This article is part of our Housing 2022-23 forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year,
Read more
After the booming volume of the last two years, this year has been more difficult than many expected. Production has dropped significantly, and many lender shops are focused on recruiting more loan officers to help make up the difference. “As a company, we’ve had to really right-size our teams to
Read more
Amid elevated mortgage rates, continued emphasis on regulatory oversight and a worsening 2023 market outlook, many lenders are reassessing their risk tolerance, which can lead to a tightening of their lending standards. In a contracting market, how can lenders gain a competitive advantage? According to Kristin Broadley, Chief Innovation Officer
Read more
Class Valuation, one of the largest appraisal management companies in the U.S., has acquired yet another firm. It’s picked up PropertyVal, a Maine-based AMC that is among the largest independent residential appraisal firms in the state. “We are a regional AMC with a strong network across New England, but our
Read more
The Federal Reserve’s decision to slow the pace of interest rate hikes this week pushed mortgage rates lower — and it happened in spite of the central bank reiterating that it would continue to tighten its grip on the economy next year. These lower rates are encouraging news for the
Read more
The repurchase-request volume, which includes both depository lenders and nonbanks, is being driven up this year by the huge volume of lower-rate loans made in 2020 and 2021 that Fannie and Freddie are continuing to vet for loan-sale representations and warranties violations. Mortgage lenders, already reeling from a downturn in
Read more
The real estate market has been fiercely hot and somewhat volatile since … FILE – A for sale sign is posted in front of a home on March 3, 2022.
Read more
Investment in real estate fell at a sharper pace amid the industry’s ongoing slump. Weaker output in China will push commodity prices down but may …
Read more
Manhattan co-op sales inventory is greater than condo inventory, … According to real estate appraisal firm Miller Samuel, the median sale price …
Read more
real estate mortgage-main_i.jpg. Daniel Acker/Bloomberg. Even though regional home sales in November declined into the double digits …
Read more
As for the hot real estate markets of 2023, Yun is pointing south, with the top 10 markets to watch consisting of Atlanta-Sandy Springs-Marietta, …
Read more
“I’ve been selling real estate for 32 years,” Siwiec said. … who say they’re thinking about getting into real estate sales and want to talk.”.
Read more