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Three trends to watch in 2023

Housing Wire

The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise. Potential buyers who may have had an FHA or VA loan were left behind as about one-quarter of the market was paying all cash for homes. At the height of the spring market, the typical home had 5.5

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In the Military and Selling a House: Programs and Resources for Service Members

HomeLight

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

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Mortgage Market Insights Reveal Positive Outlook with Downside Risks

Marco Santarelli

This suggests an increase in the pace of new delinquencies, as well as existing loans transitioning into later delinquency stages. The report further highlights a rise in delinquencies across various loan types: Conventional Mortgages: Delinquency rates for these loans rose slightly, from 2.5% between Q3 and Q4 2023.

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Hot Seat: Bryan Bellacosa of ServiceLink

Housing Wire

When auction is the optimal disposition strategy, it uses current valuations and data modeling to determine the optimal auction sale price and timeline. EXOS One Marketplace provides unmatched insight on disposition strategy through every stage of an asset.

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What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

The economic and job market rebound, coupled with the successful exits from forbearance for many homeowners, contributed to these declines, and particularly for those in later stages of delinquency. Perhaps even more important, these data also showed the largest quarterly declines in the history of the survey for both FHA and VA loans.

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Moving for the Military? Your Guide to Selling a House Under PCS Pressure

HomeLight

Let’s say you do the math on the traditional selling timeline, factor in the hassles of staging the home and keeping it presentable for showings, and realize you just don’t have the time or energy for this whole dog and pony show, period. Market your transferable VA Loan Terms. Source: (Andy Dean Photography / Shutterstock).

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Rocket Mortgage Expands Resources and Support for Detroit Homebuyers

RIS Media

. “Rocket Mortgage is taking an important step to increase homeownership in the city of Detroit,” said Dana Arrington, director of homeownership and sales of CHN Housing Partners—administrators of the Detroit Housing Network. ” For more information, please visit www.rocketmortgage.com.