Remove As-is Remove Residential Remove Short sale
article thumbnail

The "Home ATM" Mostly Closed in Q4

Calculated Risk Real Estate

From CoreLogic last week: CoreLogic: Borrowers Gained Over $280B in Home Equity in 2024 Quarter-over-quarter, the total number of mortgage residential properties with negative equity increased by 9.3% Note the almost 7 years of declining mortgage debt as distressed sales (foreclosures and short sales) wiped out a significant amount of debt.

article thumbnail

Is Now a Good Time to Buy a House with Cash in 2025?

Marco Santarelli

My short answer? Now, imagine you have the resources to just walk in, pick your spot, and pay for it right there and then, without needing a loan. That's the power of buying a house with cash. But the question isn't just if you can , it's Is Now a Good Time to Buy a House with Cash? It's like having a VIP pass in a crowded market.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How will federal job losses impact mortgage servicing?

Housing Wire

But more recent data from the Mortgage Bankers Association showed that delinquency rates on all mortgaged residential properties (less than five units) rose to nearly 4% last year. Since Trump returned to office on Jan. Since Trump returned to office on Jan. Altos Research data showed 340 newly listed homes in the D.C. at the end of 2024.

article thumbnail

28 real estate niches brimming with potential

Housing Wire

While casting a wide net can sometimes be a helpful strategy, you set yourself up to compete with every agent vying for the same listings and buyer clients. By becoming highly knowledgeable in a particular niche, you establish yourself as the subject matter expert for a specific audience of buyers, sellers or property types.

article thumbnail

Don’t expect a drop in home prices in 2023, NAR economist says

Housing Wire

Yun, who analyzed the current state of the residential market, offered his 2023 market outlook on Friday at the NAR conference in Orlando. While the unprecedented uptick in mortgage rates led to a lack of demand from buyers, it has also acted as a deterrent for homeowners, who are hesitant to list their homes for sale in a tough market.

article thumbnail

Xactus targets lenders through active listing data

Housing Wire

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. In May, the inventory of homes for sale rose 8%, marking the first inventory rebound since June 2019. year over year. .

article thumbnail

Have we found the bottom in existing home sales?

Housing Wire

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. Without significant credit stress in the system, we can’t ever assume we will see inventory scale spikes where sellers will not be able to buy homes because of a foreclosure or short sale.