Housing Wire

MARCH 13, 2024

A decline in interest rates buoyed mortgage demand for another week. Mortgage applications increased by 7.1% on a seasonally adjusted basis during the week ending March 8, according to the Mortgage Bankers Association ’s (MBA) weekly mortgage applications survey. It was the second increase in a row. “Mortgage rates dropped below 7% last week for most loan types because of incoming economic data showing a weaker service sector and a less robust job market, with an increase in the unemployment ra

Mortgages 454

Mortgages Loans Residential Marketing 454

Real Estate News

MARCH 13, 2024

A Coldwell Banker survey found a big increase in the number of sellers willing to move to another city or state as price considerations now outweigh location.

275

275

Housing Wire

MARCH 13, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate is a vibrant, dynamic and competitive industry. From the thrill of a sale to the pursuit of new leads, it keeps you on your toes. That said, it can also be incredibly isolating, and it can be hard to stay motivated.

Agents 441

Agents Branding Industrial As-is 441

Real Estate News

MARCH 13, 2024

Buyers can see heat, wind and air quality ratings in addition to the existing flood and wildfire ratings, which can “help reduce surprise costs.

263

263

Advertisement

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

Agents

Housing Wire

MARCH 13, 2024

Amid escalating climate concerns , Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. Realtor.com is leveraging data from First Street , a climate technology company, and will offer three new risk factor scores — heat, wind and air — to complement existing fire and flood assessments.

Technology 438

Technology Mortgages As-is Finance 438

Keeping Current Matters

MARCH 13, 2024

Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash.

Marketing 265

Marketing 265

Real Estate News

MARCH 13, 2024

In a new compensation report, eXp said it paid agents and brokers nearly $198 million in revenue share and $34.7 million in EXPI shares.

Agents 226

Agents 226

Housing Wire

MARCH 13, 2024

Boston-based U.S. District Court Judge Patti B. Saris will allow the Nosalek commission lawsuit plaintiffs and MLS Property Information Network (MLS PIN) defendants to file a response to the Department of Justice’s statement of interest. In late February, MLS PIN and the plaintiffs filed a joint motion asking Saris for permission to file separate responses to the DOJ’s mid-February filing.

MLS 435

MLS Agents Marketing 435

Inman

MARCH 13, 2024

The high-profile luxury agent has worked with Douglas Elliman since 2021 and served as a longtime agent with Rodeo Realty before that. He will now align with Compass’s Beverly Hills office.

Agents 169

Agents Brokerage 169

Housing Wire

MARCH 13, 2024

Good news: The national economy is growing, unemployment is low and corporate revenues are up. For housing and mortgage professionals, however, these apparent boons spell trouble. They signal that economy is still running hot — or at least more than lukewarm — and that inflation may still need more cold water from the Federal Reserve to slow down. The cold water comes in the form of the Fed continuing its presently high federal funds rate, which indirectly produces higher mortgage rates.

Mortgages 432

Mortgages Sales Marketing As-is 432

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Inman

MARCH 13, 2024

Brittany started out as an assistant at The Agency when it first opened its doors in 2011 and is now one of the firm's most rock-solid agents. She said her family's connections and her own work ethic have helped shape her career.

Agents 168

Agents As-is Brokerage 168

Housing Wire

MARCH 13, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads.

Agents 401

Agents Staging Commercial Technology 401

Inman

MARCH 13, 2024

New Inman contributor Anita Legacy Blue, president of the 2024 LGBTQ+ Real Estate Alliance, writes that despite a move away from corporate DEI, real estate can't afford to move backward.

As-is 161

As-is Equity Brokerage Agents 161

Housing Wire

MARCH 13, 2024

The presiding judge in the bankruptcy case involving Reverse Mortgage Investment Trust (RMIT) — the parent company of former leading reverse mortgage lender Reverse Mortgage Funding (RMF) — has approved a request to transfer the company’s bankruptcy status to Chapter 7 from its current Chapter 11 status. This is according to court documents reviewed by RMD.

Bankruptcy 400

Bankruptcy Banks Mortgages As-is 400

Advertisement

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

Sales

Inman

MARCH 13, 2024

Purchase loan applications surged for the second week in a row last week, but now rates are headed back up as worrisome inflation data casts doubts on timing of Fed rate cuts.

Mortgages 158

Mortgages Loans Sales Marketing 158

Housing Wire

MARCH 13, 2024

Guild Mortgage released its fourth-quarter and full year 2023 earnings report this week, showing that it narrowed its focus on purchase originations and increased its market share on the forward lending side, but it still sustained a loss. After its acquisition last year of Cherry Creek Mortgage , Guild increased its involvement in the reverse mortgage industry due to Cherry Creek’s well-developed reverse lending apparatus.

Mortgages 385

Mortgages Lending Equity Loans 385

Inman

MARCH 13, 2024

The climate’s toddler-like, harder-than-ever-to-predict behavior is having a measurable impact on the housing market, a reality that led to Realtor.com partnering with First Street, a non-profit organization that provides data and critical resources on climate change.

Marketing 154

Marketing Technology 154

RIS Media

MARCH 13, 2024

Late last year, Washington, D.C. Attorney General (AG) Brian L. Schwalb announced the filing of a lawsuit against Curbio, a national pre-sale home renovation platform, for allegedly taking part in a scheme targeting the elderly and financially disadvantaged. Curbio is a fix now, pay-at-closing home improvement solution for real estate professionals, operating in more than… The post Curbio Denies Lawsuit Claims That It Engaged in Schemes Targeting Elderly appeared first on RISMedia.

Renovation 120

Renovation Closing Sales MLS 120

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

MARCH 13, 2024

The sheriff has been ordered to arrest a landlord twice named worst in New York City and bring him to Rikers Island for up to 60 days over hundreds of building violations.

155

155

RIS Media

MARCH 13, 2024

Above, Eileen Doherty Eileen Doherty Sales Associate Lamacchia Realty, Inc. Woburn, Massachusetts [link] Region served: Middlesex County Years in real estate: 40 Favorite part of your job: Making the deal and seeing my seller happy. Motto/work philosophy that you live by: Treat others the way you want to be treated. What is the most significant… The post Staying Ahead of the Market appeared first on RISMedia.

Marketing 117

Marketing Sales Industrial 117

Inman

MARCH 13, 2024

A lack of focus, prioritization and patience can undermine your best ideas and keep them from coming to fruition, writes marketing expert Molly McKinley.

Marketing 160

Marketing Branding Brokerage Agents 160

Brownstoner

MARCH 13, 2024

Four historic properties in Brooklyn join more than a dozen receiving the 34th Annual Lucy G. Moses Preservation Awards from the New York Landmarks Conservancy next month. The awards honor outstanding adaptive reuse, preservation, or restoration projects for historic buildings of all kinds in New York City. One of… Read More > The post East New York Police Station Is Among Four Brooklyn Sites Winning Preservation Award appeared first on Brownstoner.

Renovation 117

Renovation 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

Inman

MARCH 13, 2024

The San Diego-based lender has completed five acquisitions in the past 18 months, unfazed by a 21 percent drop in mortgage originations and $39.1 million 2023 net loss.

Mortgages 144

Mortgages Industrial 144

RIS Media

MARCH 13, 2024

Following the usual pattern when mortgage rates decrease, mortgage applications increased this week, up 7.1% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending March 8, 2024. Of note this week was the continued percentage increase of refinance applications, up to 31.6%… The post Mortgage Applications Continue Climbing This Week appeared first on RISMedia.

Mortgages 115

Mortgages Industrial 115

Inman

MARCH 13, 2024

Real estate agents are optimistic their client pipelines will improve from last year's lows — but it may take longer than hoped, according to shifting sentiments in the latest Inman Intel Index.

Agents 132

Agents Brokerage 132

Brownstoner

MARCH 13, 2024

By Oscar Fock, Brooklyn Paper In 40 degree weather and drizzling rain, a crowd gathered in Crown Heights on Saturday, March 9, in support of the tenants of 285 Eastern Parkway, who are currently facing the risk of eviction. But the rally was about more than one case. Donning raincoats and umbrellas,… Read More > The post Crown Heights Tenants Protest Eviction and Deregulation of Rent-Stabilized Housing appeared first on Brownstoner.

Marketing 114

Marketing 114

Advertisement

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

Agents

Inman

MARCH 13, 2024

Members of multiple listing service Midwest Real Estate Data (MRED) will have enhanced, collaborative functionality with clients and listings in the mobile environment because of a partnership with business app Zenlist.

MLS 122

MLS Technology 122

Calculated Risk Real Estate

MARCH 13, 2024

This 2-part overview for mid-March provides a snapshot of the current housing market. I always like to start with inventory , since inventory usually tells the tale! And currently inventory is increasing year-over-year but is still well below pre-pandemic levels. New Listings for Existing Homes Up Year-over-year in February Here is a graph of new listing from Realtor.com’s February 2024 Monthly Housing Market Trends Report showing new listings were up 11.3% year-over-year in February.

Marketing 113

Marketing Mortgages Closing As-is 113

Inman

MARCH 13, 2024

A fiscal watchdog also released a report warning that Chicago leaders may not have studied the issue thoroughly before putting it on the March 19 ballot.

MLS 127

MLS Marketing 127

Bigger Pockets

MARCH 13, 2024

U.S. News released its annual list of the hottest real estate markets for the year. Here's a look at what's included and our take on the rankings.

Marketing 121

Marketing 121

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