronto Realty Blog

DECEMBER 4, 2023

TorontoRealtyBlog Here’s a new one: why don’t we “blame” the current housing prices on the natural forces of supply and demand in a free market? We need a scapegoat! 2) CMHC 3) The Bank of Canada 4) Lenders 5) Realtors 6) Society 7) Buyers 8) The Free Market Wow, this was so, so long ago.

Investor 68

Investor Construction Equity Finance 68

Toronto Realty Blog

JULY 12, 2021

Governments need new revenue tools because they’re always in need of new revenue. That’s because they’re always in need of revenue in general. ” She scanned the notice she received in the mail and emailed it to me. 61 KM/H in a 50 zone. What a joke. Just as I suspected; that was me driving the car.

Banks 111

Banks Lending Mortgages Loans 111

Realty Biz

JUNE 9, 2022

higher than in April 2021, so that inflation remained close to 40-year highs? Fortunately, in this article, we’ll review what inflation means for you as a first-time home buyer. If often, prices rise over time, this encourages people to buy services, goods, and houses, even—instead of waiting to do so later. What Is Inflation?

Debt-to-income ratio 87

Debt-to-income ratio Closing costs Loans Closing 87

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. in total for the year.

Marketing 543

Marketing Mortgages Sales As-is 543

Toronto Realty Blog

NOVEMBER 20, 2023

“It’s not the job of the private sector to build affordable housing.” ” I suppose I could, but this is kind of a grey area, since the private sector could build affordable housing, so long as it was paid for by the public sector. .” “There’s not enough affordable housing in Toronto.”

Development 75

Development Construction Land Industrial 75

Housing Wire

JUNE 27, 2023

One group has the advantage here while the other doesn’t: The new home sales market is minuscule versus the existing one, and the builders sell their homes like a commodity. Last year a theme of mine was that new home sales are historically low, and the builders know how to move products when needed. Now on to the report.

Sales 508

Sales Construction As-is Mortgages 508

Toronto Realty Blog

JUNE 20, 2022

That was the headline of the article. The previous regime of the US Federal Reserve was trying to combat both recessionary pressures and inflation simultaneously, with interest rates being lowered and raised like a yo-yo, making a mess of the financial markets, consumer expectations and understanding, and the price of goods and services.

Principal 97

Principal Fixed-rate mortgage Pre-approval Mortgages 97

Marco Santarelli

MAY 4, 2023

In 2023, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. While fixer-uppers, homes with less curb appeal, and those located in less desirable areas are sitting on the market for longer, turnkey homes in good school districts remain hot commodities.

Sales 52

Sales Pre-approval Investor Renovation 52

Toronto Realty Blog

APRIL 22, 2022

Then again, it seems that a large portion of the general public is really only interested in articles that talk about house prices declining, regardless of the authenticity and accuracy of the stated facts. Perhaps a second and more appropriate question is: Why is real estate so expensive ? It’s low interest rates.

Land 86

Land Development Construction Investor 86

The Close

AUGUST 18, 2022

Here’s why: older homeowners respond very well to snail mail delivered by the good old USPS. And since almost every other demographic is sick of online ads, prospecting letters tend to have an excellent response rate. The market doesn’t care when we want to sell or for how much, so many homes like yours end up unsold.

Purchase and sale agreement 98

Purchase and sale agreement Title Closing Short sale 98

Housing Wire

JANUARY 12, 2022

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. Mortgage demand needs to slow down. Houston, we have a problem. million and 6.16

Days on market 538

Days on market Loans Mortgages Sales 538

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. Purchase application data.

Marketing 458

Marketing Mortgages Sales As-is 458

Marco Santarelli

DECEMBER 22, 2020

Mortgage note investing is one of the best real estate investment opportunities available but it is rarely discussed. In this article, we shall discuss the various types of mortgage notes and how to invest in them. Mortgage notes are also known as real estate lien notes and borrower’s notes.

Mortgages 122

Mortgages Purchase and sale agreement Fixed-rate mortgage Loans 122

Toronto Realty Blog

APRIL 18, 2022

Read the article HERE. But the point I’m trying to make today is that you can seemingly make a market out of anything. You can make a market out of anything. Now, why am I saying all of this? So what if a buyer of a house could save $50,000 per year on mortgage interest? The current bidding?

Fixed-rate mortgage 91

Fixed-rate mortgage Mortgages Purchase and sale agreement MLS 91