RIS Media

DECEMBER 13, 2023

Blake Wallace started his career in real estate walking neighborhoods throughout the Minneapolis, Minnesota, area, knocking on doors of strangers’ homes and opening up conversations about couples’ plans to downsize or families’ hopes of moving into better school districts. In the nearly two decades since ringing that first doorbell, confronting an unknown face and an… The post How Market Data Helps Build Client Connections appeared first on RISMedia.

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Housing Wire

DECEMBER 13, 2023

The Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% at its last meeting of the year on Wednesday. It was the fourth pause recorded in 2023. Investors will parse Jerome Powell’s press conference this afternoon for clues about when and why the central bank might change its policy stance next year.

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Mortgages Banks Investor Industrial 526

Keeping Current Matters

DECEMBER 13, 2023

If you're thinking about moving, it's important to know what's happening in the housing market.

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Marketing 344

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. While the central bank did not completely rule out the possibility of a rate increase in 2024, that action seems unlikely. Instead, fresh economic projections from central bank officials showed rates would be slashed to a median 4.6% by the end of 2024, suggesting three 25 basis points (bps) cuts from current levels.

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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

Real Estate News

DECEMBER 13, 2023

COO Greg Hart to leave Compass as company eliminates role; Collabra Technology taps Scott Feldman as chief revenue officer; CMLS names board members.

Technology 241

Technology 241

Housing Wire

DECEMBER 13, 2023

As 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that characterized the year. They may find that relief for mortgage rates next year, according to forecasts from various industry experts compiled by HousingWire. Sales, however, may see only mild improvement in the year ahead, while prices will remain more or less historically high, the forecasters believe.

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Housing Wire

DECEMBER 13, 2023

Government sponsored enterprise Freddie Mac has approved mortgage technology company Truv for both payroll verifications and consumer-permissioned income. With the new integration, lenders will have access to the Truv platform to obtain and transmit information and data required on Freddie Mac’s Loan Product Advisor platform for the income modeling assessment without needing a third-party verification.

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Technology Loans Banks Mortgages 442

Inman

DECEMBER 13, 2023

Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman.

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Equity Residential Brokerage Agents 190

Housing Wire

DECEMBER 13, 2023

Top U.S. mortgage lender United Wholesale Mortgage (UWM) is offering discounted rates on some government loans until January for brokers to create their own “refi boom,” the company announced on Wednesday. The initiative includes three new exclusive rates – 5.749% paying 1.5 points, 5.999% paying 2 points and 6.249% paying 2.5 points – on FHA and VA refinances available to brokers until Jan. 31, 2024.

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Loans VA loan FHA loan Mortgages 456

Inman

DECEMBER 13, 2023

Realtor.com is ramping up its competition with rival portals heading into the new year as it rolls out enhanced listing-focused products for agents, Chief Marketing Officer Mickey Neuberger told Intel exclusively.

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Agents Marketing As-is Technology 182

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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.

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Housing Wire

DECEMBER 13, 2023

Compass ’ chief operating officer Greg Hart will leave the brokerage at the end of the year, according to a document filed with the Securities and Exchange Commission on Tuesday. According to the filing, Hart’s position is being eliminated and Compass will not seek to fill the vacancy. As such, Hart is entitled to receive severance benefits. Hart joined Compass in March 2020 to serve as the firm’s chief product officer, before assuming the role of chief operating officer over the summer of 2022.

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Brokerage Technology As-is Finance 431

Inman

DECEMBER 13, 2023

Federal Reserve policymakers anticipate three rate cuts by the end of next year, but many think the central bank may cut faster and harder.

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Mortgages Banks Marketing 203

Housing Wire

DECEMBER 13, 2023

Verifications provider Argyle announced an integration with the Exchange, an interconnected network of mortgage-specific service providers available to customers of the Empower loan origination system (LOS) from Dark Matter Technologies. The collaboration is aimed to make it easier for lenders to order Argyle’s verification of income (VOI) and verification of employment (VOE) reports through the Empower LOS.

Technology 431

Technology Loans Banks Mortgages 431

Inman

DECEMBER 13, 2023

Demand for purchase mortgages has picked up in five out of the past six weeks, and applications to refinance have roared back, jumping 27 percent from a year ago.

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Mortgages Marketing 185

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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.

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Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. It also has been a brutal year for the secondary market that creates liquidity for mortgage lenders as greatly reduced mortgage originations, liquidity challenges and interest rate volatility have played havoc in the whole-loan trading as well as the private-label and agenc

Mortgages 418

Mortgages Marketing Banks Investor 418

Inman

DECEMBER 13, 2023

Lionetti said he believes Real's model is the future of the industry. His business partner, Anna Oliver, will be moving from The Agency to Real, too.

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Industrial Brokerage Agents 183

Housing Wire

DECEMBER 13, 2023

Rocket Homes is looking to make your daily commute part of your home search experience. The company announced Tuesday that the Rocket Homes iOS app is now available on the infotainment screen of a user’s car via Apple CarPlay. According to the release, homes listed for sale can be seen by users in the “Nearby” tab of the app on CarPlay. By tapping the listing users can easily get directions to the home, call an agent or save the listing in their “Favorites.

Technology 405

Technology Agents Sales As-is 405

Inman

DECEMBER 13, 2023

Using a floor plan generated by artificial intelligence, families can now explore every nook and cranny of Santa Claus' house, which is currently valued at $1.18 million.

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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

Housing Wire

DECEMBER 13, 2023

The Mortgage Bankers Association (MBA) and the National Mortgage Servicing Association (NMSA) are expressing their views on a recently revised Federal Housing Administration (FHA) loss mitigation proposal, stating that it needs additional adjustments to effectively address the challenges it is designed to tackle. The proposed policy FHA in May submitted — and in November, updated — a draft Mortgagee Letter (ML) to the Single Family Drafting Table , an online portal for stakeholders to review pro

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Principal Mortgages Design Industrial 341

Inman

DECEMBER 13, 2023

Integration with Apple CarPlay turns the commute "into an exciting and natural part of the homebuying journey" — unless you drive a Tesla.

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Technology Mortgages 172

Bigger Pockets

DECEMBER 13, 2023

Housing prices have hardly let up over the past few years, and rising rates have made buying real estate even more expensive. Will we see any relief next year, though? Here's what you need to know.

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Inman

DECEMBER 13, 2023

OneKey MLS's purchase of broker-owned Mid-Hudson MLS is expected to close in January. OneKey says it will provide more data and reach to agents while saving time and money.

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MLS Agents Closing 154

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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.

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Eye on Housing

DECEMBER 13, 2023

The Federal Reserve’s monetary policy committee held the federal funds rate constant at a top target rate of 5.5% at the conclusion of its December meeting. The Fed will continue to reduce its balance sheet holdings of Treasuries and mortgage-backed securities as part of quantitative tightening and balance sheet normalization. Marking a third consecutive meeting holding the federal funds rate.

Mortgages 124

Mortgages 124

Inman

DECEMBER 13, 2023

Selling detached or single-family condominiums comes with a host of unusual issues. Trainer Bernice Ross shares how it works and what you need to know to provide expert service to your clients.

Agents 140

Agents Marketing 140

RIS Media

DECEMBER 13, 2023

Buyer demand is a constantly changing influence in luxury real estate, where affluent consumers are often the perpetrators and influencers of new trends. Selling a luxury property in the current market requires that you know how to highlight the home’s unique attributes and how to maximize its potential value to prospective buyers. The luxury market… The post Connecting the Dots between Buyers and Sellers appeared first on RISMedia.

Marketing 126

Marketing Staging Industrial 126

Inman

DECEMBER 13, 2023

Have you made your wishlist for the holidays? Are you looking for some shiny objects or something a little less tangible this year?

Agents 155

Agents 155

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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.

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HomeLight

DECEMBER 13, 2023

Selling your existing San Diego home while trying to purchase a new one can feel insurmountable. This can be especially tough as the San Diego market is plagued by notoriously low inventory and high prices. You might think your only choice is to sell your current home, find a temporary place to live, and search for your new house. But there’s an alternative you probably haven’t considered — a bridge loan.

Equity 119

Equity Loans Debt-to-income ratio Home sale contingency 119

RIS Media

DECEMBER 13, 2023

December industry predictions for the upcoming year can be fairly same-old, same-old. Forecasters will have mortgage rates rising or falling, while guesstimating sales and inventory to be strong or weak. Of course no one can say for sure what will happen within the residential real estate realm, as inflation patterns, Fed decisions and housing inventory… The post Buffini, Yun Predict Big Mortgage-Rate Drop and Housing Rebound in 2024 appeared first on RISMedia.

Mortgages 119

Mortgages Residential Industrial Sales 119

Eye on Housing

DECEMBER 13, 2023

Per the Mortgage Bankers Association’s (MBA) survey through the week ending December 8th, total mortgage activity increased 7.4% from the previous week, and the average 30-year fixed-rate mortgage (FRM) rate fell 10 basis points to 7.07%. The FRM rate has decreased by 54 basis points over the past month.

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Fixed-rate mortgage Mortgages Loans Marketing 116

HomeLight

DECEMBER 13, 2023

Purchasing a new home in Miami, especially when trying to sell your old home, can be difficult. Balancing limited time and finances may feel impossible in a market where inventory is tight and prices continue to rise. You might think your only option is to sell your current home, temporarily relocate, and then begin the hunt for your dream house. But there’s another option that you probably haven’t considered: a bridge loan.

Equity 116

Equity Loans Debt-to-income ratio Home sale contingency 116

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