Remove tag fair-housing-month
article thumbnail

Non-QM lenders are back. But will brokers pick up the phone?

Housing Wire

Over the last several months, liquidity has poured back into the non-QM market, prompting roughly a half-dozen lenders to once again underwrite non-QM loans. About a decade ago, mortgages that were ineligible to be bought by Fannie and Freddie were tagged with the odious label “subprime.” Angel Oak funded the loan. “He

article thumbnail

Home Shopping Season Brings More Motivated Home Buyers

Broke Agent Media

While mortgage costs nearly doubled in 2022 compared to before the pandemic, they’ve eased slightly in recent months. According to a new Zillow analysis , home buyer mortgage payments have begun stretching to accommodate larger homes with higher price tags. And the typical $3,000 a month floorplan has recovered 84 square feet.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

L.A.’s Biggest Home Price Disparities: Same Street, Wildly Different Price Tags

Point2Homes

Home of the rich and famous, it comes as no surprise that Los Angeles is one of the metro areas with the highest total housing value in the nation. But sometimes, an incredible exception appears among the ultra-high price tags. According to Forbes : More than a fifth (21.4%) of the nation’s housing value resides in California.

Sales 58
article thumbnail

Many Recent Buyers Believe They Overpaid for Their Homes as the Market Corrects

Realtor.com

bedroom house in Saint Louis. Even in those earliest days of the COVID-19 pandemic, the housing market was very competitive. ” Real estate agents are often included in these suits because homeowners believe they should have warned them about these problems as well as any future shifts in the housing market. .”

article thumbnail

Same Street, Different Price Tag: Nearly $4 Million Difference Between Homes Sold on Same Street in Phoenix

Point2Homes

Just like the stories about its possible origin, this popular phrase is changing to better reflect the rapidly evolving reality of the housing market. Case in point, the properties we analyzed might be on the same street, but they seem to belong to very different housing markets. Now, it refers to streets as well.

Sales 66
article thumbnail

Same Street, Different Price Tag: $4 Million Difference Between Homes Sold on Same Street in San Diego

Point2Homes

But sometimes, house hunters and determined homebuyers don’t even need to go to different neighborhoods to find wildly different home prices. Highlights: The properties that were on the same street but sold for incredibly different prices boasted price tag differences between $770,000 and nearly $4 million. Methodology.

article thumbnail

Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

Once you’ve made the decision to sell your house, you likely have two main goals: to complete the sale as quickly as possible and to hit that magic number when it comes to price. One way to expedite the process is to sell a house via auction. No need for staging or juggling showings and open houses. What are the steps involved?