The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

A real estate professor weighs in on the future of MLSs

According to research done by Sonia Gilbukh, a real estate professor at Baruch College, there are some reasons to be concerned about the current number of real estate agents and the future of MLSs.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

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What’s the best day to list a house for sale?

Realtors may need to rethink their practice

Selling a home is part art and part science, and any information that gives sellers and their Realtors a leg up is welcome news. Terrace 24 just revealed new data that shows that the best day to list a home is actually Thursday — not Friday, which is most Realtors’ choice.

“Currently, more agents are listing homes on Friday than any other day of the week, but homes listed on Thursday sell faster and for higher prices,” said Mike Minihan, managing broker of Terrace 24.

The company’s data came from sales research in six Atlanta metro counties from Sept. 2014 through Sept. 2015.

From the firm’s analysis:

  • Of the homes that sold without a price reduction, the homes that listed on Thursday sold for the fewest days on market at a median of 19 days. Homes listed on Sunday were on the market the longest.
  • Again, of the homes that sold without a price reduction, the median percentage of the list price that the Thursday sellers got was 97.78%. That is higher than any other day of the week.
  • Homes listed on Thursday were more likely to receive an offer of more than 100%, suggesting there was a bidding war.

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Existing home sales pop the 2021 housing bubble boys

So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Even with the unhealthy home price gains that we have seen in the last two years, more Americans have bought homes with mortgages in 2020 and 2021 than any single year from 2008-2019, and this looks perfectly normal with our current demographics. HW+ Premium Content

Sep 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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