Housing Wire

MARCH 14, 2024

The U.S. Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it failed to refund nearly $385 million in mortgage insurance premiums (MIP) to borrowers over a period of more than two decades. The lawsuit was previously reported by National Mortgage News and Law360. The proposed class-action lawsuit brought by Florida resident Tricia Sarmiento claims that HUD has failed to issue refunds tied to MIP payments on mortgages backed by the Federal Housi

FHA loan 496

FHA loan Mortgages Loans Development 496

Real Estate News

MARCH 14, 2024

Rates eased this week, but they will likely remain elevated throughout the spring months as the Fed waits to take action on interest rates.

Mortgages 281

Mortgages 281

Housing Wire

MARCH 14, 2024

Investment returns for single-family rental homes are expected to rise in 2024, buoyed by rent prices that are rising faster than home prices across the country. The average annual gross rental yield for a three-bedroom home is projected to be 7.55% in 2024, up from an average of 7.39% for the same markets in 2023. That’s according to a first-quarter 2024 report from ATTOM.

Investor 473

Investor Sales As-is Marketing 473

Keeping Current Matters

MARCH 14, 2024

Thinking about selling your house and wondering if now’s a good time to do it?

Marketing 338

Marketing 338

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

Housing Wire

MARCH 14, 2024

Hello Divorce , a platform that provides legal assistance to couples in the process of divorce, has introduced a new service, HomeSplit, to help individuals navigate the process of dividing their home’s financial assets. Finding a way to divide a home can be financially and emotionally fraught , and HomeSplit aims to help consumers regain some control over their financial future after the divorce.

Closing 477

Closing Mortgages Sales As-is 477

Real Estate News

MARCH 14, 2024

Three key decisions, including the Sitzer/Burnett judgment, are expected this spring — and they could determine what happens next for the industry.

Industrial 231

Industrial 231

Real Estate News

MARCH 14, 2024

A national survey of 1,900 real estate agents found that most are anticipating a good market in the coming six months.

Agents 215

Agents Marketing 215

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I think people are getting used to the interest rates where they are now, but there is just a huge lack of inventory,” said Chelsea Newcomb , a RE/MAX Realty Specialists agent based in Charlottesville.

Agents 453

Agents Seller concession Marketing Days on market 453

Inman

MARCH 14, 2024

Hilton Worldwide Holdings has agreed to pay $210 million for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations biggest college towns.

Branding 189

Branding Commercial Marketing 189

Housing Wire

MARCH 14, 2024

California mortgage tech firm Blend Labs narrowed its loss in 2023 by expanding its consumer banking footprint and growing its mortgage consumer base. The San Francisco-based company reported a non-GAAP net loss of $101.3 million in 2023, down from a non-GAAP net loss of $182.2 million in 2022 , according to data shared in its fourth-quarter and full year 2023 earnings call.

Title 443

Title Banks Mortgages Loans 443

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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.

Brokerage

Inman

MARCH 14, 2024

Fathom posted a $24 million annual loss during a Q4 and 2023 earnings call Thursday afternoon, with executives saying the brokerage's transaction volume dropped less than the industry overall.

Agents 179

Agents Brokerage Industrial Mortgages 179

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. In a working paper published in late February by Borys Grochulski and Zhu Wang of the Federal Reserve Bank of Richmond , the Fed concluded that the current real estate agent compensation structure “may lead to elevated home prices, overused agent services, and prolonged home searches.

Agents 446

Agents Banks Sales Technology 446

Inman

MARCH 14, 2024

AI tools are poised to revolutionize every aspect of real estate, Jimmy Burgess writes. Step out of your comfort zone, and put his recommendations to work for you.

Branding 181

Branding Technology Marketing Agents 181

Housing Wire

MARCH 14, 2024

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). The Anaheim, California-based originator’s application was approved on Wednesday after it fulfilled all statutory requirements for membership, including those related to capital, profitability and liquidity, the company reported.

Lending 433

Lending Banks Loans Renovation 433

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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.

Agents

Inman

MARCH 14, 2024

Almost two years after launching its "Article 10 Rule" campaign, the LGBTQ+ Real Estate Alliance has upped the ante with a new website that tracks anti-LGBTQ legislators who've received funding from the National Association of Realtors' lobbying arm, the Realtor Political Action Committee.

Industrial 166

Industrial Marketing 166

Housing Wire

MARCH 14, 2024

HousingWire Editor in Chief Sarah Wheeler recently sat down with Chad Roffers, founder and CEO of Concierge Auctions , to talk about the opportunity that lies in customer interactions — if you have the tech to handle it. Concierge is the largest luxury real estate auction marketplace in the world, with ownership that includes Sotheby’s and Anywhere Real Estate.

Industrial 433

Industrial Technology As-is Agents 433

Inman

MARCH 14, 2024

Purchasing a domain to build up content and expert reputation is one of the most valuable strategies for an agent starting out in the industry, marketing expert David Marden writes.

Industrial 165

Industrial Agents Marketing Branding 165

Housing Wire

MARCH 14, 2024

Michael Hild, who served as CEO of now-defunct reverse mortgage lender Live Well Financial , is seeking a one-year delay of a deadline to file a motion for a new trial based on what his attorney describes as “new evidence.” This is according to court documents reviewed by RMD. After his arrest by the FBI in 2019 and a protracted trial process, the jury hearing the case determined in April 2021 that Hild participated in an effort to fraudulently inflate the value of the company’s bonds by approxi

As-is 427

As-is Mortgages 427

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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.

Agents

Inman

MARCH 14, 2024

Mortgage rates push back through 7 percent as more worrisome inflation data puts to rest any lingering hopes for a Federal Reserve rate cut this spring.

Mortgages 174

Mortgages Marketing 174

Housing Wire

MARCH 14, 2024

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot , recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper into the current reverse mortgage business environment, she offered additional perspectives on multiple topics. These include the integration of forward mortgage professionals into the reverse mortgage business, how the Home Equity Conversion Mortgage (HECM) limit for 2024 could end up impacting

Mortgages 424

Mortgages Loan Officer FHA loan Equity 424

Inman

MARCH 14, 2024

Two months of Inman Intel Index survey data shows waning confidence in real-world business-building activities but growing interest in buying leads on the internet.

Agents 162

Agents 162

Housing Wire

MARCH 14, 2024

With our commitment to providing insights that housing professionals can make decisions on, HousingWire announced a new partnership with Greater Bergen Realtors , delivering exclusive news, market data and housing research to agents in New Jersey’s Greater Bergen Realtors association. Greater Bergen Realtors is located in New Jersey and serves members in Bergen, Hudson, and Passaic Counties.

Industrial 407

Industrial Brokerage Agents Development 407

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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.

Sales

Inman

MARCH 14, 2024

Succeeding as a new real estate agent, David Marden writes, requires effective time management, leveraging your circle of influence and understanding the ROI of your efforts.

Agents 160

Agents 160

RIS Media

MARCH 14, 2024

The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.66% to an average of 6.74% 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 6.74%, down from last week when it averaged 6.88%. A year… The post Mortgage Rates Dip for Second Straight Week appeared first on RISMedia.

Fixed-rate mortgage 131

Fixed-rate mortgage Mortgages Marketing Industrial 131

Inman

MARCH 14, 2024

Are you willing to "peel the orange" for your clients? This viral TikTok trend has trainer Rachael Hite asking you to evaluate your brand and its appeal to consumers.

Branding 162

Branding Marketing Agents 162

RIS Media

MARCH 14, 2024

It can be frustrating and concerning when your house has been on the market longer than expected. You’ve made memories in this home and are likely looking forward to starting a new chapter elsewhere. However, when the sale stalls, it’s crucial to reassess your strategy. We will explore five actionable steps to boost your home’s… The post What to Do When a House Isn’t Selling appeared first on RISMedia.

Sales 128

Sales Marketing Staging Industrial 128

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Brokerage

Inman

MARCH 14, 2024

Learn how a generous friend helped this award-winning Arkansas broker launch her epic 25-year career in real estate.

Brokerage 173

Brokerage 173

RIS Media

MARCH 14, 2024

The American Real Estate Association (formerly but no longer using the acronym AREA) conceived in January as a potential alternative to the National Association of REALTORS® (NAR), held its first event virtually, a “listening tour,” where they heard from agents across the country about their hopes and concerns for the industry. One of the main… The post Potential Alternative to NAR Holds First ‘Listening Tour’ Event; More Planned appeared first on RISMedia.

Industrial 126

Industrial Agents MLS 126

HomeLight

MARCH 14, 2024

Do you need to sell your Turlock home fast but are unsure of your options? Consider working with a “We Buy Houses” company. These firms offer cash for homes as-is, perfect for those lacking the time or resources for repairs. It’s a hassle-free way to quickly turn your property into cash without the hassle of a traditional sale. This guide will dive into the pros and cons of selling to cash buyers, as well as highlight some common situations when selling your home for cash is th

Closing 111

Closing Sales As-is 111

RIS Media

MARCH 14, 2024

The influence of women in real estate leadership is growing, as is their impact on the future of the industry. That was one of the most fascinating takeaways from the Delta Media 2024 Real Estate Leadership Survey. Looking at the use of artificial intelligence in real estate, the new study found a significantly higher propensity… The post Women Real Estate Leaders and AI appeared first on RISMedia.

Industrial 122

Industrial As-is Development Technology 122

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