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 476

Mortgages As-is Marketing 476

Keeping Current Matters

JULY 11, 2024

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

Equity 324

Equity 324

Housing Wire

JULY 11, 2024

Despite concerns from housing and mortgage industry trade groups, the Federal Housing Finance Agency (FHFA) on Thursday announced the release of VantageScore 4.0 historic credit data, a step that is designed to ease the transition to new credit reporting requirements by the end of next year. The datasets released Wednesday are tied to single-family mortgages purchased by Fannie Mae and Freddie Mac from April 2013 through March 2023.

Finance 443

Finance Loans Mortgages Industrial 443

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 260

Mortgages 260

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

JULY 11, 2024

Fintech firms Rocktop Technologies and LiquidFi on Thursday announced a milestone in their business partnership that was formed earlier this year. Rocktop — a software-as-a-service (SaaS) company that works to improve yields for institutional investors , asset managers and other participants in the fixed-income and mortgage markets — has now placed more than $60 billion in unpaid principal balance (UPB) on its data management platform.

Due diligence 432

Due diligence Mortgages Investor Technology 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.

MLS 198

MLS Agents 198

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 179

Mortgages Brokerage 179

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 442

Lending Technology Industrial Loans 442

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 174

Agents 174

Housing Wire

JULY 11, 2024

A wide-ranging and multigenerational survey about retirement confidence in the U.S. found that while general confidence has risen over the past year, most Americans remain concerned that their savings will not be able to keep up with their needs in retirement. The Read on Retirement survey, conducted by BlackRock , enlisted perspectives from members of the millennial , Gen X and baby boomer generations.

As-is 427

As-is Marketing Finance 427

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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

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 173

Mortgages Brokerage 173

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.

Title 427

Title As-is Finance Mortgages 427

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 171

Agents Marketing 171

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 423

Technology Land Design Agents 423

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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

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 165

Sales Mortgages Marketing 165

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.

Development 421

Development Construction Finance Investor 421

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 164

Technology Agents Marketing Brokerage 164

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

Principal 400

Principal Development Equity Industrial 400

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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

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 167

Technology Agents 167

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 399

Banks Bankruptcy Mortgages Lending 399

Inman

JULY 11, 2024

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

Marketing 169

Marketing 169

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 452

Banks MLS Mortgages As-is 452

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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

By identifying a niche market and connecting with renters there, multifamily investors can build a successful business while providing renters with what they seek most, Michael Zaransky writes.

Investor 178

Investor Marketing Agents 178

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 143

Industrial Agents 143

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 140

Agents Brokerage 140

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 122

Sales Principal Agents Development 122

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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

Brokerage

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 173

Development Agents 173

HomeLight

JULY 11, 2024

Planning to invest in Baltimore’s opportunity-rich real estate market? Whether you’re flipping a historic property in Mount Vernon or securing a rental in Canton, hard money lenders in Baltimore provide the fast funding necessary to keep your projects moving forward. A hard money loan is ideal for those who need quick access to cash, regardless of credit history or traditional lending hurdles.

Hard money loan 115

Hard money loan Investor Home sale contingency Loans 115

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 141

Equity Marketing Brokerage 141

HomeLight

JULY 11, 2024

Are you searching for financing options for your next real estate investment in San Jose? Whether you’re eyeing a fixer-upper in Willow Glen or planning to invest in rental properties near Santana Row, hard money lenders in San Jose offer a speedy and flexible financing option. A hard money loan can be a lifeline for investors with tight timelines, limited upfront capital, or less-than-perfect credit.

Finance 115

Finance Hard money loan Home sale contingency Loans 115

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