Housing Wire

APRIL 8, 2024

The lack of affordable housing in the United States is well-documented in the nation’s urban markets, where it is contributing to the swelling ranks of the homeless. That same dire need for affordable housing for the least prosperous among us, however, also is a serious problem in rural America — home to nearly 70 million Americans. The U.S. Department of Agriculture (USDA) administers one of the main programs providing housing for low-income households in the rural stretches of this country — w

New Construction 510

New Construction Finance Construction Mortgages 510

Real Estate News

APRIL 8, 2024

The company reached the agreement in the Umpa case, the only major class action involving agent pay to name Real as a defendant.

Brokerage 298

Brokerage Agents 298

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Each of those notched down from a week ago and compared to a year ago. This is a holiday effect and it should all be reversed back onto the year’s growth trend by next Monday’s report. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago.

Sales 492

Sales Mortgages Marketing As-is 492

Keeping Current Matters

APRIL 8, 2024

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans.

Loans 314

Loans 314

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

APRIL 8, 2024

Insurance companies are leveraging aerial images of homes to drop properties deemed too risky, according to a report by The Wall Street Journal. Consumer advocates are concerned that customers are not always able to challenge images that could be out of date or inaccurate. The increased use of aerial images also comes at a time when many home insurance carriers nationwide try to offload some risk from their property portfolios, sometimes leaving states altogether to recover from big underwritin

Marketing 485

Marketing 485

Real Estate News

APRIL 8, 2024

The NAR settlement will lead to better service and lower costs for homebuyers, new research from the Consumer Federation of America suggests.

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267

Real Estate News

APRIL 8, 2024

At least seven complaints have been filed by former Keller Williams agents over reductions set to take effect on July 1.

Agents 256

Agents 256

Housing Wire

APRIL 8, 2024

After a few months of downward data in its performance metrics, the reverse mortgage industry saw a slightly different story play out in March that should come as welcome news. Home Equity Conversion Mortgage (HECM) endorsements increased 8.3% to 2,058 loans in March, an increase helped by new case numbers and slightly telegraphed by recent industry sentiments, according to data compiled by Reverse Market Insight (RMI).

Mortgages 440

Mortgages Seller concession Loans Equity 440

Inman

APRIL 8, 2024

As brokerages pivot to specialized training meant to empower buyer agents, new-home sales still provide plenty of opportunities for intrepid Realtors, development specialist Hana Cha writes.

Development 194

Development Brokerage Agents Sales 194

Housing Wire

APRIL 8, 2024

Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The Umpa suit is the only commission lawsuit in which Real has been named as a defendant. The brokerage will pay $9.25 million into a qualified settlement fund, as part of the agreement. In a press release , the brokerage noted that the settlement “does not constitute an admission of liability by Real, nor does it concede or validate any

Brokerage 395

Brokerage Agents Technology Sales 395

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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

APRIL 8, 2024

These markets offer significant price appreciation and access to outstanding amenities, presenting a potential goldmine for agents. These include metro-adjacent homes and new front-running vacation destinations.

Agents 193

Agents Marketing 193

Housing Wire

APRIL 8, 2024

The Mortgage Bankers Association (MBA)’s policy advocacy group, the Mortgage Action Alliance (MAA), is urging its members in the state of Massachusetts to support the continued use of remote telephone and video counseling for reverse mortgages in the state following the lapse of an exemption allowing for remote counseling. “The provision in state law which permitted these forms of consumer counseling on reverse mortgage loans expired on March 31st via sunset,” the call explained.

Mortgages 384

Mortgages Equity Banks Industrial 384

Inman

APRIL 8, 2024

A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it's now an unavoidable aspect of the job.

Agents 185

Agents Brokerage Marketing 185

Housing Wire

APRIL 8, 2024

United Wholesale Mortgage ’s (UWM) revenue margins “don’t stand out like” one would expect if the company was overcharging borrowers, analysts at BTIG said on Monday. The comments follow a Hunterbrook Media report from last week stating that UWM pressures brokers to send loans its way, resulting in higher costs to customers. “We think the premise of the thesis is misplaced,” Eric Hagen and Jake Katsikas wrote in the company’s weekly mortgage finance roundup.

Loans 380

Loans Loan Officer Mortgages Closing costs 380

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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

APRIL 8, 2024

Lauren Holleran, vice president at Gibson Sotheby’s International Realty, is drawn to her career in luxury real estate not only for the chance to showcase beautiful properties but also for the opportunity to help people at different stages of their lives.

Staging 172

Staging 172

Bigger Pockets

APRIL 8, 2024

As most house flippers or BRRRR landlords will tell you, paying for hard money—with high interest rates and points tacked on top—can take huge chunks of profit out of a project.

Hard money loan 132

Hard money loan Loans Investor 132

Inman

APRIL 8, 2024

The company specifically referenced a pending legal settlement that could lead to a number of changes in the way agents and brokerages make money, saying that the importance of communicating the profession’s value to consumers is paramount.

Brokerage 160

Brokerage Agents Technology Marketing 160

RIS Media

APRIL 8, 2024

Selling a home is more than a financial transaction; it’s an emotional journey. This process can stir up feelings, from excitement about prospects to sadness over leaving memories behind. Understanding and managing these emotions is crucial for staying motivated and positive. I will examine the psychological aspects of selling a home. You will see my… The post The Psychological Aspects of Selling a Home: How to Stay Positive and Motivated appeared first on RISMedia.

Development 136

Development Industrial Agents 136

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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

APRIL 8, 2024

Routine cleaning and maintenance saves both time and money, RentRedi CEO Ryan Barone writes, can retain or increase property value and attracts qualified tenants.

Agents 161

Agents 161

Brownstoner

APRIL 8, 2024

A 19th century racially integrated school in what was once the free Black community of Weeksville but is now Crown Heights will not become affordable housing as planned after all, but instead will be converted into a homeless shelter. A Brownstoner reader who noticed new windows had recently gone in… Read More > The post Historic Crown Heights School to Be Converted to Family Shelter appeared first on Brownstoner.

As-is 124

As-is Renovation Development 124

Inman

APRIL 8, 2024

Fading hopes that mortgage rates will come down in the next 12 months are primary drag on Fannie Mae's Home Purchase Sentiment Index, but job and income concerns were also up in March.

Mortgages 132

Mortgages Marketing 132

Brownstoner

APRIL 8, 2024

An early racially integrated school in what was once the free Black community of Weeksville but is now Crown Heights will not become affordable housing as planned after all, but instead will be converted into a homeless shelter. A Brownstoner reader who noticed new windows had recently gone in tipped… Read More > The post Historic Crown Heights School to Be Converted to Family Shelter appeared first on Brownstoner.

As-is 122

As-is Renovation Development 122

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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

APRIL 8, 2024

Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing.

Mortgages 137

Mortgages Marketing 137

RIS Media

APRIL 8, 2024

Above, Anthony Lamacchia (left) and Kevin Sears Massachusetts-based Lamacchia Realty has announced the acquisition of Sears Real Estate, which expands the brokerage into the Springfield, Massachusetts, market. The three-person leadership team at Sears Real Estate, which includes Managing Broker Brian Sears, Broker/Owner Dan Rodriguez and Broker/Owner Kevin Sears, who is also the current president of… The post Lamacchia Realty Expands in Massachusetts With Sears Real Estate Acquisition app

Brokerage 122

Brokerage Marketing Industrial Agents 122

Inman

APRIL 8, 2024

The acquisition of AIR Communities marks Blackstone's largest in the multifamily sector and shows a bullishness in rental housing, as well as a mentality that the commercial market may be bottoming out.

Commercial 124

Commercial Marketing 124

Eye on Housing

APRIL 8, 2024

NAHB and the Dodge Construction Network published research on the prevalence of green building in The Building Sustainably: Green & Resilient Single- Family Homes 2024 SmartMarket Brief. The research found that the overall share of home builders classifying more than half their projects as green1 is at 34% for 2023 a one-percentage point increase from.

Construction 119

Construction As-is 119

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Brokerage

RIS Media

APRIL 8, 2024

You did it. You jumped into the real estate game and now you’re “in it to win it.” That’s both exciting and challenging, especially when you’re a new agent looking to establish yourself in your market. There’s a lot ahead of you, and a lot on your to-do list. One of the best things you… The post 5 Ways to Ramp Up Referral Business as a New Agent appeared first on RISMedia.

Agents 124

Agents Marketing Development Industrial 124

Eye on Housing

APRIL 8, 2024

Residential building workers’ wage growth accelerated to 6.2% in February. After a 0.3% increase in June 2023, the year-over-year (YOY) growth rate for residential building worker wages have been trending up over the past eight months. The recent acceleration in wage growth was mainly due to the ongoing skilled labor shortage in the construction labor.

Residential 111

Residential Construction 111

Bigger Pockets

APRIL 8, 2024

Many investors assume that ownership is inherently safer than debt. I currently own equity in thousands of units and have invested six figures in real estate debts.

Equity 116

Equity Investor 116

RIS Media

APRIL 8, 2024

Real estate executives expressed overall disapproval of the National Association of REALTORS®’ (NAR) choice to settle commission lawsuits in RISMedia’s most recent Broker Confidence Index (BCI), though opinion at this early stage still seems divided both on the settlement itself, as well as what kind of adaptations are appropriate to deal with upcoming rule changes… The post Brokers Consider Major Changes, Including Cost-Cutting and M&A Post-Settlement appeared first on RISMedia.

Staging 119

Staging Industrial Agents 119

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