Housing Wire

MARCH 8, 2024

For now, we can say the labor market isn’t tight anymore, but it’s also not breaking. The four-week moving average declined slightly by 750, to 212,250 Below is an explanation of how we got here with the labor market, which all started during COVID-19. Jobless claims show an expanding economy that has not lost jobs yet.

Marketing 497

Marketing Mortgages As-is Finance 497

Housing Wire

AUGUST 9, 2023

Unlike others that are more reactive to cyclical market conditions, we will continue to be aggressive in our technology and product investments. The company’s GAAP net income in Q2 was $228.8 We are hiring right now, whereas the industry as a whole is continuing to cut back on capacity,” Mat Ishbia, chairman and CEO, said in a statement.

As-is 370

As-is Principal Mortgages Loans 370

Housing Wire

APRIL 18, 2024

The challenges in today’s mortgage market have caused many originators to expand their loan product offerings outside of qualified mortgage (QM) criteria set by the Consumer Financial Protection Bureau (CFPB). In addition to stealth underwriting skills, it is imperative to respond to changes in the market proactively.

Marketing 414

Marketing Loans Investor Banks 414

Housing Wire

APRIL 4, 2024

Nominations for HousingWire’s 2024 Marketing Leaders are open until April 30, 2024. While they have endured a rocky, rates-driven cycle, marketers in mortgage and real estate continue to play a pivotal role in lead generation, customer acquisition and retention differentiation that has helped to keep many organizations stay afloat.

Marketing 316

Marketing Industrial Mortgages Inspection 316

Housing Wire

MARCH 27, 2024

Against the backdrop of elevated mortgage rates and soaring home prices , discerning the evolving financial dynamics between renter-friendly and buyer-friendly markets is also paramount. Louis; and Baltimore transitioned over the previous 12 months from markets that favor buyers to ones that favor renters. difference.

Marketing 469

Marketing As-is Mortgages Finance 469

Inman

MARCH 26, 2024

The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers.

As-is 184

As-is Marketing Agents 184

Housing Wire

SEPTEMBER 26, 2023

“Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. The seasonally‐adjusted estimate of new houses for sale at the end of August was 436,000. At the current sales rate, this represents a supply of 7.8

As-is 497

As-is Sales New Construction MLS 497

Housing Wire

JUNE 15, 2023

Bond yields and rates started to rise as the debt ceiling was getting closer and closer, and we have had such big bond market auctions to deal with that pushed yields higher, even after a tame inflation report,” Mohtashami said. up from March’s projection at 3.3%; core PCE inflation at 3.9% by the year-end, a drop from the projected 4.5%

As-is 383

As-is Industrial Fixed-rate mortgage Mortgages 383

Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

Marketing 436

Marketing Residential Technology Branding 436

Housing Wire

APRIL 24, 2024

That is similar to the iBuyer slowdowns in markets like Jacksonville as the industry segment struggles to gain a foothold. Few cities have benefited as much from the recent trend of Americans increasingly moving south as Dallas. Census Bureau. Houston ranks fourth with 2.3 million people, Dallas ninth with 1.3

Brokerage 354

Brokerage Marketing MLS Mortgages 354

Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. billion in purchase originations in 2023, up 4% from 2022 and good for a market share of nearly 8%.

Mortgages 462

Mortgages Marketing Lending Banks 462

Housing Wire

MARCH 25, 2024

The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion by 2033, more than doubling its current size. The 13 countries span Europe , North America and Australia , and are considered to be amongst the largest equity release markets in the world.” The response in the U.S.

Equity 437

Equity Marketing Finance Mortgages 437

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

Agents 417

Agents Marketing Brokerage Technology 417

Inman

NOVEMBER 15, 2023

While a number of companies have emerged to assist agents and their seller clients with renovating or updating a home before introducing it to the market, Sundae built its model on the opposite approach — helping consumers sell homes sell as-is to investors.

As-is 155

As-is Renovation Investor Agents 155

Housing Wire

MARCH 16, 2024

I can’t see the 10-year yield below 3.37% unless the labor market breaks — meaning jobless claims over 323,000 on the four-week moving average. That means I can’t see mortgage rates going below 6%, especially with the spreads being bad, until the labor market or the economy gets weaker. Could this happen again?

Marketing 497

Marketing Mortgages As-is Sales 497

Housing Wire

FEBRUARY 5, 2024

Recent market trends — including an improvement in mortgage rates, housing affordability and potential refinance opportunities — suggest positive signs for the real estate market this year, according to February’s Mortgage Monitor report from Intercontinental Exchange (ICE). peak prior to the housing market downturn in 2006.

Debt-to-income ratio 454

Debt-to-income ratio Marketing Equity Loans 454

Housing Wire

MARCH 6, 2024

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez , as its vice president of marketing. John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company.

Marketing 417

Marketing Loan Officer Lending Loans 417

Keeping Current Matters

JUNE 9, 2021

Let’s use three maps to show how this theory continues to affect the residential real estate market. Let’s use three maps to show how this theory continues to affect the residential real estate market. Today, prices are driven by the simple concept of supply and demand. The best examples are Idaho, Utah, and Arizona.

As-is 268

As-is Residential Finance Sales 268

Housing Wire

OCTOBER 13, 2022

“Despite strong wage and job growth in September, prospective homebuyers remain reluctant to jump into the housing market.” trillion in 2023 – the top executive at the mortgage lender said, “There’s a real chance that the market can go to $1 trillion.”. .” ” Refis will not save you. .

As-is 370

As-is Mortgages Fixed-rate mortgage Industrial 370

Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? The red line is where NAR believes a balanced market is, at six months of supply. Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data.

Marketing 545

Marketing Mortgages Sales As-is 545

Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. bond market doesn’t see a job-loss recession happening soon. The labor market remains healthy as long as jobless claims trend below 323,000 on the four-week moving average. The 10-year yield is close to yearly highs as the U.S.

Marketing 481

Marketing Mortgages Banks As-is 481

Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. This is why the days on the market are so low historically after 2020. million, up from 1.03

Marketing 539

Marketing Sales Mortgages Days on market 539

Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. These strategic investments are resulting in cost ratios that are somewhat elevated given we are in a market with historically low transaction volumes,” Eppinger said.

Title 417

Title Marketing Investor Commercial 417

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this spring should be put to rest. The other focus should be where mortgage rates go; only a little happened last week.

Marketing 518

Marketing Banks Mortgages As-is 518

Housing Wire

FEBRUARY 28, 2024

The data examined below represents multiple listing service data and mortgage market analytics for San Diego County, as well as the state of California and the country as a whole from 2019 to 2023. percentage points in market share, albeit with a setback in 2023. In 2022, however, only 55.3% after New York (53.9%) and Washington, D.C.

Marketing 427

Marketing VA loan Days on market Loans 427

Housing Wire

FEBRUARY 15, 2024

Anywhere demonstrated our leadership strength in 2023, driving meaningful results in a tough real estate market,” Ryan Schneider , Anywhere president and CEO, said in a statement. “In The company produced these results amid “an incredibly difficult year for the housing market,” Schneider said during an earnings call on Thursday.

Marketing 406

Marketing Branding Brokerage Sales 406

Housing Wire

JANUARY 5, 2024

Here are my three key points on the labor market recovery since I retired my COVID-19 recovery model on Dec. However, the labor market isn’t breaking: jobless claims data is almost below 200,000. The trend was going lower, but we hit a critical resistance level of 3.80%: So, what do we make of the labor market after jobs week?

Marketing 497

Marketing Staging Land Construction 497

Housing Wire

NOVEMBER 23, 2022

The market composite index, a measure of mortgage loan application volume, rose 2.2% With mortgage rates down nearly 50 basis points from the recent peak about a month ago, borrower demand picked up again this week, according to the Mortgage Bankers Association (MBA). for the week ending November 18 after registering a 2.7%

As-is 395

As-is Mortgages Fixed-rate mortgage Loans 395

Housing Wire

FEBRUARY 8, 2024

8, a slight increase from last week ’s figure of 6.63%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. The economy and labor market remain strong with wage growth outpacing inflation, which is keeping consumer spending robust,” Freddie Mac chief economist Sam Khater said in a statement.

Mortgages 437

Mortgages Fixed-rate mortgage Marketing Loans 437

Housing Wire

DECEMBER 5, 2023

The National Association of Realtors (NAR) has a new chief marketing and communications officer. The trade group announced Tuesday that Suzanne Bouhia would lead NAR’s marketing and communications group starting Dec. With more than 25 years of experience, Bouhia is a marketing and communications veteran.

Marketing 427

Marketing MLS Branding Industrial 427

Housing Wire

MAY 7, 2023

Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. As you can see in the chart below, there is a big difference between the current housing market and those looking for a repeat of 2008. Hopefully, this is just a blip, which can occur from time to time with weekly data.

Marketing 487

Marketing Banks Mortgages Loan Officer 487

Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies.

Marketing 407

Marketing Loan Officer Lending Branding 407

Housing Wire

FEBRUARY 9, 2024

In a video discussing its marketing strategy, also released this week, CoStar tells real estate agents that it plans to run the Homes.com ads on streaming platforms, broadcast TV and digital radio, as well as during major events. The firm is no stranger to large marketing spends. So, it is the best place to get attention on a brand.”

Commercial 446

Commercial Marketing Residential Branding 446