Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

Real Estate

Knock Home Swap solution enters the Florida market

Home Swap is available in central Florida

Knock Home Swap has expanded into Orlando, Florida and Tampa, Florida, its first markets in the Sunshine State.

Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents. In these markets Home Swap will be offered through Keller Williams Realty of Central Florida, Keller Williams LeHeup Group and Keller Williams Suburban Tampa – The Chadwick Group.

“Our mission from day one has been to bring convenience and transparency to the process of buying and selling homes,” Knock Co-Founder and CEO Sean Black said in a statement. “Since launching the Home Swap in July, we’ve found that the Home Swap solves for more than convenience and transparency. It gives homeowners the leverage they need to compete in today’s market and the peace of mind of knowing that they don’t have to be there when strangers are repairing and touring their home. Our agents are telling us that if it weren’t for the Home Swap, many of their clients would not consider making a move.”

Via Home Swap, customers can take ownership of their new home while prepping and repairing their old house to sell. Knock provides consumers with a mortgage on the new home, an interest-free bridge loan to cover the down payment, coverage of mortgage payments on the old house, and up to $25,000 for home prep and repairs for the old house.

In September, Knock Home Swap expanded into Houston, and is also available in Atlanta; Austin, Texas; Dallas/Fort Worth; Denver; Phoenix; and San Antonio.


LOs are only human — Tech is necessary to keep up with max loan volumes

Explore three steps that enable technology to work more efficiently, which helps drive profitability.

Presented by: Total Expert

Knock Home Swap is offered by more than 30 brokerage firms and more than 24,000 agents, the company said. Home Swap will be available in at least 11 markets by the end of this year, and 21 markets by the end of 2021.

“The current housing market can make it difficult for sellers looking to list their current home, while simultaneously purchasing their next home,” Kevin Chadwick, Broker/Owner of Keller Williams Realty Suburban Tampa – The Chadwick Group said. “Knock’s Home Swap takes an enormous weight off the shoulders of the consumers who find themselves in this situation. We are so excited for this partnership, and our agents look forward to being able to offer this program to their consumers in the Tampa area.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular Articles

Better.com lays off LOs, secures $750M cash injection

Digital mortgage lender Better.com is laying off 9% of its workforce ahead of a $750 million cash injection from financial backer SoftBank Group.

Dec 01, 2021 By

Latest Articles

Who’s afraid of the PSPA?

Stakeholders are divided over whether, in light of proposed changes to its capital rule, the FHFA should retool its agreement with the U.S. Treasury and remove policies some say never belonged there in the first place.

Dec 06, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please