Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. At the end of this series, you can join us on May 10 for a Housing Market Update webinar.

Debt-to-income ratio 384

Debt-to-income ratio Equity Pre-approval Finance 384

Housing Wire

NOVEMBER 9, 2022

The years 2020-2024 were going to be the time when total home sales could finally reach 6.2 The years 2020-2024 were going to be the time when total home sales could finally reach 6.2 I knew housing would be OK as long as home prices only grew at 23% over five years — 4.6% nominal per year at most.

Mortgages 496

Mortgages Sales As-is Marketing 496

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. 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

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The pandemic, as well as policymakers, continue to have the ability to send shocks through the system.

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Mortgages Marketing Industrial Equity 458

Housing Wire

JULY 2, 2023

Since May 15, that trend has continued to the point that inventory in America is now negative year over year. Then in a short amount time, we had the biggest and fastest mortgage rate spike in history, which facilitated the biggest one-year crash in home sales in history, which helped inventory grow faster than normal in 2022.

Marketing 458

Marketing Mortgages As-is Sales 458

Housing Wire

MARCH 25, 2022

This week’s HW+ member spotlight features Arjun Dhingra, who serves as sales and business development at All Western Mortgage. Dhingra has over 20 years of experience helping homebuyers and real estate agents and is an expert when it comes to harnessing the power of social media to help educate and inform people on the home-buying process.

Technology 384

Technology Industrial Mortgages Lending 384

The Close

JUNE 22, 2023

Related Articles 7 Critical Parts of Every Real Estate Investment Business Plan How Smart Investors Decipher & Respond to Real Estate Market Cycles 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year Is Right Now Really a Good Time to Invest in Real Estate? But first, let’s get a handle on the basics.

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

Realty Biz

AUGUST 6, 2021

Let’s not lose sight of the fact that it was a housing market crash 13 years ago that set off a worldwide recession. Not that we are on the verge of another Great Recession, but we must be aware of the ongoing signals of distress in the real estate market if another meltdown is to be avoided. What We Learned From the Great Recession.

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Short sale Loans Equity Mortgages 103

Realty Biz

FEBRUARY 14, 2023

You may have questions such as: Will mortgage rates continue to increase? However, many economists remain divided about whether home prices will continue to decline or stay the same throughout 2023. Mortgage Rates We can expect mortgage rates to remain relatively low if inflation continues to slow in 2023.

Marketing 102

Marketing Mortgages New Construction As-is 102

Windemere Selling

MARCH 8, 2023

Where things are on the buyer’s/seller’s market spectrum will impact how you and your Windermere real estate agent approach selling your home. As a part of this process, it’s important to understand the different types of markets and how their conditions play into accurately pricing your home.

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Marketing Days on market MLS Agents 93

The Close

AUGUST 22, 2023

The real estate housing market numbers, month over month, reflect incremental increases in inventory and median price, which have resulted in an incremental decrease in sales activity. Existing sales slipped 2.2% from last month, but sales are down 16.6% There just aren’t many houses at the lower price points out there for sale.

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Purchase and sale agreement Sales Agents As-is 96

Housing Wire

JANUARY 5, 2023

Housing went into a recession in June and mortgage volume fell off a cliff. Home price s. I wrote then: “I am looking for total home-price growth to be between 5.2% That price forecast will be incorrect, as home prices will likely end up between 6.8% So where does all that drama leave us for 2023? in total for the year.

Marketing 543

Marketing Mortgages Sales As-is 543

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. This becomes REO.

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Purchase and sale agreement Short sale Loans Inspection 102

The Close

DECEMBER 27, 2022

Therefore, in this article we will explore common real estate market cycles and the indicators you can look for to better understand which market stage your area is in. Therefore, in this article we will explore common real estate market cycles and the indicators you can look for to better understand which market stage your area is in.

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Investor Staging Marketing Banks 98

Toronto Realty Blog

NOVEMBER 20, 2023

It’s nothing new. Over the last year, I have noticed an increasing number of newspaper articles, opinion pieces, or quotes on social media that seem to “blame” the private sector for the housing crisis. TorontoRealtyBlog I’ll be honest: I wasn’t sure how to begin today’s blog post.

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Development Construction Land Industrial 75

Housing Wire

JANUARY 4, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. The economy looks to be ending 2022 on a positive note, unfortunately, it doesn’t alter our view that we’ll likely enter a mild recession in the new year. percent in 2022 before entering a modest recession in the new year.

Marketing 530

Marketing Mortgages As-is Construction 530

The Residential Specialist

DECEMBER 21, 2022

Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Short sales are not suited to all REALTORS ®.

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Short sale Sales Banks Principal 52

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. However, for the new home sales sector, it would put their business model at risk.

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Sales Construction Mortgages Title 504

Housing Wire

JUNE 27, 2023

New home sales are up 20% year over year, and existing home sales are down 20% year over year; this is something we don’t see very often. 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.

Sales 508

Sales Construction As-is Mortgages 508

Housing Wire

JULY 8, 2022

Below, Healy answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Rogers Healy: This is my favorite article because it accurately outlines how the housing market is not the only factor in a recession. HousingWire: When do you feel success in your job?

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MLS Lending Equity Agents 76

Redfin

MARCH 27, 2024

From the elegant estates in Seattle to the modern penthouses in New York , the diversity of luxury properties in the U.S. this Redfin article unveils 10 of the most expensive homes for sale by Redfin, offering a glimpse into the epitome of luxury living in the U.S. is as vast as the nation itself.

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Sales Design As-is Staging 58

Toronto Realty Blog

NOVEMBER 7, 2022

Sales are down, prices are flat, the sexy “bidding war” stories aren’t being told with regularity by newspaper columnists, and thus there’s nothing for us to get all riled up about. Well, it looks like they’ll continue to spin, continue to write eye-catching headlines, and continue to play on fears.

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Sales Marketing As-is Finance 73

Toronto Realty Blog

AUGUST 13, 2021

That book is comprised of printed Excel spreadsheets that I have made myself and continuously update. Sure, I’ve got all the big sports covered. But you want winners of major tennis championships dating back 120 years? It’s in there. Formula One Championship winners? Got that too. Steph Curry just signed for $54 Million per year.

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Agents Sales As-is Closing 124

Redfin

APRIL 13, 2021

Due to remote work and record-low mortgage rates, Americans are relocating and purchasing homes at an all-time high. However, there is a major problem – there aren’t nearly as many homes for sale as there are buyers. Consumers expect prices to increase further, so everyone wants to buy a home as quickly as possible.

Marketing 66

Marketing Lending Mortgages As-is 66

McKissock

MAY 26, 2023

“Reaching out to attorneys covers the market for divorce appraisals and estate sales, which still continue in a market where sales and refinancing may be down, and allows for a diverse data base.” This month we asked our appraisal community, “What’s the BEST way to survive a slow market as an appraiser?”

Marketing 64

Marketing Commercial Investor As-is 64

Housing Wire

SEPTEMBER 28, 2023

More than a few firms learned this the hard way during the housing meltdown and Great Recession, when foreclosure volume soared and public scrutiny intensified. A look at default activity past and present The default industry was thrust into the public view during the Great Recession. million households lost their homes to foreclosure.

Industrial 421

Industrial Mortgages Technology Loans 421

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. In theory, the sales levels are lower than the data will show.

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Sales Construction New Construction Mortgages 466

Marco Santarelli

MARCH 4, 2021

The median home price in “Salt Lake County” was $378,411 in 2020, +10.5% Total home sales were up 5.5% The inventory has sharnk to an extremley low level and home prices in Salt Lake City are expected to rise by record levels in 2021. New Listings. Housing data by Salt Lake Board of Realtors®.

Marketing 124

Marketing Investor Development As-is 124

Toronto Realty Blog

JUNE 20, 2022

I have a tanning bed at home, you should get one.” That was the headline of the article. This causes not just a recession, but rather two recessions, in what’s referred to as the “double-dip.” TorontoRealtyBlog. Do you subscribe to the Wall Street Journal ? Inflation Hit 8.6% in March of 1980.

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Principal Fixed-rate mortgage Pre-approval Mortgages 97

Housing Wire

DECEMBER 20, 2021

But when a new, powerful variable presents itself, like the worldwide COVID-19 pandemic, the economy can change on a dime. Most of the time, the economy is like a slow-moving ocean liner that changes direction gradually and without much effort. COVID was a veritable iceberg for our ocean liner economy, but the ship did not go down!

Mortgages 544

Mortgages Sales As-is Construction 544

Marco Santarelli

MARCH 17, 2023

The housing market crash of 2008 was a catastrophic event in the history of the United States housing market, leading to a severe economic recession that impacted millions of Americans. This article aims to provide an in-depth understanding of the housing market crash of 2008 and compare it to the current state of the housing market.

Marketing 59

Marketing Lending Banks Mortgages 59

Marco Santarelli

APRIL 26, 2023

In this article, we will delve into the relationship between housing market interest rates and real estate trends, providing insights into the current state of the market and what the future may hold. For instance, in the early 1980s, the mortgage interest rate peaked at around 18%, making it challenging for people to afford homes.

Marketing 52

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

Housing Wire

SEPTEMBER 13, 2022

Each city has a unique market and enticing listings to attract new residents. The Minneapolis-Saint Paul metropolitan area, better known as the Twin Cities, is home to everything from professional sports teams to award-winning theater productions, a vibrant craft beer scene, as well as the nation’s largest shopping mall.

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Housing Wire

JANUARY 26, 2022

This article is part of our HousingWire 2022 forecast series. But what if the market conditions include historically low levels of available inventory for sale, and competing for that limited inventory with institutional investors as well as millions of millennial homebuyers? The good news: demand isn’t going away.

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Investor Development Title As-is 432

The Residential Specialist

AUGUST 28, 2020

experienced growth as the economy began to recover from the Great Recession. A dedicated home office. Vacation homes. But as the new coronavirus began to spread in early 2020, city life became synonymous with high COVID-19 case counts, cramped quarters and shuttered businesses. By Kathleen Hagan. A bonus room.

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New Construction As-is Land Agents 98

Housing Wire

MAY 2, 2022

This article is part of our housing market update series. While housing market trends in the first quarter of 2022 resembled the previous year’s trend — buyer frenzy, homes selling over the asking price and continued home price appreciation — much has changed in the spring, which will impact some of the previously forecasted scenarios.

Marketing 384

Marketing Equity Loans Investor 384

Point2Homes

NOVEMBER 22, 2020

Considering savings rates, median incomes and median home prices, the time needed to save for a 20% down payment in the 100 largest U.S. Considering savings rates, median incomes and median home prices, the time needed to save for a 20% down payment in the 100 largest U.S. Homes are flying off the shelves after pent up demand.

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Finance Loans As-is Marketing 96