Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Factors like location and condition of the property and the market demand for REO and other existing home sales, impact the current landscape for REO assets. HW: What are the risk management challenges for REO assets?

Due diligence 435

Due diligence Marketing Mortgages New Construction 435

Housing Wire

APRIL 27, 2023

Movement Mortgage has tapped Brady Yeager to join the team as national sales director, a role that will lead the expansion of Movement across the country. In his role as national sales director at Movement, Yeager will focus on the company’s growing sales team. and is licensed in 50 states.

Sales 370

Sales Loan Officer Lending Residential 370

Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. Mortgage rates and rate volatility continue to impact transaction volumes, and we find ourselves at historic lows for sale of existing homes. Its net income last year was $216.8

Title 448

Title Marketing Investor Commercial 448

Housing Wire

MAY 30, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. No one else compares when it comes to brand recognition and tools to market our clients’ homes. Led by Mike DelRose Sr., Mike DelRose Jr. said in a statement. DelRose Sr. DelRose Jr.

Brokerage 459

Brokerage Residential Commercial Development 459

Housing Wire

DECEMBER 21, 2022

Existing home sales slid for the 10th consecutive month in November, as homebuyer demand continued to cool. The seasonally adjusted sales rate for existing homes fell 7.7% On a yearly basis, existing home sales are down 35.4%. On a yearly basis, existing home sales are down 35.4%. “In million homes, which represents 3.3

Sales 397

Sales Mortgages Principal Days on market 397

Keeping Current Matters

JUNE 9, 2021

The demand for housing is up while the supply of homes for sale hovers at historic lows. Let’s use three maps to show how this theory continues to affect the residential real estate market. Let’s use three maps to show how this theory continues to affect the residential real estate market.

As-is 271

As-is Residential Finance Sales 271

HomeLight

MAY 8, 2024

However, it’s important to note that selling a house “as is” usually means accepting a lower offer than if you sold on the traditional market. As is” is a type of home sale where it’s understood that no improvements will be made to the property. You typically won’t label a home in pristine, move-in-ready condition as an “as is” sale.

As-is 86

As-is Inspection Finance Residential 86

Housing Wire

MAY 24, 2024

During his tenure, Mele guided Homes.com through its acquisition by CoStar in 2021 and its emergence as a significant player in the home search market. “We Mele played a pivotal role in CoStar’s strategy to dominate the residential real estate sector, advocating for the “your listing, your lead” philosophy.

Residential 458

Residential MLS Investor Agents 458

Housing Wire

DECEMBER 11, 2023

Residential sale-leaseback platform EasyKnock is under fire from the Massachusetts Attorney General’s office. I am proud of the leadership of my team in this precedent-setting settlement with EasyKnock,” Campbell said in a statement. “We

Sales 420

Sales Equity Residential Technology 420

Housing Wire

SEPTEMBER 13, 2021

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. Presented by: Nomis Solutions.

Marketing 538

Marketing Sales Residential Brokerage 538

Housing Wire

AUGUST 27, 2020

pending home sales rose 5.9% We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. All four regions of the country also saw month-over-month and year-over-year gains in pending home sales. As states reopen, Yun expects the market to remain hot.

Sales 501

Sales Residential Loans Mortgages 501

Housing Wire

OCTOBER 25, 2023

The GTOs require title companies to identify the people behind shell companies used in all-cash purchases of residential real estate. real estate market to launder money. For that reason, Treasury is committed to developing a solution to increase the transparency in the domestic real estate market.” financial system.

Sales 448

Sales Title Residential Development 448

Housing Wire

JUNE 18, 2024

Redy , an online marketplace that rewards home sellers for selecting a real estate agent who best aligns with their sales goals, announced its launch in five markets on Tuesday. “For the first time, sellers get paid cash to pick an agent; as a result, agents are directly invested in the sale,” Altman said in a statement.

Agents 456

Agents Residential Sales Industrial 456

Housing Wire

JUNE 29, 2022

Angel Oak Home Loans named Steven Valladares as vice president of correspondent sales, a move that comes as the firm increasingly works to grow its correspondent channel. The correspondent business line is focused on purchasing and servicing home loans in the secondary market.

Loans 370

Loans Sales Lending Mortgages 370

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best. 2022 marked a unique time for homebuilders.

Marketing 493

Marketing Construction Industrial Staging 493

Housing Wire

MAY 29, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed James F. In 2023, Wood had more than $25 million in sales production and completed more than 35 transactions in Connecticut, New York and Massachusetts, according to a Coldwell Banker news release. Wood, the brokerage announced on Tuesday.

Agents 457

Agents Brokerage Residential Sales 457

Housing Wire

AUGUST 14, 2023

While we’ve witnessed the launch of numerous innovative proptech companies, many of them address the top of the sales funnel, such as search, lead generation and financing. Let’s face it, the ticket price of a house is often too steep for the majority of consumers to navigate on their own with the click of a button.

Marketing 370

Marketing Technology Residential Agents 370

HomeLight

JANUARY 12, 2024

Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Are you curious about selling a house “as is” in Tennessee? Crosslin works with his wife, Melinda Crosslin , at Crye-Leike.

As-is 92

As-is Investor Residential Closing costs 92

Housing Wire

SEPTEMBER 17, 2021

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. metropolitan areas and includes all residential properties. in August from July.

Marketing 511

Marketing MLS Title Sales 511

Housing Wire

MAY 13, 2021

As anyone involved in the residential real-estate market knows, bidding wars – and contract prices exceeding the list price – are the norm today in many markets around the nation. The challenge is that the sales data you’re looking at is dated,” said Shawn Telford, chief appraiser at CoreLogic. “The over the list price.

Marketing 525

Marketing Residential Sales Closing 525

Housing Wire

NOVEMBER 2, 2023

Just a couple years ago there was incredible momentum building around alternative ways to purchase, sell and extract value from residential properties. The highly competitive purchase market and bidding wars gave rise to power buyer models to help non cash buyers compete. In fact, they might have become more challenging in many cases.

Purchase and sale agreement 433

Purchase and sale agreement Marketing Equity Finance 433

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. After the earnings report, NYCB stock shrunk 60%, from $10.38 30 to $4.20 Total liquidity was $37.3

Mortgages 467

Mortgages Banks Marketing Commercial 467

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. percentage points in early December, when historically that spread has ranged between 1 to 2 percentage points.

Mortgages 434

Mortgages Marketing Banks Investor 434

Housing Wire

APRIL 19, 2023

However, with limited for-sale housing inventory, these higher rates are primarily challenging for potential first-time homebuyers. retail residential mortgage applications. in the conventional market, but decreased by 14% in the government space. Overall, mortgage applications fell last week by 8.8% in the same period. .”

Mortgages 397

Mortgages Fixed-rate mortgage Marketing Loans 397

Housing Wire

AUGUST 9, 2022

The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp. LLC , recently announced that it is exploring a potential company sale or merger in the wake of posting a $22.4

Marketing 418

Marketing Bankruptcy Loans Principal 418

HomeLight

JANUARY 22, 2024

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

As-is 85

As-is Inspection Renovation Equity 85

Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

Marketing 435

Marketing Residential Sales Commercial 435

Housing Wire

AUGUST 2, 2023

Its aggressive inflation-crushing policy extinguished the greatest refi market in history – these days, nearly 90% of residential mortgage originations are purchase loans. For this exercise, I’ll be relying on Inside Mortgage Finance data and looking at origination volume, purchase market share percentage and the lender’s overall mix.

Marketing 368

Marketing Lending Mortgages Residential 368

Housing Wire

JULY 11, 2022

Lugat came to Citi’s lending operation after spending eight years as a market manager for Wells Fargo Home Mortgage , the top depositary bank by origination volume in the U.S. The executive will report to Liz Bryant, head of retail mortgage sales. billion in residential mortgages during the period, a decrease of 2.5%

Lending 370

Lending Marketing Banks Residential 370

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. A successful sale of stock at $24.50 would give the brokerage a “fully diluted market value of $12.5 A successful sale of stock at $24.50

Marketing 435

Marketing Brokerage Residential Banks 435

Housing Wire

JULY 21, 2022

Those the three areas represent an opportunity for lenders grappling with a deeply challenging mortgage market, Sales Boomerang said in its second quarter mortgage opportunities report. The post In a bad mortgage market, these are areas of opportunity for lenders appeared first on HousingWire.

Mortgages 418

Mortgages Marketing Equity Loans 418

Housing Wire

FEBRUARY 21, 2024

Many Axis trainees come from sales-based careers in hospitality, retail or insurance, which makes it easier to adapt to the mortgage business. Hall joined Axis’ first program in 2021, learned the ropes and landed a paid internship at EscrowTab , a software company, where she now handles sales support. According to data from the U.S.

Mortgages 449

Mortgages Title Marketing Lending 449

Housing Wire

JANUARY 11, 2024

While REBNY is not affiliated with NAR, when Friedman sold his Park Slope property, the trade group had a rule similar NAR’s Participation Rule, requiring the listing broker to split the commission they earned in a home sale transaction with the buyer’s broker. Garfield & Co. , The rule went into effect on the first of this year.

Residential 459

Residential Agents Brokerage Sales 459

Housing Wire

MARCH 20, 2024

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. Of these eight companies, CoStar and Zillow are by far the largest by market capitalization.

Investor 482

Investor Residential Agents MLS 482

Housing Wire

MAY 10, 2024

CoStar Group first announced that its Residential Network had exceeded 156 million monthly unique visitors and that the Homes.com site had surpassed 110 million monthly unique visitors, based on data from Google Analytics , in its Q1 2024 investor presentation. A new competitor who plays by their own rules.

Residential 362

Residential MLS Investor Commercial 362

Housing Wire

JANUARY 3, 2024

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. approach to value.

Brokerage 448

Brokerage Residential Industrial Agents 448

Housing Wire

APRIL 27, 2022

Interest in residential mortgage loans fell 8.3% for the week ending April 22, including a sharp decline in purchase applications, which indicates a potential weakness in home sales in the coming months, according to the Mortgage Bankers Association ‘s (MBA) latest survey. The FHA share of total applications increased to 10.6%

Mortgages 397

Mortgages Fixed-rate mortgage Marketing Loans 397