Housing Wire

MARCH 18, 2022

I closed 28 H4P transactions last year, over 1% of the national total. My market share in this area continues to grow steadily even though on a national level it is stagnant or even declining.”. Over the years I ended up teaching classes on renovation loans, mortgage insurance, mortgage mechanics, etc.,” Curtis Mangus.

Loans 438

Loans Closing Mortgages Equity 438

Housing Wire

MAY 30, 2024

Homes are also spending more time on the market. Redfin noted that “sale prices are a lagging indicator because they’re typically negotiated at least a month before a deal closes.“ of all homes currently on the market include a price cut. By July, it is possible that more than 40% of the homes on the market will have price cuts.

Mortgages 375

Mortgages Renovation Sales Brokerage 375

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. housing market.” Arvind Mohan is CEO of Kiavi , a fix and flip lender that has originated some $12.3

Finance 342

Finance Marketing Lending Investor 342

Housing Wire

MARCH 26, 2024

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. In 2023, the landscape for home flipping across the U.S.

Investor 422

Investor Marketing Construction Loans 422

Housing Wire

JUNE 16, 2021

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. trillion gap in housing market investment from 2000 to 2020. The post US housing market is short 5.5

Marketing 535

Marketing Construction Development Residential 535

Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. Benefits of Virtual Renovation Cost-Efficiency : Reduces the risk of costly mistakes. Steps to Virtual Renovation 1.

Renovation 77

Renovation Pre-approval Investor Construction 77

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. It is also wary of some of the proposals.

Construction 527

Construction Closing costs Renovation Title 527

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5%

Marketing 379

Marketing Investor Renovation Sales 379

Housing Wire

DECEMBER 2, 2022

It has resulted in a highly competitive market, and lenders recognize the importance of maintaining existing customers in this challenging market. The combined volume of home equity lines of credit (HELOCs) and traditional closed-end home equity loans are up 47% from January to May 2022. Identifying HELOC opportunities.

Marketing 307

Marketing Equity Loans Renovation 307

Housing Wire

NOVEMBER 14, 2023

Gen Z — born between 1997 and 2012 — is making waves in the market with their approach to homebuying. This applies to marketing available homes on the market. Gen Z wants a separate space for business One thing Gen Z likes to keep behind closed doors is their work. That’s why this generation isn’t scared to ask for help.

Renovation 445

Renovation Technology Design Agents 445

Housing Wire

FEBRUARY 28, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Annapolis, Maryland. Manchester, New Hampshire. “We New Braunfels, Texas.

Marketing 346

Marketing Loan Officer Agents Staging 346

Housing Wire

DECEMBER 21, 2023

VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. A lot has changed and it’s time to remove the stigma.

VA loan 423

VA loan Loans Mortgages Lending 423

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

Renovation 365

Renovation Equity Mortgages Closing costs 365

Housing Wire

DECEMBER 2, 2020

Construction is starting to pick up, so that should help alleviate things in the housing market. Four renovations to consider before selling your house. Worries about finding a replacement home in a hot housing market. Should homeowners get off the sidelines of this housing market? But existing homes?

Marketing 457

Marketing Renovation Construction Mortgages 457

Housing Wire

MARCH 28, 2022

commercial spaces/building and residential homes/townhomes) and inconsistent transactional processes, fragmentation in the market has prevented real-estate from adopting technology as quickly as other sectors – until now. While each of these digital companies successfully addressed a problem in the market, other pain points still existed.

Marketing 361

Marketing Title Closing costs Technology 361

GeekEstate Agents & Brokers

AUGUST 16, 2022

Marketing messaging promises faster sales, speedier loan processing, and quicker closings. Pre-sale renovations — allowing sellers to renovate now and pay later — are maximizing the final price of the home sale, delivering a faster closing, and ultimately creating more wealth. Most homes need a little love.

Renovation 90

Renovation Sales Staging Closing 90

Housing Wire

FEBRUARY 18, 2021

It’s no secret the housing market impacts the economy and vice versa. A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. If passed, homebuyers will receive the tax credit at the closing table, instead of having to wait the following year.

Marketing 404

Marketing Development Renovation Mortgages 404

Lab Coat Agents

DECEMBER 6, 2023

In a digital age where real estate marketing is rapidly evolving, Tristan Ahumada, Co-Founder & CEO of LabCoat Agents, stands as a beacon of innovation. Cost-Effectiveness: Offering a budget-friendly alternative to physical staging, virtual renovation allows for significant financial savings while still delivering high-impact results.

Renovation 52

Renovation Sales Staging Agents 52

The Residential Specialist

MARCH 16, 2022

Our experts share how to handle renovation properties to get the best results. Every home on the market is not going to be a picture-perfect, immediate sale. Some homes require extensive updates prior to selling, while others must be marketed as purely renovation projects or complete tear-down opportunities.

Renovation 95

Renovation Land Sales Design 95

Housing Wire

MARCH 14, 2024

The transaction is expected to close in May. “We We are excited to expand our impact and better serve our target market borrowers.” Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website.

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Lending Banks Loans Renovation 334

Housing Wire

DECEMBER 12, 2022

The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market. So far this year, the correspondent channel has gained market share on the two other channels, increasing from 23.4% in the third quarter of 2022, according to IMF data.

Marketing 360

Marketing Lending Banks Loans 360

Brownstoner

FEBRUARY 7, 2022

Complicated Closing. Nowadays, closings can take forever. But once you take apartment insurance with Gotham, it's not a problem if your closing goes at a turtle's pace. They’ll refund you, and… Read More > The post In the Market for a New Apartment or Renovations?

Renovation 72

Renovation Marketing Brokerage Closing 72

Housing Wire

MARCH 7, 2024

Planet is pioneering the future of mortgage lending with novel products like Cash 4 Homes, 1st Year Flex, Purchase EDGE, one-time close construction loans, and bridge, renovation and manufactured home loans,” Long said. Its strategy has focused on acquisitions in both correspondent and retail channels.

Lending 346

Lending Loans Renovation Mortgages 346

Housing Wire

JULY 20, 2021

Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. De-risking efforts by GSEs, migration shifts, demographic changes and more are pushing the market to adapt to meet the needs of today’s borrowers. Changing Borrower Activity.

Marketing 360

Marketing Lending Loans Mortgages 360

Real Trends

MARCH 7, 2023

Presale home renovation company Revive Real Estate partnered with independent real estate franchise NextHome to provide move-in ready homes to clients of more than 5,500 NextHome agents in 610 offices across 48 states, the companies announced on Tuesday. It’s a turning point in this shifting market and can really set your listing apart.”

Renovation 80

Renovation Brokerage Sales Construction 80

Housing Wire

FEBRUARY 3, 2023

HELOCs have continued to set the stage as flexible, helpful products that provide quick access to financing for a multitude of uses including home renovations, debt consolidations or emergency purchases. Additionally, 65% of the total respondents are currently planning or have plans to renovate their homes within the next two years.

Renovation 351

Renovation Fixed-rate mortgage Equity Finance 351

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

Equity 348

Equity Marketing Debt-to-income ratio Lending 348

HomeLight

FEBRUARY 28, 2022

So, should you renovate your house before selling? If you decided to renovate your house before selling, how do you end up on the winning end? Advantages of Renovating Your Home Before Selling. When you choose the right type of renovation project , your home value can increase and attract more potential buyers.

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Renovation Agents Sales As-is 111

Housing Wire

AUGUST 27, 2021

Should you update your home before putting it on the market? Due to this ideology, over half of homeowners plan to upgrade their appliances before putting their homes on the market. Renovations Can Be Beneficial. Renovations might make you feel better about putting your home on the market one day. Bottom Line.

Renovation 424

Renovation Equity Loans Closing 424

Housing Wire

DECEMBER 30, 2022

Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank by more than half this year.

Loans 372

Loans Renovation Construction Mortgages 372

Housing Wire

FEBRUARY 27, 2024

In a dreadful housing market, Redfin got more efficient in the fourth quarter, again improving gross margins and operating margins, even as we laid the foundation for meaningful long-term growth,” Redfin CEO Glenn Kelman said in a statement. According to Kelman, the housing market is still almost entirely driven by mortgage rates.

Brokerage 323

Brokerage Principal Renovation Agents 323

Housing Wire

JULY 27, 2022

Charleston, South Carolina-based real estate tech firm PunchListUSA , which calls itself the first platform digitizing national home inspection data , closed on a $39 million Series A funding round this week. . PunchListUSA has now raised more than $49 million in equity capital since its inception in 2018. .

Inspection 350

Inspection Renovation Equity Investor 350

Louisville Homes

DECEMBER 15, 2020

In recent years, the adventurous concept of minimalism has deeply penetrated the housing market. First-time buyers realize the advantages of a small home or condo in terms of budgeting and market value. Read on to learn about renovation ideas for a small house. A closed floor plan is often impractical for most people.

Renovation 98

Renovation Design As-is Closing 98

Housing Wire

OCTOBER 28, 2021

Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. Top markets for affordable renovated housing inventory. Presented by: Auction.com. in 2022.

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Sales Renovation Banks Marketing 413

Housing Wire

MARCH 13, 2023

Established in 1987, Cherry Creek offers a wide range of mortgage products including conventional, FHA, VA USDA, USDA, reverse mortgages and home renovation loans. Guild has been acquiring lenders to expand in local markets in a purchase mortgage-focused environment. The terms of the acquisition were not disclosed.

Mortgages 349

Mortgages Loan Officer Loans Renovation 349

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings.

Renovation 380

Renovation Construction Brokerage Agents 380

Housing Wire

APRIL 27, 2023

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

Renovation 272

Renovation Residential Commercial As-is 272