Housing Wire

MARCH 28, 2024

Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6% NAR’s Pending Home Sales Index increased to 75.6 Meanwhile, new home sales fell slightly in February but were still 5.9% Existing home sales surged 9.5% in February, up from 74.3 in January. higher than one year ago.

Sales 454

Sales Mortgages Marketing As-is 454

Housing Wire

APRIL 30, 2024

Home prices were near an all-time high in February. National Home Price Index posted a 6.4% home prices are at or near all-time highs,” Brian D. year over year in February, according to Realtor.com , but remained nearly 40% lower than pre-pandemic levels, which prevented home prices from easing. the previous month.

Sales 475

Sales Mortgages Marketing 475

Housing Wire

APRIL 18, 2024

Furthermore, the median price for all types of existing homes rose to $393,500 in March, an increase of 4.8% Meanwhile, others have grown accustomed to elevated rates and have accordingly factored the inflated rates into their home purchase budget. Despite the challenging housing market, demand isn’t fading.

Mortgages 411

Mortgages Loans Agents Marketing 411

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8%

Sales 487

Sales Investor Finance Marketing 487

Housing Wire

FEBRUARY 29, 2024

January pending home sales leveled off after December’s surge but remained steady. Pending home sales dropped 4.9% Pending home sales dropped 4.9% NAR’s Pending Home Sales Index (PHSI) decreased to 74.3 This combination of economic conditions is favorable for home buying. in January, down from 77.3 in December.

Sales 427

Sales MLS Mortgages As-is 427

Housing Wire

MARCH 7, 2024

Buoyed by a rise in home prices , U.S. homeowners with mortgages saw their home equity increase by 8.6% Rising home prices continue to fuel growing home equity, which, at $298,000 per average borrower, remained near historic highs at the end of 2023,” Selma Hepp, chief economist at CoreLogic, said in a statement. “By

Equity 481

Equity Mortgages Loans As-is 481

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. homeowners with outstanding mortgages — some 63% of all homes — home equity tied up in properties jumped by 6.8%

Equity 462

Equity Lending Banks Loans 462

Housing Wire

MAY 3, 2024

The dismal 2024 mortgage market has one very silver lining: $32 trillion in home equity. You can’t go: Here’s a home equity at prime plus 3. In that scenario, parents who are sitting on a pile of home equity can be game-changers. The biggest year of mortgage production , from 2021-2022, generated $4.5

Equity 416

Equity Technology Loans Lending 416

Housing Wire

FEBRUARY 27, 2024

Home prices maintained their momentum in late 2023. National Home Price Index posted a 5.5% home prices faced significant headwinds in the fourth quarter of 2023,” Brian Luke, head of commodities, real and digital assets at S&P Dow Jones Indice s, said in a statement. The S&P CoreLogic Case-Shiller U.S.

Mortgages 427

Mortgages Marketing Sales Finance 427

Housing Wire

JANUARY 26, 2024

Pending home sales rose 8.3% It was the largest monthly jump in pending home sales since 2020. NAR’s Pending Home Sales Index (PHSI) increased to 77.3 New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. in December, up from 71.6 in November. million and a 15.8%

Sales 454

Sales Construction Mortgages Marketing 454

Housing Wire

APRIL 16, 2024

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

Equity 427

Equity Investor Technology Industrial 427

Housing Wire

MARCH 5, 2024

home price gains reached their highest rate in a year in January, according to CoreLogic ’s Home Price Index (HPI). annual home price growth rose by 5.8% On a monthly basis, home prices increased by 0.1%. But metro areas that have struggled with the impact of higher rates continue to see downward movement on home prices.

Mortgages 446

Mortgages Marketing 446

Housing Wire

FEBRUARY 13, 2024

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. homeowners with outstanding mortgages, or some 63% of all homes, equity tied up in real estate jumped by 6.8%

Equity 397

Equity Renovation Loans Investor 397

Housing Wire

APRIL 17, 2024

home prices grew by 0.9% Even though the supply of homes for sale will remain tight, sagging demand should further slow price appreciation in a ‘higher-for-longer’ mortgage rate environment.” The starter tier includes home sale prices in the bottom one-third of the market price distribution.

Mortgages 427

Mortgages Sales Marketing As-is 427

Housing Wire

MARCH 20, 2024

Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. Buying a home is an unattainable dream for more than half of U.S.

Banks 427

Banks Closing costs Lending Equity 427

Housing Wire

DECEMBER 26, 2023

Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. The data released on Tuesday shows that home prices in all nine U.S. home prices “accelerated at their fastest annual rate of the year in October,” Brian D.

Mortgages 497

Mortgages Marketing Sales As-is 497

Housing Wire

MARCH 21, 2024

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. Stepping into Planet Home Lending marks a pivotal chapter in my career,” Kingsborough said in a statement.

Lending 416

Lending Sales Commercial Loans 416

Housing Wire

FEBRUARY 22, 2024

Existing-home sales picked up in January as buyers took advantage of the lowest mortgage rates seen in several months. Existing-home sales rose 3.1% While home sales remain sizably lower than a couple of years ago, January’s monthly gain is the start of more supply and demand,” NAR chief economist Lawrence Yun said in a statement.

Sales 427

Sales MLS Mortgages As-is 427

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

Inspection 407

Inspection Inspection contingency Purchase and sale agreement Residential 407

Housing Wire

FEBRUARY 7, 2024

home prices posted their highest yearly rate of appreciation since January 2023, reaching 5.5% year over year in December, according to CoreLogic ’s Home Price Index. Home prices declined by 0.1% The data provider forecasts that home prices will decline by 0.2% compared to November 2023.

Mortgages 469

Mortgages Marketing As-is Sales 469

Housing Wire

SEPTEMBER 28, 2023

Mirroring the trend for new home sales , pending home sales fell 7.1% Year over year, pending home sales were down 18.7%, an even greater decrease than the 14% annual drop recorded in July. Year over year, pending home sales were down 18.7%, an even greater decrease than the 14% annual drop recorded in July.

Sales 475

Sales MLS Mortgages Closing 475

Housing Wire

JANUARY 31, 2024

Mortgage company Evergreen Home Loans is continuing its expansion across the country with the opening of new branches in Montana, the company announced on Wednesday. “We We are thrilled to welcome the Montana team to our Evergreen family,” Robert Lipston, the company’s executive vice president of production, said in a statement.

Loans 417

Loans Mortgages As-is 417

Keeping Current Matters

APRIL 22, 2024

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down.

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279

Inman

MAY 13, 2024

United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022.

Mortgages 170

Mortgages Marketing 170

Keeping Current Matters

MAY 9, 2024

When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like.

New Construction 237

New Construction Construction 237

Keeping Current Matters

FEBRUARY 20, 2024

Buying your first home is a big, exciting step and a major milestone that has the power to improve your life.

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290

Keeping Current Matters

MAY 13, 2024

Thinking about buying a home or selling your current one to find a better fit?

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183

Eye on Housing

APRIL 17, 2024

According to the latest What Home Buyers Really Want Study*, the vast majority of home buyers are looking for a home with at least one home office (or space dedicated to work/study). More specifically, 66% would prefer to buy a home with exactly one home office, 13% want at least two offices, and 20% want.

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144

Inman

APRIL 19, 2024

With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth.

Mortgages 182

Mortgages Marketing 182

Inman

APRIL 25, 2024

Rising home prices and mortgage rates stifled pending home sales in February, according to the National Association of Realtors on Thursday. The Pending Home Sales Index, which is a forward-looking indicator based on contract signings, was 75.6 in February. percent).

Sales 150

Sales Mortgages Marketing 150

Keeping Current Matters

MAY 15, 2024

Having a hard time finding a first home that's right for you and your wallet?

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217

RIS Media

APRIL 23, 2024

As mortgage rates rose back up to the 7% range last week and home prices remain elevated, market signs don’t necessarily point to significant improvement anytime soon. Despite the challenges, however, new-home sales continue to fight through—posting a strong rise in March. New-home sales rose 8.8%

Sales 124

Sales Mortgages Marketing Industrial 124

Inman

MAY 14, 2024

The pre-sale renovation company's latest use of artificial intelligence could reduce subjectivity the next time a real estate agent prices a home or advises a client, Revive executives said Tuesday.

Renovation 134

Renovation Sales Agents Technology 134

Inman

APRIL 23, 2024

Consistent home price appreciation is touted as the main benefit of homeownership; however, runaway home price growth over the past five years has homeowners feeling locked into a financial prison.

Marketing 155

Marketing As-is Mortgages 155

RIS Media

APRIL 29, 2024

Investments in energy-efficient home improvements, such as window replacements, insulation upgrades, solar panels and Energy… The post Energy Efficient Home Improvements Worth Doing appeared first on RISMedia. This shift isn’t just ethical; it’s economical.

Agents 143

Agents Industrial 143

Inman

DECEMBER 12, 2023

Simply Homes applies a more proptech-oriented approach by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and in time, profitability.

Technology 162

Technology 162