What's New This Month

As we anticipate the arrival of spring, we also celebrate Women's History Month, a time dedicated to honoring women's remarkable contributions. Aligned with Governor Jim Justice's declaration, we applaud the resilience and achievements of women statewide and beyond. Join us in acknowledging their profound impact, including our admired lending, banking, attorney and real estate women. 


West Virginia Bankers Title wishes everyone a successful and empowering month ahead!


Rachel Showalter, Agency Operations Manager of West Virginia Bankers Title

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From Barrier Breakers to Industry Leaders: A Tribute to Women in Real Estate

Celebrate Women’s History Month with a deep dive into the evolution of women in real estate. Discover how, until the 1970s, women couldn't secure mortgages without male cosigners. Today, 62% of Realtors are women, highlighting the progress made. Explore their journey of overcoming barriers, meet iconic pioneers and be inspired by modern leaders shaping the industry. Join us in honoring their resilience and contributions.

Surge in Mortgage Applications Sparks Optimism for Spring Homebuying Season

Ready for some good news? Mortgage applications surged by 9.7% last week, marking a promising uptick in housing activity. With rates inching down slightly, especially for FHA loans, first-time homebuyers are seizing the opportunity. Plus, new listings are on the rise, hinting at a healthy spring buying season ahead. Read the full report for more insights on the latest trends shaping the housing market.

Governor Justice Proposes $50 Million for Affordable Housing in West Virginia

Governor Jim Justice is making moves to tackle West Virginia's housing crunch with a bold proposal to allocate $50 million from surplus funds. "West Virginia is booming, and with new companies and a thriving tourism industry, we need homes for our growing workforce," Gov Justice said. The plan? To build more single and multi-family units. It's a step towards ensuring West Virginia remains an attractive place to live, work and raise a family.

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Innovation

Are you looking to stay on top of the latest home trends? Check out the rise of "appliance garages" and mud-laundry rooms. These clever solutions help homeowners discreetly hide clutter while staying stylish. From concealing countertop gadgets to organizing muddy sports gear, these trends are shaping up to be game-changers in 2024. Stay ahead of the curve and explore innovative ways to maximize space and minimize mess!

5 ChatGPT Prompts To Meet New People With Confidence
Leverage Tech Installation Experts in the Homebuilding Process
Digital Closings Transform the Borrower Experience

Mortgage Trends

Curious about the impact of declining mortgage rates on the real estate landscape and what buyers can expect? Brace for heightened competition and potential price hikes as rates fall, driving more buyers into the market. Stay ahead with pre-approval and vigilant listing monitoring to navigate this evolving terrain. Whether you're a lender, banker, lawyer, or agent, understanding these market shifts is crucial for staying on top of your game. 

This is the Magic Mortgage Rate to Rev the Housing Market Back Up
Finding Hope Amid Rising Mortgage Rates: Insights for Homebuyers
Buyers Willing to Purchase Tiny Homes, Fixer-Uppers to Attain Homeownership

Professional Development

Discover 40 actionable tips to enhance your happiness at work, from finding meaning in your tasks to maintaining a healthy work-life balance. Whether celebrating accomplishments or organizing group events, fostering a positive mindset can elevate productivity and job satisfaction. Explore strategies like taking breaks, expressing gratitude and investing in relationships to cultivate a fulfilling work experience.

5 Ways Video Can Make Your Content Marketing More Effective
Emerging Social Media Trends in 2024
5 Essential Learning and Development Topics for Financial Services Firms

Market Highlights

As mortgage rates climb and housing inventory expands slightly, signs of a thaw in the real estate market emerge. January saw a 3.1% increase in existing home sales and a 2% uptick in unsold inventory. Experts foresee a 'new normal,' with buyers having more options but without the frenzy of previous years. Despite higher rates, lifestyle changes and shifting mindsets are driving both buyers and sellers into action, promising a more balanced market ahead.

Survey Reveals Persistent Desire for Homeownership
How the 2024 Election Could Impact the Market
Stuck at Home: The Growing Trend of Young Adults Living with Parents

Nominate Your 2024 Wonder Woman: Celebrating WV's Inspirational Leaders

WV Living magazine has spotlighted Wonder Women from the Mountain State for ten years. These remarkable women elevate their communities, champion positive change and embody the essence of West Virginia. Nominate a deserving woman for 2024 and celebrate those making a difference in uncertain times. With their can-do attitudes, these women prove that love and determination are our greatest assets. Let’s honor their achievements!

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