Apr 10, 2020 via redfin.com Is spending so much time inside making you go stir-crazy? Well with life outside seemingly on hold, this may be the perfect opportunity to make a few easy home improvements to transform your house into a nicer and more refreshed place to spend your days. From adding a pop of color to your front door … 20 Easy DIY Home Projects to Spruce up Your Space Read More >> The post 20 Easy DIY Home Projects to Spruce up Your Space appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Apr 10, 2020 via housingwire.com "Even in the midst of this unprecedented pandemic that we're all enduring, there are some great things happening; some silver linings to be found amid all the negative," HousingWire Columnist Dustin Brohm writes. The post Silver linings amid the economic shift appeared first on HousingWire.
Apr 10, 2020 via housingwire.com People Movers are updates about the business professionals making waves in the housing and mortgage industries. Here's the latest. The post People movers: AREAL.ai, CoreLogic and Valucentric appeared first on HousingWire.
Apr 9, 2020 via housingwire.com A day after President Donald Trump set an April 30 deadline for reopening the U.S. economy, Federal Reserve Chairman Jerome Powell urged caution. The post Fed chairman urges caution on reopening economy appeared first on HousingWire.
Apr 9, 2020 via housingwire.com In a video Op-Ed, United Wholesale Mortgage CEO Mat Ishiba addresses the issues impacting consumers, originators (retail and wholesale), GSEs and other housing market constituents. The post [PULSE] Short-term pain, long-term gain appeared first on HousingWire.
Apr 9, 2020 via redfin.com Redfin's Chief Growth Officer analyzes how unemployment and coronavirus are affecting the housing market and driving more interest in virtual home tours. The post Surprising Resilience in Home-Buying Demand Despite Job Losses and Coronavirus Spread appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Apr 9, 2020 via redfin.com Six charts that illustrate the latest developments in the housing market as COVID-19 continues to upend residential real estate. The post 6 Charts That Show What's Happening in the Housing Market Right Now appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Apr 9, 2020 via redfin.com One-third of home-tour requests made by Redfin customers last week were for agent-led video-chat tours, up from less than 1% during the first week of March. The post More Homebuyers Are Making Offers After Viewing Homes Virtually appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Apr 9, 2020 via zillow.com In the first week of April, newly listed homes nationwide were down 27.1% from a year ago. And already listed homes appear to be lingering on the market. The post Coronavirus Impact: New Listings Fall Sharply as Spring Home Shopping Season is Set to Begin appeared first on Zillow Research.
Apr 9, 2020 via cnbc.com Renters are having trouble paying monthly rent as coronavirus-related layoffs continue across the country. Dallas Tanner, Invitation Homes CEO, discusses how the nation's largest single family rental REIT is helping.
Apr 9, 2020 via housingwire.com Surefire CRM From individuals to enterprise lenders, Top of Mind's Surefire CRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business with intuitive, "set it and forget it" workflows and award-winning content that inspires emotional connections with customers. Product Fast Facts #1 The Surefire platform integrates with lenders' full […] The post Mortgage Tech Demo Day: Top of Mind appeared first on HousingWire.
Apr 9, 2020 via housingwire.com "This month's release highlights the large retreat from jumbo and non-QM investors due to a sharp drop in liquidity," said MBA's Joel Kan. The post Mortgage credit availability tumbles to 5-year low appeared first on HousingWire.
Apr 9, 2020 via housingwire.com The number of Americans filing jobless claims totalled 6.61 million last week, the second-highest on record, the Labor Department said. The post Jobless claims totaled 6.6 million last week appeared first on HousingWire.
Apr 9, 2020 via themortgagereports.com Use this free hardship letter template to request mortgage forbearance from your loan servicer. This is the one step to get CARES Act mortgage relief.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: Optimal Blue appeared first on HousingWire.
Apr 8, 2020 via zillow.com Mortgage rates have been relatively stable lately, suggesting the historic intervention by the Federal Reserve has at least partially achieved its goals. The post Mortgage Rates Stabilize Somewhat, Though Volatility Remains appeared first on Zillow Research.
Apr 8, 2020 via zillow.com At least a third of renters didn't pay their landlords last week, and mortgage servicers could be on the hook for $33B (or more) in missed payments. The post Zillow Market Pulse: April 8, 2020 appeared first on Zillow Research.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: Ellie Mae appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: DocMagic appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: FormFree appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: FirstClose appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: Global DMS appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: Snapdocs appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: Blend Home Equity appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: Blend Mortgage appeared first on HousingWire.
Apr 8, 2020 via housingwire.com The post Mortgage Tech Demo Day: Capacity appeared first on HousingWire.
Apr 8, 2020 via housingwire.com As the coronavirus is rapidly impacting the mortgage and real estate industries, HousingWire is providing insights from housing professionals who are familiar with industry upheaval. The post Series: Industry Warriors share their stories appeared first on HousingWire.
Apr 8, 2020 via cnbc.com Tarek El Moussa, host of HGTV show 'Flip or Flop', joins 'Power Lunch' to discuss the state of the real estate industry amid the coronavirus pandemic.
Apr 8, 2020 via cnbc.com CNBC's Diana Olick reports on the drama in the mortgage industry.
Apr 8, 2020 via housingwire.com Sen. Bernie Sanders (I-VT), the self-described Democratic Socialist competing to be the Democratic Party's nominee to take on President Donald Trump, dropped out of the race on Wednesday citing America's "desperate" struggle with the COVID-19 pandemic. The post Sanders cites nation's “desperate hour” as he suspends campaign appeared first on HousingWire.
Apr 8, 2020 via housingwire.com As of mid-march, construction employment has dipped by 29,000, according to the National Association of Home Builders. Additionally, the industry is facing building supply shortages and project delays due to the coronavirus. The post How the coronavirus is impacting homebuilders appeared first on HousingWire.
Apr 8, 2020 via cnbc.com Top industry leaders are fighting back against a regulator who is refusing to offer immediate help for mortgage servicers as homeowners seek to defer payments.
Apr 8, 2020 via cnbc.com CNBC's Diana Olick reports on the latest mortgage applications data.
Apr 8, 2020 via cnbc.com Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the coronavirus and higher mortgage rates.
Apr 8, 2020 via housingwire.com Mortgage applications decreased 17.9% in the week ending April 3, according to new data from the Mortgage Bankers Association. The post Mortgage applications fall amid unemployment surge appeared first on HousingWire.
Apr 7, 2020 via cnbc.com "We're really a different company and entering this cycle in a very different set of conditions," Prologis CEO Hamid Moghadam told Jim Cramer.
Apr 7, 2020 via cnbc.com DocuSign CEO Dan Springer told CNBC the company has experienced challenges among its clients in the travel and hospitality sector.
Apr 7, 2020 via cnbc.com Trump ally Tom Barrack and his company hired a group of lobbyists to advise on issues related to the coronavirus pandemic as he warns of pending hurdles to the commercial mortgage market
Apr 7, 2020 via housingwire.com Over the weekend, David Stevens, the former head of the FHA and CEO of the MBA, wrote that the mortgage industry was "standing on the precipice" of widespread havoc due to a potential deluge of forbearance requests from borrowers. FHFA Director Mark Calabria, meanwhile, told HousingWire Tuesday that the industry shouldn't expect the agency to save any nonbank from failing. The post Calabria: No nonbank is too big to fail appeared first on HousingWire.
Apr 7, 2020 via cnbc.com CNBC's Diana Olick reports how the rise of mortgage forebearance requests for the month of March and early April.
Apr 7, 2020 via housingwire.com For appraisers, one factor played a key role in the heat they received following the crisis - their representation. HW+ premium content. The post The fragmented voice of the appraisal industry appeared first on HousingWire.
Apr 7, 2020 via cnbc.com Forbearance requests grew by 1,270% between the week March 2 and the week of March 16, and another 1,896% between the week of March 16 and the week of March 30, according to numbers released Tuesday by the Mortgage Bankers Association.
Apr 7, 2020 via cnbc.com Lenders are allowing borrowers affected by the coronavirus pandemic to miss some of their mortgage payments. But there's more to this relief than meets the eye. What you should know.
Apr 7, 2020 via redfin.com An update from Glenn about a furlough and other changes within Redfin. The post A Big Redfin Furlough, With Some Permanent Departures appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Apr 6, 2020 via zillow.com On average, consumers say they think there's an almost 1 in 5 chance of losing their job in the next year -- the highest reading on record. The post Zillow Market Pulse: April 6, 2020 appeared first on Zillow Research.
Apr 6, 2020 via zillow.com The number of 3D Home tours created on Zillow in March was 188% higher than the previous month. The post Creation of 3D Home Tours Soared in March as Stay-at-Home Orders Expanded appeared first on Zillow Research.
Apr 6, 2020 via housingwire.com The bank said "certain on-site employees hired by May 10, 2020 are eligible for up to $1,000 in additional special payments." The post Fifth Third Bank planning to hire 950 employees appeared first on HousingWire.
Apr 6, 2020 via cnbc.com CNBC's Diana Olick reports on mortgage and finance leaders putting out an urgent liquidity plea to federal regulators as they try to brace for fallout from the coronavirus pandemic. Dave Stevens, former FHA commissioner, joins the conversation.
Apr 6, 2020 via cnbc.com A broad coalition of mortgage and finance industry leaders sent a plea to federal regulators, asking for desperately needed cash to keep the mortgage system running. This, as requests from borrowers for the federal mortgage forbearance program are flooding in at an alarming rate.
Apr 6, 2020 via cnbc.com "Some people have lost their jobs, and it's our obligation to work with them," Related Companies CEO Jeff Blau told CNBC.
A weighted, repeat-sales index which measures average price changes on the same properties for single-family homes whose mortgages go through Fannie Mae or Freddie Mac.
Latest: 277.37 (August 2019), MoM change: +0.17%, YoY change: +4.61%
Source: Federal Housing Finance Agency
Median Sale Price Latest: $293,000 (February 2020), MoM change: +1.38%, YoY change: +6.55%
Source: Redfin.com
Median Price Per Square Foot Latest: $159 (February 2020), MoM change: +1.27%, YoY change: +6.00%
Source: Redfin.com
Latest: 98.10% (February 2020), MoM change: +0.38%, YoY change: +0.34%
Source: Redfin.com
Latest: 21.62% (February 2020), MoM change: +14.80%, YoY change: +12.00%
Source: Redfin.com
Price Drops Latest: 12.04% (February 2020), MoM change: -10.89%, YoY change: -3.33%
Source: Redfin.com
Only includes first-lien prime conventional conforming home purchase mortgages with a loan-to-value of 80 percent. For the past several decades, more than half of consumers choose 30-year, fixed-rate mortgages.
Rate Latest: 3.45% (March 2020), MoM change: -0.58%, YoY change: -19.20%
Points Latest: 0.70% (March 2020), MoM change: 0.00%, YoY change: +40.00%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS)
Active Listings Latest: 1,206,451 (February 2020), MoM change: -1.05%, YoY change: -15.50%
New Listings Latest: 567,244 (February 2020), MoM change: +9.42%, YoY change: +4.61%
Home Sales Latest: 400,898 (February 2020), MoM change: +7.10%, YoY change: +7.65%
Source: Redfin.com
Latest: 3.01 (February 2020), MoM change: -7.61%, YoY change: -21.50%
Source: Redfin.com
Median Days On Market Latest: 55 (February 2020), MoM change: -1.79%, YoY change: -6.78%
Source: Redfin.com
Only includes new, privately owned housing units in roughly 20,000 permit issuing places in the U.S. According to the Census Bureau, permit issuing places account for 98% of new construction. The data is not seasonally adjusted.
Latest: 100,200 (February 2020), MoM change: -11.17%, YoY change: +11.71%
Source: U.S. Census Bureau
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