HousingWire Daily

Today’s HousingWire Daily features a rerun episode Realtor.com’s Senior Economist George Ratiu. In this interview, Ratiu discusses how student loan debt is impacting the nation’s financially strained borrowers.

Today’s HousingWire Daily features an exclusive rerun interview with Redfin’s Daryl Fairweather. In this episode, Fairweather explains why she believes the U.S. housing market is likely to withstand a wave of foreclosures once mortgage forbearance comes to an end.

Today’s HousingWire Daily features a rerun Housing News Podcast interview that features Frank Nothaft, the chief economist at CoreLogic.  In this interview, Nothaft discusses how the COVID-19 pandemic has impacted the housing market’s vitality as well as the economy. Notably, Nothaft also offers his housing market predictions for 2021. As we wrap the year, we are rerunning our favorite episodes from 2020.

Today’s HousingWire Daily features a crossover episode from HousingWire’s Girlfunds. In this episode, Portside Real Estate Group Founder and HousingWire 2020 Woman of Influence, Dava Davin discusses everything from her best financial tip to her No. 1 piece of advice to people starting the home-buying process.Here is a small preview of today’s interview with Dava Davin. The transcript below has been lightly edited for length and clarity:Brena Nath: We are obviously passionate about home buying and purchasing tips and insight. As someone who is regularly helping people achieve their dream of homeownership, I have a basic entry-level question, how do you recommend people start the home buying process and where do you think they often go wrong when it comes to buying a home? Dava Davin: Going back to our first question about youth, I think the younger, the better when thinking about homeownership. It’s important to start having good behaviors when you are young. Simple things like paying your bills on time, budgeting, saving for that down-payment and speaking with a trusted loan officer can help folks start the homebuying process a year or two in advance. They're not bothering anyone; a loan officer will be happy to have their business and help set them up. I think the typical scenario for homeownership is that you are in a long-term relationship, and then maybe you want to solidify that relationship or have a family. So, you buy a house but it doesn't have to be in that order. I think that sort of thinking is where people go wrong. They think, ‘oh, this is how I'm supposed to do it, I'm supposed to graduate from college, get the job and do it in this way.' You don't necessarily have to. HousingWire Daily examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.

In today’s episode, Digital Producer Alcynna Lloyd joins HousingWire Editor in Chief Sarah Wheeler to discuss the hottest topics coming across HousingWire’s news desk. During the episode, Lloyd and Wheeler review the recent news  that President Donald Trump signed the second COVID-19 stimulus bill and how it could impact homeowners. The pair also highlight what some economists say we should expect for the housing market in 2021 and discuss the housing inventory shortage and whether it will impact potential homebuyers.For more background on what is discussed, here is a preview of today’s interview, lightly edited for length:HousingWire: Sarah, what stories really caught your eyes last week?Sarah Wheeler:  The stimulus bill was really the talk of all last week and then, of course, this weekend, with Trump finally signing the $900 billion stimulus bill. We were focused on both the bill and the implications for our industry as we knew it had quite a bit of an impact for renters and homeowners. Notably, we learned that many people who may have been in a good financial position prior to the pandemic could have saved the money they got from the last stimulus bill, which is really interesting. They didn’t travel, and they weren’t able to do many things they normally do, so they might be saving the funds. Currently, we’re looking at the $600 one-time stimulus checks and the unemployment benefits that are going through. That being said, the House is also voting today on increasing those checks to $2,000. However, it’s unclear if the Republican-led Senate will even vote on the amount or if it will pass. The HousingWire Daily examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.HousingWire articles covered in this episode: Trump signs stimulus bill: Here’s what you need to know The good, the bad, and the likely for housing in 2021 FHFA extends multifamily forbearance through March 31

Today’s HousingWire Daily features a rerun episode with HW Media Founder and CEO Clayton Collins and Lead Analyst Logan Mohtashami.  In this interview, which was conducted at HousingWire’s Annual Conference, Mohtashami delves into the chaos theory applied to housing in 2020.

Today’s HousingWire Daily features a rerun episode of an exclusive interview with Mike Fratantoni, the Mortgage Bankers Association’s chief economist. In this episode, Mike discusses the MBAs Mortgage Forecast, which includes revised estimates for the third and fourth quarter of 2020, as well as predictions for next year’s purchase market.

Today’s HousingWire Daily features a rerun Monday Morning Cup of Coffee interview with HW+ Managing Editor Brena Nath and Magazine Editor Kelsey Ramirez. In this interview, Nath and Ramirez review the HousingWire December/January Magazine issue, which is a part of HW+ Premium Content, and also highlights what the HousingWire editorial team believes could happen for each sector of the housing industry in next year’s market. 

Today’s HousingWire Daily features a crossover episode from HousingWire’s Girlfunds. In this episode, LA-based Real Estate Agent Xio Sandoval discusses how she is helping her clients lock in a home in today’s competitive market, along with some creative financial ways she has helped people buy a home, such as renting out the basement.Here is a small preview of today’s interview with Sandoval. The transcript below has been lightly edited for length and clarity:Sarah Wheeler: You know, we did want to ask you one question about market competition. Currently, Brena Nath is in  the process of buying a house and I just bought a second house. I know you value creating long term relationships with clients, but in today's fast paced market, how are you helping them lock in their dream home?Xio Sandoval: I have a couple of buyers right now that are just being rejected and we're submitting very aggressive offers. So, I just make sure they understand and remind them they have to be patient. I'm here for them. I don't care if I show them two houses, 20 houses or 30 houses, we're going to get in and I'm not giving up on them. Right now, a house I’m working on is paying two and a half commission to the MLS agent. I'm giving up 0.5% or 0.75% back to the seller as a credit, so they can consider my buyers offer because I rather work in volume than make money in one deal.  This means that buyer is going to stay with me. In fact, right now I'm selling houses to the children of former clients from 10-15 years ago, which is unreal. The market is crazy but that will eventually slow and that’s why maintaining your relationships is important. If the agents know that you are like minded, they will eventually want to work with you.HousingWire Daily examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.

In today's HousingWire Daily episode HW+ Managing Editor Brena Nath joins HousingWire Editor in Chief Sarah Wheeler to discuss the biggest topics coming across the HousingWire news desk. Nath and Wheeler review the recent announcement of approval for another round of stimulus checks and examine how this could impact the housing market. The pair also discuss why three brokers are gearing up for a potential battle in court with United Wholesale Mortgage and highlight what economists say is ahead in 2021.For more background on what is discussed, here is a preview of today's interview. The transcript below has been lightly edited for length:HousingWire: What is something that we should all be watching right now regarding the news?Sarah Wheeler: I think the biggest news over the weekend was the stimulus bill going through. There was a lot of hand-wringing over the last month as many wondered the eventual shape of the bill. However, they did get it done, and we now have a stimulus bill. I think many people have focused on the $600 coming through to American households, which is certainly a big part of it, and that's just a stimulus check. But for our audience, we really want to examine the impact on homeowners or renters looking to become homeowners, which is what we're doing a deep dive on today. Jonathan Reckford, CEO of Habitat for Humanity, wrote an op-ed piece for HousingWire last week discussing what he hoped the stimulus bill would include. One of the interesting things in his take on that was that he felt like there should be money for low-income homeowners. There have been quite a few things for unemployed renters but not so much for homeowners based on how much money they make, yet that could greatly impact our industry. I don't see that in this particular stimulus bill, but we haven't dug into it all the way yet.The HousingWire Daily examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.HousingWire articles covered in this episode: How the latest stimulus impacts renters and homeowners Three brokers go to war with United Wholesale Mortgage The next coronavirus front: evictions and foreclosures The pandemic's impact on housing market in 2021