Housing Wire

APRIL 12, 2024

Job recruiters in the South are facing hurdles to attract skilled professionals from the Midwest despite offering competitive compensation packages, according to a Bloomberg report published Friday. That’s because many of these potential hires are locked into super-low 30-year mortgages. During the fourth quarter of 2023, the proportion of job seekers in the U.S. who relocated for employment dwindled to a mere 1.5%.

Mortgages 413

Mortgages Finance 413

Real Estate News

APRIL 12, 2024

The ruling leaves open the possibility of consolidation after settlements have concluded. But in the meantime, cases that had been on pause can move forward.

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Housing Wire

APRIL 12, 2024

The ongoing lack of housing affordability is prompting more renters to doubt their ability to become homeowners. According to a recent Redfin survey , nearly 40% of U.S. renters don’t believe in their ability to ever own a home, up from roughly 27% less than a year ago. While lack of affordability is the dominant reason for renters to believe they’re unlikely to become homeowners, nearly half of renters feel that available homes are too expensive.

Pre-approval 413

Pre-approval Equity Mortgages Sales 413

Real Estate News

APRIL 12, 2024

Top Agent Network is asking for an October 2025 trial date in the dispute over the National Association of Realtors’ Clear Cooperation policy.

Agents 250

Agents 250

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Agents

Housing Wire

APRIL 12, 2024

Wells Fargo and JPMorgan Chase usually open the quarterly earnings seasons in the mortgage space, giving analysts something to chew on before nonbanks release their financial reports. In the first quarter of 2024, the big banks showed a challenging reality for originations. The banks’ Q1 2024 earnings, released on Friday, showed declining home loan volumes compared to the prior quarter — and executives believe that the macroeconomic landscape will remain tough in the months to come.

Mortgages 408

Mortgages Banks Fixed-rate mortgage Lending 408

Real Estate News

APRIL 12, 2024

Attorneys argued that the home sellers “should not have to wait indefinitely to defend their verdict on appeal” and provided details about the case’s timeline.

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Real Estate News

APRIL 12, 2024

Stellar MLS expands voice search capabilities; NorthstarMLS launches RESO web API; T3 Sixty announces Tech Summit plans.

MLS 230

MLS 230

Housing Wire

APRIL 12, 2024

As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on deriving the benefits while avoiding potentially catastrophic risks.” That’s one of the key conclusions reached by the BlackFin Group in a recently published white paper, “Artificial Intelligence (AI) in Mortgage Banking.

Industrial 374

Industrial Technology Banks Mortgages 374

Inman

APRIL 12, 2024

Real estate professionals have been seeking answers since Wednesday, when many lost access to their personal websites, lead services and other tools provided by Boomtown, agents told Inman.

Agents 177

Agents Brokerage Technology 177

Housing Wire

APRIL 12, 2024

Stellar MLS , the third-largest MLS in the country, has expanded its partnership with artificial intelligence company Lundy Inc. , Stellar announced on Thursday. Powered by Amazon’s Alexa products, Lundy offers a voice-activated property search engine, allowing real estate professionals and homebuyers to navigate home listings using their voice. Lundy’s “Finding Homes” feature will be accessible to all Stellar MLS customers, including those in Florida and Puerto Rico, where Stellar serves as the

MLS 372

MLS Agents As-is Technology 372

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Loans

Inman

APRIL 12, 2024

Tune in for an engaging discussion surrounding the latest trends, predictions and insider knowledge on the 2024 housing market to help you make informed decisions with confidence.

Marketing 171

Marketing Agents 171

Housing Wire

APRIL 12, 2024

The Multidistrict Litigation panel has denied a motion for nine of the commission lawsuits to consolidate. In a decision filed on Friday, Judge Karen Caldwell, who is the chair of the MDL panel, wrote that after hearing arguments from all parties involved, the panel concluded that “centralization is not necessary at this time for the convenience of the parties and witnesses or to further the just and efficient conduct of the litigation.

Industrial 363

Industrial Agents As-is Finance 363

Inman

APRIL 12, 2024

A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request.

Brokerage 177

Brokerage Agents 177

RIS Media

APRIL 12, 2024

Citing the recent National Association of REALTORS® (NAR) settlement agreement, a panel of judges today denied an attempt by plaintiffs in commission-focused class action lawsuits to consolidate all the copycat cases under one judge, saying that the “procedural posture of the litigation” makes that effort inappropriate. “After settlement proceedings conclude, and it becomes evident how… The post Judges Deny Lawsuit Consolidation Effort, Leaving Commission Cases Scattered appeared first on

Industrial 126

Industrial Agents 126

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Sales

Inman

APRIL 12, 2024

Thirty-eight percent of renters don't believe they will ever own a home — up from 27 percent less than a year ago, according to Redfin.

Mortgages 177

Mortgages Marketing 177

RIS Media

APRIL 12, 2024

More national real estate franchises are beginning to take marketing measures into their own hands rather than using agencies for hire on a contract basis, RISMedia’s 2024 Agent & Broker Marketing Study found. Drilling down further, the study also found that the average size of an in-house marketing team nearly doubled between 2022 and 2023… The post Exploring the Shift Toward In-House Marketing Teams appeared first on RISMedia.

Marketing 120

Marketing Agents Branding Industrial 120

Inman

APRIL 12, 2024

The estate is being listed by Branden and Rayni Williams of The Beverly Hills Estates for $55 million as it simultaneously prepares to head to a no-reserve auction with Concierge Auctions from May 9 through May 23.

As-is 148

As-is 148

RIS Media

APRIL 12, 2024

Home prices have been the bane of the real estate news cycle for a while now, bringing a damper on the home-buying market. However, recent data shows that home prices really might not have kept buyers out as much as was thought. A new report from LendingTree found that from 2012 to 2022 homeownership rates… The post Homeownership Rates Have Increased, Despite Prices appeared first on RISMedia.

Marketing 118

Marketing Industrial 118

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

Inman

APRIL 12, 2024

Most new franchisees signing up for Motto's "mortgage brokerage-in-a-box" solution are real estate brokerages and teams that aren't affiliated with RE/MAX.

Mortgages 158

Mortgages Brokerage 158

Bigger Pockets

APRIL 12, 2024

With home prices and interest rates still at record highs and inventory squeezed, homebuyers and real estate investors may be better off purchasing a fixer-upper in some cities.

Investor 117

Investor Marketing 117

Inman

APRIL 12, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 146

Brokerage Agents 146

RIS Media

APRIL 12, 2024

A lawsuit filed by a pocket listing startup targeting the National Association of REALTORS®’ (NAR) Clear Cooperation policy appears to be moving forward after other major developments shifted the legal landscape, with plaintiffs saying in a recent court filing that NAR’s commission lawsuit settlement and a recent appeals court ruling involving the Department of Justice… The post Revived Pocket Listing Lawsuit Cites DOJ Ruling, NAR Settlement appeared first on RISMedia.

Development 117

Development Industrial Agents 117

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

Seattle Times Real Estate

APRIL 12, 2024

A series of calamities, policy blunders and generational changes have made homeownership difficult for many in Seattle and across the nation, Jon Talton writes.

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Bigger Pockets

APRIL 12, 2024

How did this syndicator, with all of its promise and potential, fall from grace after several investors claimed they were burned? BiggerPockets set out to find out what went wrong, how it went wrong, and what it means to other investors.

Investor 117

Investor 117

Marco Santarelli

APRIL 12, 2024

The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years , potential homebuyers and current homeowners are keenly interested in how these rates might fluctuate, impacting affordability and the housing market at large. Current Trends and Forecasts for Next 5 Years Recent analyses and expert forecasts suggest a period of fluctuation in mortgage rates in the United States.

Mortgages 116

Mortgages Fixed-rate mortgage Loans Closing costs 116

Brownstoner

APRIL 12, 2024

Neighbors are incensed a shelter for 400 migrant men quietly opened in an old factory at 130 3rd Street -- just down the street from Whole Foods -- in Gowanus on Saturday without promised safety measures. Stated concerns include a lack of testing for potential toxic contamination and a "high density… Read More > The post Block Association ‘Deeply Disappointed’ Gowanus Migrant Shelter Has Opened appeared first on Brownstoner.

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Agents

RIS Media

APRIL 12, 2024

While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The dip, however, is not any cause for concern, according to experts. Consumer sentiment fell 1.9% in April, following a 0.5% decrease in March. These drops come after a strong start to 2024, with a 0.8%… The post Consumer Sentiment Continues to Fall in April appeared first on RISMedia.

Industrial 114

Industrial Marketing 114

Coldwell Banker

APRIL 12, 2024

Coldwell Banker Real Estate Continues to Expand Horizons Globally and Maintains Strong Partnerships Domestically The post Coldwell Banker Brand Announces Q1 Achievements appeared first on Coldwell Banker Blue Matter.

Branding 113

Branding 113

RIS Media

APRIL 12, 2024

Stellar MLS has announced it is now offering an enhanced version of Lundy Inc.’s “Finding Homes” search by voice technology to customers and consumers seeking homes in the MLS’s coverage area. Finding Homes is a voice-activated property search engine designed to assist real estate professionals and homebuyers in navigating real estate listings using their voice… The post Stellar MLS Offers Enhanced Version of ‘Finding Homes’ appeared first on RISMedia.

MLS 112

MLS Technology Design Industrial 112

Realtors Property Resource

APRIL 12, 2024

Harness the power of RPR to deliver exceptional results for your clients. And use it to become their trusted, data-backed advisor. The post 9 Data-Driven Strategies to Elevate Your Value Proposition appeared first on Realtors Property Resource (RPR).

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Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales