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San Diego Housing Market is Expected to Heat Up in 2025

Marco Santarelli

Strong Job Market: San Diego boasts a diverse and robust economy, with strong sectors in technology, biotech, defense, and tourism. Here's my take on how this might impact buyers and sellers in San Diego: For Buyers: Be Prepared: Get pre-approved for a mortgage, have your finances in order, and be ready to make a competitive offer.

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Real Estate Investor Tips to Capitalize on Spring and Summer Demand

AAOA

Use technology, such as live video tours, e-signing apps, and virtual conference software, to your advantage. A mortgage pre approval or verified approval letter may show sellers you’re a serious buyer. Professional staging may be a worthwhile investment to showcase your property in its best condition.

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First Time Home Buyer Programs In Rochester NY – Updated January 2025

Rochester Real Estate

The first time home buyer must also complete a home buyer education program prior to the grant being approved. In addition, like the First Home Club, the first time home buyer must attend pre and post-purchase home buying training. Download The Guide For First Time Home Buyers! Stantec Consulting Services, Inc.

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Proactive quality control for lenders: How to navigate market shifts, regulatory changes and improve loan quality

Housing Wire

Pre-CTC review processes : In a proactive shift, some lenders are moving their QC efforts earlier in the loan process, conducting pre-clear-to-close (CTC) reviews. One critical shift is the adoption of pre-funding QC reviews. This year, we’ve implemented a new pre-close audit before our underwriters finalize the loan.

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Lenders must address repurchase risk before they go bust

Housing Wire

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination.

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It’s time for collective action on fintech adoption

Housing Wire

The fourth quarter of 2023 was the seventh straight quarter of net production loss for lenders , who hemorrhaged an average of $2,109 pre-tax dollars for each loan they originated. A few weeks later the Mortgage Bankers Association released its Quarterly Mortgage Bankers Performance Report , underscoring my point with some truly grim figures.

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Nexus Origination features a native mobile experience for originators and borrowers

Housing Wire

Originators can even order credit, run pricing, send pre-approvals, sign disclosures, and execute closings all on the go with full integration with their loan origination system (LOS). Technology is evolving, and borrowers expect more. An assigned project manager assists clients through their implementation.