Housing Wire

SEPTEMBER 9, 2020

Not only could millions of families potentially lose their home, through a short sale or foreclosure, but this also could create downward pressure on home prices – and consequently home equity – as distressed sales are pushed back into the for-sale market,” the report said.

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Short sale Loans Staging Mortgages 544

HomeLight

SEPTEMBER 30, 2020

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ? Well, it depends.

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Short sale Loans Sales Pre-approval 138

Housing Wire

APRIL 8, 2021

The rising tide of a booming housing market, which has lifted all home price boats, is partially to thank for the steady rise in the share of foreclosure sales with surplus funds over the last five years. 36,000 Surplus per Sale. 36,000 Surplus per Sale.

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Equity Short sale MLS Sales 459

Keeping Current Matters

JANUARY 21, 2021

Hopefully, the recent legislation can help build a bridge to a time when vaccines are fully rolled out and the labor market can sustainably heal.”. What impact will this have on the real estate market in 2021? But while anything is possible, it’s highly unlikely that we’ll see another foreclosure tsunami or housing market crash.”.

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Marketing Short sale Industrial Closing 307

Housing Wire

NOVEMBER 11, 2022

Yun, who analyzed the current state of the residential market, offered his 2023 market outlook on Friday at the NAR conference in Orlando. In turn, purchase inventory levels have stayed low in most markets. The housing market conditions are also fundamentally different than they were during the Great Recession, according to Yun.

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Short sale Mortgages Sales Residential 508

Keeping Current Matters

NOVEMBER 4, 2021

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. million households lost their homes to a foreclosure, short sale, or because they simply gave it back to the bank. It’s exactly the opposite today.

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Short sale Equity Sales Banks 319

Housing Wire

AUGUST 23, 2021

A notable development: After a year of extremely tight housing inventory , the housing market is showing signs of finally adding housing stock. However, even with the availability of more homes on the market, inventory for homebuyers is down 12% from 2020 (1.5 The inventory of unsold homes rose by 7.3%

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Short sale Sales Development Marketing 488

Realty Biz

AUGUST 29, 2022

Many more homes have been sold since then and some have even gone through short sales. But what is a short sale exactly, and how is it any different than a regular sale, bankruptcy, or foreclosure? How does a short sale affect you as a homeowner? What You Need to Know About Short Sales.

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Short sale Sales Bankruptcy Banks 107

Housing Wire

NOVEMBER 15, 2022

While originations are down due to a volatile mortgage market, the population of underserved borrowers who require non-QM products is on the rise. Prospecting for these borrower types can help protect your business during market shifts. Marketing to real estate investors is lucrative regardless of the market. and growing.

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Bankruptcy Short sale Investor Title 397

Housing Wire

MAY 20, 2022

Roofstock Marketplace , for example, offers services to help sellers who need to sell their homes fast, including key market insights to help with pricing. It may be a seller’s market for a while, but then switch to a buyer’s market, or the market could come to a halt altogether. Consider a Short Sale.

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Short sale Investor Banks Renovation 435

Housing Wire

OCTOBER 17, 2023

One prominent scheme involved unlicensed “short sale facilitators” charging upfront fees to distressed homeowners and often representing “straw buyers” with lowball offers. That means pre-foreclosure sales accounted for 64% of all distressed property sales in 2022, the highest share on record.

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MLS Short sale Equity Banks 435

Housing Wire

MAY 9, 2022

housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs. housing market is more tied to mortgage buyers. The days on market grow, which gives people more choices and less forced bidding.

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Short sale Mortgages Equity Sales 532

Keeping Current Matters

JULY 28, 2021

With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. 2018: 279,040. 2019: 277,520.

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Short sale Equity Principal Sales 307

HomeLight

SEPTEMBER 6, 2022

Because, there’s a lot of uncertainty surrounding a short sale, a homeowner might reach out to the real estate agent who originally sold them their home. But that may not be the best choice because even if the whole experience was positive, you’re not going to get the same help that a short sales Realtor® can provide.

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Short sale Sales Agents Mortgages 105

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales.

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Short sale Sales Pre-approval Equity 98

Housing Wire

JUNE 8, 2022

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood.

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Short sale MLS Banks Loans 370

Housing Wire

NOVEMBER 3, 2023

homegenius Real Estate understands the need to deliver differentiated value in a very congested market. The homegenius Home Price Index combines market information, valuation data and advanced machine learning techniques to analyze home price data and identify trends for regions, towns and neighborhoods. Explore possible cost savings.

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Closing costs Short sale Technology New Construction 435

Housing Wire

JUNE 22, 2021

“The improving job market and strong housing market are providing support for those who do exit.”. In fact, calculating mark-to-market CLTVs of homeowners in some form of mortgage postponement through February 2021, Black Knight estimated that 96% have at least 10% equity in their homes.

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Short sale Loans Equity Mortgages 418

HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

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Short sale Sales Purchase and sale agreement Banks 105

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! I have never believed in this concept because of how the housing market credit channels work.

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Sales Mortgages Short sale Principal 531

Housing Wire

NOVEMBER 3, 2020

Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. Hubzu is an end-to-end asset management platform for residential foreclosure, short sale, REO, deed in lieu, CWCOT and retail property auctions. and Denver markets.

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Residential Short sale Technology Land 359

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?

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Short sale Sales Banks Backup offer 101

Housing Wire

APRIL 25, 2023

This article is part of our ongoing 2023 Housing Market Forecast series. After this series wraps, join us on May 30 for the next Housing Market Update Event. As broader economic events have taken center stage since last summer, the market has grown increasingly volatile. To register, go here. In March 2023, it was just 2.2

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Short sale Staging Mortgages Banks 397

Housing Wire

FEBRUARY 21, 2023

“While home sales have now fallen for 12 months in a row, the January decline is much smaller than previous drops,” Sturtevant said. January sales reflect purchase contracts made in November or December, and there is evidence that in many markets, the housing market has bottomed out and buyers are beginning to return to the market.”

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Sales Short sale MLS Marketing 370

Keeping Current Matters

JANUARY 13, 2021

Michael Sklarz, President at Collateral Analytics : “We may very well see a meaningful increase in the number of homes listed for sale as these borrowers choose to sell at what is arguably an intermediate top in the market and downsize to more affordable homes rather than face foreclosure.”. Bottom Line.

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Equity Short sale Principal Loans 306

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.,

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Short sale FHA loan Equity Sales 307

Housing Wire

MAY 31, 2021

In addition, Pyramid Platform offers users a variety of other workflows, including deed-in-lieu, short sale, acquisition, rental management, and more. As the market fluctuates, servicers and asset managers need flexible tech that allows them to focus their talent on strategy rather than managing repetitive tasks. icient and e?ective

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Technology Investor Short sale Real-estate owned 418

Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. million new and existing home sales combined.

Bankruptcy 525

Bankruptcy Loans Sales Short sale 525

Housing Wire

MARCH 17, 2021

” Pre-foreclosure sales are a promising alternative to foreclosures – here’s why. The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace. Presented by: Auction.com.

Title 370

Title Short sale Lending Loans 370

Keeping Current Matters

SEPTEMBER 1, 2020

At that time, distressed properties, like foreclosures and short sales, dominated the market. That’s a drastically different environment than what we have in the housing market now. The green bar represents today’s market. Homes on your wish list may be more affordable today than you think.

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Short sale Loans Mortgages Closing 340

Keeping Current Matters

SEPTEMBER 8, 2021

Short sale. Equity is the difference between what you owe on the home and its market value based on factors like price appreciation. In today’s real estate market, many homeowners have far more equity in their homes than they realize. housing market.”. Deed-in-lieu of foreclosure.

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Equity Short sale Loans Sales 272

Housing Wire

DECEMBER 27, 2021

Another factor is that leading market-share brokerage ?rms These companies have come up with innovative marketing and new delivery methods. But we think that leading brokerage companies, or market-share leaders, will need to incorporate and embed these services in their everyday offerings to buyers and sellers,” Murray said.

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Brokerage Finance Short sale Agents 418

Keeping Current Matters

MAY 26, 2021

Understanding how housing affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down the optimal window of time in which to make a purchase. Those properties were sold at large discounts not seen before in the housing market for almost one hundred years.

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Short sale Loans Mortgages As-is 321

Housing Wire

JULY 20, 2023

With positive inflation news and a strong labor market, the possibility that the Fed will be able to bring the economy in for a “soft landing” is improving. Properties in June on average remained on the market for 18 days, identical to May but up from 14 days in June 2022.

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Sales MLS Construction Short sale 369

Housing Wire

MAY 13, 2021

Portfolio Select is a good option for those just two years out of foreclosure, short sale, bankruptcy or deed-in-lieu. We have presentations, marketing flyers and innovative products ready to help you get it done. A Bank Statement loan allows bank statement submissions instead of tax returns. Learn more.

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Loans Bankruptcy Investor Short sale 364

Housing Wire

MAY 18, 2022

To take full advantage of the current market conditions, lenders and servicers must obsess over customer service. “Servicers have done a much better job than they did 15 years ago,” said Chopra, speaking at the Mortgage Bankers Association ‘s annual secondary markets conference in New York. Presented by: TMS.

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Loans Short sale Mortgages Closing 397

Housing Wire

APRIL 12, 2021

In today’s market, efficiency is everything and this new integration makes it much easier for lenders using the LendingWise platform to get new deals into their pipeline faster,” said Greg Holmes, Credit Plus CEO and president. The move establishes Credit Plus in the commercial and private money lending spaces. “In Presented by: CoreLogic.

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Commercial Lending Loan Officer Loans 319