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Home2022

Year: 2022

Loan Markets

FREE CHECKLIST: How to make sure your technology saves you time and money

May 2, 2022 Mariel Alumit Comments Off on FREE CHECKLIST: How to make sure your technology saves you time and money

Whether you love it or hate it, technology has drastically changed how real estate professionals do business and will continue to do so in more ways than we can imagine. With a quick Google search […]

housing
Loan Markets

The Extraordinary Wealth Created by the Pandemic Housing Market

May 2, 2022 Mariel Alumit Comments Off on The Extraordinary Wealth Created by the Pandemic Housing Market

Over the past two years, Americans who own their homes have gained more than $6 trillion in housing wealth. To be clear, that doesn’t mean homebuilders have transferred to buyers $6 trillion worth of new […]

home
Loan Markets

Average Home Buyer’s Monthly Payment Shot Up 39%—The Biggest Annual Gain On Record

April 29, 2022 Mariel Alumit Comments Off on Average Home Buyer’s Monthly Payment Shot Up 39%—The Biggest Annual Gain On Record

The typical home buyer’s monthly mortgage payment rose 39%, the largest year-over-year gain on record as the average 30-year-fixed rate hovered at a 12-year high of 5.1%. That’s according to a new report from Redfin, a technology-powered […]

No Picture
Home Improvement

Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

April 29, 2022 Mariel Alumit Comments Off on Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. […]

Home Improvement

What Does a Home Inspector Look For? A Whole Lot

April 29, 2022 Mariel Alumit Comments Off on What Does a Home Inspector Look For? A Whole Lot

Hiring a home inspector to check out a house before you buy it takes time, but it can save you big money in the end. So what does a home inspector look for in your home? A […]

Home Improvement

Invasion of the Hammerhead Flatworms! Is This Toxic Species Putting Your Home and Garden at Risk?

April 29, 2022 Mariel Alumit Comments Off on Invasion of the Hammerhead Flatworms! Is This Toxic Species Putting Your Home and Garden at Risk?

Hammerhead flatworms are not your average garden worm. These slithering, slimy flatworms have a hammerhead sharklike head (hence the name) and are known to destroy their victims by emitting a neurotoxin to stun them and an […]

Loan Markets

House Prices Continue Rise As Supply Dwindles [Infographic]

April 29, 2022 Mariel Alumit Comments Off on House Prices Continue Rise As Supply Dwindles [Infographic]

Ever since the pandemic housing boom, U.S. house prices have kept on climbing, leaving many potential buyers at a loss of how they could afford a place of their own in the red hot market. […]

U.S. Market

What You Need To Know About Selling in a Sellers’ Market

April 29, 2022 Mariel Alumit Comments Off on What You Need To Know About Selling in a Sellers’ Market

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But […]

Loan Markets

Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble

April 28, 2022 Mariel Alumit Comments Off on Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble

Real house prices—prices adjusted for inflation—have steadily increased in the U.S. since 2012. Further acceleration in the pace of house-price appreciation began before the pandemic but has strengthened noticeably since early 2020. For prospective buyers […]

Commercial Real Estate

Sotheby’s International Realty CEO on topsy-turvy COVID-era market

April 28, 2022 Mariel Alumit Comments Off on Sotheby’s International Realty CEO on topsy-turvy COVID-era market

Philip A. White, Jr. joined Sotheby’s International Realty as its chief operating officer in 2004, and rose to the roles of president and CEO. The firm achieved $204 billion in global sales in 2021, a […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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