Housing Market Sacramento for June 2022 The Sacramento housing market report for June has been updated in this article. Realtors in Sacramento predict that home prices will continue to rise this year. Nearly 11.0 percent combined sales and price increase
Explore like a Charlottean: Locals Share The Most Unique Things To Do in Charlotte
If you’re living in Charlotte, you’re no stranger that this city is full of colorful history, culture, and mouth-watering eats. The Queen City is a mix of traditional and eclectic, perfect for any future residents who want to put down
California Housing Market Forecast 2022: Will Prices Drop?
How Is The Housing Market In California Right Now? Home prices in the California housing market increased year-over-year in June. At the same time, the number of homes sold fell 23.6% and the number of homes for sale rose as
Act now to get your room for HW Annual Oct. 3-5 in Scottsdale
With just under two months until HW Annual, it is important to make your hotel reservations now to join us in person for this power-packed event. HW Annual will take place from Oct. 3-5 at the Fairmont Princess Resort in
What is a Trellis? How You Can Take Your Garden to New Heights
Whether you own a house in Knoxville, TN, or are renting an apartment in Charlotte, NC, adding a trellis to your garden can support plant growth, spruce up your garden decor, and can be used to create more private outdoor
Opinion: The not-so-surprising resurgence of home equity lending
In recent months, interest rates have risen to their highest level in years as the Federal Reserve has embarked on an aggressive tightening campaign in an effort to fight inflation. Despite rising rates, demand for home equity lines of credit
8 Most Affordable Pittsburgh Suburbs to Live In
Pittsburgh, also known as “the Steel City,” is quickly becoming home for many Pennsylvanians and out-of-staters alike. There are countless things to do in the city, including visiting the Andy Warhol Museum, the Carnegie Science Center, and the Phipps Conservatory
The Top 10 Fastest-Growing Cities in California
California is home to beautiful beaches, a vibrant arts and entertainment scene, and stunning nature. It’s no surprise that California is the most populous state in the United States, with around 39 million people calling it home. If you’re considering
Unpacking the top housing regulations to watch at HW Annual on Oct. 4
The current administration has been in office for over a year and a half, and with that tenure, a lot of the new housing officials have had time to create and announce their core initiatives. To help bring you the
Housing Market Forecast 2024 & 2025
Here’s what some of the experts predict will happen in the housing market in the next five years. According to Zillow, the current typical value of homes in the United States is $354,165. This value is seasonally adjusted and only
Finance of America eliminates big chunk of workforce as losses mount
Finance of America posted steep losses in the second quarter and has pledged to eliminate a significant percentage of its workforce to contain the financial fallout. As with other lenders seeing huge declines in mortgage origination volume, Finance of America’s
The Top 10 Fastest-Growing Cities in Arizona
Thinking of moving to Arizona? Best known as “The Grand Canyon State,” over 7 million people call this state home. And it’s no surprise with easy access to nature, great weather, and lively cities. If you are considering moving to
Rocket’s earnings plummet, but its liquidity remains solid
During this period of rising rates and general rate volatility, having the cash and credit lines on hand to ride out the rough patches in the market — known as liquidity — can be what separates the winners from the
6 Most Affordable Philadelphia Suburbs to Live In
Whether you want to call it by its nickname, “The City of Brotherly Love,” or just by its name, Philadelphia is often considered one of the great destinations to relocate to in the North East. From its legendary food scene
Learn the Lingo
Sometimes it sound like Realtors have their own language. We forget that not everyone speaks “Realtor-ese”. Let’s review the basics and take away any confusion you may have. Realtor.com shared 9 common real estate terms in a recent post that might help. Appraisal Contingency: Having an appraisal contingency in your purchase agreement means you will buy […]
Home buyers with lower credit scores pay an extra $104,000 in mortgage costs
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Mortgage delinquency rate rebounds after hitting record lows
The national mortgage delinquency rate rose in June after hitting consecutive record lows in each of the previous three months. The overall delinquency rate rose nine basis points to 2.84% in June, according to Black Knight. The delinquency rate is
Texana Bank to trim workforce in California
Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. Lauren Witherspoon, director of human resources, wrote: “Circumstances will force
The nation’s housing market is on a correction course
Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Several
Even in a down market, lenders lean on LO signing bonuses
Gone are the days that loan originators received hefty signing bonuses to crank out refi after refi. But make no mistake, even in a down mortgage market lenders are still dangling signing bonuses to recruit high-producing LOs who can eat
Seattle Housing Market: Prices, Trends & Forecast 2022
Seattle Housing Market Report For June 2022 The Seattle housing market has been hot this year. Despite record-low inventory levels, last year saw record-breaking sales. No month had more than a month’s supply. By and large, industry observers describe a
Even super hot housing markets like LA are cooling off
Our local market feature spotlights five different areas across the country for each HousingWire Magazine. Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Rapid City, South Dakota Rapid
What Are Suburban Apartments? All About These Affordable Homes
Remote work environments and rising rent prices have made suburban living more attractive in recent years. Young professionals are opting for larger homes with more rooms that double as office spaces, which come at a significant discount in the suburbs.
What Happens to Homeowners if the Housing Market Crashes?
How Does a Market Crash Affect Homeowners? If home values fall quickly, purchasers may find themselves with underwater mortgages, which means they must either stay in the house until the market recovers or sell and lose money. Homeowners owe more