Remove As-is Remove Design Remove Sales
article thumbnail

FHA walks back Biden-era restrictions on foreclosed property sales

Housing Wire

In walking back policies designed to boost participation in foreclosed property sales for nonprofit and government bodies, the Federal Housing Administration (FHA) said that policies put in place in 2022 that restrict certain sales to these entities for a 30-day period have produced mixed results at best and will now be rescinded.

Sales 410
article thumbnail

Why did existing home sales grow with higher mortgage rates?

Housing Wire

Some people might have been surprised by existing home sales growth for the last two months, but they would have known what was happening if they followed our weekly Housing Market Tracker data. On a year-over-year basis, the NAR median sales price index has been growing higher for three months in row. million in November. months to 3.8

Sales 472
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FHFA data on non-performing loan sales reflects fewer delinquencies since pandemic

Housing Wire

The Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data has shown a steady drop in mortgage delinquencies since the start of COVID-19 pandemic.

Loans 383
article thumbnail

Two maps that show where the housing market is struggling

Housing Wire

Existing-home sales are hovering around 4 million and many markets that are typically fruitful for homebuilders have stalled. All of the cities in these two states that JBREC disclosed a grade for are now designated as slow. Overall, sentiment among agents and homebuilders is souring. This is the spring selling season.

Marketing 443
article thumbnail

Trapped by design: Why America’s housing market is stuck — and what the rest of the world can teach us

Housing Wire

Existing home sales have hit multi-decade lows. The core insight: a well-designed financial product can serve both borrowers and lenders without creating systemic friction. In todays environment, that design is becoming a liability. And while U.S. The scale of the lock-in problem is staggering. Nearly two-thirds of U.S.

Design 228
article thumbnail

California will require home insurers to offer policies in high-risk wildfire areas

Housing Wire

Fewer options have led more homeowners to the California FAIR Plan, which is designed to be a stopgap measure rather than a permanent solution. The lack of insurance options has also led to many home sales falling through. This is a historic moment for California.

Design 517
article thumbnail

AgentCoach.AI is deploying bots to train real estate agents

Housing Wire

Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. said in a statement.

Agents 322