I have been a happy camper lately, particularly with the rise of the 10-year yield as I am seeking balance in the housing market. I love these times in the market and the San Francisco 49ers are making an epic
The doxing saga of Michael Arrington’s Miami mansion
ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press,
What is a Condo? What You Need to Know Before Buying One
If you’re thinking of buying a house, you may be considering a condo. Condominiums, or “condos,” are a popular choice for many first-time homebuyers, homeowners looking to downsize or relocate to a place like Jacksonville, FL, and those looking to
Las Vegas Housing Market: Prices | Trends | Forecasts 2022
The Las Vegas housing market is on fire. Sales of single-family homes are up from last year, and prices are reaching new highs. Month after month, inventory is depleting and cannot keep up with demand. People continue to flock to
Most Popular Paint Colors to “Swatch” Out for in 2022
The new year is the perfect time to give our homes a makeover. But if a full-scale renovation isn’t in the books, giving your space a fresh coat of paint can do wonders to instantly upgrade your home. Whether you’re
New Jersey Housing Market: Prices | Trends | Forecasts 2022
This year, the New Jersey housing market has been characterized by bidding wars and a scarcity of inventory. Homebuyers have been ecstatic to take advantage of historically low mortgage rates. All of these factors contributed to many homes in New
The Mediterranean Style House: Blending Italian and Spanish Architecture
Picture this – a European villa in a warm seaside town, surrounded by ocean views, a patio, and large windows that seemingly pulls in the landscape around you into your home. With arched windows, wrought-iron details, and a blend of
11 Lawn Care Tips to Fix Everyday Landscaping Problems
A healthy, green lawn goes a long way in giving your home major curb appeal. However, maintaining a beautiful lawn can often be a difficult task. Every lawn is different, and with so many different variables to consider, it’s easy
U.S. housing market has doubled in value since the Great Recession after gaining $6.9 trillion in 2021
After biggest annual growth ever, the U.S. housing market is now worth more than $43 trillion Go to Source Author:
Inventory down 40% from pre-COVID level as price growth intensifies
Competition already fierce as shoppers start the buying season early Go to Source Author:
Forbearance rate drops below 1.5%
Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November, according
Regulators slap mortgage LOs with fines for skipping class
More than 400 mortgage loan originators will pay penalties after a multi-state investigation alleged they falsely claimed they completed an annual continuing education requirement. LOs in 42 states who settled with state regulators will pay on average about $2,700 each
loanDepot’s CEO picks up pricey real estate in Florida
Anthony Hsieh, the CEO of loanDepot, has been buying some pricey real estate in Florida, pushing his portfolio of properties to over $150 million. As was first reported by the The Real Deal, Hsieh has dropped approximately $50 million dollars
Utah Housing Market (Salt Lake City) Trends & Forecast 2022
The pandemic has supercharged Utah’s housing market driven by historically low-interest rates and low unemployment rates. Utah’s home prices have skyrocketed. Utah housing market has been ranked as the nation’s #1 housing market for the strongest pace of job growth,
Private-label sets a furious pace to start 2022
A total of 10 new private-label securitization deals backed by more than 9,500 mortgages valued collectively at nearly $5.4 billion have already hit the market over the first few weeks of 2022, according to a new analysis by HousingWire. The
What You Need to Buy a House in 2022
Whether you’re a first-time buyer eager to become a homeowner this year, or you’re ready to leave your Seattle condo for some acreage in Dallas, buying a new house is an exciting time. However, it can be a lengthy and
Here’s how one mortgage lender gives back to service members
About five years ago, Linthicum, Maryland-based NFM Lending was looking for a way to shift from sporadic donations to service members to a dedicated effort that regularly recognized their sacrifice. Their answer was the creation of the NFM Salute, an
Indianapolis Housing Market: Prices | Trends | Forecasts 2022
Last year was a record-breaking year for the entire Indiana real estate market. Not surprising is the fact that Indianapolis house prices are also on the rise in the year 2021. Demand is still outpacing the supply, the new construction
Milo launches a crypto mortgage product
Milo, a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And the company claims that there is already a waitlist for the product. According to Milo’s press release, clients who use the company’s services
CEO Matt Widdows pushes HomeSmart toward IPO
HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. Founded in 2000, Scottsdale, Arizona-based HomeSmart is the seventh largest brokerage
Lunch & Learn : The Role of Appraisers in the Future of Valuation
Hosted by Accurate Group Collateral valuation is a critical component of mortgage lending and the home sales process. During the course of the pandemic, mortgage professionals have seen origination volumes for refi and purchase skyrocket as they have simultaneously faced challenges
Wells Fargo reports lower GOS and origination volume in Q4
Wells Fargo originated $48.1 billion worth of mortgages in the fourth quarter, down from $51.9 billion in the previous quarter. The bank’s mortgage lending gain on sale margin — the earnings stemming from its originations — tumbled from 204.5 basis
Most Competitive Neighborhoods in Richmond to Buy a House
Thinking of buying a house? Consider house-hunting in Richmond, VA. The River City is well-known for its history and role in the Civil War, commemorated with interesting museums and historical sites, lively food scene, and easy access to the James
What happens when forbearance ends?
This video is part of our HousingWire 2022 forecast series. After the series wraps in January, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the