Housing Wire

OCTOBER 25, 2024

Many renters think they’re saving money by renting, but long term, that might not be true. In some of the U.S.’s largest metros, a monthly mortgage payment is less expensive than the average rent. But there are many factors surrounding affordability—how do city dwellers make this decision? A new report from Zillow Home Loans outlines some key trends and factors for renters to consider when evaluating a home purchase.

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Pre-approval Loans Mortgages Equity 476

Inman

OCTOBER 25, 2024

Situated on nearly three acres, the property features 11 bedrooms, 14 bathrooms, a wine cellar, staff rooms—both added during the Elies’ renovation — and a swimming pool. Despite these extensive upgrades, the Elies ultimately found the home too large and chose not to move in.

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Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients. Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training.

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Investor New Construction Construction Loans 448

Keeping Current Matters

OCTOBER 25, 2024

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.

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Marketing 316

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Housing Wire

OCTOBER 25, 2024

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. The platform evaluates the loan purchase eligibility and data quality while also handling document management to help lenders operate effectively and efficiently, said Linus Petrén, Novaprime’s CEO.

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Housing Wire

OCTOBER 25, 2024

Zillow and Realtor.com have agreed to share 3D home tours, interactive floor plans and photo listings between both platforms, the real estate portals announced this week. The new partnership will let real estate agents share immersive listings with potential clients on both platforms, boosting visibility and simplifying the home search process for buyers.

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Technology Property Management Agents Development 459

RIS Media

OCTOBER 25, 2024

The residential real estate market has an inventory shortage, while commercial real estate is experiencing high vacancy rates due to shifts away from in-office mandates. The two birds with one stone solution has been to convert unused office buildings into multi-unit residential buildings. Cities such as Boston have even passed tax breaks to incentivize developers… The post Co-Living Could Be the Answer to Office Conversions appeared first on RISMedia.

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Commercial Residential Development Marketing 119

Housing Wire

OCTOBER 25, 2024

In prior conversations with HousingWire ’s Reverse Mortgage Daily (RMD), leaders of equity sharing companies contend that their products are different from reverse mortgages largely because they are not debt-based instruments. But a court case playing out in the U.S. Court of Appeals for the Ninth Circuit features plaintiffs who argue that they are — at least under Washington state law.

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Equity Mortgages Loans As-is 448

Brownstoner

OCTOBER 25, 2024

Home to legendary jazz musician Randy Weston, this 19th century townhouse just outside the historic district in Clinton Hill mixes alluring original details such as exuberant woodwork with recent updates and is move-in ready. Built originally as a one-family, the three-story house at 330 A Lafayette Avenue/Randy Weston Way… Read More > The post Jazz Great’s Clinton Hill Townhouse With Whimsical Woodwork Asks $2.45 Million appeared first on Brownstoner.

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As-is 111

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

OCTOBER 25, 2024

Editor’s note: This is the second in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. As the real estate industry grappled with the fallout of the Sitzer/Burnett jury verdict and eventual settlement from the National Association of Realtors (NAR), a top concern was how changes to the agent commission structure would imp

VA loan 448

VA loan Purchase and sale agreement Loans Agents 448

Real Estate News

OCTOBER 25, 2024

The company announced a number of product updates this week, including the release of its much-anticipated Real Wallet and enhancements to its Leo AI assistant.

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Brokerage Agents 261

Housing Wire

OCTOBER 25, 2024

In the latest episode of the Power House podcast, HousingWire CEO Clayton Collins sits down for a conversation with Uplist President Jeff Bell to explore coaching, loan monitoring, recapture strategies and more. These questions and responses have been lightly edited for length and clarity. Clayton Collins: Give us a glimpse into how you’ve developed as a leader in this industry.

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Loan Officer Loans Mortgages Technology 447

Real Estate News

OCTOBER 25, 2024

Long & Foster exec named president of Florida's Premier Sotheby's International Realty; veteran brokerage leader now Atlanta regional VP for Coldwell Banker.

Brokerage 219

Brokerage 219

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Brokerage

Housing Wire

OCTOBER 25, 2024

Minneapolis -based mortgage lender Luminate Home Loans has decided to shutter its NEO Home Loans division, which transitioned to the firm two years ago, the company announced on Friday. The expectation is that NEO will close by the end of February 2025. According to Luminate, the decision reflects, among other things, its “focus on integrating mortgage lending into its core banking services to better serve clients and build long-term financial relationships.

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Loans Closing Banks Lending 435

RIS Media

OCTOBER 25, 2024

CRS Data—a provider of property tax data in the U.S. and Canada—has announced the launch of its data compliance solution: ListingIntegrity. ListingIntegrity ensures superior data quality in today’s real estate landscape, creating a source of partnership and dependability for MLSs, brokerages and agents. “Our goal is to create steadfast and trusted ways to serve the… The post CRS Data Announces Launch of ListingIntegrity appeared first on RISMedia.

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Brokerage Agents Technology Industrial 97

Housing Wire

OCTOBER 25, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. With hundreds of other IDX websites online, why would a buyer choose yours? And no, “Because they clicked on my ad!” is not an acceptable answer. Not in 2024. Not when the average time buyers spend on real estate websites is less than two minutes.

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Branding Design Brokerage Agents 434

RIS Media

OCTOBER 25, 2024

Several large brokerages are angling to garner more immunity from commission lawsuits as the final hearing for their settlement agreements looms, with eight companies filing their arguments in court yesterday asking the judge to approve their respective agreements—and also explicitly indemnify them in cases that are not identical to the main class-action suits.

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Brokerage MLS Industrial Agents 118

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Agents

Housing Wire

OCTOBER 25, 2024

Long-time Douglas Elliman chairman and CEO Howard Lorber is retiring. The New York-based brokerage announced Lorber’s retirement on Tuesday. Lorber has served as Douglas Elliman board chairman since 2003. In a press release, the brokerage said that it “extends its deepest appreciation to Mr. Lorber for his strategic vision and years of dedication and hard work that have made Douglas Elliman the country’s premier real estate brokerage firm, setting new standards in luxury service and innovation.

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Brokerage Finance Investor Technology 408

RIS Media

OCTOBER 25, 2024

How are consumers feeling overall, and how does that translate to a real estate sale? The question is multifaceted, but asking it could be key to learning where buyers stand as the election fast approaches. The consumer sentiment index indicated yet another rise, for the third consecutive month, per the University of Michigan’s survey of… The post Consumer Sentiment Rises Slightly for the Third Consecutive Month appeared first on RISMedia.

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Sales As-is Industrial 116

Inman

OCTOBER 25, 2024

The CFPB claimed statements made by hosts of Townstone Financial's AM radio call-in show and podcasts discouraged Black Chicago residents from applying for a mortgage.

Mortgages 189

Mortgages 189

HomeLight

OCTOBER 25, 2024

If you’re considering selling your Citrus Heights home, you may have come across We Buy Houses for cash companies in Citrus Heights. These companies offer cash for homes, especially those needing repairs or updates. If you’re a homeowner who doesn’t have the time or resources to tackle renovations, a cash sale can be an easy way to sell your property.

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Purchase and sale agreement Inspection Renovation Closing 64

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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

OCTOBER 25, 2024

The three-hour “Haunt the Beetlejuice House” tours will be available from Nov. 16 to 27, with booking open until Nov. 4. Each tour accommodates up to six guests, who must be 18 or older, with any accompanying guests aged 13 and up.

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Marco Santarelli

OCTOBER 25, 2024

Thinking about buying or selling a home in Pennsylvania? Understanding the Pennsylvania housing market trends is key. While prices are showing slight moderation and sales have slowed down, the increase in inventory offers more opportunities for buyers. The market is moving toward a more balanced state, creating a more equitable environment for both buyers and sellers.

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Marketing Sales Days on market Industrial 52

Inman

OCTOBER 25, 2024

Proptech columnist Craig Rowe reviews Giraffe360, a virtual tour creation and listing marketing solution for real estate agents.

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Agents Marketing Technology 186

HomeLight

OCTOBER 25, 2024

If you’re a homeowner in Concord, North Carolina, and need to sell your house quickly, you may be unsure about what steps to take in the local market. Whether you’re selling your current property due to a sudden job relocation, financial changes, or another major life event, the key to a successful sale starts with understanding your available options.

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Finance Sales Closing Banks 59

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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.

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