Housing Wire

JANUARY 26, 2023

New home sales increased in December — a sign that new residential sales have continued to rebound in recent months. Last month, new home sales increased by 2.3% In addition, the median sales price of new houses that were sold in December dropped to $442,100, and the average sales price dipped to $528,400.

Sales 388

Sales Residential Construction New Construction 388

Housing Wire

APRIL 23, 2024

This dip can be partly attributed to the recent acquisition of 3D scanning company Matterport , as well as the costs associated with the Homes.com marketing campaign during the Super Bowl LVIII broadcast in February. In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings. billion. “We

Sales 288

Sales Residential Branding Brokerage 288

Housing Wire

JUNE 27, 2023

New home sales in May rose 12.2% Sales of new single‐family houses came in at a seasonally adjusted annual rate of 763,000, according to estimates released jointly Tuesday by the U.S. Strong new home sales have gotten the new construction industry back on track to deliver much-needed inventory for this undersupplied market.

Sales 353

Sales New Construction Construction Residential 353

Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

Marketing 346

Marketing Residential Technology Branding 346

Housing Wire

JULY 26, 2023

Despite yet another increase in homebuilder sentiment , the sales pace of new homes declined month over month in June, according to data published on Wednesday by the U.S. In June, the sales pace of new homes fell 2.5% On a year-over-year basis, however, new home sales were up 23.8%. from a month prior, but down 3.6%

Sales 329

Sales New Construction Marketing Construction 329

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). “The bond market is forcing the Fed to pivot.”

Sales 450

Sales New Construction Staging Mortgages 450

Housing Wire

SEPTEMBER 15, 2023

A mortgage industry veteran with over three decades of experience, Saso was previously a divisional sales manager at Nations Lending. In his role as chief production officer, Saso will be responsible for overseeing sales on a national level.

Sales 374

Sales Mortgages Lending Residential 374

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! I have never believed in this concept because of how the housing market credit channels work.

Sales 507

Sales Mortgages Principal Short sale 507

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said.

Marketing 377

Marketing Residential Construction Sales 377

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

Marketing 315

Marketing Residential Construction Sales 315

Housing Wire

NOVEMBER 3, 2020

Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. Hubzu is an end-to-end asset management platform for residential foreclosure, short sale, REO, deed in lieu, CWCOT and retail property auctions. million bids and the sale of more than 225,000 homes.

Residential 246

Residential Short sale Technology Land 246

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 428

Investor Marketing Construction Loans 428

Housing Wire

MAY 30, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. No one else compares when it comes to brand recognition and tools to market our clients’ homes. Led by Mike DelRose Sr., Mike DelRose Jr. said in a statement. DelRose Sr. DelRose Jr.

Brokerage 385

Brokerage Residential Commercial Development 385

Housing Wire

JULY 26, 2022

Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. However, for the new home sales sector, it would put their business model at risk.

Sales 498

Sales Construction Mortgages Title 498

Housing Wire

APRIL 29, 2021

The National Association of Realtors released encouraging news Thursday about the future of the housing market. The trade group reported that pending home sales – that is homes where a buyer signed a contract, but the sale has not closed – rose 1.9 % index points to 111.3 In the South, the pending home sales index is 137.2.

Sales 414

Sales Construction Residential Finance 414

Housing Wire

DECEMBER 21, 2022

Existing home sales slid for the 10th consecutive month in November, as homebuyer demand continued to cool. The seasonally adjusted sales rate for existing homes fell 7.7% On a yearly basis, existing home sales are down 35.4%. On a yearly basis, existing home sales are down 35.4%. “In million homes, which represents 3.3

Sales 345

Sales Mortgages Principal Days on market 345

Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. Sales fall. Then we had the biggest mortgage rate shock in recent history and yet even with that, we will have over 5 million total home sales this year. Home sales.

Marketing 545

Marketing Bankruptcy Sales FHA loan 545

Housing Wire

APRIL 27, 2023

Movement Mortgage has tapped Brady Yeager to join the team as national sales director, a role that will lead the expansion of Movement across the country. In his role as national sales director at Movement, Yeager will focus on the company’s growing sales team. and is licensed in 50 states.

Sales 310

Sales Loan Officer Lending Residential 310

Housing Wire

AUGUST 23, 2022

It will get worse for the housing market – and mortgage industry – before it gets better. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales this week. Fannie Mae’s Economic and Strategic Research Group expects total home sales to decrease 16.2%

Marketing 477

Marketing Loans Sales Mortgages 477

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

Marketing 393

Marketing Residential Construction Mortgages 393

Housing Wire

SEPTEMBER 13, 2021

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. Presented by: Nomis Solutions.

Marketing 536

Marketing Sales Residential Brokerage 536

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Factors like location and condition of the property and the market demand for REO and other existing home sales, impact the current landscape for REO assets. HW: What are the risk management challenges for REO assets?

Due diligence 339

Due diligence Marketing Mortgages New Construction 339

Housing Wire

JULY 25, 2023

New home sales among the “50 Top-Selling Master-Planned Communities” increased by 7% in the first half of 2023 compared to the same period in 2022, according to a study by RCLCO Real Estate Consulting. It was the same exact number of sales as recorded at this time in 2022. All of its communities were in Texas.

Sales 280

Sales Development Land Construction 280

Housing Wire

AUGUST 27, 2020

pending home sales rose 5.9% We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. All four regions of the country also saw month-over-month and year-over-year gains in pending home sales. As states reopen, Yun expects the market to remain hot.

Sales 477

Sales Residential Loans Mortgages 477

Housing Wire

AUGUST 3, 2022

South Carolina-based Movement Mortgage has hired two executives away from rival Fairway Independent Mortgage to boost the growth and development of its distributed retail sales team. The nonbank lender named the 34-year veteran Sarah Middleton to the new position of chief growth officer to attract, onboard and develop sales leaders.

Sales 382

Sales Development Mortgages Residential 382

Housing Wire

SEPTEMBER 19, 2023

Home sales each week continue to be at depressed levels. We counted only 59,000 new pending sales this week. This is alarming because this was the moment last year when the market turned south. This “higher for longer” conventional wisdom is working its way through the housing market. and imagining 5.5% That’s a 1.9%

Marketing 406

Marketing Mortgages Sales As-is 406

Housing Wire

JUNE 13, 2023

The first quarter of 2023 proved a tough market for everyone in the housing industry, including institutional buyers of single-family rental (SFR) properties, but there are signs the second quarter of this year has been far more buoyant for these so-called “Wall Street” players. One clue to that resurgence is a $1.5 That was down from 6.6%

Marketing 306

Marketing Investor Residential Sales 306

Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. Mortgage rates and rate volatility continue to impact transaction volumes, and we find ourselves at historic lows for sale of existing homes.

Title 373

Title Marketing Investor Commercial 373

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgages 348

Mortgages Residential Construction Lending 348

Housing Wire

DECEMBER 11, 2023

Residential sale-leaseback platform EasyKnock is under fire from the Massachusetts Attorney General’s office. We will continue to protect consumers, especially in the housing sector.” EasyKnock, which is led by Jared Kessler, did not immediately return a request for comment.

Sales 287

Sales Equity Residential Technology 287

Housing Wire

MAY 21, 2021

April’s existing home sales painted a familiar picture of a market still grappling with low supply as sales dropped for the third month in a row, down 2.7% This elevated level of competition may be starting to wear on buyers’ confidence and could be holding back sales volumes. from March to 5.85

Sales 413

Sales Residential Mortgages Marketing 413

RIS Media

JULY 20, 2023

OneKey MLS, which maintains coverage in southern New York state markets, has released its monthly market report for June 2023. Key details: Regional closed median sale price of $612,000, a 3.40% increase from the $592,000 reported in May 2023.

Residential 68

Residential Sales MLS Closing 68

Housing Wire

SEPTEMBER 17, 2021

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. metropolitan areas and includes all residential properties. in August from July.

Marketing 493

Marketing MLS Title Sales 493

Housing Wire

OCTOBER 26, 2020

The one economic sector that has blown away my estimates this year has been the new home sales market. Today new home sales are up 32.1% Details from the Census Bureau/HUD report released today : Sales of new single-family houses in September 2020 were at a seasonally adjusted annual rate of 959,000. year to date.

Sales 545

Sales Construction Mortgages Residential 545

Housing Wire

AUGUST 31, 2022

Toronto-based Tricon Residential Inc., We have decades of experience in residential real estate development across the country and are excited to partner with ASRS yet again to build a new supply of high-quality, professionally-managed rental housing in the communities where people want to live.”.

Marketing 369

Marketing Construction Residential Development 369

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Still, even the single-family rental (SFR) market, including the BFR sector, faces an uncertain future in the year ahead, given the ongoing volatility in interest rates and inflation.

Marketing 544

Marketing Construction Development Investor 544

Housing Wire

MAY 24, 2024

During his tenure, Mele guided Homes.com through its acquisition by CoStar in 2021 and its emergence as a significant player in the home search market. “We Mele played a pivotal role in CoStar’s strategy to dominate the residential real estate sector, advocating for the “your listing, your lead” philosophy.

Residential 316

Residential MLS Investor Agents 316