What’s Really Happening with Mortgage Rates?
Keeping Current Matters
FEBRUARY 12, 2024
Are you feeling a bit unsure about what’s really happening with mortgage rates?
Keeping Current Matters
FEBRUARY 12, 2024
Are you feeling a bit unsure about what’s really happening with mortgage rates?
Housing Wire
FEBRUARY 12, 2024
The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell. Loan volume between the third and fourth quarters declined by 21%, but that was far less than the 37% drop from Q3 2022 to Q4 2022, the report showed.
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Real Estate News
FEBRUARY 12, 2024
Adding property management, title or other services can help a brokerage during any market by increasing revenue streams and improving customer service.
Housing Wire
FEBRUARY 12, 2024
When are interest rates going to come down? Where should mortgage rates be before I buy or refinance my home? How much home can I afford today? These are just a few of the questions independent mortgage brokers get asked on a daily basis. The reality is, borrowers are rate sensitive because it’s what they’re exposed to. Mainstream media often emphasize fluctuations in rates , which causes uncertainty and apprehension among borrowers.
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Real Estate News
FEBRUARY 12, 2024
NAR and several national and local brokerages are named in the suit — the first copycat commissions case to be filed in the state.
Housing Wire
FEBRUARY 12, 2024
Yet another copycat commission lawsuit has hit the court dockets. On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. Like the other commission lawsuits, the Jensen suit is seeking class action status for anyone who sold a property listed on Wasatch Front MLS , Washington County MLS , Iron County MLS or Summit County MLS between Feb. 9, 2
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 12, 2024
While aging in place is a dominant preference for seniors when compared to residing in a dedicated care facility, there are concerns that come with it. One of the biggest concerns is protecting seniors against feelings of isolation , which can be a serious threat to the well-being and cognitive function of older people. But emerging artificial intelligence (AI) technology could be put to use in efforts to mitigate concerns about isolation, according to a new article published by HomeCare.
Inman
FEBRUARY 12, 2024
As we step into 2024, the luxury real estate market presents a vibrant picture of renewed hope and enthusiasm among high-net-worth consumers, setting the stage for a renaissance in the world of luxury living.
Housing Wire
FEBRUARY 12, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. If you’re returning to the classroom to launch a new career, this guide will help you find the best online real estate school and program for your learning style, budget, schedule, and career goals. We’ve thoroughly researched countless real estate schools across the country, evaluating course features, formats, study tools, pass rates, pricing, u
Inman
FEBRUARY 12, 2024
The complaint — one of nearly two dozen targeting real estate's long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission.
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Housing Wire
FEBRUARY 12, 2024
Shannon Robinson has been serving as vice president for the reverse mortgage division at New American Funding (NAF) for just over a year, a time that was marked by a lot of challenges across the reverse mortgage. Some of these challenges, especially in relation to historic interest rate increases, were out of the industry’s control. But a new year brings new opportunities, and the NAF reverse mortgage division is bullish about its own prospects and the prospects of the industry as a whole in 202
Inman
FEBRUARY 12, 2024
Brokerage leaders are still waiting to see the returns on their 2023 technology investments, according to the latest results from the Inman Intel Index. Read on for the biggest takeaways.
Housing Wire
FEBRUARY 12, 2024
Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. In early February, SERHANT. announced the addition of the Orlando-based team, The Home Squad , to its roster. The team’s 16 agents are SERHANT.’s first in Orlando. Previously, the brokerage only operated in the Miami and Palm Beach County markets.
Inman
FEBRUARY 12, 2024
It's incredibly frustrating to see how misunderstood and divisive DEI efforts are, broker Janel Randall writes. Real estate professionals work every day to debunk myths around Black homeownership.
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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.
Housing Wire
FEBRUARY 12, 2024
The series of lawsuits that have been shaking the real estate industry for the past several months have all revolved around the same issue: Realtor commissions. In the Sitzer-Burnett case, plaintiffs successfully argued that real estate commission rates were too high. They also alleged that the National Association of Realtors ’ (NAR) Code of Ethics, the MLS handbook and real estate brokerages ’ practices have led to an artificial inflation of commission rates.
Inman
FEBRUARY 12, 2024
Frances Katzen and Courtney Poulos talk with moderator Dana Cadena about the importance of buyer representation, understanding your contracts, professionalism in the industry and more at ICNY.
Housing Wire
FEBRUARY 12, 2024
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. The CE Shop offers convenient online real estate courses in 45 states, and these can be completed at your own pace. In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals.
Inman
FEBRUARY 12, 2024
U.S. commercial real estate commissions could show the way forward for residential buyer commissions. Joe Rath from Redfin, Russ Cofano of Collabra Technology, Ed Zorn from CRMLS and moderator James Dwiggins discuss how at Inman Connect New York.
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.
Housing Wire
FEBRUARY 12, 2024
The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition consisting of the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corp. (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (C
Inman
FEBRUARY 12, 2024
Investors pushed shares in the Dallas-based mortgage loan servicer to a new high on Friday as executives in a Q4 earnings call said they'll keep investing in technology that boosts efficiency.
Housing Wire
FEBRUARY 12, 2024
New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies. Bogle was at Chicago-based retail shop Draper and Kramer Mortgage Corp.
Inman
FEBRUARY 12, 2024
The new service, available to date only in Massachusetts, where Earnnest has secured a brokerage license, is designed to alleviate the cost, management demands and above all else, legal risk of holding deposits in escrow. The company is looking to rapidly expand the list of states in which it can operate.
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.
Housing Wire
FEBRUARY 12, 2024
Amanda Phillips, EVP of Compliance, ACES Quality Management In the current mortgage landscape, ensuring the highest standards of loan quality is paramount not only during the origination process but also over the life of the loan. As the mortgage industry grapples with a changing market and regulatory complexities, we sat down with Amanda Phillips, Executive Vice President of Compliance at ACES Quality Management , to discuss how lenders can foster long-term success through a robust servicing QC
Inman
FEBRUARY 12, 2024
Team Stevens, led by Lee Stevens, is one of the highest-earning teams in the state of Nevada, with $126.5 million in closed sales volume across 269 sides in 2023.
Housing Wire
FEBRUARY 12, 2024
The median U.S. asking rent reached $1,964 in January, rising by 1.1% year over year, according to a Redfin report. While rent growth was positive in January, it remains a far cry from the double-digit growth recorded during the early stages of the COVID-19 pandemic. As landlords grapple with higher vacancy rates, they don’t have the leverage necessary to command high rent prices.
Inman
FEBRUARY 12, 2024
Tune in to Inman Access to watch Joe D'Urso and Jason Bilbruck as they discuss the benefits of bringing ancillary services in-house.
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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.
Housing Wire
FEBRUARY 12, 2024
Mortgage rates continued their downward trajectory at the start of 2024, incentivizing homebuyers to apply for loans. Meanwhile, an easing of the inventory shortage foreshadows the possible return of a stable housing market. Lock volume increased by 36% between December and January, driven by a 38% seasonal increase in purchase lock volume, according to Optimal Blue ’s Originations Market Monitor report.
Inman
FEBRUARY 12, 2024
Redfin will provide air quality risk data for every listing on its app and website, alongside data for wildfire, flood, wind and extreme heat.
Housing Wire
FEBRUARY 12, 2024
A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. The financials of the deal were not disclosed. Corey Dubnoff, who founded AFR in 1997, will remain as chief administrative officer, and Tim Yanoti will stay on as chief financial officer.
Inman
FEBRUARY 12, 2024
Knowing who you're talking to in your marketing gives you a greater ability to craft and target your messaging. Digital marketing expert Marci James shares strategies for crafting an effecti client avatar.
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.
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