Housing Wire

OCTOBER 19, 2023

CoStar Group , the parent company of real estate data giant CoStar , has made an offer to acquire OnThe Market , the third most visited residential property portal in the United Kingdom. The announcement bolsters the claim that CoStar is “playing for keeps in the residential real estate market.” residential rental platform.

Residential 448

Residential Agents Closing Marketing 448

Housing Wire

MARCH 20, 2025

on Thursday announced that Blue Ridge Bank has entered into a definitive asset purchase and sale agreement to sell certain assets of its mortgage division. Monarch Mortgage provides mortgage banking services, including the origination and processing of residential mortgages primarily for sale on the secondary market.

Banks 311

Banks Purchase and sale agreement Mortgages Residential 311

Housing Wire

OCTOBER 16, 2024

These rankings are designed to help top-performing agents and teams highlight their accomplishments within their specific local markets, enhancing their credibility where it matters most — close to home. However, Leading RE agents and team bested the sales volume. Production data represents residential transactions only.

Agents 464

Agents Commercial Land Branding 464

Housing Wire

NOVEMBER 22, 2024

According to Redfin, an investor is “any institution or business that purchases residential real estate,” which includes both institutional and mom-and-pop investors. In October, the typical sales price for an investor-owned home was 55% — or $181,567 — more than what most investors paid. Investors purchased $38.8

Investor 488

Investor Residential Brokerage Mortgages 488

Housing Wire

MAY 23, 2024

New home sales missed estimates , showing that demand isn’t crashing but not growing much either. The future production of housing units at risk I am bringing this up because economic recessions tend to see residential construction workers lose their jobs first. months at the current sales rate. This represents a supply of 9.1

Sales 497

Sales Marketing Construction Residential 497

Housing Wire

APRIL 23, 2024

New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to grow since then. When we take a more extended look at new home sales, we aren’t working from an elevated level — slow and steady wins this race.

Sales 514

Sales Staging Mortgages Residential 514

Housing Wire

AUGUST 14, 2024

On Wednesday, UBS chief financial officer Todd Tuckner told analysts during an earnings call that the sale of Credit Suisse’s U.S. servicing business, expected to close in the first quarter of 2025, benefits the bank by reducing costs and lowering risk for its balance sheet. 36 in the IMF ranking.

Banks 435

Banks Closing Principal Residential 435

Housing Wire

FEBRUARY 3, 2025

The hits keep coming for now-defunct residential sale-leaseback platform EasyKnock. As recently as a year ago, the New York-based firm closed a $28 million Series D funding round from new and existing investors, including Gaingels, Moderne Ventures, QED Investors and Zillow co-founder Spencer Rascoff.

Lending 394

Lending Equity Investor Residential 394

Housing Wire

APRIL 1, 2025

stake in Angel Oak , offering its own investors access to the firms residential mortgage credit business, according to filings with the Securities and Exchange Commission (SEC). The transaction is expected to close by the end of the third quarter of 2025. Canadian investment powerhouse Brookfield Asset Management Ltd.

Investor 279

Investor Residential Lending Mortgages 279

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

Closing 417

Closing Mortgages Lending Technology 417

Housing Wire

JANUARY 17, 2025

The company said the additional capital will be used to advance MoxiWorks aggressive product strategy, which is aimed at helping brokerages and agents win and close more deals. When I joined MoxiWorks six months ago, it was clear that the residential real estate industry was undergoing significant change.

Technology 368

Technology Brokerage Commercial Equity 368

Housing Wire

OCTOBER 19, 2022

Nations Direct Mortgage, a residential lender in both the retail and wholesale channels, on Wednesday announced appointing Jack O’Brien as its senior vice president and national sales director. O’Brien & Associates and VP, Eastern regional sales manager at National City Home Equity, among others. .

Sales 459

Sales Mortgages Principal Equity 459

Housing Wire

FEBRUARY 11, 2025

The latest enhancements to the integration, however, “improve application pull-through and loan quality by allowing lenders to embed VOIE directly into the point-of-sale (POS) workflow within nCinos Mortgage Suite,” reads a release from the companies.

Loan Officer 364

Loan Officer Loans Mortgages Residential 364

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Should the appraisal come in lower than the contract price, the closing process may be impacted.

Inspection 459

Inspection Closing Closing costs Title search 459

Housing Wire

APRIL 1, 2025

During Tuesday mornings zoom hearing, Judge Saris noted that she was under the impression this lawsuit only involved residential real estate and that none of the named plaintiffs were involved in commercial sales or those involving mobile homes.

MLS 272

MLS Commercial Residential As-is 272

Housing Wire

MARCH 21, 2024

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. It’s an opportunity to align with an organization that not only values excellence and innovation in mortgage lending but also deeply invests in the growth and success of its sales professionals.

Lending 447

Lending Sales Commercial Loans 447

Housing Wire

NOVEMBER 15, 2023

He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said.

Sales 482

Sales New Construction Staging Mortgages 482

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. An agent may also be present at closings to review closing documents and help guide their client through the final steps. How do real estate agents get paid?

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

JULY 7, 2021

Mortgage servicing, origination and transaction-based services company Mr. Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM). The sale of Champion. in a deal valued at $500 million in cash and retained interest.

Sales 418

Sales Mortgages Branding Principal 418

Housing Wire

JULY 31, 2022

Trusted by over 1 million users, NotaryCam’s eClose 360 platform allows borrowers to close anytime from pretty much anywhere. NotaryCam’s customers are the first to express their satisfaction with the company’s future-thinking approach to closings. The pandemic has brought extra hurdles for everyone. Rick Triola.

Closing 370

Closing Technology Commercial Title 370

Housing Wire

JANUARY 30, 2025

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis , chief sales officer at Deephaven Mortgage. To close the conversation, Davis explores Deephaven’s focus on home equity and new construction products in 2025. That’s where the growth is at.

New Construction 326

New Construction Construction Marketing Investor 326

Housing Wire

MAY 10, 2023

The data also suggests that the economy is close to peak rent inflation—lower monthly rent prices have been recorded for two consecutive months, and the price growth for new leases is still decelerating. He also anticipates new and existing home sales to bottom out in 2023 before rising again in 2024. month over month, thanks to a 0.6%

Closing 397

Closing MLS Residential Construction 397

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Marketing 448

Marketing Residential Construction Sales 448

Housing Wire

MARCH 28, 2025

While telepathy isnt an option, predictive analytics will get you pretty close. Agents can now spend time converting high-quality leads that are sure to turn into more closed deals instead of spending hours trying to identify potential sellers through expired MLS listings or door knocking. What does this mean for you?

MLS 351

MLS Agents Commercial Technology 351

Housing Wire

JULY 1, 2024

Proper Rate , a joint venture between Guaranteed Rate and residential brokerage @properties , has tapped Chris Knapp to lead the company as president. Chris was a great executive sales leader during his impressive 11 years at Guaranteed Rate,” Victor Ciardelli , CEO of Guaranteed Rate, said in a prepared statement.

Brokerage 448

Brokerage Residential Branding Mortgages 448

Inman

JANUARY 24, 2025

At Inman Connect New York, Redfin's Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors.

Agents 197

Agents Closing Industrial Residential 197

Housing Wire

DECEMBER 1, 2022

Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some Districts,” the report states, noting that “residential construction slid further at a modest pace” and “home prices grew less rapidly or declined outright amid weak demand.”. million in 2023 from 5.67 trillion from $2.34

Marketing 370

Marketing Residential Construction Sales 370

Housing Wire

JUNE 6, 2024

10 for sales volume ($21.2 Its has closed $720 million in home sales since 2020. Its closed sales totaled $80 million in 2023. Over the past two years, the team has closed at $220 million in deals, including $80 million in 2023. The independent brokerage generated a sales volume of $75 million last year.

Brokerage 459

Brokerage Closing Agents Sales 459

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

Brokerage 505

Brokerage Residential MLS Sales 505

Housing Wire

FEBRUARY 11, 2021

The company closed over one million transactions while most of our people were working from home. Excelerate Capital, a multi-state full-service wholesale, retail and residential mortgage banker, announced the successful completion of its acquisition of Castle Mortgage Corporation. billion, an increase of 24% year over year.

Title 515

Title Commercial Closing Equity 515

Housing Wire

AUGUST 28, 2024

Digital closing provider Snapdocs has automated its digital closing revenue management system to help the firm create a faster and more transparent process for clients. It supports one in four residential real estate transactions in the country, according to the firm. Snapdocs also said it enables lenders to close 1.5

Lending 432

Lending Technology Title Loans 432

Housing Wire

AUGUST 15, 2024

On Wednesday, executives at UBS — which acquired Credit Suisse Group in June 2023 and became the ultimate parent company of SPS — reported the sale of the U.S. Fitch Ratings said in a report that SPS has been servicing residential mortgages since 1989 and residential mortgage-backed securities (RMBS) transactions since 2000.

Investor 476

Investor Mortgages Banks Principal 476

Housing Wire

MAY 13, 2021

As anyone involved in the residential real-estate market knows, bidding wars – and contract prices exceeding the list price – are the norm today in many markets around the nation. The challenge is that the sales data you’re looking at is dated,” said Shawn Telford, chief appraiser at CoreLogic. over the list price.

Marketing 525

Marketing Residential Sales Closing 525

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgages 448

Mortgages Residential Construction Lending 448

Housing Wire

SEPTEMBER 5, 2024

RealTrends Verified has been tracking key measurements in the residential real estate industry since 1987. The RealTrends Verified 500 is our annual ranking of the nation’s largest residential brokerage firms ranked by both closed transaction sides and closed sales volume.

Brokerage 441

Brokerage Residential Closing Agents 441

Housing Wire

SEPTEMBER 16, 2021

Where brokers are finding business has changed slightly; however, the volume of sales have skyrocketed during the pandemic. In contrast, brokerages in the RealTrends 500 had a median sales volume of $1.3 Closed sides were up 15.8% Sales volume was up an astounding 25.9%. million in 2020 as compared to a median of $5.3

Brokerage 465

Brokerage Residential Lending Title 465

Housing Wire

JULY 18, 2024

” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely.

Finance 448

Finance Investor Banks Residential 448