Housing Wire

JUNE 6, 2024

Mortgage lending in the U.S. dropped by 6.7% in the first quarter of 2024 to 1.28 million mortgages secured by residential property, the 11th drop recorded in the past 12 quarters and the lowest level since the year 2000, according to the newest U.S. Residential Property Mortgage Origination Report compiled by data provider Attom. This decline contributed to a 4.8% reduction in residential lending activity compared to first-quarter 2023 and a 69.3% reduction since reaching a high point in 2021,

Lending 492

Lending Mortgages Residential Loans 492

Keeping Current Matters

JUNE 6, 2024

Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now.

Equity 334

Equity 334

Housing Wire

JUNE 6, 2024

Relitix’s latest release of the Agent Movement Index (AMI) for April 2024 reveals a surprising shift in the dynamics of real estate agents , indicating potential changes in market conditions and strategies among brokerages. Key Highlights from April 2024 AMI: Rise in Active Agents: The data show an unexpected increase in the number of active real estate agents.

Agents 486

Agents MLS Brokerage Industrial 486

Real Estate News

JUNE 6, 2024

Watch the conversation with industry news leader Mitch Robinson as he offers advice for working with local news outlets to “tell your story in a proactive way.

Industrial 299

Industrial 299

Advertisement

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Housing Wire

JUNE 6, 2024

Doug Duncan , the chief economist at Fannie Mae , believes pressures from fiscal and monetary policy have brought volatility to the secondary mortgage market, creating a “higher-for-longer” scenario in the U.S. economy that mortgage companies should be ready to face. “Every indicator that comes out, the market judges which way would the Fed move with it.

Mortgages 485

Mortgages Pre-approval Equity Investor 485

Real Estate News

JUNE 6, 2024

Several commissions-related milestones are coming up, starting with the NAR settlement opt-in deadline in less than two weeks.

Industrial 290

Industrial 290

Real Estate News

JUNE 6, 2024

Despite an increase in supply, affordability continues to keep many buyers on the sidelines, and rates aren’t expected to fall significantly this year.

Mortgages 264

Mortgages Marketing 264

Housing Wire

JUNE 6, 2024

The Real Brokerage announced Thursday the addition of several new teams across the U.S. last month as the publicly traded company pushed its agent count above 19,000. The newly released 2024 RealTrends Verified rankings , based on 2023 data, showed that Real was the sixth-largest brokerage in the country for sides (48,905) and ranked No. 10 for sales volume ($21.2 billion).

Brokerage 459

Brokerage Closing Agents Sales 459

Inman

JUNE 6, 2024

Investigators searched the company's office as part of an inquiry into alleged apartment price-fixing in the multifamily industry.

Industrial 146

Industrial 146

Housing Wire

JUNE 6, 2024

Mortgage credit availability saw a slight increase in May, according to an analysis of ICE Mortgage Technology data by the Mortgage Bankers Association (MBA). The Mortgage Credit Availability Index (MCAI) rose by 0.1% to 94.1 in May. The index was initially benchmarked to 100 in 2012. The MCAI measures how tight or loose lending standards are in any given month.

Mortgages 457

Mortgages Lending Technology Loans 457

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Inman

JUNE 6, 2024

The National Association of Realtors' Instragram post highlighting Pride Month has garnered nearly 900 comments — the majority of them against the LGBTQ+ community. The LGBTQ+ Real Estate Alliance has called on NAR to control the comments section and reprimand Realtors who've made discriminatory statements.

MLS 145

MLS 145

Housing Wire

JUNE 6, 2024

Just over a year after its further expansion into the reverse mortgage business, multichannel mortgage lender Guaranteed Rate has focused on bringing a wider swath of mortgage industry professionals up to speed with the dynamics of reverse , a trend that has unfolded in other parts of the industry as more forward lenders have expressed interest in the space.

Loan Officer 455

Loan Officer Mortgages Lending Loans 455

Inman

JUNE 6, 2024

Realtors can now add information to help potential buyers search for homes that might meet their mobility needs. The new fields were added to the Nova Scotia MLS on Wednesday.

MLS 144

MLS Brokerage Agents 144

Housing Wire

JUNE 6, 2024

Bond credit-rating organization Moody’s Investors Service has reaffirmed its “above-average” rating for the reverse mortgage servicing performance of Celink , which is the current holder of the U.S. Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) servicing contract and is a HECM subservicer for several major lenders.

Mortgages 447

Mortgages Investor Equity Finance 447

Advertisement

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

RIS Media

JUNE 6, 2024

Are you wondering how to set an accurate price for a home in rough shape? Selling a house in poor condition presents unique challenges, primarily in setting a price that reflects its current state and potential market value. I will provide tips for effective pricing strategies for such properties, unpack the factors influencing their valuation… The post Pricing Strategies for Houses in Poor Condition appeared first on RISMedia.

Marketing 141

Marketing Renovation Industrial Agents 141

Inman

JUNE 6, 2024

The design company's generative AI and 3D tech will now be available to 250 Christie's International Real Estate Masters Circle agents in the U.S. and all 3,500 agents affiliated with @properties.

Agents 140

Agents Design Technology Brokerage 140

RIS Media

JUNE 6, 2024

Of course you would like seller clients to have their homes professionally staged if you think it needs it. But sometimes homeowners will not want to spend the money or agree to make drastic changes to rooms, especially if they are living there. Creative agents can at least make suggestions that cost little, but either… The post 4 Easy Ways Sellers Can Stage Their Houses Themselves at Little Cost appeared first on RISMedia.

Staging 131

Staging Agents Industrial 131

Inman

JUNE 6, 2024

Plaintiffs' lawyer Michael Ketchmark vowed legal action to enforce deal: "Anyone who thinks they can send a few emails or bury their head in the sand and avoid the application of the law is wrong.

MLS 138

MLS Agents 138

Advertisement

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

RIS Media

JUNE 6, 2024

The National Association of REALTORS® stated that its post-settlement practice changes “eliminate steering,” according to a recent update on the organization’s settlement FAQ page that addresses steering concerns. Steering concerns have been present in conversation since the commission lawsuits across the industry began. The argument presented in Burnett and many other cases is that when… The post Settlement Eliminates ‘Theoretical Steering,’ According to NAR appeared first on RISMed

Industrial 125

Industrial Agents 125

Inman

JUNE 6, 2024

Find out how this Alaska broker went from personal struggle to professional success and how a major disaster led her to her current company.

Brokerage 137

Brokerage 137

RIS Media

JUNE 6, 2024

The National Association of REALTORS® (NAR) had several major wins recently in the U.S. Supreme Court, advancing and protecting property rights around the country. Legal challenges in support of property rights are an important tool in public policy and advocacy, with decisions that have broad regulatory implications around the country. In 2023, NAR submitted two… The post NAR and Property Rights Win Big in Supreme Court appeared first on RISMedia.

Industrial 124

Industrial 124

Inman

JUNE 6, 2024

Do you need some tough love to get you moving forward in your real estate business? Jimmy Burgess shares the advice that's helped him achieve the greatest success in his career.

Brokerage 136

Brokerage Agents 136

Advertisement

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

RIS Media

JUNE 6, 2024

Mortgage rates pulled back again after creeping up over 7% last week, ticking down to just under, averaging 6.99% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. This week’s numbers: The 30-year FRM averaged 6.99% as of June 6, 2024, down from last week when it averaged… The post Mortgage Rates Pull Back Again appeared first on RISMedia.

Mortgages 119

Mortgages Marketing Industrial 119

Inman

JUNE 6, 2024

Previously unavailable images of the celebrity couple's $60 million Beverly Hills abode were uploaded to Zillow on June 1 and June 5.

132

132

RIS Media

JUNE 6, 2024

Recently an op-ed was published entitled “How We Got Here,” and it was so one-sided I felt compelled to respond. If there is one lesson that should be learned about the real estate industry right now, it should be that we need to consider outside opinions. Now is not the time to retreat to our… The post Op-Ed: How We Really Got Here (A Response) appeared first on RISMedia.

Industrial 119

Industrial Agents 119

Inman

JUNE 6, 2024

After surviving wartime and a city under siege, find out how team leader Senada Adžem built an award-winning real estate business.

132

132

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

Eye on Housing

JUNE 6, 2024

Despite higher mortgage rates, limited resale inventory and strong growth in demand continued to put upward pressure on house price appreciation. House price appreciation was recorded in all 50 states and the District of Columbia. According to the quarterly all-transactions House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), U.S. house prices.

Finance 116

Finance Mortgages 116

RIS Media

JUNE 6, 2024

Nationwide, 6.4% of homesellers cut their asking price during the four weeks ending May 26 on average, the highest share since November 2022, according to a new report from Redfin. The median asking price dropped roughly $3,000 to $416,623 in the last week, the first decline in six months. Additionally, for-sale supply is growing more… The post Report: Sellers Cutting Prices at Highest Rate Since 2022 appeared first on RISMedia.

Sales 116

Sales Industrial Mortgages Marketing 116

HomeLight

JUNE 6, 2024

Moving to a new home requires a lot of planning and math. Planning often demands the lion’s share of your attention, but your financial calculations have a direct influence on the quality of life you can expect. In this post, we’ll share how to estimate utility costs for a new home. Relocating to a New City? Work With a Top Agent. Packing up and moving can be filled with uncertainties.

Agents 115

Agents As-is Closing 115

RIS Media

JUNE 6, 2024

While reflecting on the Memorial Day holiday, a time for remembrance and reverence, I am compelled to share a story that deeply moved me. It’s a tale that isn’t mine but one that resonates with the themes of leadership and sacrifice. Recently, I revisited a powerful talk from TED 2016, where Wes Moore—a former U.S.… The post Thoughts on Leadership: Reflecting on Memorial Day appeared first on RISMedia.

Development 115

Development Industrial 115

Advertisement

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

Brokerage