Housing Wire
FEBRUARY 14, 2024
Real estate investors purchased 26.1% of the lowest-priced homes for sale in the U.S. in the fourth quarter of last year, according to a report by Redfin. It was the highest share ever recorded and was up from 24% in Q4 2022. By comparison, investors purchased 13.6% of the mid-priced homes (compared to 14.3% a year earlier) and 15.9% of the high-priced homes (compared to 15.4% a year earlier).
Keeping Current Matters
FEBRUARY 14, 2024
Chances are at some point in your life you’ve heard the phrase, home is where the heart is.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
FEBRUARY 14, 2024
If you’re going to take the time to brand yourself, take steps to protect that brand. While you might not need it in the short term, it can pay dividends down the road. I am a big believer in developing a brand for your real estate business from Day One. I’m talking about more than naming yourself John Doe Realty and ripping a logo off of Canva. To me, branding a company is a chance to define yourself for the market and build a recognizable and memorable identity.
Real Estate News
FEBRUARY 14, 2024
CEO Rich Barton was bullish despite the challenging housing market, predicting double-digit revenue growth this year during a Feb. 13 earnings call.
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.
Housing Wire
FEBRUARY 14, 2024
Guild Mortgage ’s acquisition of Academy Mortgage Corp. is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in an exclusive interview with HousingWire. With the acquisition of Academy, Guild will be onboarding nearly 200 branches and 1,000 new employees, about 600 of which are loan officers.
Real Estate News
FEBRUARY 14, 2024
Supply hasn’t kept pace with population growth, driving up prices for starter homes — and pushing first-time buyers out of the market.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
FEBRUARY 14, 2024
Three mansions worth $12 million to $16 million in California are at risk of falling into the ocean after a post-storm landslide eroded cliffs in Dana Point. The story has sparked conversations about climate change and rising home insurance costs in the state.
Housing Wire
FEBRUARY 14, 2024
Kayla Lee of SERHANT. successfully closed on the sale of this luxury, 4,700-square-foot property on Park Avenue on the Upper East SIde of Manhattan for $13 million. Working in real estate sales for a few years, and now you want to challenge yourself and raise the stakes? You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market.
Inman
FEBRUARY 14, 2024
Lenders won't be required to use the more inclusive FICO Score 10T and VantageScore 4.0 scoring models before next year, but several are already using them to expand the pool of borrowers.
Housing Wire
FEBRUARY 14, 2024
The housing market is heating up as the spring buying season approaches. Well-priced homes are selling fast, often within 29 days, and that time frame is bound to shorten as the shopping season opens, according to Zillow ’s January market report. Meanwhile, other homes are lingering on the market for months and driving up the typical age of listings on Zillow to 72 days.
Advertisement
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.
Inman
FEBRUARY 14, 2024
Beverly Hills Estates, led by Branden and Rayni Williams, is fighting for buyer agent Michelle Graci's right to an agreed-upon 50 percent of the deal's broker commission after seller Ronen Nahum alleged misconduct.
Housing Wire
FEBRUARY 14, 2024
Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. Buy before you sell (BBYS) products may be the answer. Jeremy Foster, founder and chairman of Calque offers an explanation of this process and how it differs from the traditional homebuying process.
Inman
FEBRUARY 14, 2024
Atlas Data Privacy Corp. alleges the companies disclosed home addresses and unpublished home phone numbers for judges, police officers, prosecutors and their families.
Housing Wire
FEBRUARY 14, 2024
Mortgage demand was weaker last week as interest rates moved higher across the board. Mortgage applications decreased by 2.3% on a seasonally adjusted basis during the week ending Feb. 9, according to the Mortgage Bankers Association ’s (MBA) weekly mortgage applications survey. “Purchase applications remained subdued as elevated rates continue to add to affordability challenges along with still-low existing housing inventory,” Joel Kan, MBA’s vice president and deputy chief economist, said in a
Advertisement
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.
Inman
FEBRUARY 14, 2024
Cultivating efforts that improve Black homeownership rates, broker-owner Jemila Winsey writes, requires Black real estate professionals to take on leadership positions.
Housing Wire
FEBRUARY 14, 2024
As reverse mortgage industry professionals continue to look ahead into 2024 after enduring a challenging year for business in 2023, the prevailing attitude is optimistic. Recently, the president of the industry’s leading lender discussed her eagerness to go back on “offense” this year, while loan originators across the country also shared that business seems to be off to a strong start in the early days of the year.
Inman
FEBRUARY 14, 2024
It's time for brokerages and teams to rethink how they support their agents, consultant Chris Pollinger writes, ensuring they are equipped to succeed in today's competitive landscape.
Housing Wire
FEBRUARY 14, 2024
Government-sponsored enterprise (GSE) Freddie Mac reported a 65% annualized increase in income stemming from its single-family mortgage programs in fourth-quarter 2023, along with a 13% increase in net income for the full year, according to quarterly and annual earnings reports released on Wednesday. The full-year profit for 2023 reached $10.5 billion, the report stated.
Advertisement
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.
Inman
FEBRUARY 14, 2024
Investors in these lower-income "opportunity zones" receive tax incentives for improvements. And 2 in 5 of these neighborhoods saw a disproportionately large rise in home prices in late 2024.
Housing Wire
FEBRUARY 14, 2024
CoreLogic is expanding its strategic alliance with Google Cloud , the company announced on Wednesday. The data provider will leverage the artificial intelligence capabilities of Google Cloud’s enterprise AI platform, Vertex AI. The new phase of the collaboration will help CoreLogic make the most of its property datasets by leveraging new machine learning models.
Inman
FEBRUARY 14, 2024
Rogers, a 17-year industry veteran, has left Compass after about five years. In 2012, Rogers co-represented the buyer of one of New York City's priciest-ever co-op purchases, a $50 million Fifth Avenue unit.
Housing Wire
FEBRUARY 14, 2024
Are you interested in pursuing or advancing a real estate career? If you’re new to real estate, you must complete a state-approved course and pass your state’s licensing exam. The number of required class hours varies according to state law. Aceable Agent is an online real estate school that offers self-paced real estate courses designed for mobile app and web.
Advertisement
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.
Inman
FEBRUARY 14, 2024
Although 26 percent of low-cost homes were purchased by investors during the last three months of 2023, the share of homes bought by investors fell.
Housing Wire
FEBRUARY 14, 2024
Pueblo County, Colorado, which encompasses an estimated population of about 170,000 people in and around the city of Pueblo, is sounding the alarm over potential fraud by creating a new alert system designed specifically to protect property owners. The announcement was made by the Pueblo County Clerk and Recorder’s Office and reported on by the Pueblo Chieftain newspaper and a local NBC News affiliate.
Inman
FEBRUARY 14, 2024
Second-home solution Pacaso studied 10 of the most active counties in the country for co-ownership and found the trend grew by 21 percent in 2023. The pace of co-owned closings correlates with a rise in Housing Price Index (HPI) in those counties.
Housing Wire
FEBRUARY 14, 2024
The Community Home Lenders of America (CHLA) wants the three major credit bureaus — Equifax , Experian and TransUnion — to restore the pricing discounts that had been in place for soft credit pulls. At the end of 2023, each of the credit bureaus announced that they were ending pricing discounts for soft credit pulls. Lenders were advised that a soft credit pull will effectively be priced the same as a hard credit pull based on the equalization of pricing in 2024.
Advertisement
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.
Inman
FEBRUARY 14, 2024
Lender survey shows applications from homebuyers is down 12 percent from a year ago, as mortgage rates continue to rebound from December lows on stubborn inflation data.
Housing Wire
FEBRUARY 14, 2024
Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report , analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates three or four times this year. According to those analysts, lenders may have sold their mortgage servicing rights (MSRs) throughout 2023 to increase short-term liquidity, putting them at a disadvanta
Inman
FEBRUARY 14, 2024
History has repeatedly shown us that ideal market conditions make April the prime time for selling a home, characterized by above-average prices, strong buyer demand, quick sales, and less competition.
Bigger Pockets
FEBRUARY 14, 2024
This credit card already rewards renters for paying rent, but there's also a down payment and mortgage program on the way, leading investors to think that this could become a huge deal for their businesses.
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.
Expert insights. Personalized for you.
520 
Let's personalize your content