Is Phoenix Housing Market Cooling? Phoenix has been one of the hottest real estate markets in the U.S. The Greater Phoenix housing market was extremely strong last year. It is a metropolitan area, centered in the city of Phoenix, which
San Francisco Housing Market: Prices, Trends, Forecast 2022-2023
San Francisco County Housing Market Trends Tech hubs like San Francisco and San Jose have drawn substantial homebuyer demand over the last two years but San Francisco’s infamously hot real estate market saw an outward migration due to the pandemic.
How can the mortgage industry be more prepared for the next natural disaster?
The housing industry, from servicers to real estate agents and more, will feel the impacts of this year’s hurricane season far beyond 2022. In the midst of this, a potential lapse in the National Flood Insurance is top of mind
People Moving Out of Nashville Are Considering These 10 Cities
Oftentimes referred to as “Music City,” Nashville offers a diverse culture with 693,000 residents calling this energetic city home. With its strong music scene, those living in Nashville never run out of entertainment options. The city is home to many
Rocket Mortgage rolls out new loan option for manufactured homes
Rocket Mortgage is now offering a conventional loan option for buyers who want to purchase or refinance a manufactured home, which expands the home financing options in a rapidly shrinking industry. Borrowers can use this loan to finance a manufactured
What is Passive Real Estate Investing?
What is Passive Real Estate Investing? Passive real estate investing is a way to invest in real estate to augment income considerably well without having to necessarily stress out one’s self. You are not actively involved in generating profits or
Fed delivers another 75 bps rate hike
Amid a surprisingly strong U.S. economic performance and persistent inflation, the Federal Reserve on Wednesday raised the federal funds rate by another 75 basis points, to 3.75%-4%, launching it to the highest level since December 2007. The decision, expected by
NAMB will focus advocacy on trigger leads, 3% QM rule
The National Association of Mortgage Brokers (NAMB), a trade association representing mortgage professionals and homebuyers since its establishment in 1973, announced its agenda for 2023 at it NAMB National conference. According to a statement, NAMB pledged to advocate for a
People Leaving Portland Are Looking to Move to These 10 Cities
Home to 650,500 people, Portland, OR is a unique city known for its coffee, hipster culture, and craft beer scene. In Portland, the locals enjoy a wide range of delicious cuisines, plenty of recreational activities in and near the city,
Idaho Housing Market Forecast 2022 & 2023
Idaho Housing Market Trends According to Redfin, in September, Idaho home prices were up 2.5% year on year. The number of homes sold plummeted by 30.9% while the number of properties for sale increased by 9.7%. While the demand is
Opinion: Title firms can win more business by turning workflow weaknesses into strengths
It’s clear that 2023 will be a very different year for the title industry than what we’ve experienced in the recent past. Despite the forecasted decline in orders, we’re still expecting an overall origination volume of just over $2 trillion.
Rithm delivers $124.5M Q3 profit, announces acquisition
Rithm Capital, formerly known as New Residential Investment, delivered a $124.5 million profit from July to September, due primarily to its servicing portfolio performance. In the third quarter, the company intensified the diversification of its businesses and further downsized its mortgage business amid
Will The Housing Market Crash: Real Estate Crash Again?
When Will the Housing Market Crash? As more signs show that the housing market is already slowing down in 2022, many people are wondering: Will the housing market crash or collapse in the near future? More and more housing analysts
Mortgage demand declines at a slower pace
Borrowers’ demand for mortgage loans declined at a slower pace last week when mortgage rates dropped slightly ahead of the Federal Reserve’s (Fed) meeting to announce the new target for the federal funds rate. According to the latest survey from the Mortgage
Housing Market Predictions | Real Estate Market Forecast
Housing Market Predictions The housing market saw an incredible year last year, with record-low interest rates, the strongest yearly growth in single-family values and rentals, a generational low in foreclosure rates, and the highest number of home sales in 15
RON bill grinds to a halt in the U.S. Senate
Things were looking good for the Securing and Enabling Commerce Using Remote and Electronic Notarization (SECURE) Act as of late July after it passed in the House of Representatives as part of a package of bills. However, the bill’s momentum
Is it a Good Time to Buy a House or Should I Wait Until 2023-2024
Should I Buy a House Now or Wait? Check out the latest housing trends for the previous month if you’re unsure whether it is a good time to buy a house or if should you wait until 2023. It’s becoming
People Moving Out of Austin Are Considering These 10 Cities
There is something for everyone in Austin, TX. Whether you’re looking for a lively nightlife scene, a robust job market, or an affordable cost of living, you’ll find it in Austin. With a whopping 966,000 residents living in Austin, it’s
HW Annual 2022: HW Media Update
HW Media Update Starting in 2018, HW Media started focusing on events for marketers with Engage Marketing. In 2022 this tradition was continued with the Marketing Leader Success Summit at HousingWire Annual in Scottsdale. In this update Clayton Collins and
Boise Real Estate Market: Prices And Forecast 2022 & 2023
Is the Boise Housing Market Cooling Off? Boise had a hot housing market during the pandemic-fueled boom. The housing market conditions we experienced for the last two years were unique. Historically low inventory, coupled with rampant demand, resulted in above-average
What is a 2-1 temporary rate buydown?
As mortgage rates hit 7% and above, loan officers are seeing new borrowers increasingly interested in options that can help reduce their initial mortgage payments. These borrowers are hoping that rates will decline enough in the next few years that
Pressure is back on sellers to attract buyers as demand softens
Go to Source Author:
Recent renters reveal five winning strategies to land a place in today’s hot market
Go to Source Author:
Home price growth slows further in August
Annual home-price growth slowed further in August, with year-over-year price gain shrinking for the fifth consecutive month, according to the S&P CoreLogic Case-Shiller National Home Price Index, released Tuesday. Nationwide home prices posted a year gain of 13.0% in August, bringing