In the ever-evolving landscape of Jacksonville's real estate market, one individual has emerged as a true master of the craft: Erin E King MBA. With a unique blend of expertise, innovation, and passion, Erin is redefining the city's real estate narrative one successful transaction at a time.
Armed with an MBA and a deep understanding of the intricacies of the market, Erin approaches each client interaction with a commitment to excellence that is second to none. His dedication to mastering the market sets him apart as a trusted advisor and invaluable resource for buyers, sellers, and investors alike.
What distinguishes Erin from his peers is his ability to anticipate market trends and adapt his strategies accordingly. Whether it's leveraging cutting-edge technology to showcase properties or analyzing data to identify lucrative investment opportunities, Erin stays ahead of the curve, ensuring his clients achieve their goals in an ever-changing market landscape.
But COMPASS REAL ESTATE, ERIN E KING MBA, REALTOR®️ success isn't just a result of his market expertise; it's also a testament to his unwavering commitment to his clients' success. He understands that buying or selling a home is a deeply personal experience, and he approaches each transaction with empathy, integrity, and a genuine desire to exceed expectations.
From the moment clients enlist Erin's services, they are met with a level of professionalism and attention to detail that is unparalleled in the industry. Whether it's conducting comprehensive market analysis, providing expert guidance on pricing strategies, or negotiating the best possible terms, Erin ensures that his clients are equipped with the knowledge and support they need to make informed decisions every step of the way.
Beyond his professional accomplishments, Erin is also deeply committed to giving back to the community that has supported him throughout his career. He understands the importance of investing in Jacksonville's future, and he actively seeks out opportunities to contribute to local causes and organizations that make a positive impact on the city and its residents.
As Erin continues to redefine Jacksonville's real estate narrative, his dedication to excellence remains unwavering. With each successful transaction, he solidifies his reputation as a master of the market and a trusted partner for those navigating the complexities of buying, selling, or investing in real estate.
In a city where the real estate landscape is constantly evolving, Erin E King MBA stands out as a beacon of integrity, professionalism, and unparalleled expertise. Whether you're a first-time homebuyer, a seasoned investor, or anything in between, Erin is the ally you need to master the market and achieve your real estate goals with confidence and peace of mind.
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Many Americans took out mortgages in 2020 and most of them didn’t come from banks.According to industry research firm Inside Mortgage Finance, 68.1% of all mortgages originated in 2020 were issued by nonbank mortgage lenders in the U.S.
Which is their highest market share on record and their biggest yearly gain since 2014.For the past decade, nonbank mortgage lenders have been doing amazing business than the banks.Since 2016 these lenders, which don’t take deposits or offer other banking services, have made up more than half of the market.According to the research firm, at the end of 2020, non-banks were 7 of the 10 biggest U.S. mortgage lenders.Since the average rate on the 30-year mortgage fell below 3% for the first time it boosted home sales and spurred a refinancing boom.According to the Mortgage Bankers Association lenders of all stripes originated a record $3.83 trillion in home loans in 2020.But banks did do that great.
Still recovering from massive losses during the 2008–09 financial crisis in the mortgage industry, they only accepted the safest borrowers and withdrew from the jumbo loans that had fueled their mortgage businesses.Meanwhile, their balance sheets got strained due to the rise in loan demand from corporate borrowers.According to Inside Mortgage Finance, nonbanks took the opportunity with borrowers looking to refinance.The nation’s largest mortgage lender’s loan volume went up by more than double in 2020.According to Piper Sandler Cos. in the second quarter of 2020, the median gain-on-sale margin, which is a measure of how much lenders earn when they sell loans, rose to 3.05%.Yet in the coming months lenders are preparing for mortgage demand to cool because of rising interest rates refinancing has become less attractive for a large number of borrowers.According to the Mortgage Bankers Association in 2021, the mortgage originations are expected to fall more than 9% to $3.47 trillion.Reference Source: WSJhttps://www.compareclosing.com/mortgagenews/in-2020-more-than-two-thirdof-mortgages-were-issued-by-non-bank-lender/
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