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Canadian Mortgage Trends

How falling home prices are leading to growing appraisal gaps - Mortgage Rates & Mortgage Broker News in Canada

How falling home prices are leading to growing appraisal gaps - Mortgage Rates & Mortgage Broker News in Canada

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How falling home prices are leading to growing appraisal gaps - Mortgage Rates & Mortgage Broker News in Canada
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How falling home prices are leading to growing appraisal gaps - Mortgage Rates & Mortgage Broker New...
How falling home prices are leading to growing appraisal gaps - Mortgage Rates & Mortgage Broker New...
How falling home prices are leading to growing appraisal gaps - Mortgage Rates & Mortgage Broker New...
How falling home prices are leading to growing appraisal gaps - Mortgage Rates & Mortgage Broker New...
Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
With national home prices on the decline, some homebuyers are seeing appraisals come in lower than their purchase price, and that’s leaving many scrambling to come up with ways to close the gap. Jim Tourloukis, president of Verico Advent Mortgage Services, knows at least one of them. A client came to him after buying a home through another broker in February for $1.02 million. The original broker didn’t do the appraisal quickly, and the close is set for mid-July. Their recent appraisal came ...
With national home prices on the decline, some homebuyers are seeing appraisals come in lower than their purchase price, and that’s leaving many scrambling to come up with ways to close the gap. Jim Tourloukis, president of Verico Advent Mortgage Services, knows at least one of them. A client came to him after buying a home through another broker in February for $1.02 million. The original broker didn’t do the appraisal quickly, and the close is set for mid-July. Their recent appraisal came ...
Home prices are FALLING FAST
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housingbubble.blog housingbubble.blog | 1 year ago
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Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
With home values on the decline and economic conditions changing, there has been heightened interest in how Canada’s alternative lenders are adapting. Last month, Magenta Capital Corp. announced it would temporarily stop taking new loan applications until September. And last week, the Globe and Mail reported that Fisgard Asset Management Corp. was no longer offering new construction financing in select provinces. Both are Mortgage Investment Corporations (MICs), which fall in the alternative l...
With home values on the decline and economic conditions changing, there has been heightened interest in how Canada’s alternative lenders are adapting. Last month, Magenta Capital Corp. announced it would temporarily stop taking new loan applications until September. And last week, the Globe and Mail reported that Fisgard Asset Management Corp. was no longer offering new construction financing in select provinces. Both are Mortgage Investment Corporations (MICs), which fall in the alternative l...
Why some Texas home prices are falling
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bizjournals bizjournals | 1 year ago
For the first time this year in DFW, home prices stayed steady from one month to another, holding at $430,000 from May to June.
For the first time this year in DFW, home prices stayed steady from one month to another, holding at $430,000 from May to June.
U.S. Cities Where Home Prices Are Falling Fast
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forbes forbes | 1 year ago
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NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back
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seattlebubble seattlebubble | 5 years ago
January market stats were published by the NWMLS yesterday. The King County median price of single-family homes fell year-over-year for the first time since March of 2012. Inventory is way up from a year ago, but pending sales started increasing year-over-year, so buyers may be coming back. The post NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back appeared first on Seattle Bubble.
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House Money: Where home prices are falling; million-dollar homes shrink
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bizjournals bizjournals | 1 year ago
House Money is Nashville Business Journal's examination of real estate stories and trends around the country, putting Middle Tennessee's explosive growth in the context of the national market.
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Home Prices Have Begun Falling: Here Are the Cities Where They’re Down the Most
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www.realtor.com www.realtor.com | 1 year ago
What goes up must come down. The real estate price hikes have seemed unstoppable—until now. This is where home prices are falling the most. The post Home Prices Have Begun Falling: Here Are the Cities Where They’re Down the Most appeared first on Real Estate News & Insights | realtor.com®.
What goes up must come down. The real estate price hikes have seemed unstoppable—until now. This is where home prices are falling the most. The post Home Prices Have Begun Falling: Here Are the Cities Where They’re Down the Most appeared first on Real Estate News & Insights | realtor.com®.
China's falling marriage rates are leading to a structural decline in housing demand, says economist
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Julian Evans-Pritchard of Capital Economics says the problems in the country's property sector are not just cyclical in nature and its "structural drags" will continue for many years.
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Are home prices declining? What are appraisers saying? - Sacramento Appraisal Blog | Real Estate App...
Are home prices declining? What are appraisers saying? - Sacramento Appraisal Blog | Real Estate App...
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Are home prices declining? What are appraisers saying? - Sacramento Appraisal Blog | Real Estate App...
sacramentoappraisalblog sacramentoappraisalb... | 1 year ago
Home prices are the holy grail in real estate, and it almost seems sinful or off-limits to say they’re going down. But let’s be real. That’s what is happening right now locally and in some other portions of the country. Let’s talk about what this means as well as what’s going on in appraisal reports. UPCOMING (PUBLIC) SPEAKING GIGS: 11/15/22 Sacramento Bee Q&A at 12pm (RSVP here) 11/17/22 DEI & Fair Housing Lunch & Learn (details TBD) 1/18/23 WCR Market Update in Cameron Park (details...
Home prices are the holy grail in real estate, and it almost seems sinful or off-limits to say they’re going down. But let’s be real. That’s what is happening right now locally and in some other portions of the country. Let’s talk about what this means as well as what’s going on in appraisal reports. UPCOMING (PUBLIC) SPEAKING GIGS: 11/15/22 Sacramento Bee Q&A at 12pm (RSVP here) 11/17/22 DEI & Fair Housing Lunch & Learn (details TBD) 1/18/23 WCR Market Update in Cameron Park (details...