Housing Wire

FEBRUARY 24, 2022

This is an ongoing trend, as direct residential refinance revenues have continued to be a smaller portion of our total direct revenue, contributing approximately 28% of total direct revenue in the fourth quarter of 2020 as compared with 16% in the fourth quarter of 2021.” appeared first on HousingWire.

Title 347

Title Commercial Land Residential 347

Housing Wire

SEPTEMBER 25, 2023

If it is not reauthorized by Congress before that date, the mortgage industry could see consequences, including ceding control of certain land use policies and the cessation of some mortgage lending. These figures applied to residential properties, but commercial properties were also affected by the NFIP lapse.”

Lending 425

Lending Mortgages Land Banks 425

Housing Wire

AUGUST 11, 2023

The department believes the proposed rule will close a loophole that allows corrupt oligarchs, terrorists and criminals to hide illegally obtained funds in U.S. The GTOs require title companies to identify the people behind shell companies used in all-cash purchases of residential real estate. real estate.

Title 319

Title Land Residential Industrial 319

Housing Wire

JULY 10, 2023

While prices are still well below peak levels across the West and in many pandemic boom towns, price firming in recent months has begun to close those gaps. However, most projects underway in the month were 5+ multi-family units, as opposed to single-family residential units,” Walden said. Austin, Texas, is a notable exception.

Principal 374

Principal Residential New Construction Land 374

Realty Biz

SEPTEMBER 1, 2022

The rewards for land owners depend on the amount of effort and time invested in the land. So take your time and explore your possibilities for making money from your land. To help you make your decision, we’ve listed some quick and easy ways to profit from your land. Sell the Land for Cash Money.

Land 81

Land Residential As-is Sales 81

Housing Wire

JANUARY 12, 2022

The financial terms of the deal were not disclosed, and the closing of the transaction is subject to regulatory approval. Mother Lode Holding is a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 92 offices in 11 states. This is down from 9.6%

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Title Land Closing Commercial 274

Housing Wire

JANUARY 17, 2024

Energy, residential homebuilders’ most volatile net input, nosedived to 49.5 Transportation and warehousing services peaked around 150 in May of 2022 and has fallen slightly in most proceeding moths, landing at 130 last December. after the initial lockdowns in 2020 before rocketing to almost 206 in June 2022. Builders like D.R.

Construction 426

Construction Land Residential Mortgages 426

Housing Wire

APRIL 5, 2022

Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. Its boundaries can be shown on a land survey and ownership is vetted through a physical deed in the jurisdiction, where the physical real estate is located. Defining virtual real estate.

Mortgages 527

Mortgages Lending Land Loans 527

Housing Wire

MARCH 9, 2023

residential real estate mortgages, would not confirm nor deny the rumors. “We We know that closing costs continue to be a barrier for homebuyers – especially among underserved populations and first-time homebuyers,” a Fannie Mae spokesperson wrote in an email. “The Fannie Mae, which currently backs almost $4.1 trillion in U.S.

Title 393

Title Closing costs Finance Land 393

Housing Wire

MAY 11, 2022

The firm attributed the title sector’s solid showing in the midst of a drastic decrease in refinance volume to strong residential purchase and commercial revenue, which have significantly higher fees per file than refinance orders. This is only slightly lower than the $2.5 Presented by: SoftPro. The post Fidelity’s title segment reports $2.4B

Title 359

Title Commercial Residential Investor 359

Marco Santarelli

SEPTEMBER 6, 2023

Introduction Investing in land is a significant financial decision that can yield substantial returns if approached with careful consideration and strategic planning. One crucial aspect to address is determining “How Much Over Assessed Value Should You Pay for Land?”

Land 52

Land Purchase and sale agreement Investor Due diligence 52

Housing Wire

FEBRUARY 19, 2024

But Kleinhenz said the state has never gotten close to that number, so it’s now 2 to 2.5 The cost of a piece of land in Southern California is $3-$4 million per acre,” Kleinhenz said. The panel agreed that retrofitting office buildings for residential living was too cost-prohibitive. million units behind.

Staging 452

Staging Land Residential As-is 452

Housing Wire

NOVEMBER 21, 2022

According to FinCEN’s advanced notice of proposed rulemaking (ANPRM), these requirements looked at establishing more widespread recordkeeping and reporting mandates, as authorized under the Bank Secrecy Act, for individuals involved in all-cash real estate transactions in both the residential and commercial real estate sectors.

Title 353

Title Land Banks Commercial 353

Housing Wire

NOVEMBER 28, 2023

Residential zoning laws are designed to promote orderly development, control traffic flow, and ensure that noise and activity levels are appropriate to each specific neighborhood. Reform zoning and land use policies Zoning laws across the country need to become less restrictive and allow for greater density.

Land 379

Land Construction Real-estate owned Equity 379

Calculated Risk Real Estate

JANUARY 3, 2024

8) Residential Investment: Residential investment (RI) was slightly negative through the first three quarters of 2023 as the housing market appeared to bottom. First a graph of RI as a percent of Gross Domestic Product (GDP) through Q3 2023: Real residential investment (RI) increased at a 6.7% How much will RI change in 2024?

Residential 74

Residential Sales Construction Land 74

Realty Biz

MARCH 1, 2022

residential real estate market. Crude oil prices and inflation must be watched closely. Higher transportation costs won’t only be felt at the gas pumps but will affect everything that is transported by land, sea, and air. That can not be good for the residential real estate market as a whole.

Residential 84

Residential Construction Investor New Construction 84

First Team Real Estate

DECEMBER 6, 2021

Bruce Kallen , commercial broker and office manager for First Team Real Estate in the High Desert, recently closed escrow on two large commercial transactions in the same week, for a total of $9.6 The first sale was an elaborate 28-unit apartment building in Northern California closing at $8 million, and the second a local $1.6

Commercial 98

Commercial Closing Sales Residential 98

First Team Real Estate

FEBRUARY 9, 2022

Onge Closes Historic Commercial Transaction at $14.7 Onge of First Team’s Hesperia office recently closed a record-breaking sale of a commercial property in Rancho Cucamonga, Ca. The office was recently voted “Best of the Desert” in BOTH Commercial AND Residential Real Estate with votes from the public.

Commercial 98

Commercial Closing Agents Land lease 98

HomeLight

JUNE 20, 2023

California homeowners looking to upgrade from their starter home to more permanent digs may be surprised by the amount they’ll owe at the end of the sale: Closing costs in California typically range from 6% to 8% of total home sale price. It would get prorated at the closing table.” Step one: Talk to an expert!

Closing costs 87

Closing costs Closing Title Agents 87

Housing Wire

AUGUST 29, 2022

He notes, “You could really see core inflation down close to target by year end were it not for shelter, were [it] not for primary rents… When you look at the data in terms of cumulative housing starts it looks to be somewhere between one-and-a-half and 4 million short of what is actually necessary.”. Rising interest rates.

Construction 380

Construction Land Finance Commercial 380

Housing Wire

JUNE 8, 2023

We strongly believe that title insurance is, and always will be, essential,” the American Land Title Association wrote in an email to HousingWire in April 2022. The risk appetite of many mortgage lenders has changed since the rise of residential title insurance over 50 years ago.

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Title VA loan Title search Commercial 286

Housing Wire

JUNE 22, 2021

. “Anyone who works in a land-based industry knows that constructing a chain of title is a very time-consuming, document-intensive task, requiring multiple searches through cumbersome card and tract plants, and often, in-person trips to county courthouses,” Luna said.

Title 298

Title Land Commercial Construction 298

Fancy Pants Homes

AUGUST 27, 2021

Every home that lands on our desk outdoes itself either in terms of unique architecture , picture-perfect interiors or artsy features. Set in a quiet residential neighborhood referred to as the Silver Triangle, the charming 2 bedroom home is the perfect hideaway for creators and artists. This artist’s home is no exception.

Closing 116

Closing Land Residential Design 116

Realty Biz

APRIL 7, 2022

Cottage announced on Wednesday it closed on $15 million in a Series A funding round. The construction of ADUs is subject to residential policies and regulations. However, many counties and cities across the USA adopted zoning regulations that permit ADUs in low-density residential areas.

Closing 81

Closing Residential Land Design 81

Housing Wire

NOVEMBER 3, 2022

A team of more than 60 mortgage bankers at now-defunct Finance of America Mortgage has landed at Hallmark Home Mortgage. “Hallmark is now positioned to become one of the nation’s top 100 residential mortgage lenders,” said founder and CEO Deborah Sturges in a statement.

Finance 252

Finance Mortgages Land Residential 252

Housing Wire

APRIL 30, 2021

Founded in 2003, LGI closed 3,408 homes in the fourth quarter of 2020, more than they closed in all of 2015. In all, the homebuilder closed 9,339 homes in 2020, making it a top-10 homebuilder in the country in terms of units. LGI expects to close between 9,200 and 9,800 homes in 2021 across roughly 120 active communities.

Branding 382

Branding Lending Mortgages Closing 382

Redfin

MARCH 29, 2021

Buying land involves a different set of considerations than buying a residential property. If you have dreams of finding a special piece of land and building a home perfect for you and your family, you’ll want to think about a number of things before making your purchase. How will you finance the land? .

Land 66

Land Purchase and sale agreement Finance Development 66

First Team Real Estate

MARCH 15, 2021

The 7-unit shopping center consisted of 2 buildings totaling 8,850 square feet on one acre of land adjacent to the I 15 Freeway offramp. “Karen is an excellent commercial and residential agent and broker who is always conscientious regarding the needs of her clients. The cap rate is 5.5% and the shopping center is fully leased.

Commercial 98

Commercial Sales Closing Short sale 98

Housing Wire

SEPTEMBER 7, 2023

During this time, we ( RTC Consulting ) have come to grips with various certainties prevalent in residential real estate. With the Realtor count close to 1.6 Whether tomorrow, six months from now, or two years from now, we expect a large contingent of these smaller firms will be looking for a good place to land.

Brokerage 311

Brokerage Land Residential Agents 311

Housing Wire

DECEMBER 13, 2023

It’s a planning and development approach that creates a sense of community, including pedestrian-friendly blocks and streets, shopping and housing in close proximity, and accessible public spaces. Being a developer shouldn’t be like playing Monopoly, striving to wantonly fill the board and build on every lot we land on.

Agents 345

Agents Development New Construction Equity 345

Housing Wire

JULY 25, 2022

The worst price declines [are projected to] be close to double digits — [near] 10% peak to trough — [in places like a] Phoenix, or Tampa. Boston — First District [Boston] contacts reported that higher mortgage rates had led to somewhat cooler demand for residential real estate, resulting in increased inventories in recent months.

Marketing 393

Marketing Residential Construction Mortgages 393

Housing Wire

JANUARY 12, 2024

The downsized volume reflects two equally important factors: a housing market characterized by limited inventory, high mortgage rates and reduced demand, but also the banks taking themselves off the board for some residential mortgages. billion production in residential mortgages in 2023, compared to $44.7 The business grew to $9.8

Mortgages 364

Mortgages Banks Lending Equity 364

Housing Wire

APRIL 13, 2021

billion in premiums last year, but a recent report from the American Land Title Association predicts a slowdown in 2021 due to – you guessed it! – Title insurers wrote $19.2 low inventory.

Title 368

Title Land Equity Residential 368

Housing Wire

APRIL 14, 2022

The American Land Title Association , the primary trade organization for the title industry, expressed a similar view. “We ALTA has also published statements that traditional SFR search and examination functions reveal that 75% of residential properties are deemed ‘clean title,’ which renders title insurance unnecessary.”.

Title 367

Title Loans Land Industrial 367

Housing Wire

MARCH 26, 2021

” Diving into the housing numbers, Davin said Portland’s current absorption rate is 0.98 – meaning agents have less than one month of inventory of residential properties. “So that’s driven a lot of people to build, but the problem is there isn’t any land to build on, which has driven land prices up.”

Marketing 452

Marketing Land Principal Sales 452

Housing Wire

JUNE 8, 2023

“I spoke at a conference in Miami a couple of weeks ago, and it was definitely top of mind,” said Fred Matera, chief investment officer at Redwood Trust , a real estate investment trust focused on the residential market. We think we’re close to the bottom [of the down-market cycle]. … Most analysts say it’s anywhere from 3.5

Marketing 443

Marketing Lending Mortgages Land 443

Housing Wire

JULY 26, 2021

Farmer has 14 years of experience in residential and commercial real estate, and has represented clients in sales and leasing of retail and office properties, and serving as a commercial real estate associate for a Florida law firm, where he represented commercial real estate developers.

Title 361

Title Commercial Land Residential 361