The Close

MAY 15, 2023

Not even the wild ’70s inflation, the astronomical interest rates of the ’80s, or the housing crash of the aughts have prepared us for the current market. There is nothing for sale. This makes it incredibly frustrating for first-time buyers (and their agents). They (and you) are not alone. So, what’s going on?

Marketing 105

Marketing Agents Mortgages Loans 105

Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. month supply at the current sales pace.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

Housing Wire

JULY 26, 2022

Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. “I don’t expect a boom in housing construction.

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Sales Construction Mortgages Title 501

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? housing market as savagely unhealthy.

Marketing 77

Marketing Investor Mortgages Construction 77

Toronto Realty Blog

JANUARY 5, 2023

We would pick our box, then head home and decorate it! I distinctly remember playing with my brother and sister in the upstairs of our Parkhurst Boulevard home pretending to open presents, and pretending to put them in our Christmas Boxes. Tell us ! Perhaps a better question: what did you get for Christmas? I got nothing.

Banks 81

Banks Mortgages Bankruptcy As-is 81

Marco Santarelli

AUGUST 3, 2020

San Antonio housing prices rose by around 5% in the last year due to strong demand. Before this pandemic hit the nation, even though the San Antonio housing market had cooled off a bit, the home values were expected to climb but at a slower pace in 2020. This further demonstrates the ongoing supply of homes as they sell.

Marketing 125

Marketing Investor Sales Construction 125

Marco Santarelli

MARCH 15, 2021

Housing data by Bright MLS, Inc. Philadelphia is a hot seller's real estate market by all housing indicators. Philadelphia home prices rose by nearly 13% in 2020. Low-interest rates, tight supply, and high buyer-demand will keep the market hot and exert even more upward pull on house prices.

Marketing 127

Marketing Investor Sales As-is 127

Marco Santarelli

AUGUST 18, 2020

What is it doing to the Boston housing market? In June, the pending sales of single-family homes jumped 43.6 percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7 The lack of housing supply is evident in the inventory data for June. year-over-year.

Marketing 125

Marketing Purchase and sale agreement Investor Sales 125

Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. The Greater Phoenix area was also predicted to be among the top housing markets in the year 2020. The Greater Phoenix area was also predicted to be among the top housing markets in the year 2020. in a single month, and up 12.5%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

GeekEstate

JANUARY 17, 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. Last year’s central prediction theme was de-carbonization. It’s an imperative: We must act now.

MLS 134

MLS Title Residential Brokerage 134

Marco Santarelli

DECEMBER 16, 2020

Texas gets attention as the home to several of the fastest-growing and appreciating markets in the country. Oklahoma is one of the hottest housing markets in the nation. There was already a shortage of housing supply, then when the pandemic showed up in March, many sellers decided to take their properties off the market.

Marketing 120

Marketing Purchase and sale agreement Investor As-is 120

Marco Santarelli

NOVEMBER 10, 2020

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. Home prices in Ada County were up again in September. The overall median sales price, including existing and new home sales, reached $409,945 last month, an increase of 17.2% A supply of 0.4

Marketing 138

Marketing Sales Construction Investor 138

Marco Santarelli

JULY 1, 2022

If you are looking at buying a house in Charleston, SC as a potential investment opportunity, you must read till the end. Charleston is home to over a hundred and thirty thousand people. However, the Charleston housing market is significantly larger than this. Let’s take a look at the latest Charleston housing market trends.

Marketing 98

Marketing Investor As-is Sales 98

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And don’t forget about rising materials costs and builder escalation clauses that could add thousands to a home’s base price.

Agents 127

Agents New Construction Purchase and sale agreement Construction 127

Marco Santarelli

SEPTEMBER 8, 2021

It is home to roughly half a million people. However, the Raleigh housing market is much larger than this. The Raleigh real estate market is landlord-friendly, contains several large populations of renters, and has an economic future that ensures long-term growth in housing demand and rents.

Marketing 106

Marketing Sales Days on market As-is 106

Marco Santarelli

JULY 29, 2020

Things improved further in May when pending sales and new listings surged in the Portland housing market. The average sale price in the Portland-area dipped by a mere 0.8% The median sale price held steady from April ($424,000) to May ($425,000). month supply of homes for sale, which was steady with April 2020?s

Marketing 127

Marketing Investor Sales As-is 127

Marco Santarelli

SEPTEMBER 17, 2020

The Kansas City real estate market is very hot and in many ways the envy of housing pundits on both coasts. Despite the COVID pandemic causing huge unemployment and impaired consumer confidence in real estate buying and selling, the Kansas City housing prices are soaring. percent compared to the same quarter in 2019. year-over-year.

Marketing 122

Marketing Sales Investor Days on market 122

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. Census Bureau and the Department of Housing and Urban Development.

Sales 460

Sales Construction New Construction Mortgages 460

The Close

FEBRUARY 20, 2023

In this article, I’ll cover the basics of hard money loans, how to choose the hard money lender that’s right for you, how to get approved for financing, and much more. The good news is that Kiavi specializes in just that: hard money loans for rental properties. The loan term is 30 years with a three-year prepayment penalty.

Hard money loan 98

Hard money loan Debt-to-income ratio Lending Loans 98

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.

MLS 62

MLS Title Residential Brokerage 62

GeekEstate

JANUARY 12, 2023

Well, the music has stopped and the chickens have come home to roost. [Editor’s Note: Below is the full text of our 239th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on January 4th, 2023.]. For two straight years our central prediction theme was climate ( 2021 version ).

MLS 62

MLS Banks Technology Equity 62

Housing Wire

AUGUST 27, 2021

A recent syndicated article on racial bias from The Markup on racial bias, published by ABC news, AP, Market Watch and more, has drawn a great deal of attention from trade groups, policy makers and housing advocates with support from some and attacks from others. First , I take issue with the article for a few reasons.

Debt-to-income ratio 412

Debt-to-income ratio Purchase and sale agreement Pre-approval Loans 412

Marco Santarelli

APRIL 30, 2021

Real Estate Investing makes people think of money. It is more than just buying a home or looking for an investment property. You will see a lot of good reasons for this. Real estate is only available in limited quantities. After all, manufacturing more land is impossible. This certainly has something to do with the economy.

Investor 112

Investor Residential Finance As-is 112

Boom Town

DECEMBER 18, 2018

Defined by the crushing great recession of 2008 and the subsequent steady rise to a booming seller’s market (fueled by sky-high home prices and stalled inventory growth), it’s been a wild ride. Home Prices: Slight Deceleration. What we’re seeing is a lull in the annual increase of median home prices. But it is shifting.

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Agents Marketing Staging Sales 58

Lab Coat Agents

NOVEMBER 11, 2020

My passion makes many people uncomfortable, but their complacency makes me uncomfortable, so it’s a fair trade. We were in and out of government housing and shelters when my life changed significantly; my mom received a section-8 voucher when I was in 6 th grade. It felt like home.

Industrial 98

Industrial As-is Agents Loans 98

HomeLight

OCTOBER 19, 2020

Interest rates are low, home prices are rising, and homes are selling quickly — often after a bidding war! Real estate has been one of the few bright spots in the American economy all year long. But as the year comes to a close, there are big questions: How long will this last? What impact will the election have?

Agents 98

Agents Industrial As-is Marketing 98

Housing Wire

SEPTEMBER 11, 2023

Supply and demand — when demand is low, MBS prices will drop at sale and the corresponding yields will rise. Supply and demand — when demand is low, MBS prices will drop at sale and the corresponding yields will rise. Historically, the GSEs could make up for the short in demand if needed. trillion. . Acharya, C.V.

Mortgages 467

Mortgages Purchase and sale agreement Banks Finance 467

Housing Wire

DECEMBER 7, 2020

There is a compelling argument that ending historic economic and racial inequity should start with housing, specifically down payment assistance. With home equity accounting for a quarter of total U.S. With home equity accounting for a quarter of total U.S. A growing need for down payment assistance.

FHA loan 487

FHA loan Debt-to-income ratio Loans Equity 487