Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. After the series wraps, join us on May 30th for the HW+ Virtual 2023 Forecast Event. The event is exclusively for HW+ members , and you can go here to register. Then, the mortgage interest rates were in the low-4% range.

Investor 429

Investor Equity New Construction Mortgages 429

Housing Wire

APRIL 3, 2023

Housing demand grew and inventory levels fell again while mortgage rates rose. Mortgage rates rose to 6.57%. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. The chart below shows how the weekly 10-year yield ended with lower bond yields.

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Marketing Banks Mortgages Sales 489

Housing Wire

DECEMBER 23, 2022

This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. The event is exclusively for HW+ members , and you can go here to register. Average mortgage rates jumped above 7% in November and have settled around 6.5%

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Marketing Fixed-rate mortgage MLS Mortgages 393

Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

Mortgages 450

Mortgages Marketing Banks Closing 450

Housing Wire

MAY 2, 2023

The housing market functions differently than other markets because it can be characterized as a heterogeneous, thinly traded, illiquid market. And, unfortunately, sellers are not selling in today’s higher mortgage rate environment. And, unfortunately, sellers are not selling in today’s higher mortgage rate environment.

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Sales Marketing Equity Mortgages 384

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. The event is exclusively for HW+ members , and you can go here to register. Home price correction likely nationwide and in majority of markets.

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Development Sales Marketing As-is 466

Housing Wire

OCTOBER 31, 2022

The Federal Reserve will hold another meeting this week, where everyone assumes we will get another 75 bps rate hike. The question is: how many more rate hikes are left? And, once they’re done hiking rates, will the Fed need to keep rates high because the consumer balance sheet looks so good?

Bankruptcy 517

Bankruptcy Lending Equity Mortgages 517

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. 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.

Marketing 346

Marketing Construction Equity Mortgages 346

Toronto Realty Blog

APRIL 29, 2024

” I can’t believe I said that. But if sharing is caring then I’m going to share with you today. 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! It was really low.

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Fixed-rate mortgage Banks Lending Mortgages 84

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. Let me throw some skin in the game here: my mortgage comes due in November of 2024. I’m on a 2.59% fixed-rate mortgage. What will prevailing rates look like in November of 2024?

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Fixed-rate mortgage Banks Mortgages Construction 73

Marco Santarelli

SEPTEMBER 16, 2023

Buying a house during a recession can be a good idea if you are qualified and willing to wait for prices to drop. Real estate experts say that if you can afford to buy a home right now, you should. Real estate experts say that if you can afford to buy a home right now, you should. Should I Buy a House Now or Wait for Recession?

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Debt-to-income ratio Loans Mortgages Short sale 97

The Close

AUGUST 22, 2023

But when you look at these July 2023 housing market numbers in a broader context of year-over-year data, you can see the true impact of high interest rates and low inventory. “Two factors are driving current sales activity—inventory availability and mortgage rates—unfortunately, both have been unfavorable to buyers.

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Purchase and sale agreement Sales Agents As-is 92

The Close

JUNE 22, 2023

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. To help you educate your clients, I’m going to share my most persuasive reasons why your client should start investing in real estate right now.

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Investor Debt-to-income ratio New Construction Construction 116

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?

Marketing 542

Marketing Mortgages Sales As-is 542

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. This is because lenders need to compensate for the decreased value of money over time due to inflation.

Marketing 52

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

Toronto Realty Blog

NOVEMBER 20, 2023

TorontoRealtyBlog I’ll be honest: I wasn’t sure how to begin today’s blog post. ” Affordable how? As you can tell from today’s title, my goal is to discuss the role that the private sector should have in the building of not only affordable housing but housing in general. Ah, but how much profit?

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Development Construction Land Industrial 75

Marco Santarelli

OCTOBER 18, 2022

Projected Interest Rates in 5 Years. Unless you have a crystal ball that can predict the future, it's impossible to know how much interest rates will rise in the coming five years. by the end of 2023. CBO expects inflation to exceed the Fed's 2 percent long-term goal in 2023 before approaching it in 2024.

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Mortgages Loans Investor As-is 52

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

Toronto Realty Blog

SEPTEMBER 6, 2022

I’ve always believed that working on your mental health can come from working on your physical health. If I can get home to work out on a Tuesday or Thursday at 6:00pm just twice per week, I feel great not only that night, but the next morning as well. About seven days! But seriously, what’s the difference?

Marketing 81

Marketing Banks Sales As-is 81

Marco Santarelli

MAY 4, 2023

In 2023, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. In this article, we'll examine a report published by Realtor.com on why turnkey homes for sale are still in demand and explore the reasons why some homes sell quickly while others sit unsold.

Sales 52

Sales Pre-approval Investor Renovation 52

Toronto Realty Blog

JULY 4, 2022

Hey, how are you? But not to worry, I have a story to tell about that book anyways… I actually read this book, if you can believe it or not. But not to worry, I have a story to tell about that book anyways… I actually read this book, if you can believe it or not. TorontoRealtyBlog. Well, now you found this blog!

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Sales As-is Banks Marketing 83

Realtor.com

DECEMBER 12, 2022

Mortgage rates and home prices jumped higher than we’d seen in recent years, and low inventory posed a problem for homebuyers and sellers alike. These missteps can take away from your enjoyment of your space, and they can seriously crimp your property’s curb appeal. Outdoor design fails Getty Images.

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Design Renovation Land As-is 122

Housing Wire

JUNE 27, 2023

Last year a theme of mine was that new home sales are historically low, and the builders know how to move products when needed. 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.

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Sales Construction As-is Mortgages 504

HomeLight

JUNE 14, 2023

Conversely, sellers hoping to attract the highest offers can use escalation clauses to increase their selling price. In this high-stakes game, an effective strategy can make all the difference. Enter the escalation clause — a tool that both homebuyers and sellers can use to gain a competitive edge. Step one: Talk to an expert!

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Finance Agents Proof of funds As-is 66

Housing Wire

APRIL 13, 2022

In this HW+ Slack Q&A , HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports 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.

Mortgages 439

Mortgages Marketing Construction As-is 439

Housing Wire

FEBRUARY 3, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. The event is exclusively for HW+ members , and you can go here to register. Mortgage Rates In January, rates were hovering in the 6% range.

Marketing 366

Marketing Mortgages Sales As-is 366

Toronto Realty Blog

SEPTEMBER 7, 2023

Maybe I’m just a big softie, but walking away from a crying child who is begging you not to go, and from behind an N-45 mask, no less, was absolutely gut-wrenching. On Tuesday, we looked at the first four “Burning Questions” for the fall market, and inventory was one of them. Parents, you know what I mean.

Marketing 80

Marketing Land Development Banks 80

Toronto Realty Blog

JANUARY 9, 2023

Looking back on it, I suppose I didn’t “need” to write a thousand words or more about my holiday break in Thursday’s blog post, thereby extending the length of the blog and only allowing us to examine two of the ten discussion points for 2023. But just how common are defaults in Canada? Is that a lot?

Land 83

Land Development Pre-approval Banks 83

Toronto Realty Blog

DECEMBER 19, 2023

We all know how that goes. 3) The Market Shift 2) “Fixing” The Housing Market 1) Inflation & Interest Rates I can’t imagine that we won’t overlap with at least one of those themes this year. ” Nah. But it’s not for lack of effort on my part! Pre-Construction.

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Pre-approval Construction Development Agents 82

Toronto Realty Blog

JANUARY 5, 2023

So, how was your holiday break? My mom was into recycling before recycling was a thing, so we’d have the luxury of choosing from various scraps of wrapping paper, ribbons, and random arts-and-crafts supplies to affix to our box, and then go to town on it with a variety of magic markers. TorontoRealtyBlog. No, seriously.

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Banks Mortgages Bankruptcy As-is 80

HomeLight

MARCH 30, 2023

Everything from stubborn inflation and increasing mortgage rates to potential home price declines could cause potential buyers to rethink a new home investment. However, despite many negative feelings about the housing market, experts say there are bright spots for home buyers to consider in 2023: 1.

Mortgages 84

Mortgages Agents Marketing As-is 84

Toronto Realty Blog

AUGUST 10, 2023

TorontoRealtyBlog Is this a “can of worms?” This might be a case of, “I’ll lay it out for ya’ll to play it out,” but do any of us really know what caused the housing crisis, who is to blame, or how to fix it? ” That’s how most people took this. “Not our job.”

As-is 75

As-is Construction Mortgages Title 75

Realtor.com

DECEMBER 8, 2022

Mortgage rates were low, then soared to a 20-year high of 7.08% before dipping again. Median national list prices rose to a historic $450,000 , and then they, too, began to fall. With so much going on, it’s little wonder that you might have missed some of the advice we gathered in the past year. So, Happy New Year!

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Pre-approval New Construction Inspection Construction 126

HomeLight

FEBRUARY 9, 2023

DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. the California housing market is seeing a decline in prices, and that decline will likely continue in 2023. the California housing market is seeing a decline in prices, and that decline will likely continue in 2023.

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House Flipping Hard money loan Finance Investor 82

HomeLight

MARCH 10, 2023

DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. Investors and individuals are drawn to house flipping in the state of New York because it can be creatively satisfying as well as a very lucrative venture, with flippers earning an average profit of $56,400 in the Empire State.

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House Flipping Renovation Investor Finance 85

Toronto Realty Blog

JULY 18, 2022

I felt sad because, well, it’s human nature to feel bad when things aren’t going your way – like being sick, like missing work, like not being able to run. What was going on? The market going to s**t, bud? One from a client: David, we just heard about the interest rate hike! Holy f **g s**t balls!

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Banks Lending Land As-is 95

Real Trends

DECEMBER 16, 2022

When we started 2022, everything was crazy — bidding wars, immediate sales, overbidding on homes, mortgage rates under 3% — what a year it’s been. This article will focus on what we can see for 2023. Today, we’re going to look at what we can see for 2023. Mortgage rates are key.

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Marketing Mortgages Sales As-is 86