Housing Wire

NOVEMBER 3, 2023

The Consumer Financial Protection Bureau (CFPB) this week published a report analyzing state-level community reinvestment laws and ways they promote reinvestment activities for entities including mortgage companies. State legislatures also change their CRAs depending on the realities of market conditions at a given time.

Lending 420

Lending Banks Mortgages Loans 420

Housing Wire

NOVEMBER 14, 2023

Altos Reports Altos Reports help real estate professionals generate new leads, close more business, and stay one step ahead of the market. 2 Use Altos Reports to attract and engage buyers and sellers and move them through the funnel automatically. #3

Branding 324

Branding Design Industrial Closing 324

Housing Wire

FEBRUARY 17, 2023

Mike Simonsen, president of Altos Research , will share his data-focused insights on the housing market at Gathering of Eagles 2023. Altos reports on 99% of zip codes in the United States. The information in an Altos Market Report ranges from median home price to days on the market and the percent of price decreases.

Staging 397

Staging Industrial Agents Marketing 397

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. properties are spending minimal time on the market. Home prices are surging in major U.S.

New Construction 441

New Construction Construction Mortgages Marketing 441

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. The Detroit-based lender plans to recruit up to 500 LOs by the end of 2023, more than triple the current local LO pool. The Detroit-based lender generated $22.3

Loan Officer 370

Loan Officer Mortgages Loans Finance 370

Housing Wire

AUGUST 14, 2023

The incident left agents from all across the country scrambling for workarounds to navigate the disruption to their marketing and property sales efforts, the North Bay Business Journal first reported. It’s also been challenging for agents to keep track of sold properties since the attack as their local MLS system has been out.

Agents 370

Agents MLS Brokerage Sales 370

Housing Wire

APRIL 24, 2024

An industry favorite for its popular CRM, Top Producer can help you keep in touch with all your prospects with timely text messages, emails, and market reports delivered to their inbox. Top Producer can also help you automate your marketing with branded MLS reports.

MLS 431

MLS Branding Land Agents 431

Housing Wire

JANUARY 17, 2024

The goal is to connect users with a local mortgage broker in their area and have them understand the loan options available to them based on their specific financial situation, according to the Detroit, Michigan-headquartered lender. UWM ranked as the largest lender in America, originating $83.9 billion in the first nine months of 2023.

Mortgages 441

Mortgages Loans Finance Agents 441

Housing Wire

JANUARY 25, 2024

25, an increase from last week’s figure of 6.60%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Given this stabilization in rates, potential homebuyers with affordability concerns have jumped off the fence back into the market,” Freddie Mac chief economist Sam Khater said in a statement.

Mortgages 421

Mortgages Fixed-rate mortgage MLS Banks 421

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. This is what I call a supply-constrained market. “In The perplexing part: Why are home prices not declining in this environment?

Renovation 466

Renovation Sales Investor Mortgages 466

Housing Wire

FEBRUARY 7, 2024

from the month prior to 1,515,837 members, according to the trade group’s monthly report released on Monday. Further membership decline should be anticipated, given the reduction in business opportunities over the past two years,” Yun wrote in the report. In January, NAR membership dropped 2.5% This is down 2.1%

Agents 421

Agents Brokerage Sales Closing 421

Housing Wire

JANUARY 10, 2023

Executives have hinted at it over the past year and Bloomberg reported in August that Wells Fargo would likely shrink or eliminate the correspondent channel. We estimate that around 10% of [Wells Fargo’s] service volume is Ginnie Mae /FHA [ Federal Housing Administration ],” the KBW report states.

Closing 485

Closing Lending Banks Equity 485

Housing Wire

MARCH 12, 2024

million Hispanic households own their home, the National Association of Hispanic Real Estate Professionals ( NAHREP ) said in its 2023 State of Hispanic Homeownership Report released on Tuesday. In total, more than 9.5 In 2023 alone, Latinos saw a net gain of 450,000 new households and were responsible for 25.5% of overall U.S. And the 49.5%

FHA loan 458

FHA loan Loans Finance Lending 458

Housing Wire

SEPTEMBER 1, 2023

Thousands of New York City Airbnb listings are vanishing from the market as the city introduces some of the strictest regulations in the U.S. 5, hosts of short-term rentals will need to register with the city, The Wall Street Journal reported. for short-term rentals. Starting on Sept.

Industrial 397

Industrial Marketing As-is 397

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process. The report is broken into two sections.

Mortgages 450

Mortgages Equity Closing Marketing 450

Housing Wire

MAY 3, 2024

There are reports saying that some E&O policies will not provide coverage in any instances where there is no compensation paid,” the notice stated. We are in the process of piloting the touring agreement in select markets where it aligns with local rules. According to Laura M.

Agents 364

Agents As-is Industrial Marketing 364

Housing Wire

APRIL 22, 2024

Access to a hyper-local agent is more important now than ever. I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market.

Brokerage 440

Brokerage Investor Agents Pre-approval 440

Housing Wire

MARCH 6, 2024

to 1,900 loans in February, a drop telegraphed by lagging case numbers and sluggish endorsement activity in January, according to data compiled by Reverse Market Insight (RMI). There’s always an opportunity to be a big fish if you’re in a small pond and dominate your local area,” he said. That was down 3.6%

Mortgages 440

Mortgages Seller concession Principal Loans 440

Housing Wire

OCTOBER 12, 2023

Bureau of Labor Statistics reported on Thursday. The inflation data comes on the heels of a stronger-than-expected September jobs report. What is happening in the housing market ? If mortgage rates pass 8%, housing market activity will see a contraction, Sturtevant said. The Consumer Price Index (CPI) increased 0.4%

MLS 409

MLS Construction Investor Mortgages 409

Housing Wire

JANUARY 11, 2024

11, a slight increase from last week’s 6.62%, according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday. Potential homebuyers should look closely at existing state and local resources, such as down payment assistance programs, which can considerably help defray closing costs.”

Fixed-rate mortgage 432

Fixed-rate mortgage Mortgages Closing costs MLS 432

Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants.

Renovation 370

Renovation Development Rent back Principal 370

Housing Wire

NOVEMBER 29, 2023

For the first time since 2021 when Americans relocated in droves, Nashville once again is a top migration destination, according to a new report from Redfin. While a lot of Sanchez’s clients were from California , she also reported working with people from Chicago, New York and Florida. Nashville , also known as Music City, is No.

Sales 421

Sales As-is Marketing Agents 421

Housing Wire

AUGUST 31, 2023

With Elite Financing Group’s current book of business and their local relationships, we have the potential of nearly doubling our mortgage closings,” across the country over the next year,” Joshua Harley, CEO of Fathom said in a statement.

Lending 397

Lending Loans Finance Mortgages 397

Housing Wire

JUNE 6, 2023

Rocket Mortgage is looking to hire local loan officers at a time when mortgage rates are high and the industry remains heavily reliant on the purchase market. Rather, Rocket is simply focused on the purchase market now, just like most other lenders in this market. “I from the previous quarter.

Loan Officer 370

Loan Officer Mortgages Loans Lending 370

Housing Wire

DECEMBER 21, 2021

local time, and the temperature sank to 10 degrees Fahrenheit. . But in a real estate economy that has made destination cities out of the likes of Boise, Idaho and Manchester, New Hampshire, perhaps it’s no surprise that there is nothing dark or cold about the Anchorage housing market. 20, the sun set in Anchorage, Alaska at 3:41 p.m.

Land 397

Land Days on market Agents Marketing 397

Housing Wire

JANUARY 16, 2024

A trigger lead is where consumer credit reporting agencies share with other lenders that a hard credit report was pulled for a mortgage application. 3502) to amend the Fair Credit Reporting Act (FCRA) to prevent consumer reporting agencies from furnishing consumer reports under certain circumstances.

Finance 421

Finance Lending Mortgages Banks 421

Housing Wire

MAY 1, 2023

With a residential PACE loan, renovations are financed and are then paid back by the borrower as property tax payments to their local government, resulting in higher property tax payments for borrowers. The report found that PACE loans are generally tied to higher interest rates — at 7.6%

Loans 384

Loans Lending Finance Renovation 384

Calculated Risk Real Estate

APRIL 24, 2024

After the National Association of Realtors® (NAR) releases the monthly existing home sales report , I pick up additional local market data that is reported after the NAR. This is the final look at local markets in March. Inventory for these markets were up 11.3% decline NSA reported by the NAR.

Marketing 114

Marketing Sales Closing Mortgages 114

Calculated Risk Real Estate

APRIL 11, 2024

NOTE: The tables for active listings, new listings and closed sales all include a comparison to March 2019 for each local market (some 2019 data is not available). This is the second look at several early reporting local markets in March. I’m tracking about 40 local housing markets in the US.

Marketing 108

Marketing Sales Closing Mortgages 108

Marco Santarelli

MAY 16, 2024

While a return to those exact rates might still be a ways off, a new report from Realtor.com® ® and the National Association of Realtors® brings encouraging news for aspiring homeowners, especially those considering specific housing markets across the country. Why Certain Markets Shine When Rates Dip Realtor.com® The good news?

Mortgages 105

Mortgages Marketing Industrial Sales 105

Inman

SEPTEMBER 12, 2023

The overlap in offerings will empower clients on both sides of the partnership, providing Local Logic users with granular insights on the financial aspects of homes within market reports.

Marketing 178

Marketing Technology 178

Calculated Risk Real Estate

MARCH 8, 2024

NOTE: The tables for active listings, new listings and closed sales all include a comparison to February 2019 for each local market (some 2019 data is not available). This is the first look at several early reporting local markets in February. I’m tracking about 40 local housing markets in the US.

Marketing 105

Marketing Closing Mortgages Sales 105

Calculated Risk Real Estate

JANUARY 12, 2024

NOTE: The tables for active listings, new listings and closed sales all include a comparison to December 2019 for each local market (some 2019 data is not available). This is the second look at several early reporting local markets in December. I’m tracking about 40 local housing markets in the US.

Marketing 113

Marketing Closing Sales As-is 113

Calculated Risk Real Estate

MAY 13, 2024

NOTE: The tables for active listings, new listings and closed sales all include a comparison to April 2019 for each local market (some 2019 data is not available). This is the second look at local markets in April. I’m tracking over 40 local housing markets in the US. Many more local markets to come!

Marketing 61

Marketing Sales Closing Mortgages 61

Calculated Risk Real Estate

MAY 8, 2024

NOTE: The tables for active listings, new listings and closed sales all include a comparison to April 2019 for each local market (some 2019 data is not available). This is the first look at several early reporting local markets in April. I’m tracking over 40 local housing markets in the US.

Marketing 61

Marketing Sales Closing Mortgages 61

Calculated Risk Real Estate

JUNE 23, 2023

Each month I track closed sales, new listings and active inventory in a sample of local markets around the country (over 40 local housing markets) in the US to get an early sense of changes in the housing market. This is the final look at local markets in May. This is a significant change.

Marketing 138

Marketing Closing Sales Mortgages 138

Calculated Risk Real Estate

NOVEMBER 29, 2023

Each month I track closed sales, new listings and active inventory in a sample of local markets around the country (over 40 local housing markets) in the US to get an early sense of changes in the housing market. This is the final look at local markets in October. YoY Not Seasonally Adjusted (NSA).

Marketing 114

Marketing Sales Closing Mortgages 114