Remove As-is Remove Closing Remove Marketing
article thumbnail

Existing home sales market now close to balance with supply

Housing Wire

Today’s existing home sales report shows that the existing home market is now almost balanced. We are very close to getting this balance nationally and in some markets we’re already there. million as a balanced market, but this equation has a second variable tied to today’s housing economics: affordability.

Sales 493
article thumbnail

Wells Fargo extends $5,000 closing cost credit

Housing Wire

Wells Fargo ’s program that provides up to $5,000 in closing costs for low- and moderate-income families to purchase a home has been extended to an additional 16 metro areas, the bank announced on Monday. It can be used to pay nonrecurring closing costs, such as appraisal, processing, title and recording fees.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Proposal would allow Freddie Mac to acquire closed-end second mortgages

Housing Wire

The Federal Housing Finance Agency (FHFA) this week announced a new product proposal for government-sponsored enterprise (GSE) Freddie Mac that would allow the agency to purchase certain single-family, closed-end second mortgages. FHFA Director Sandra Thompson explained that such options are needed in the current mortgage rate environment.

Closing 529
article thumbnail

The two big housing market trends to watch in 2025

Housing Wire

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. In the last few months, the market finally saw some sales growth over the previous year.

Marketing 543
article thumbnail

Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Today’s real estate market is at the crossroads between Millennials becoming the biggest segment of home buyers across the country and social media becoming the most important platform to attract potential buyers. The #1 Reason Most Millennial Viewers on Social Media Never Turn Into Closed Sales.

article thumbnail

Fairway’s Steve Jacobson is ’focused on speed’ as he builds company culture

Housing Wire

Jacobson says that Fairway had been very profitable in the wholesale mortgage market , averaging between $3 billion and $4 billion in annual revenue. If you have people focused on work, focused on what they can control, we still have people closing over 40 loans a month,” Jacobson says. “In As consumers, we expect instant everything.

As-is 446
article thumbnail

30 must-have real estate text message scripts to convert leads and close deals

Housing Wire

In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. Use my well-worn, proven scripts below to build connection and close more deals. Let’s chat about how I can help you take advantage of this market!

Closing 370