Housing Wire

OCTOBER 17, 2023

Walking that thin line is becoming increasingly important as more distressed sales are pushed up-funnel into the pre-foreclosure marketplace — a trend that began developing about 10 years ago and has accelerated in earnest over the last two years.

MLS 435

MLS Short sale Equity Banks 435

Keeping Current Matters

NOVEMBER 4, 2021

million households lost their homes to a foreclosure, short sale, or because they simply gave it back to the bank. As stay-at-home orders were issued early last year, the fear was the pandemic would impact the housing industry in a similar way. After the last housing crash, about 9.3 It’s exactly the opposite today.

Short sale 317

Short sale Equity Sales Banks 317

Housing Wire

NOVEMBER 3, 2023

Not available anywhere else in the industry today, consumers can gather inspiration on social media networks like Pinterest, upload photos of their dream home and homegeniusIQ, homegenius Real Estate’s proprietary technology, will instantly analyze the photos and present homes with similar features.

Closing costs 434

Closing costs Short sale Technology New Construction 434

Housing Wire

JULY 1, 2022

Most industry observers predicted that the national foreclosure rate would rise once foreclosure moratoriums ended on July 31, 2021. Home forfeiture actions, including completed foreclosure sales, short sales, and deed in-lieu-of- foreclosure actions also grew by 26.8% year-over-year to 2,410, the OCC found.

Banks 397

Banks Mortgages Principal Renovation 397

Keeping Current Matters

JULY 28, 2021

million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. As stay-at-home orders were issued early last year, the overwhelming fear was the pandemic would decimate the housing industry in a similar way. In 2008, there was a 9-month supply of listings for sale.

Short sale 306

Short sale Equity Principal Sales 306

Keeping Current Matters

JANUARY 13, 2021

Over the last 30 days, several industry experts have weighed in on this subject. Don Layton, Senior Industry Fellow at the Joint Center for Housing Studies of Harvard University : “With a greater cushion of equity, troubled homeowners have dramatically improved options: a greater ability to access funding (e.g. Bottom Line.

Equity 305

Equity Short sale Principal Loans 305

Housing Wire

MAY 31, 2021

As the real estate industry braces for the end of forbearance moratoriums, housing experts are anticipating an increase in foreclosures and REO activity. In addition, Pyramid Platform offers users a variety of other workflows, including deed-in-lieu, short sale, acquisition, rental management, and more.

Technology 418

Technology Investor Short sale Real-estate owned 418

HomeLight

OCTOBER 11, 2021

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale? Short sales defined . Wait, what?

Short sale 101

Short sale Sales Banks Backup offer 101

Housing Wire

JUNE 3, 2024

BH: Many in the industry are viewing these changes as an opportunity for firms, brokers and agents to level up and grow. And of course, during those 50 years, we’ve navigated double-digit interest rates, the Great Recession where everyone had to figure out how to do short sales, and we’ve brought education to our agents during those times.

Branding 446

Branding Agents Industrial Design 446

Housing Wire

SEPTEMBER 28, 2023

A moment of reckoning may be imminent for the default and REO industry. Many in the industry are already rising to meet it. A look at default activity past and present The default industry was thrust into the public view during the Great Recession. The mortgage lending industry exists to make home loans, not to repossess them.

Industrial 448

Industrial Mortgages Technology Loans 448

Housing Wire

DECEMBER 13, 2021

For homebuyers, across the country we expect the shortage of homes for sale to extend well into 2022.”. David Howard : We are a trade association that represents the single-family rental industry. HW : You say it’s a relatively young industry. That period of time did jumpstart things for the industry.

Investor 435

Investor Industrial As-is Marketing 435

Keeping Current Matters

SEPTEMBER 8, 2021

Short sale. We’ll be able to give you an estimate of what your house could sell for based on recent sales of similar homes in your area. The good news is, there are alternatives available to help you avoid having to go through the foreclosure process, including: Reinstatement. Loan modification. Deed-in-lieu of foreclosure.

Equity 271

Equity Short sale Loans Sales 271

Housing Wire

JULY 1, 2021

Hubzu for Signature Seller Assisted Sale (SSAS), standard short sale, foreclosure and ultimately REO management and sales) that can perform well, no matter the volume. TB: First, make sure they are fully staffed and/or building efficiencies internally. Second, ensure they are partnered with great vendors (i.e.,

Short sale 269

Short sale FHA loan Equity Sales 269

Keeping Current Matters

JUNE 10, 2021

The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small businesses. Not all of the $700 billion was used, but the important point is that the government did not act with equal fervor to help flailing homeowners, millions of whom lost their homes to foreclosures and short sales.

Bankruptcy 311

Bankruptcy Banks Short sale Industrial 311

Housing Wire

DECEMBER 27, 2021

Here are some trends we’re seeing in the real estate brokerage industry. I think it’s a foregone conclusion that leading brokers are going to need to retrain agents on these financing services, much as they did 10 to 12 years ago to deal with distressed inventory and short sales,” Murray said. Segmentation in the industry.

Brokerage 418

Brokerage Finance Short sale Agents 418

Housing Wire

OCTOBER 1, 2021

According to the new data, high-equity borrowers are around 40% less likely to lose their homes to involuntary liquidation, such as short sale, foreclosure sale, or deed-in-lieu. A total of 79% of borrowers in forbearance exited the plan by reperforming on their mortgage, paying off the loan, or refinancing for sale.

Equity 305

Equity Short sale Loans Mortgages 305

Housing Wire

APRIL 12, 2021

Furthermore, we’re excited to more easily serve this crucial industry which is a major focus of our continued growth.”. Founded in 2006 as The Loan Post, the company pivoted to loan modification, short sales, and nonperforming notes following the 2008 financial crisis. Presented by: CoreLogic. for LandAmerica. .

Commercial 276

Commercial Lending Loan Officer Loans 276

Housing Wire

MARCH 3, 2022

A growing chorus of mortgage servicers, consultants, and lobbyists support the idea of having forbearance programs as a permanent solution in the industry’s loss mitigation toolkit, rather than only a temporary relief for wide-scale events such as financial crises and pandemics.

Principal 370

Principal Loans Lending Finance 370

Keeping Current Matters

JANUARY 21, 2021

Economist for JPMorgan Chase : “The good news in today’s report is that outside the hopefully temporary hit to the food service industry, the rest of the labor market appears to be holding in despite the latest public health challenges.”. What impact will this have on the real estate market in 2021?

Marketing 305

Marketing Short sale Industrial Closing 305

Housing Wire

SEPTEMBER 16, 2021

Policymakers and industry participants were of one mind in the spring of 2020 when it came to the design of the forbearance program, expressing the importance of it being nearly frictionless to enable servicers to quickly help as many as possible. Exits also were very rapid at both the 3-month and 12-month points.

Mortgages 501

Mortgages Loans VA loan Investor 501

Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. As the next graph shows, there were too many homes for sale in 2007, and that caused prices to tumble.

Equity 317

Equity New Construction Construction Short sale 317

CT Homes

FEBRUARY 3, 2022

A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. But what is the short sale process and how does it work? . What is a Short Sale?

Short sale 52

Short sale Sales Pre-approval Principal 52

Housing Wire

AUGUST 31, 2020

The system also offers loss mitigation, modifications, short sales and repayment tracking functionality. Mortgage Servicer supports agency investor reporting, including Fannie Mae, Freddie Mac, Ginnie Mae and Federal Home Loan Bank, as well as other industry standard and private reporting methods.

Mortgages 280

Mortgages Investor Short sale Loans 280

The Residential Specialist

DECEMBER 21, 2022

Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Short sales are not suited to all REALTORS ®.

Short sale 52

Short sale Sales Banks Principal 52

First Team Real Estate

MARCH 15, 2021

HESPERIA, CA – First Team Real Estate High Desert office agent Karen Copeland recently completed the sale of a retail commercial center in Hesperia, CA , successfully representing both the seller and the buyer in the transaction. Million, with both sides, the gross sale amounts to a total of $5.3

Commercial 98

Commercial Sales Closing Residential 98

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales 100

Sales MLS Short sale Residential 100

Lab Coat Agents

APRIL 21, 2025

As more agents learn how to use AI in real estate, these innovations are becoming essential for staying ahead in an increasingly tech-driven industry. Combining AI with Human Insight From property values to sale histories, most real estate data can be overwhelming to analyze manually.

Agents 59

Agents Short sale Finance New Construction 59

RIS Media

MARCH 18, 2022

Existing-home sales fell by 7.2% regions experienced lower month-over-month sales in February. Likewise, year-over-year sales were down a total of 2.4% Year-over-year, sales decreased 2.4% (6.17 month supply at the current sales pace. Single-family home sales jumped to a seasonally adjusted annual rate of 5.35

Sales 98

Sales Construction Mortgages Short sale 98

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

Sales 111

Sales Investor Renovation Staging 111

Broke Agent Media

MARCH 22, 2023

BAM Key Details: According to the National Association of REALTORS®, existing home sales increased 14.5% Year-over-year, however, existing home sales dropped 22.6% and the median existing-home sale price fell 0.2% That said, year-over-year, existing home sales are down 22.6%. from a year ago to $363,000.

Sales 98

Sales Fixed-rate mortgage Mortgages Short sale 98

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Fixed-rate mortgage Banks 92

Realty Biz

FEBRUARY 12, 2023

Prior to this, “you needed access to special lists, or maybe know someone in the industry,” Christina says. These are often called short sales, and they’re just that - when a lender accepts a shortfall in the amount that is owed on the home. These sales can be slow ,” says Christina, “and you are at the mercy of the bank.

Short sale 115

Short sale Banks Staging Principal 115

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Residential Mortgages 92

Easy Agent Pro

OCTOBER 29, 2020

If you’ve been in the real estate industry for some time, you no doubt recall the Great Recession, when the housing market went sideways. Overnight, real estate agents became “short sale experts” during a time when few even knew what the term meant. His suggestion? Or, you could just DIY it.

Short sale 85

Short sale Land Commercial Equity 85

Realty Biz

OCTOBER 4, 2022

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales. She is a member of the Massachusetts Association of Realtors and the National Association of Realtors.

Brokerage 105

Brokerage Short sale Residential New Construction 105

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

Sales 80

Sales MLS Renovation Investor 80

RIS Media

JANUARY 28, 2022

The brokerage, owned and operated by local industry veterans, Kathleen and Jim Rebhan, specializes in?residential relocation services, property management, corporate homes, REO and short-sale transactions. “We This marks the brand’s 23rd franchised office location in the state, the company said.

Short sale 98

Short sale Brokerage Branding Commercial 98