Housing Wire

JULY 11, 2024

Mortgage rates are falling today as the CPI inflation data came in lighter than anticipated. The shelter side of the equation was a big help in today’s report. The financial markets’ dynamism was evident in the immediate reaction to the 10-year yield, which had a waterfall dive to a key critical level of around 4.20%, as shown below. With the labor market showing signs of softening and the Federal Reserve expressing concerns, the possibility of our first-rate cut in 2024 looms.

Mortgages 442

Mortgages As-is Marketing 442

Real Estate News

JULY 11, 2024

Mortgage rates dipped this week, and the latest inflation and jobs data increase the chance of a rate cut in September.

Mortgages 264

Mortgages 264

Housing Wire

JULY 11, 2024

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. At the heart of these efforts are their advanced data collection initiatives and the utilization of their all-in-one tech ecosystem for order management and field report submissions.

Lending 432

Lending Technology Industrial Loans 432

Real Estate News

JULY 11, 2024

Watch the conversation with Ed Zorn as he explains why agents don’t need to panic come Aug. 17, but they do need to hone their pitch — and negotiation skills.

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MLS Agents 203

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Agents

Housing Wire

JULY 11, 2024

RE/MAX is expanding its footprint in Salt Lake City with the acquisition of a 60-agent team. Stratus Real Estate Solutions is rebranding as RE/MAX Stratus. Owner Ernad Mehinovic believes that the support of RE/MAX will help his team boost its business. “RE/MAX has the tools and systems and resources that agents need in today’s real estate environment,” Mehinovic said in a statement.

Agents 423

Agents Branding Brokerage Closing 423

Keeping Current Matters

JULY 11, 2024

Retirement is a time for relaxation, adventure, and enjoying the things you love.

Equity 260

Equity 260

Inman

JULY 11, 2024

NAR Chief Economist Lawrence Yun told CNBC he expects mortgage rates to settle around 6 percent, a prediction he’s made before. A look back at two years of his forecasts amid a chaotic economy.

Mortgages 164

Mortgages Brokerage 164

Housing Wire

JULY 11, 2024

The Consumer Financial Protection Bureau (CFPB) has broad authority under the Equal Credit Opportunity Act (ECOA) to prohibit discrimination against credit applicants and from discouraging prospective applicants for credit. This reinforces the bureau’s enforcement authority as it wages a war against redlining , including in a case against Chicago -based Townstone Financial , according to court documents reviewed by HousingWire.

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Title As-is Finance Mortgages 404

Inman

JULY 11, 2024

Leaving Engel & Völkers, Melendez joins forces with Veronica Figueroa's leading eXp expansion team, The Fig Team, where she'll lead the team’s move into Florida's Space and Treasure Coasts.

Agents 160

Agents 160

Housing Wire

JULY 11, 2024

Not many people in any profession enjoy making cold calls to potential clients, but a venture capital-backed technology startup hopes to make it a little easier for real estate agents. Atllas is launching a new artificial intelligence tool, Cold Call AI , that the company said is designed to streamline the process of reaching out to prospective home buyers and sellers.

Technology 404

Technology Land Design Agents 404

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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

JULY 11, 2024

Overall inflation rose just 3 percent on an annual basis in June, according to Bureau of Labor Statistics. The 10-year Treasury yield, an indicator of mortgage rates, plummeted on the news Thursday.

Mortgages 145

Mortgages Brokerage 145

Housing Wire

JULY 11, 2024

The latest annual report from The Counselors of Real Estate highlights 10 major issues expected to impact the housing industry in 2024, but developers are painfully familiar with at least two of them: labor shortages and skyrocketing capital costs. Today’s market conditions help illustrate the case for green, factory building as an effective solution for developers , especially for those who’ve put projects on hold due to rising interest rates and dried up investor pools.

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Development Construction Finance Investor 404

Inman

JULY 11, 2024

Elections, interest rates and tax policies all may impact the luxury market for the remainder of the year, according to midyear reports from Christie's Real Estate and Sotheby's International Realty.

Agents 143

Agents Marketing 143

Housing Wire

JULY 11, 2024

The Appraisal Foundation , a private organization that is the de facto regulator of appraisers , has settled with the United States Department of Housing and Urban Development (HUD) over allegations that its qualification program violated the Fair Housing Act. HUD opened an investigation in December 2021 to determine whether the foundation’s Appraiser Qualification Criteria, established by the Appraiser Qualification Board (AQB), have resulted in violations of the Fair Housing Act by crea

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Principal Development Equity Industrial 402

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Brokerage

Inman

JULY 11, 2024

The median U.S. home sale price rose for the ninth consecutive week, hitting an all-time high of $397,482 during the four weeks ending July 7. A Redfin report published on Thursday said the upward climb in median sales prices contrasts with weakening homebuyer demand and elevated mortgage rates—two factors that usually lead to softening home price growth.

Sales 140

Sales Mortgages Marketing 140

Housing Wire

JULY 11, 2024

A magistrate judge overseeing requests in a case against Ginnie Mae brought by Texas Capital Bank (TCB) has granted each side’s respective requests for an extension — one for a partial summary judgment for TCB, and the other for a change in venue by attorneys for the U.S. government. This is according to court documents reviewed by HousingWire ’s Reverse Mortgage Daily (RMD).

Banks 402

Banks Bankruptcy Mortgages Lending 402

Inman

JULY 11, 2024

Real estate marketing and technology company used by more than 400,000 agents nationwide hired AI startup executive Eric Elfman in June to replace founder York Baur as CEO.

Technology 136

Technology Agents Marketing Brokerage 136

Housing Wire

JULY 11, 2024

The Consumer Price Index fell 3% in June on an annual basis, a sharper decrease than economists had anticipated. It’s a shot in the arm for the housing industry, which has been battered by several years of high interest rates as the Federal Reserve tries to tamp down inflation. The evidence that inflation is meaningfully cooling increases the likelihood that the Federal Reserve’s Open Markets Committee cuts rates in September and then at least one more time in 2024.

Banks 424

Banks MLS Mortgages Industrial 424

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Inman

JULY 11, 2024

The partnership between Thumbtack and MyMove helps link relocating families directly to the types of services so often needed when moving in and out of a home.

Technology 143

Technology Agents 143

RIS Media

JULY 11, 2024

Estate planning is arranging for the management and disposal of a person’s estate during their life and after death. It ensures your assets are distributed according to your wishes and provides financial security for your family. I will provide the following information to educate you on the process: The essentials of estate planning and its… The post Estate Planning for Family Members: A Comprehensive Guide appeared first on RISMedia.

Industrial 139

Industrial Agents 139

Inman

JULY 11, 2024

Some Northeast and Midwestern markets saw double-digit increases in median asking rent, according to new data released Tuesday.

Marketing 142

Marketing 142

RIS Media

JULY 11, 2024

The excitement of becoming a real estate agent: Helping families find the perfect forever home while sharing knowledge about the neighborhood and its history—it all sounds so simple at first. But, it takes some time to get comfortable and establish yourself in the local market as a trusted, go-to agent for all. In order to… The post 3 Tips for New Agents Looking to Make Their First Transaction appeared first on RISMedia.

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Agents Marketing Development Industrial 118

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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

Agents

Inman

JULY 11, 2024

The new Netflix show, centering on SERHANT.'s NYC agents, has been out for more than a week. Here are the jaw-dropping moments we keep circling back to mentally.

Agents 120

Agents Brokerage 120

RIS Media

JULY 11, 2024

Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year fixed rate mortgage followed suit, dropping from 6.95% last week to 6.89% this week, according to the latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday. A look at this week’s numbers: The… The post Mortgage Rates Fall; in Line with Welcomed Cooling Consumer Prices, Jobs Numbers appeared first on RISMedia.

Fixed-rate mortgage 118

Fixed-rate mortgage Mortgages Marketing Industrial 118

Inman

JULY 11, 2024

Find out how this Florida broker and his team blend SEO savvy and digital marketing with "old-fashioned hard work and sweat equity.

Equity 128

Equity Marketing Brokerage 128

RIS Media

JULY 11, 2024

Twenty years ago, Claudia Stallings’ parents decided to make the move to Knoxville, Tennessee, and she found herself helping them with their search and discovering a passion for real estate. Stallings became an agent in 2004, was a principal broker for a large branch in 2010, and became a partner and COO of Wallace Real… The post Supporting Sales Professionals Every Step of the Way appeared first on RISMedia.

Sales 117

Sales Principal Agents Development 117

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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

JULY 11, 2024

Find out how the team's three co-founders — Gary Pohrer, Nick Malinosky and Devin Kay — developed a team that spans the South Florida coastline from Jupiter to Miami Beach.

Development 144

Development Agents 144

RIS Media

JULY 11, 2024

Mortgage rates may finally start to begin a steady lower trajectory nationally following encouraging news on inflation. The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, declined 0.1% in June on a seasonally adjusted basis, after being unchanged in May, the U.S. Bureau of Labor Statistics reported… The post Biden Lauds CPI’s June Inflation Data; Lower Rates May Be on the Way appeared first on RISMedia.

Mortgages 115

Mortgages Industrial 115

Inman

JULY 11, 2024

Damian Eales told Inman his company is focused on providing high-quality leads and has plans to further leverage the network of its parent company, News Corp.

Technology 115

Technology Marketing 115

RIS Media

JULY 11, 2024

Just yesterday, I sat down to craft this blog, filled with thoughts stirred by the upcoming July Fourth celebrations—a time of year that always sweeps me back to my childhood joys. To better connect with my team, I’ve introduced an “Innerview” consisting of 18 questions we ask each other. One favorite question is, “What’s a… The post Thoughts on Leadership: Celebrating Independence Day appeared first on RISMedia.

Development 109

Development Industrial 109

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