Marco Santarelli

MAY 23, 2024

New home sales are slumping due to rising costs. Sales of newly built homes dipped 4.7% This decline is even more pronounced on a year-over-year basis, with sales falling 7.7% This decline is even more pronounced on a year-over-year basis, with sales falling 7.7% Will they rebound in 2024? Let's find out.

Sales 52

Sales Pre-approval New Construction Construction 52

Housing Wire

NOVEMBER 18, 2022

A sale of TitlePoint is expected ahead of Black Knight’s planned blockbuster acquisition by Intercontinental Exchange , Inc. . The pending sale is a result of a 2014 agreement that allowed FNF to repurchase TitlePoint in the event of a change in control of Black Knight. “In homeowners and industry stakeholders,” Sprecher said.

Title 369

Title Pre-approval Investor Mortgages 369

Toronto Realty Blog

SEPTEMBER 22, 2022

Picture yourself as a naive investor, hearing about how pre-construction condos are a great way to make money, and you’ve gained “VIP” access to this launch, you have your purple wrist-band, you’re inside looking at floor plans, but units keep selling! Because that unit had sold. And by whom? January 27th, 2015.

Industrial 99

Industrial Pre-approval Purchase and sale agreement Development 99

Housing Wire

MARCH 6, 2023

With the industry cooling down slower than expected, LOs are having to work harder and get creative to overcome the double whammy of surging rates and a lack of inventory. “I’ve got several pre-approvals out there where people just can’t find what they want and the rates are throwing them off,” Monsoon said.

Loan Officer 360

Loan Officer Loans Pre-approval Mortgages 360

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. mortgage industry to fund $4.1 trillion in 2022 and $2.3

Marketing 414

Marketing Fixed-rate mortgage Loan Officer Pre-approval 414

Housing Wire

FEBRUARY 10, 2022

The ‘housing super app,’ according to investor slides filed with the Securities and Exchange Commission, will provide mortgage pre-approval, “immersive shopping,” facilitate in-person touring, and home financing. Barton also declared Zillow would be “cash flow positive” after completing the sales. Presently, Zillow reports $3.1

Pre-approval 365

Pre-approval Mortgages Agents Investor 365

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Connie Kim: There seems to be optimism in the mortgage industry at the start of the new year. Pre-pandemic, I did $1.7 billion in 2021.

Pre-approval 369

Pre-approval Marketing Seller concession Mortgages 369

Housing Wire

AUGUST 22, 2022

The lender approved their application for a loan with a 2.25% interest rate, with a “conservative” estimated value of the house at $550,000, pending approval. The couple believed this work increased the value of the home above its pre-improvement value. Presented by: Altisource.

Loan Officer 364

Loan Officer Pre-approval Equity Loans 364

Realty Biz

SEPTEMBER 15, 2023

Guaranteed Rate, a fintech provider of mortgage lending and digital financial services, has announced its latest offering, 5 Minute Approval. With the new program, the fintech industry frontrunner maintains its commitment to providing the quickest loan process in the nation. Certain restrictions may apply.

Loans 96

Loans Pre-approval Lending Technology 96

Toronto Realty Blog

SEPTEMBER 19, 2022

I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. Some of you, reading this, have made money in pre-construction. I think I grew so disenfranchised with writing about the perils of pre-con that I finally stopped. I have no doubt about that.

Construction 74

Construction Industrial Purchase and sale agreement Pre-approval 74

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. The number of existing home sales reflects how the housing sector has been impacted by the Fed’s interest rate policies. Existing home sales are down 19.9% year-over-year.

Mortgages 397

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 397

Housing Wire

AUGUST 4, 2022

The acquisition is slated to close in 2023, subject to customary closing conditions and regulatory approvals. Once finalized, the acquisition of RoundPoint is expected to provide Two Harbors with annual annual pre-tax earnings of about $20 million, according to Two Harbors. Matrix Financial Services Corp., ranked 10th, with a 2.7%

Mortgages 316

Mortgages Pre-approval Principal Loans 316

Housing Wire

DECEMBER 29, 2023

With so many approved, online options to choose from, we’ve pinpointed the best online real estate courses in New York using criteria that matter most to you: flexibility to fit your schedule, a price that fits your budget, and a course that’ll prepare you to ace the exam and start your new career with confidence and industry savvy.

Pre-approval 369

Pre-approval Agents Development Technology 369

Housing Wire

JANUARY 29, 2024

You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. Final Exam: In order to fulfill your approved 120 hours of Utah real estate exam prelicensing education, you must take and pass the course final exam. Ready to launch your real estate career in Utah?

Pre-approval 319

Pre-approval Agents As-is Industrial 319

Housing Wire

DECEMBER 29, 2023

Choosing one of the best online real estate schools in California is your first step to joining our vibrant industry, and it’ll set you up for success for the state’s real estate exam. RealEstateU often offers sale pricing on their packages, so you aren’t paying extra for what you need. Final Exam: Online final course exam.

Pre-approval 387

Pre-approval Pre-qualification Agents Design 387

Housing Wire

JANUARY 4, 2024

What drew you into the mortgage industry? Or even if you’re not approved, you know what actions you need to take. And the amount of loans that we will get pre-approved through that will just continue to increase over the course of the year as the algorithm gets better and better.

Technology 295

Technology Loan Officer Pre-approval Loans 295

Keeping Current Matters

JANUARY 28, 2021

One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report , which shows that the inventory of homes for sale is currently at an all-time low. million units, down 16.4%

Pre-approval 273

Pre-approval Construction Sales Mortgages 273

Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. Meanwhile, others worry that they will soon wash out of the industry. The pastor of the Ukrainian church is currently looking to buy a house and I’m working on his pre approval.”.

Marketing 378

Marketing Loan Officer Pre-approval Mortgages 378

Lighter Side of Real Estate

FEBRUARY 12, 2024

Pocket Dogs GIF from Hotdog GIFs “Pocket listings” are industry slang for an off-market house for sale. 6) “You’re pre-approved.” Start your agent’s day with a big fat assurance that they’re approved for some action later in the evening, and you’ll certainly have them racing home after showing homes.

Pre-approval 113

Pre-approval Agents Closing Mortgages 113

Housing Wire

APRIL 22, 2024

This is especially effective if you’re newly licensed, just moved to a new area, or simply as an introduction if you’ve haven’t previously told your neighbors that you’re in the real estate industry. You’ll want to include the list price, sale price, and days on market. Great news! Your neighborhood is hot!

Brokerage 329

Brokerage Investor Agents Pre-approval 329

Housing Wire

JANUARY 8, 2021

As we think about coming out of this first month of the year, we’ve quickly realized this year is going to be anything but planned or what we in the mortgage lending industry are used to. But for others, low mortgage rates gave way to pre-approved borrowers struggling in a very competitive seller’s market.

Lending 433

Lending Mortgages Pre-approval Loans 433

Real Trends

DECEMBER 27, 2022

How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. A sale is considered pending until the seller formally accepts an offer from a buyer. It should be reassuring for all real estate agents that not many home sales fall through.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

Housing Wire

JANUARY 31, 2023

The decision left more than 400 employees without a job, and Miller had two urgent tasks — to find a lender that would close his clients’ loans in the pipeline and would also help him close more sales in an industry that is projected to further downsize. “I But not every LO will find a new workplace.

Loans 355

Loans Mortgages Loan Officer Pre-approval 355

Housing Wire

AUGUST 23, 2023

When asked how relevant this business will be, Garg refers to Amazon , a company that drives two-thirds of its sales from third-party sellers. “We Flávia Nunes: Better took nearly two years to go public, with Aurora’s shareholders’ merger approval extended three times. We aim for a similar mix.”

Debt-to-income ratio 346

Debt-to-income ratio Technology Mortgages Pre-approval 346

Housing Wire

DECEMBER 28, 2023

According to data from Ingenius , tens of thousands of loan officers exited the industry in 2023. But the industry was on a roller coaster with rates climbing near 7% in February and hitting 8% in October as the central bank battled to bring down high inflation. An additional 21% closed 1.5 It all put more pressure on affordability.

Loans 398

Loans FHA loan Mortgages Loan Officer 398

Housing Wire

DECEMBER 6, 2022

But some of those partnerships are getting turned on their head as the mortgage industry reckons with the housing market slowdown. Some 80% of the volume in our industry is done by about 40% of the LOs,” Graham told HousingWire in November. Even if it is 9 at night, he’ll find a way to get me a pre-approval letter,” she said.

Loan Officer 348

Loan Officer Pre-approval Loans Agents 348

Housing Wire

NOVEMBER 13, 2023

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Final Exam: In order to earn your FREC Approved 63-Hour Real Estate Prelicensing Education Certificate, you need to take and pass a course final exam. Chapter Quizzes. 1 Year Course Access.30-Question

Purchase and sale agreement 375

Purchase and sale agreement MLS Pre-approval Agents 375

Housing Wire

SEPTEMBER 14, 2020

But our industry is not reacting to these new demands nearly as quickly as others, and that could be a problem. The mortgage industry, in general, has lagged behind other industries in terms of maximizing the benefits of new technologies. Setting the mortgage industry up for success. Peering into the future of lending.

Lending 433

Lending Mortgages Technology Loans 433

The Close

FEBRUARY 14, 2024

The real estate industry constantly changes. So, let’s turn up the brightness and shed some light on the real estate industry. Home sale preparation is done like a dealership preps the cars for the lot. Still, some common homeselling myths persist even after they’ve been debunked. Be prepared to answer this question.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

Housing Wire

DECEMBER 8, 2023

We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. Course Options See Details Pricing AceableAgent’s prelicensing classes are ADRE-approved 90-hour real estate courses.

HR 315

HR Purchase and sale agreement Pre-approval Staging 315

Housing Wire

NOVEMBER 30, 2023

A state-approved real estate school in Illinois, the CE Shop is constantly updating its course material to stay on top of industry changes. Visit Website Overview Colibri Real Estate is a licensed real estate education provider in Illinois with more than 132 instructors experienced in real estate sales and teaching best practices.

HR 377

HR Pre-approval Design As-is 377

RIS Media

DECEMBER 14, 2020

Cyclone of Sales Activity Intensity. In central Puget Sound, the velocity of the housing market is in tight rotation, with the sales activity intensity for each new listing going under contract at a frenzy level and higher for most price ranges and areas. Mid-June: The number of sellers increased to pre-COVID seasonal levels.

Sales 96

Sales Pre-approval Equity Marketing 96

Realty Biz

MARCH 30, 2023

Documentation and the Pre-Approval Process Pre-approval is a must for anyone looking to purchase a home. Be sure to have all of your documentation in order and ready to go before starting the pre-approval process. that may help you get approved with favorable terms.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

Real Trends

JULY 14, 2022

Coming off of a year that brought the highest number of home sales in 15 years , the market is starting to show signs of normalizing. Agents who reveled in the red-hot market may now be wondering how to keep their production up, with sales falling about 10% from 6.125 million sales to around 5.4 Brokerage communication.

Agents 52

Agents Sales Pre-approval Brokerage 52

Toronto Realty Blog

SEPTEMBER 23, 2022

Condominium cancellations were rampant in the pre-construction industry and people were starting to get pissed. Sales agents struggled to find flat surfaces on which to sign contracts, as investors and first-time home buyers clamoured to get in on the ground floor of one of the region’s most anticipated new developments.

Construction 59

Construction Purchase and sale agreement Industrial Development 59

Toronto Realty Blog

FEBRUARY 27, 2023

Thank you for taking us back to that place that we all thought we had left for good: pre-construction. about the pre-construction condo industry just as soon as this blog was launched back in 2007. Pre-construction “experts.” I started blogging (ranting?) ” Yeah. Prices are $1,200 now.”

Construction 71

Construction Pre-approval Purchase and sale agreement Development 71

Marco Santarelli

MAY 2, 2024

This simple principle of supply and demand is precisely why a crash , fueled by an abundance of for-sale homes, is unlikely in 2024. The Federal Housing Finance Agency (FHFA) reports that the average credit score for a conventional mortgage in 2023 was 740, a substantial increase from the pre-crash era [FHFA].

Pre-approval 52

Pre-approval Marketing Lending Mortgages 52