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5 predictions for the 2022 housing market

Housing Wire

And if three hikes in the federal funds target come to pass, initial rates on ARMs, HELOCs and construction loans (often linked to the bank prime) will likely increase from one-half to three-quarters of a percentage point. for 30-year fixed-rate loans. 2022 should be a strong year for housing.

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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

*Rebates are not available in all markets or where prohibited by law and are subject to lender approval; may not be available for all transaction types, including but not limited to Short Sales, For Sale by Owner (FSBO), New Construction and iBuyer sales.

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Existing home sales fell in June while monthly median sales price spiked

Housing Wire

Meanwhile, individual investors or second-home buyers, who make up many cash sales, purchased 18% of homes in June, up from 15% in May and 16% the previous year. Distressed sales, which include foreclosures and short sales, represented only 2% of sales in June, virtually unchanged from last month and the prior year.

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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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6 Simple Graphs Proving This Is Nothing Like Last Time

Keeping Current Matters

New construction isn’t making up the difference in inventory needed. Some may think new construction is filling the void. Today, there’s a shortage of inventory , which is causing an acceleration in home values. This is nothing like the last time. This is nothing like the last time.

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Rethinking Class B Multifamily Supply Risk

A Student of the Real Estate Game

Construction/Technological Innovation : High construction costs is one of the biggest constraints to developing more workforce housing. However, innovations in construction such as prefab and robotics are leading to reduced costs and timelines. We’re beginning to see robots introduced to traditional construction sites.

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Another Look at if We are Headed for a Real Estate Bubble

Realty Biz

The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. Will new home construction catch up with demand?