Housing Wire

APRIL 12, 2024

The ongoing lack of housing affordability is prompting more renters to doubt their ability to become homeowners. According to a recent Redfin survey , nearly 40% of U.S. renters don’t believe in their ability to ever own a home, up from roughly 27% less than a year ago. While lack of affordability is the dominant reason for renters to believe they’re unlikely to become homeowners, nearly half of renters feel that available homes are too expensive.

Pre-approval 484

Pre-approval Equity Mortgages Sales 484

Keeping Current Matters

APRIL 12, 2024

If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.

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Housing Wire

APRIL 12, 2024

Job recruiters in the South are facing hurdles to attract skilled professionals from the Midwest despite offering competitive compensation packages, according to a Bloomberg report published Friday. That’s because many of these potential hires are locked into super-low 30-year mortgages. During the fourth quarter of 2023, the proportion of job seekers in the U.S. who relocated for employment dwindled to a mere 1.5%.

Mortgages 475

Mortgages Finance 475

Real Estate News

APRIL 12, 2024

The ruling leaves open the possibility of consolidation after settlements have concluded. But in the meantime, cases that had been on pause can move forward.

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Housing Wire

APRIL 12, 2024

Wells Fargo and JPMorgan Chase usually open the quarterly earnings seasons in the mortgage space, giving analysts something to chew on before nonbanks release their financial reports. In the first quarter of 2024, the big banks showed a challenging reality for originations. The banks’ Q1 2024 earnings, released on Friday, showed declining home loan volumes compared to the prior quarter — and executives believe that the macroeconomic landscape will remain tough in the months to come.

Mortgages 467

Mortgages Banks Fixed-rate mortgage Lending 467

Real Estate News

APRIL 12, 2024

Top Agent Network is asking for an October 2025 trial date in the dispute over the National Association of Realtors’ Clear Cooperation policy.

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Agents 210

Real Estate News

APRIL 12, 2024

Attorneys argued that the home sellers “should not have to wait indefinitely to defend their verdict on appeal” and provided details about the case’s timeline.

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Housing Wire

APRIL 12, 2024

The Multidistrict Litigation panel has denied a motion for nine of the commission lawsuits to consolidate. In a decision filed on Friday, Judge Karen Caldwell, who is the chair of the MDL panel, wrote that after hearing arguments from all parties involved, the panel concluded that “centralization is not necessary at this time for the convenience of the parties and witnesses or to further the just and efficient conduct of the litigation.

Industrial 450

Industrial Agents As-is Finance 450

Real Estate News

APRIL 12, 2024

Stellar MLS expands voice search capabilities; NorthstarMLS launches RESO web API; T3 Sixty announces Tech Summit plans.

MLS 194

MLS 194

Housing Wire

APRIL 12, 2024

Reverse mortgage industry professionals have spoken for months about the consequences of high interest rates on their ability to pursue business, and now AARP has taken a closer look at the impacts. While higher rates are bad news for the mortgage industry in a broad sense, the impact on reverse lending is more nuanced, Bruce Simmons of American Liberty Mortgage in the Denver area explained to AARP.

Mortgages 447

Mortgages Equity Lending Industrial 447

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

APRIL 12, 2024

Thirty-eight percent of renters don't believe they will ever own a home — up from 27 percent less than a year ago, according to Redfin.

Mortgages 181

Mortgages Marketing 181

Housing Wire

APRIL 12, 2024

As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on deriving the benefits while avoiding potentially catastrophic risks.” That’s one of the key conclusions reached by the BlackFin Group in a recently published white paper, “Artificial Intelligence (AI) in Mortgage Banking.

Industrial 446

Industrial Technology Banks Mortgages 446

Inman

APRIL 12, 2024

Real estate professionals have been seeking answers since Wednesday, when many lost access to their personal websites, lead services and other tools provided by Boomtown, agents told Inman.

Agents 181

Agents Technology Brokerage 181

Housing Wire

APRIL 12, 2024

Stellar MLS , the third-largest MLS in the country, has expanded its partnership with artificial intelligence company Lundy Inc. , Stellar announced on Thursday. Powered by Amazon’s Alexa products, Lundy offers a voice-activated property search engine, allowing real estate professionals and homebuyers to navigate home listings using their voice. Lundy’s “Finding Homes” feature will be accessible to all Stellar MLS customers, including those in Florida and Puerto Rico, where Stellar serves as the

MLS 445

MLS Agents As-is Technology 445

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Brokerage

Inman

APRIL 12, 2024

A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request.

Brokerage 179

Brokerage Agents 179

Housing Wire

APRIL 12, 2024

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Marketing Leaders are open until April 30, 2024. Click here to nominate someone from your organization today. If there’s one word to describe today’s successful marketers in mortgage and real estate it’s “adaptable.

Loan Officer 352

Loan Officer Loans Lending Residential 352

Inman

APRIL 12, 2024

Tune in for an engaging discussion surrounding the latest trends, predictions and insider knowledge on the 2024 housing market to help you make informed decisions with confidence.

Marketing 175

Marketing Agents 175

Bigger Pockets

APRIL 12, 2024

How did this syndicator, with all of its promise and potential, fall from grace after several investors claimed they were burned? BiggerPockets set out to find out what went wrong, how it went wrong, and what it means to other investors.

Investor 133

Investor 133

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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

APRIL 12, 2024

Most new franchisees signing up for Motto's "mortgage brokerage-in-a-box" solution are real estate brokerages and teams that aren't affiliated with RE/MAX.

Mortgages 163

Mortgages Brokerage 163

Bigger Pockets

APRIL 12, 2024

With home prices and interest rates still at record highs and inventory squeezed, homebuyers and real estate investors may be better off purchasing a fixer-upper in some cities.

Investor 132

Investor Marketing 132

Inman

APRIL 12, 2024

The estate is being listed by Branden and Rayni Williams of The Beverly Hills Estates for $55 million as it simultaneously prepares to head to a no-reserve auction with Concierge Auctions from May 9 through May 23.

As-is 152

As-is 152

Bigger Pockets

APRIL 12, 2024

Whenever I hop on a conference call, someone asks, “Where are you located?” And then their eyes widen when I respond, “Lima, Peru.

Investor 132

Investor Property Management 132

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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

APRIL 12, 2024

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 151

Brokerage Agents 151

RIS Media

APRIL 12, 2024

Citing the recent National Association of REALTORS® (NAR) settlement agreement, a panel of judges today denied an attempt by plaintiffs in commission-focused class action lawsuits to consolidate all the copycat cases under one judge, saying that the “procedural posture of the litigation” makes that effort inappropriate. “After settlement proceedings conclude, and it becomes evident how… The post Judges Deny Lawsuit Consolidation Effort, Leaving Commission Cases Scattered appeared first on

Industrial 128

Industrial Agents 128

Coldwell Banker

APRIL 12, 2024

Coldwell Banker Real Estate Continues to Expand Horizons Globally and Maintains Strong Partnerships Domestically The post Coldwell Banker Brand Announces Q1 Achievements appeared first on Coldwell Banker Blue Matter.

Branding 121

Branding 121

RIS Media

APRIL 12, 2024

Home prices have been the bane of the real estate news cycle for a while now, bringing a damper on the home-buying market. However, recent data shows that home prices really might not have kept buyers out as much as was thought. A new report from LendingTree found that from 2012 to 2022 homeownership rates… The post Homeownership Rates Have Increased, Despite Prices appeared first on RISMedia.

Marketing 128

Marketing Industrial 128

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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

Marco Santarelli

APRIL 12, 2024

The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years , potential homebuyers and current homeowners are keenly interested in how these rates might fluctuate, impacting affordability and the housing market at large. Current Trends and Forecasts for Next 5 Years Recent analyses and expert forecasts suggest a period of fluctuation in mortgage rates in the United States.

Mortgages 116

Mortgages Fixed-rate mortgage Loans Closing costs 116

RIS Media

APRIL 12, 2024

More national real estate franchises are beginning to take marketing measures into their own hands rather than using agencies for hire on a contract basis, RISMedia’s 2024 Agent & Broker Marketing Study found. Drilling down further, the study also found that the average size of an in-house marketing team nearly doubled between 2022 and 2023… The post Exploring the Shift Toward In-House Marketing Teams appeared first on RISMedia.

Marketing 124

Marketing Agents Branding Industrial 124

HomeLight

APRIL 12, 2024

Selling your home in Chicago can be tricky, but one thing you might not have considered is the real estate transfer tax. These taxes are assessed whenever a property changes hands, acting as a charge for transferring the property title from the seller to the buyer. These taxes can affect your bottom line, so it’s important to have a strong understanding of what you might pay in your market.

Homeowner’s association 113

Homeowner’s association Title Closing costs Closing 113

RIS Media

APRIL 12, 2024

While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The dip, however, is not any cause for concern, according to experts. Consumer sentiment fell 1.9% in April, following a 0.5% decrease in March. These drops come after a strong start to 2024, with a 0.8%… The post Consumer Sentiment Continues to Fall in April appeared first on RISMedia.

Industrial 124

Industrial Marketing 124

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