Housing Wire

APRIL 18, 2024

Furthermore, the median price for all types of existing homes rose to $393,500 in March, an increase of 4.8% from the median price of $375,300 in the same month last year, according to the National Association of Realtors (NAR). Despite the challenging housing market, demand isn’t fading. million units, up 4.7% from February and up 14.4%

Mortgages 318

Mortgages Loans Agents Marketing 318

Housing Wire

DECEMBER 26, 2023

Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. The data released on Tuesday shows that home prices in all nine U.S. home prices “accelerated at their fastest annual rate of the year in October,” Brian D.

Mortgages 487

Mortgages Marketing Sales As-is 487

Housing Wire

FEBRUARY 7, 2024

home prices posted their highest yearly rate of appreciation since January 2023, reaching 5.5% year over year in December, according to CoreLogic ’s Home Price Index. Home prices declined by 0.1% Price appreciation slowed greatly over the past year to 3.9%, down from 14.5% Where are prices likely to fall?

Mortgages 466

Mortgages Marketing As-is Sales 466

Housing Wire

JANUARY 6, 2024

Will the number of homes that take a price cut this year drop below 2023 levels? If the current trends continue into the strong seasonal pricing period, we will see fewer homes that are discounted before selling. I believe we should get more sellers in 2024 than in 2023, but that doesn’t necessarily mean home prices will fall.

Mortgages 542

Mortgages As-is Branding Marketing 542

Housing Wire

JANUARY 30, 2024

Home prices maintained considerable momentum in late 2023. National Home Price Index posted a 5.1% Detroit held its position as the best-performing market for the third month in a row Markets in the Northeast and the Midwest posted some of the fastest-growing home prices while some Western markets are picking up.

Mortgages 417

Mortgages MLS Marketing Sales 417

Housing Wire

DECEMBER 9, 2023

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Now lets take a look at the weekly inventory data.

Mortgages 529

Mortgages Sales As-is Closing 529

Housing Wire

APRIL 1, 2024

Today’s unique market requires flexibility and a pricing engine that empowers lenders and their loan officers to put the right loan products in front of borrowers. Lenders that prioritize agility have the unique opportunity to create value in an instant, and that is only bolstered by the flexibility and stability of the right pricing engine.

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Loan Officer Loans Technology Investor 383

Housing Wire

DECEMBER 12, 2023

Consumer prices were up 3.1% Core” price growth, excluding food and energy, remained unchanged in November from the prior month, hovering at 4.0%. However, the index for shelter continued to climb month over month in November, offsetting a decline in gas prices. Traders priced in a nearly 98.4% month over month and 6.5%

MLS 340

MLS Mortgages As-is Marketing 340

Housing Wire

OCTOBER 31, 2023

Following July’s mini rally , home prices posted a 2.6% annual gain in August, according to the S&P CoreLogic Case-Shiller Home Price Index. home prices continued to rise in August 2023,” Craig Lazzara, managing director at S&P DJI , said in a statement. The median existing-home sale price rose 2.8%

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MLS Mortgages Sales Closing 464

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. Traditionally at this time of year purchase apps rise and the number of price cuts fall. That increase matched the slope of the inventory increase, and people needed to cut prices to sell their homes.

Mortgages 540

Mortgages Sales As-is Marketing 540

Housing Wire

JANUARY 13, 2024

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. Price cut percentage Every year, one third of all homes take a price cut before they sell — there is nothing abnormal about that. This is the price-cut percentage for the same week over the last few years: 2024 32.2%

Mortgages 530

Mortgages Sales As-is Marketing 530

Housing Wire

MAY 21, 2023

Lender Price , a leading provider of mortgage loan product and pricing technology, has launched Base Price Solution (BPS), a new pricing tool designed to help banks, lenders, and credit unions optimize their pricing strategies. ” .

Banks 348

Banks Technology Design Loans 348

Housing Wire

SEPTEMBER 26, 2023

After three consecutive months of annual price declines, home prices in July were up 0.98%, according to the S&P CoreLogic Case-Shiller Home Price Index. home prices continued to rally in July 2023,” Craig Lazzara, managing director at S&P DJI , said. Month-over-month, the U.S. increase and 20-City Composite a 0.9%

MLS 449

MLS Lending Equity Mortgages 449

Housing Wire

NOVEMBER 28, 2023

Home prices rallied in September, as homebuyers still outnumbered sellers. Home prices posted a 3.9% gain in the previous month, according to the S&P CoreLogic Case-Shiller Home Price Index. home prices continued their rally in September 2023,” Craig Lazzara, managing director at S&P DJI , said in a statement.“Our

MLS 362

MLS Sales Mortgages As-is 362

Housing Wire

FEBRUARY 10, 2024

So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. Price-cut percentage Every year, one-third of all homes take a price cut before selling — this is a traditional housing activity.

Mortgages 511

Mortgages Sales As-is Closing 511

Housing Wire

SEPTEMBER 21, 2023

Existing home prices are up 3.9% The median existing-home price for all housing types in August was $407,100, an increase of 3.9% regions posted price increases. history, and we all paid the price with massive home price gains in a short amount of time. Also, pricing was weaker in the second half of 2022 as well.

Mortgages 512

Mortgages Sales Loans As-is 512

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. That is the next step of this process.

Mortgages 545

Mortgages Staging Sales Marketing 545

Housing Wire

JUNE 8, 2022

We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall? 2012: What they said: Shadow inventory will cause prices to fall. The reality: Home prices grew because inventory fell once again. The reality: Inventory fell again and home prices rose.

Sales 545

Sales As-is Mortgages Marketing 545

Housing Wire

MARCH 11, 2024

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said.

Mortgages 393

Mortgages Loan Officer Loans Banks 393

Housing Wire

NOVEMBER 28, 2023

house prices rallied again in the third quarter of 2023. In fact, home prices rose 2.1% year over year in Q3, according to the Federal Housing Finance Agency (FHFA) House Price Index. Home prices appreciated in almost all 50 states year over year. in home-price gains, respectively. quarter over quarter and 5.5%

Principal 469

Principal MLS Finance Mortgages 469

Housing Wire

SEPTEMBER 12, 2023

home price gains rose 2.5% The annual acceleration reflects six consecutive monthly gains, which drove prices about 5% higher compared to the February bottom, according to CoreLogic ‘s Home Price Index. In other words, home prices are still growing but are in line with historic seasonal expectations.” by July 2024.

Mortgages 425

Mortgages Marketing As-is 425

Keeping Current Matters

APRIL 22, 2024

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down.

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Housing Wire

FEBRUARY 14, 2024

Aceable Agent Pricing Package offerings and pricing will vary by state, but most states offer Basic, Premium and Deluxe prelicensing packages. See below for a sample range of course pricing in the most populous states. Additionally, the guarantee is not applicable in Florida due to state law.

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Agents Pre-approval Design Industrial 370

Keeping Current Matters

FEBRUARY 22, 2024

Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.

Marketing 283

Marketing 283

Housing Wire

OCTOBER 3, 2022

Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. Home prices are beginning to fall from post-pandemic peaks but remain up 12.1%

Mortgages 525

Mortgages Marketing As-is Sales 525

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% According to the brokerage, 6.5% the month prior.

Mortgages 504

Mortgages Principal Brokerage Finance 504

Housing Wire

AUGUST 18, 2023

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Price it to sell, not to sit. The best price reduction conversation is the one you never have to have. Proper previous planning prevents pitifully poor pricing!

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Pre-qualification New Construction MLS Construction 365

Real Estate News

APRIL 19, 2024

Active listings are back to pre-pandemic levels, but home prices — and home insurance costs — keep going up, creating a tough market for buyers and sellers.

Marketing 260

Marketing 260

Keeping Current Matters

OCTOBER 23, 2023

If you've ever dreamed of buying your own place, or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions changing home prices can stir up.

Marketing 280

Marketing 280

Inman

APRIL 19, 2024

With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth.

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Mortgages Marketing 179

Keeping Current Matters

OCTOBER 3, 2023

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.

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Marketing 295

Inman

APRIL 24, 2024

Fannie Mae and MBA economists are now in agreement that mortgage rates will come down only gradually this year and next but that home price appreciation will slow.

Mortgages 170

Mortgages Sales Marketing 170

Real Estate News

SEPTEMBER 26, 2023

Prices in July topped last year’s high, but slowing demand due to elevated mortgage rates is expected to bring price declines and soften new home sales.

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Mortgages Sales 296

Real Estate News

JANUARY 30, 2024

Prices improved 5.1% annually, the latest Case-Shiller report indicates, but a small dip between October and November ended a streak of monthly gains.

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Keeping Current Matters

JULY 17, 2023

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.

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Keeping Current Matters

JANUARY 23, 2024

Even though home prices are going up nationally, some people are still worried they might come down.

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Marketing 261