Housing Wire

FEBRUARY 15, 2024

The combination of high home prices and insufficient savings for a down payment makes it challenging for first-time homebuyers to pull the trigger on a property purchase. And that’s how Saller’s clients — siblings in their early 20s — can close on a $335,000, three-bedroom condominium in Jackson, New Jersey, early in March.

FHA loan 450

FHA loan Loans Closing costs Loan Officer 450

Housing Wire

JANUARY 13, 2021

If you’re considering purchasing a home, you probably have a lot of questions. One being, how much do you need to earn in a year to afford a mortgage in the U.S.? . Since home prices vary state-by-state, the salary you need to qualify for a mortgage in the U.S. Affording a home in the U.S.

Debt-to-income ratio 485

Debt-to-income ratio Mortgages Sales Marketing 485

Housing Wire

FEBRUARY 13, 2024

Bringing awareness to potential opportunities in the reverse mortgage space can be a challenge, but Kristen Sieffert, president of Finance of America Companies (FOA), says it’s a task she’s more than willing to take on. You have a ton of data that says people want to age in place. It’s an interesting time,” she explained. “We’ve

Finance 346

Finance Equity Industrial Mortgages 346

Housing Wire

APRIL 2, 2021

Should you or shouldn’t you downsize? While owning a home is exciting, it comes with a great deal of responsibility. If your home doesn’t fit your lifestyle anymore, you might want to consider purchasing something smaller – or even renting. Here’s how to choose between a house, condo or townhouse.

Mortgages 541

Mortgages As-is Marketing 541

Housing Wire

MARCH 25, 2021

If you’re a first-time homebuyer (or you already own a home), you’ve heard of mortgage loans. You have your conventional loans, FHA loans, VA loans, USDA loans and so on. But there’s another type of loan, not too many people are familiar with that can make the home buying process much easier.

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Housing Wire

FEBRUARY 27, 2024

It’s no secret that homeowners search online to find a listing agent who can sell their home quickly and for top dollar. But what if you could find them first? What if you could target the right prospects, at the right moment using data? Let’s learn how. Let’s learn how.

Branding 390

Branding Land Brokerage Agents 390

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? That compares to a record $4.4

Renovation 464

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Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. Borrowers can see and accept their quote in one platform.

Debt-to-income ratio 385

Debt-to-income ratio Closing Loans Closing costs 385

Housing Wire

FEBRUARY 14, 2024

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. Buy before you sell (BBYS) products may be the answer.

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Housing Wire

APRIL 22, 2024

Some of the most common misconceptions that I hear is that I can’t do an acquisition, I’m too small or I can’t afford it,” Wright said. “My As a seller I want an opportunity to get as much from this earn out as I can and as a purchaser, if the market declines further, I don’t want the burden of a payment,” Murray said. “As

Brokerage 379

Brokerage Purchase and sale agreement Title Industrial 379

Housing Wire

JANUARY 13, 2024

So let’s hope for more home sellers in 2024. As you can see, we are still a bit away from my ultimate goal of having total active listings back to 2019 levels. Price cut percentage Every year, one third of all homes take a price cut before they sell — there is nothing abnormal about that. 2022 21.7% 2022 21.7%

Mortgages 530

Mortgages Sales As-is Marketing 530

Housing Wire

FEBRUARY 4, 2021

With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. If buying a home is on your radar for 2021, there are still ways to do it. Are you hoping to buy a home in 2021’s hot housing market ? How much house can you afford to buy?

Earnest money deposit 546

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Housing Wire

MARCH 25, 2021

Do I need to pay off my student loans before buying my first home? What it really comes down to is whether or not you feel comfortable paying a mortgage (and all the other fun expenses that come with having a home), while also paying off student loans. Are you still scratching your head wondering what to do?

Debt-to-income ratio 500

Debt-to-income ratio Loans FHA loan Finance 500

Housing Wire

FEBRUARY 5, 2021

According to a recent Realtor.com survey , almost 95% of homebuyers consider their pets when purchasing a home. Yes, you read that right. Purchasing your first home is an exciting time. That said, finding the right home can be challenging and time-consuming. What neighborhood do you want to live in?

Mortgages 477

Mortgages As-is Marketing 477

Housing Wire

NOVEMBER 13, 2020

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. And not everyone — even an agent recommended to you by a friend or loved one — is up to the task. How many other clients are you representing right now?

Agents 545

Agents As-is Marketing Mortgages 545

Housing Wire

MARCH 30, 2023

One of the main reasons for that fear was that housing credit was about to get tight, meaning fewer people could buy homes with mortgages. How can we be sure not to make the same mistake that millions of people made by calling for housing to crash in 2020 and 2021? We can do it by understanding the credit channels in the U.S.

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VA loan Loans Banks Mortgages 512

Housing Wire

SEPTEMBER 8, 2022

For sure, this Bank of America loan doesn’t have the exotic loan debt structures that caused so much pain during the housing crash years, but it’s good to understand what could happen. Part of our housing dilemma is this: How can you make something affordable when you promote it as someone’s best investment?

Loans 544

Loans Banks Equity Closing costs 544

Housing Wire

JUNE 9, 2023

Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. Well, it’s June 9, 2023, and home prices have been firm month to month, not showing anything that resembles the housing bubble crash years. Then on Aug.

Mortgages 545

Mortgages Staging Sales Marketing 545

Housing Wire

MARCH 12, 2021

Are you a first-time homebuyer ? Buying a home for the first time can be a daunting task. Besides having to shop the market for your dream house, you also have to throw down a huge chunk of change once you find it. . Home shopping isn’t for the faint of heart. How much house can you afford to buy?

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Housing Wire

MAY 14, 2021

Are you thinking about buying your first home? Because of today’s low interest rates , some homebuyers may be able to afford the homes of their dream. But low interest rates aren’t the only thing you should consider when house shopping. But that doesn’t mean you should settle for a house you don’t love.

Renovation 495

Renovation As-is Closing Marketing 495

Housing Wire

JANUARY 8, 2021

Are you considering purchasing a home for the first time? Understanding what expenses are required at closing to buy a house will help you budget and save more effectively. In this article, we break down exactly what closing costs are so you’re prepared when you start shopping for a home: What are closing costs?

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Housing Wire

SEPTEMBER 5, 2023

What is top of mind for you moving forward? We’ll accelerate our focus on delivering value and efficiencies with the combined ICE and Black Knight entities so we can continue the journey of helping more people into homeownership. SW: How does ICE determine the right balance between automation and the human element?

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Housing Wire

FEBRUARY 12, 2024

When you buy through our links, we may earn a commission. The CE Shop offers convenient online real estate courses in 45 states, and these can be completed at your own pace. In some states, you can complete the required course hours and become eligible to sit the state real estate exam in as little as two weeks!

Pre-approval 385

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Keeping Current Matters

JULY 7, 2021

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. What You Need To Know About Down Payments. You May Be Able To Afford More Home Than You Think.

Mortgages 274

Mortgages As-is Agents 274

HomeLight

OCTOBER 27, 2023

You have a steady income, a chunk of money saved up, and you’re starting to feel confident about your finances. You think you might even be ready to jump into homeownership once and for all. You’re not entirely sure if you can afford to take the plunge. Get Started What’s home affordability?

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Keeping Current Matters

JANUARY 18, 2021

For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where we can grow and flourish. If you’re dreaming of buying a home this year, start by connecting with a local real estate professional to understand what goes into the process.

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HomeLight

DECEMBER 30, 2023

Whether you’ve been priced out of homeownership in your current state, are looking to settle somewhere with a lower cost of living, or want the most bang for your buck when it comes to your dream home, our list of the cheapest places to buy a house in the U.S.A. Looking To Buy a Home in One of These More Affordable States?

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HomeLight

FEBRUARY 26, 2024

Today, in some parts of the country, home prices have made it almost a necessary reality for those who need to live in high-cost housing markets. But how do people afford million-dollar homes? In this guide, we provide insights into how you can unlock the door to such a significant investment.

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Lighter Side of Real Estate

JANUARY 24, 2024

Rents have increased quite a bit over the past few years for many renters, but even the most affordable rent can start to feel like money slipping through your fingers every month, with no long-term return. The process can be both exciting and perhaps a bit intimidating for some people. than you thought you could afford.

Pre-approval 94

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Lighter Side of Real Estate

APRIL 3, 2024

Buyers often wonder how long it’ll take to find the perfect home, so they can plan when to start their home search in earnest. Well, according to the National Association of Realtors® , the short answer is that it typically takes about 10 weeks for a buyer to find a home, based upon the most recent data.

As-is 87

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HomeLight

MARCH 12, 2024

Curiosity about the sale price of a house is common, whether you’re in the market to buy, considering selling your home, or just keeping an eye on neighborhood trends. In this post, we’ll share how to find out how much a house sold for. When is it helpful to know a home’s sale price?

Sales 90

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HomeLight

OCTOBER 6, 2023

Editor’s note: This guide to “How to buy a house” is just one of many free resources made available by HomeLight. You think you may be ready to buy a house. Yet, after all that anticipation, how do you begin? Agents don’t pay us to be listed, so you get the best match. Get Started 1.

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Inspection Agents Loans Sales 119

Realty Biz

MARCH 19, 2024

Owning a home has always been one of the best ways to build wealth. Forget what you think you know One of the most fundamental financial mistakes that homeowners make is underestimating how much it actually costs to own their home. Fixed costs are costs that you can’t bring down. But don’t lose hope.

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HomeLight

OCTOBER 6, 2023

Editor’s note: This guide to “How to buy a house” is just one of many free resources made available by HomeLight. You think you may be ready to buy a house. Yet, after all that anticipation, how do you begin? Agents don’t pay us to be listed, so you get the best match. Get Started 1.

Inspection 116

Inspection Agents Loans Sales 116

Redfin

APRIL 17, 2024

You need to make nearly $90,000 annually to afford a starter home. In addition to being a cultural hub and unique place to live, Minneapolis is also home to a competitive real estate market that’s seen a surge in popularity over the past few years. How much income do you need to buy a starter home in Minneapolis?

FHA loan 66

FHA loan Loans Principal Mortgages 66

HomeLight

JANUARY 30, 2024

You’re considering moving out west, but you’re curious about the cost of living in New Mexico and how it compares to where you live. We’ll also provide data from state cost of living index tools and how New Mexico ranks in the nation for livability. Don’t worry, we are here to help. Housing: 87.50 Utilities: 93.20 Health: 99.60

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Home sale contingency Closing costs Technology Sales 101

Redfin

APRIL 10, 2024

While you don’t quite need a six-figure salary, it comes close. Nashville, TN, is not just the Music City; it’s also home to a thriving real estate market that’s seen significant growth in recent years. How much income do you need to buy a starter home in Nashville? The average U.S.

FHA loan 66

FHA loan Loans Principal Mortgages 66