Housing Wire

NOVEMBER 4, 2024

This week, we count 14% more homes in the contract pending stage now than a year ago. These are homes that will generally close in November and December. But they’re back up to 7% now, so maybe this strength is fleeting and will evaporate as we close out the year. This isn’t a strong market; it’s just better than last year.

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Sales Staging Mortgages Closing 396

Housing Wire

FEBRUARY 23, 2024

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. The question I posed to all of you is, ‘Is this a blip or a bigger trend?'”

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Industrial Closing FHA loan Loans 482

Housing Wire

NOVEMBER 7, 2024

Dwiggins: Tell us a little bit about the acquisition of Virtual Staging AI and the strategy for that. Wacksman: It’s a great young company that has innovated a way to do virtual staging. The conversation closes with Wacksman sharing his thoughts on the National Association of Realtors ‘ Clear Cooperation Policy (CCP).

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Technology Staging Agents Brokerage 370

Housing Wire

APRIL 17, 2023

As the COVID-19 national emergency draws to a close, the forbearance rate has decreased month over month, according to a report from the Mortgage Bankers Association (MBA) on Monday. of total loans were in the initial plan stage last month and 52.9% The survey showed that 33.8% were in a forbearance extension. The remaining 13.3%

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Closing Mortgages Loans Staging 448

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

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Closing Title Loan Officer Technology 396

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Should the appraisal come in lower than the contract price, the closing process may be impacted.

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Inspection Closing Closing costs Title search 459

Housing Wire

MARCH 17, 2025

To avoid a job loss recession, closely monitoring the homebuilding industry is essential. Todays builder survey gives us more clues about what stage they’re in, and it isnt good. If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important?

Mortgages 478

Mortgages Staging Development As-is 478

Housing Wire

JANUARY 22, 2025

The announcement comes shortly after Rocket unveiled the first stage of its rebrand and is a part of the company’s conscious effort to unify Rockets many companies under a single umbrella. Since its launch, the company claims that its AI tool has tripled its conversion rate from website visits to loan closings.

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Staging Design Mortgages Finance 370

Housing Wire

DECEMBER 9, 2024

Setting the Stage for 2025 Heres the good news, 2025 is set to stabilize. Save strategically: Even with down payment assistance, youll need some savings for earnest money and closing costs. Many sellers are offering to cover 2-3% of closing costs. The key takeaway? and 6%, with potential dips below 6% by mid-year.

Mortgages 370

Mortgages FHA loan Closing costs Staging 370

Housing Wire

JANUARY 21, 2025

It also helps include them in solution-building, setting the stage for a negotiation that everyone leaves satisfied with. This shows you care and sets the stage for the other party to do the same. All these extra negotiation efforts will not only help you close more deals, theyll also help you earn more money using the next technique.

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Staging Inspection Closing Agents 370

Housing Wire

JANUARY 20, 2025

Both the weekly new contracts and all the homes in the contract pending stage are below last year. Overall, the number of homes in the contract pending stage is just over 257,000, thats almost 2% fewer than a year ago. Again, the real-time measure is of the contracts pending the stage before the sale closes.

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Sales Mortgages Staging Fixed-rate mortgage 397

HomeLight

DECEMBER 4, 2024

If you’re looking to receive top dollar from your home, have a speedier sale with less time on the market , and appeal to more buyers online and at showings, you should strongly consider staging your home. Here’s what you need to know about staging a bedroom. The kitchen (81%) and dining room (69%) are also common rooms to stage.

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Staging Design Agents As-is 98

Housing Wire

NOVEMBER 20, 2024

Some sellers (65%) touted that their cash buyer experience led to them closing within a month and 31% sold without listing their home. Cash buyer companies appeal to sellers with property issues, the report pointed out, as 54% avoid expenses like repairs or staging.

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Agents Brokerage Sales Staging 476

HomeLight

OCTOBER 29, 2024

If you’re about to close on your Alabama home sale, you’re likely wondering how much you’ll owe in closing costs. Nationally, sellers typically pay between 6% to 10% of the property’s sale price in closing costs. Since Alabama’s average sale price sits around $228,283 , sellers pay $13,697 to $22,828 in closing costs on average.

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Closing costs Closing Title search Title 105

Housing Wire

APRIL 10, 2025

Long-term growth Roughly 110,000 single-family rental homes are currently under construction or in the planning stages nationwide, according to Point2Homes. Phoenix closely followed with 12,702 new homes. Phoenix once again leads the pack with 13,010 homes in the pipeline, followed by Dallas (8,450) and Atlanta (6,644).

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Development Staging Construction Closing 269

Housing Wire

JANUARY 13, 2025

Mortgage rates pushed this week close to 7.25%. There are just 252,000 single-family total homes in the contract pending stage. Those 252,000 home sales will close mostly in January and February. This is the trend that will be the theme for 2025. So there were 12% more new listings and 3% fewer sales started. That means 4.2

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Sales Mortgages Marketing Staging 418

Housing Wire

JUNE 10, 2021

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Staging Costs. According to HomeAdvisor , the average seller pays almost $1,500 in staging costs. A concession is when the seller agrees to pay part of a buyer’s closing costs. Bottom Line.

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Seller concession Staging Closing costs Inspection 546

Housing Wire

MARCH 24, 2025

Inside, staging can make a huge difference. Related articles Sell more homes: 17 home staging tips for real estate agents 30 inspiring curb appeal ideas to make a lasting first impression How to write creative real estate listing descriptions + examples 2.

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Staging Sales Agents Marketing 363

BAM Media

APRIL 15, 2025

Most real estate agents are obsessed with closings. There are 10 distinct stages that every client moves through in your CRM. Winning in Q2 (and beyond) means mastering each stage of the pipeline , not just celebrating the contract. But every single client lives in one of these 10 stages. Instead, celebrate every stage.

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Staging Closing Agents Sales 52

Housing Wire

DECEMBER 27, 2024

Fleet Homes Real Estate Team – Keller Williams Real estate teams are comprised of real estate agents and other professionals working together towards one common goal to close deals. Depending on the team’s structure, agents can work closely together or independently. Teams are led by a team leader.

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Purchase and sale agreement Branding Agents Closing 418

Housing Wire

JANUARY 14, 2025

Its title producer and appraisal management arm, Amrock , will now be known as Rocket Close. Rocket Companies , the parent of Rocket Mortgage , on Tuesday unveiled a refresh to its brand identity in an effort to unify Rocket’s many companies under a single umbrella. As part of this effort, Rocket is rebranding some of its businesses.

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Staging Title Branding Design 370

Housing Wire

MARCH 25, 2025

It’s more interesting – and accurate – to review the loan officer population in terms of who is closing loans. This graphic shows the number of producing loan officers by year in three categories: Total number of NMLS licensees who closed at least one loan, five to nine loans, and ten loans or more.

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Loan Officer Loans Mortgages Industrial 243

Housing Wire

JANUARY 27, 2025

To do so, develop strategies and programs that cater to buyers and sellers at every stage. Consider platforms that centralize operations from lead generation to closing. For buyers, focus on delivering second-to-none service and support. Its a win-win for real estate professionals and clients alike.

Technology 397

Technology Renovation Agents Industrial 397

Housing Wire

NOVEMBER 21, 2024

Given that approach, it always made sense that, eventually, when I reached that stage, I would apply the same strategy to myself. In the summer of 2022, just after his wife’s 62nd birthday, qualifying age arrived and the loan closed roughly 24 hours later. So, yes, realistically, I’ve always known this would be part of my plan.”

Mortgages 370

Mortgages Loan Officer Equity Lending 370

Housing Wire

DECEMBER 20, 2024

If you can attract someone right out of college or early in their career to stay or come to New Hampshire, apartment living is a great option for people at that stage in their life, said Rob Dapice, the executive director and CEO ofNew Hampshire Housing.

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Construction Land Development New Construction 434

Housing Wire

NOVEMBER 1, 2024

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. Broker-in-charge or Principal broker : These roles most closely align with designated brokers.

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Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

SEPTEMBER 9, 2024

“We really think closing costs can be a significant obstacle to refinancing,” Chopra said at an AI and technology conference jointly hosted by ICE Mortgage Technology and the National Housing Conference at the New York Stock Exchange on Monday. At least when it comes to redundancies with refinancings, that is.

Mortgages 476

Mortgages Closing costs Title Technology 476

Housing Wire

MAY 22, 2024

These include requiring “clear, meaningful” notice at each stage of the tax foreclosure process; ensuring both owners and inheritors of ownership receive notice of foreclosure stages; creating alternatives to tax-initiated sales; and making redemption costs both “affordable and accessible.”

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Staging Title Equity Land 475

Housing Wire

DECEMBER 21, 2023

Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said. Meanwhile, early-stage delinquencies (30 and 60 days past due) continued to increase. Moreover, early-stage delinquencies among VA loans hit their highest non-pandemic levels since 2009.

Mortgages 459

Mortgages VA loan FHA loan Staging 459

Housing Wire

JANUARY 27, 2025

That deal closes in March, and by April, you should be hearing the headlines that reflect the weakness we can see in the active market data. There are 266,000 single-family homes in the contract pending stage, which is 3.5% By the end of February, well have the most price reductions of any February in many years. fewer than last year.

Sales 396

Sales Mortgages Marketing Staging 396

Housing Wire

OCTOBER 23, 2023

This data becomes important at various stages of a transaction, and when it’s time to produce it, the process is radically easier if it is clean and organized. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Due diligence Brokerage Staging Agents 448

Housing Wire

MARCH 17, 2025

” For many Black Americans who tried to buy a home, issues arose before they reached the closing stage. NAR said that in 46 states “Black renters face greater affordability challenges than their White counterparts.” Qualifying for a mortgage was and is still a significant hurdle for Black homeowners.

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Staging Finance Mortgages Marketing 269

Housing Wire

AUGUST 15, 2024

The MBA reported that mortgages in all stages of delinquency rose by 3 basis points (bps) on a quarterly basis but were 60 bps higher compared to Q2 2023. However, soaring home prices seem to continue and have spiked the value of homes across the nation, which boosts equity for homeowners at virtually every stage of paying off mortgages.

Mortgages 475

Mortgages VA loan FHA loan Staging 475

Housing Wire

JUNE 11, 2024

Cases in the early stages may be transferred to other lenders with an FHA approval. In November 2023, the company closed its reverse mortgage origination division after lower origination volumes combined with lower pull-through rates to make its cost to close reverse mortgages too high.

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FHA loan Mortgages Loan Officer Loans 476

Housing Wire

OCTOBER 1, 2024

Pre-CTC review processes : In a proactive shift, some lenders are moving their QC efforts earlier in the loan process, conducting pre-clear-to-close (CTC) reviews. By identifying potential discrepancies and compliance issues upfront, lenders can prevent more significant problems from surfacing post-closing.

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Loans Pre-approval Marketing Staging 432

Housing Wire

FEBRUARY 8, 2025

In this week’s episode of the Power House podcast, host Diego Sanchez sits down with a close observer from within the National Association of Realtors (NAR). The other part is getting Nykia out on the stage, which I’m looking forward to being on your stage soon. We both agreed that listening was job number one.

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Staging Brokerage Closing As-is 221

Housing Wire

AUGUST 26, 2024

Zeev Ventures , an early-stage venture fund, led the Series D extension, and was joined by Stereo Capital and Menlo Ventures. The company is “deeply focused on building the tools and technology that solve the hardest problems that lenders face today in closing transactions,” Uher noted in a statement. according to HomeLight.

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Equity Loan Officer Lending Investor 481