Housing Wire
DECEMBER 13, 2024
The recent CoreLogic Homeowner Equity Insights report for Q3 shows a continued positive trend of a lack of underwater mortgages in America today. Underwater mortgages where borrowers owe more on their home than what it is worth pose a risk of foreclosure and hinder people from selling their homes, something that was rampant after 2008. In 2010, more than 23% of homes in America were underwater.
Real Estate News
DECEMBER 13, 2024
After her New York Times story sparked controversy, Debra Kamin told Real Estate News that agents and the public deserve to know how NAR spends its money.
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Housing Wire
DECEMBER 13, 2024
Mortgage application and origination activity dropped by roughly one-third from 2022 to 2023 as high interest rates depressed broader industry activity. That’s according to Home Mortgage Disclosure Act (HMDA) data published by the Consumer Financial Protection Bureau (CFPB) in a report released Friday. The decline was sharper for refinances when compared with purchase loans, according to the report.
Real Estate News
DECEMBER 13, 2024
Panelists at NARs economic summit expect a better year overall, but pointed to various wildcards that could tug the market in different directions.
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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.
Housing Wire
DECEMBER 13, 2024
Malibu’s Franklin Fire torched over 4,000 acres this week in one of the country’s most expensive housing markets, putting more pressure on homeowners insurance premiums in a state that is already facing an insurance crisis. What will happen to insurance costs in California now? The Franklin Fire is now 30% contained, the city of Malibu said in an update Thursday evening.
Keeping Current Matters
DECEMBER 13, 2024
Data shows 7 out of 10 prospective homebuyers don’t know the minimum credit score required by lenders or that it varies by lender and loan type.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 13, 2024
Data and marketing pro David Childers shares content tips, 2025 predictions and the best way to answer real estate questions at holiday gatherings.
Housing Wire
DECEMBER 13, 2024
While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination. This challenging environment, marked by high operating costs and low origination volumes, has pushed lenders to operate leaner than ever, as evidenced by reports from the Mortgage Bankers Association that i
Real Estate News
DECEMBER 13, 2024
Longtime Texas Realtors Executive VP Mike Barnett will take over as CEO on April 1; Andrew Shock named VP of operations at Fathom; RESO announces 2025 board.
Housing Wire
DECEMBER 13, 2024
The Batton homebuyer commission lawsuits are not the only ones getting updated complaints. On Thursday, James Lutz, the lead plaintiff in the Lutz homebuyer commission suit in Florida, filed a second amended complaint. This updated complaint adds 31 new plaintiffs to the suit, including many familiar names, such as Scott Davis, James Mullis and Mya Batton.
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.
Inman
DECEMBER 13, 2024
According to Cara Ameer, the National Association of Realtors owes its members an apology along with the option to opt out of membership.
Housing Wire
DECEMBER 13, 2024
The Mortgage Bankers Association (MBA) this week published a proposal for Ginnie Mae to develop a new mortgage securitization product that could boost the availability of private capital liquidity sources into the market, particularly in periods of stress for the U.S. economy. Importantly, the association said that the recent development of Ginnie Maes new, complementary Home Equity Conversion Mortgage ( HECM )-backed Securities ( HMBS ) product known as HMBS 2.0 could serve as a logistical te
Inman
DECEMBER 13, 2024
Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities.
Housing Wire
DECEMBER 13, 2024
Fathom Realty , a subsidiary of Fathom Holdings Inc. , has appointed a new vice president of operations. Andrew Shock, who has more 20 years of experience in the residential brokerage industry, takes on the role. “Andrew’s expertise, knowledge, and positive energy align perfectly with our vision and will drive us toward our goals,” Samantha Giuggio , president of Fathom Realty and chief operations officer of Fathom Holdings, said in a statement. “With his leadership, we a
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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.
Inman
DECEMBER 13, 2024
The cloud banking software provider is finishing up the year with a bang, announcing a partnership with a leading loan servicer and recruiting PlanSource veteran Srini Venkatramani as the company's new head of product.
Housing Wire
DECEMBER 13, 2024
The Real Estate Standards Organization (RESO) is welcoming many new and returning board of director members in 2025. The organization announced its board of directors election results, as well as director and executive committee appointments in a release on Thursday. It is a pivotal year for organized real estate, and our membership responded by voting for steady guidance to lead the way, Rebecca Jensen, the president and CEO of Midwest Real Estate Data (MRED), said in a statement.
Inman
DECEMBER 13, 2024
Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65.
Housing Wire
DECEMBER 13, 2024
Planet Financial Group , the parent company of Planet Home Lending , completed the issuance of $475 million in senior unsecured notes this week, the latest mortgage company to raise debt in an oversubscribed transaction. The companys initial target for the offering was $400 million. The notes, which carry a 10.5% interest rate, are due in December 2029.
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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.
Inman
DECEMBER 13, 2024
Your business is a reflection of you, broker Zak Shellhammer writes. The more it aligns with your values and passions, the more successful and satisfying it will be.
Bigger Pockets
DECEMBER 13, 2024
Realtor.com made its predictions about the top real estate markets in the U.S. in 2025, with unpredictability sweeping across the housing industry.
Inman
DECEMBER 13, 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.
Bigger Pockets
DECEMBER 13, 2024
Redfin just released their highly-anticipated 2025 housing market forecast, and today, were reacting to each of their ten crucial housing market predictions.
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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.
Inman
DECEMBER 13, 2024
Inman proudly unveils the 2025 Ambassadors for Inman Connect New York, led by Head Ambassador Matt Richling. This dynamic group of industry leaders will foster collaboration and deliver unparalleled insights at real estates premier event, taking place Jan. 22-24, 2025, at the Hilton New York Midtown. Dont miss your chance to join them register today!
HomeLight
DECEMBER 13, 2024
Are you a homeowner in Fredericksburg, Virginia, looking to sell your house quickly? Whether you’re facing financial strain, unexpected life circumstances, or simply looking to start your next chapter, the need for a fast home sale can often feel like an overwhelming task. In this post, we’ll explore two viable options to help you sell your Fredericksburg home with speed: requesting a cash offer or hiring a top real estate agent.
Inman
DECEMBER 13, 2024
Inman Connect is going on tour in 2025. First stop: Nashville, Tennessee! The Future of Real Estate, Amplified: March 11-12, 2025.
Marco Santarelli
DECEMBER 13, 2024
Are you thinking of buying a home in Florida? Realtor.com predicts that nine Florida metro areas are poised for significant housing market growth in 2025. These areas are attracting buyers due to a mix of factors like affordability, new construction, and a diverse population, making them attractive for those looking to invest in real estate. Let's explore which areas are on the rise and what makes them so appealing.
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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.
Inman
DECEMBER 13, 2024
Tune in to Inman Access, and learn how to grow and scale your business with the help of "Survivor" favorite Quintavius Burdette.
RIS Media
DECEMBER 13, 2024
In the competitive landscape of real estate, your personal brand is your most valuable asset. Its the foundation upon which you build your reputation, attract clients and differentiate yourself from the competition. Think of your brand as a house: a solid foundation, quality materials and careful design are essential for a structure that stands the… The post The Hidden Dangers of a Weak Personal Brand appeared first on RISMedia.
Inman
DECEMBER 13, 2024
Craig Rowe reviews ActivePipe, a MoxiWorks application designed to launch advanced email campaigns for lead generation, brokerage branding and long-term customer engagement.
Calculated Risk Real Estate
DECEMBER 13, 2024
We will NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes. Last week, CoreLogic reported on homeowner equity: CoreLogic: US Homeowners See Equity Gains Drop by More Than 5 Percent in Q3 In the third quarter of 2024, the total number of mortgaged residential properties with negative equity increased by 3.5% fro
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