Housing Wire

JUNE 24, 2024

Inventory grew by almost 14,000 homes this week. That’s a pretty solid number, but actually fewer than our model had predicted for the week. Available inventory of unsold homes continues to grow but that growth in seems a bit less intense than it could be. The sales rate — the demand side — is slower than I expected. It looks like we’re heading back to those conditions of the second half of 2022 where inventory grew rapidly, but any real downside correction was mitigated with a withdrawal of sup

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Mortgages Sales Marketing As-is 458

Real Estate News

JUNE 24, 2024

The associations that own the 16th-largest MLS surprised its leaders with a deal that “scared the absolute hell out of us,” REcolorado’s vice chair said.

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Equity MLS 359

Housing Wire

JUNE 24, 2024

The forms the California Association of Realtors provides its members are the subject of a formal inquiry by the Department of Justice , according to an email the trade group sent to “industry leaders” on Thursday, obtained by HousingWire. In the email sent by Melanie Barker, the president of CAR and Sara Sutachan, the senior vice president and chief strategy officer at CAR, Barker and Sutachan noted that CAR issues new and updated standard forms every June.

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Keeping Current Matters

JUNE 24, 2024

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Housing Wire

JUNE 24, 2024

Mortgage rates continue to hover around 7%, as they have since the latter half of 2023 when the Federal Reserve stopped raising benchmark rates. While the conventional wisdom is that high rates are choking the housing market, a new survey suggests it’s not as all-encompassing as one might think. Bright MLS — one of the nation’s largest multiple listing services that covers six Mid-Atlantic states and the District of Columbia — recently polled buyer and seller agents on what their clients a

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MLS Mortgages Equity Agents 418

Real Estate News

JUNE 24, 2024

Inside Real Estate pulls together kvCORE and other products into BoldTrail; Collabra joins CoreLogic Real Estate Alliance Network; and more tech news.

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Real Estate News

JUNE 24, 2024

The plaintiffs argue that the proceedings should move forward, but the DOJ wants to delay approval of the deal until after NAR’s Nov. 26 settlement hearing.

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MLS 214

Housing Wire

JUNE 24, 2024

In an era where businesses are increasingly expected to contribute to the well-being of their communities, finding the sweet spot between local engagement and national growth can feel like an impossible challenge. However, tailoring your business model to resonate with the communities you serve builds trust and unlocks benefits such as heightened brand visibility and sustained growth.

Branding 397

Branding Mortgages Industrial As-is 397

Inman

JUNE 24, 2024

Fannie Mae on Friday slashed its 2024 forecast as a result of weak spring home sales, but listings are returning to the market and mortgage rates look poised to drop, according to new projections.

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Sales Mortgages Marketing Agents 194

Housing Wire

JUNE 24, 2024

United Wholesale Mortgage (UWM) is fighting back against a group of borrowers who filed a class-action lawsuit in April that accuses the lender of structuring a “corrupt” scheme with brokers to steer loans. On Friday, the top U.S. mortgage lender filed a motion to dismiss the case with prejudice in a district court in Michigan, stating that the suit “reflects an unprecedented and coordinated effort to smear” the defendants and “benefit market speculators.

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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

Inman

JUNE 24, 2024

The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors' commission settlement, according to a new Inman analysis.

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MLS 189

Housing Wire

JUNE 24, 2024

An executive refinance banker formerly employed by Rocket Mortgage is suing the company for treating her unfairly in the workplace. She alleges that the company refused a transfer request, cut her salary and demoted her when similarly situated white male employees were not given similar treatment, according to court documents reviewed by HousingWire.

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Title Equity Mortgages As-is 397

Inman

JUNE 24, 2024

Every productive real estate professional follows a unique path to success. For some, it’s in the company of like-minded go-getters who share the same passion for achieving goals. That’s where real estate teams come into play.

Agents 189

Agents 189

Housing Wire

JUNE 24, 2024

It appears the commission lawsuits are not the only legal action in the real estate industry that’s currently of interest to the Department of Justice. On Thursday, the DOJ filed an amicus curiae brief with the Ninth Circuit Court of Appeals, which is overseeing REX Real Estate’s appeal of its antitrust suit against the National Association of Realtors and Zillow.

MLS 397

MLS Brokerage As-is Design 397

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Brokerage

Inman

JUNE 24, 2024

Recent legal changes have shaken up consumers’ perception of the crucial role buyers agency plays. Without a buyer's agent, consumers, especially those in underrepresented groups are at a very real risk of not achieving their homebuying goals.

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Agents 174

Housing Wire

JUNE 24, 2024

Nominations for the 2024 HousingWire Insiders award are open throughout the month of June. This prestigious award recognizes the operational leaders who are driving the growth and success of their organizations behind the scenes. Over the years, Insiders have shared how this recognition has positively impacted their careers and professional growth. Here’s what some of the previous honorees had to say about the recognition: “ Receiving the HousingWire Insiders award has profoundly impacted

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Industrial Technology Mortgages Development 396

Real Estate News

JUNE 24, 2024

The global brokerage reached an agreement with home sellers last week, according to a court filing.

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Brokerage 168

Housing Wire

JUNE 24, 2024

The Seattle area is a hot housing market. According to Zillow , the average home price in the Emerald City is currently $884,828 , up 4.3% year over year. As home values have risen sharply, this has made the conundrum facing the area’s seniors more difficult to navigate: If they need to downsize, they may not be able to move into a home in their price range, much less be able to obtain a mortgage at a rate that can be easily absorbed on a fixed income.

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Renovation Construction As-is Mortgages 395

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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

JUNE 24, 2024

Keller Williams team leader and LGBTQ+ Real Estate Alliance founding member Tom Wheeler hosted Canyon County, Idaho's first-ever Pride event on June 9. Here's the story of how the 4,000-person event came to life.

Agents 167

Agents Marketing 167

Housing Wire

JUNE 24, 2024

Hilton Head, South Carolina-based “borderless” MLS REsides is joining firms like MLS Property Information Network and Northwest MLS by not opting into the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement. The non-Realtor-owned MLS announced its decision to opt out on Monday. MLSs had until June 18 to opt in to the settlement through a pathway negotiated by NAR as part of its agreement.

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MLS Industrial Agents Design 394

Inman

JUNE 24, 2024

Want some fast, simple ideas for powering your marketing through a summer slowdown and pumping up the volume on your pipeline? Agent Johnathon Pressman has you covered.

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Agents Marketing 167

Housing Wire

JUNE 24, 2024

The Independent Community Bankers of America (ICBA) issued a statement on Monday that opposes the conditional approval of Freddie Mac ’s plan to buy closed-end second mortgages. The plan was approved on Friday by Freddie Mac’s regulator, the Federal Housing Finance Agency (FHFA), which said that it reached the decision to begin the pilot program following a public comment period and “thoughtful engagement from public stakeholders.“ “The limited pilot will allow FHFA to explore whether this close

Mortgages 393

Mortgages Equity Banks Loans 393

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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

JUNE 24, 2024

Attorneys for the plaintiffs in a case now known as Moratis stress that NAR's proposed settlement won't stop "a key element of the antitrust conspiracy" and might take years to go into effect.

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MLS 149

Housing Wire

JUNE 24, 2024

Top 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths. In addition to offering a proprietary reverse mortgage product option and transitioning last year from a broker to a direct lender , the company is focusing on its core business while staying engaged with the broader industry dynamics. South River president Tyler Plack recently discussed the elements of business in the current market environment with HousingWire ’s Reverse Mortgage Daily (RMD).

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Mortgages Equity Lending Industrial 384

Inman

JUNE 24, 2024

Agents are seeking new strategies to grow their businesses and provide enhanced value to their clients. One such approach is exploring different business models, including the co-ownership of vacation homes. Marnie Blanco, Pacaso, and Josh Dotoli, Compass, sit down to share insights on how agents can effectively expand their reach in this week's new Inman Access class.

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Marketing Agents 146

RIS Media

JUNE 24, 2024

Pricing a condo correctly is essential for a successful sale. I will guide you through detailed, actionable steps to ensure your condo is priced right. You will learn the following information which will help you price your condominium appropriately based on the current real estate market: How to conduct a comprehensive market analysis. The importance… The post How to Price a Condo Correctly appeared first on RISMedia.

Sales 139

Sales Marketing Industrial 139

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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

JUNE 24, 2024

"The judge's decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional," the DOJ's filing states. The brief may give REX a new leg up in its case.

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MLS Brokerage 141

Bigger Pockets

JUNE 24, 2024

RealPage has been accused of price fixing in Atlanta, bringing the DOJ into housing affairs.

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Inman

JUNE 24, 2024

It's tough to recruit from franchises, but that's where opportunity may lie, according to an analysis of Intel responses from 610 agents. Intel helps craft the right pitch to draw agents mulling a pivot.

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Agents Brokerage 140

Bigger Pockets

JUNE 24, 2024

We all want these four basic freedoms in some way. Here's how to earn them.

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