Housing Wire

SEPTEMBER 3, 2024

With elevated mortgage rates having persisted over the past two years, Federal Reserve Chair Jerome Powell indicated recently that a cut to the federal funds rate at this month’s meeting of the Federal Open Market Committee (FOMC) is on the table, which would likely have the effect of driving mortgage rates lower. Elevated interest rates have been part of the reality for the forward and reverse mortgage channels since the waning days of the COVID-19 pandemic.

Mortgages 420

Mortgages Equity Finance Lending 420

Real Estate News

SEPTEMBER 3, 2024

The policy, which was designed to discourage the sharing of listings via private networks outside the MLS, is being called into question.

MLS 276

MLS Design 276

Housing Wire

SEPTEMBER 3, 2024

The chief economist of Fannie Mae expects to hang up the cleats this year. Doug Duncan , who’s been the chief economist at the government-sponsored enterprise since 2008, will be retiring effective Sept. 22, according to Rob Chrisman, who first reported the news on his blog Tuesday morning. Mark Palim, the company’s deputy chief economist, will succeed Duncan as chief economist.

Mortgages 389

Mortgages Closing Marketing Finance 389

Real Estate News

SEPTEMBER 3, 2024

NAR’s latest confidence survey also suggests that buyers gained some leverage this summer, but overall sales were down.

Sales 262

Sales 262

Advertisement

Now more than ever, agents need 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

SEPTEMBER 3, 2024

In a new episode of the “Real Estate Insiders Unfiltered” podcast, John Campbell — managing director at Stephens Inc. and an equity research analyst — joins hosts James Dwiggins and Keith Robinson to chat about last month’s major changes for the real estate industry. The trio discuss the major companies that are thriving in the post-Aug. 17 market and those that still face challenges.

Industrial 390

Industrial Equity Agents Brokerage 390

Housing Wire

SEPTEMBER 3, 2024

Mortgage servicer Nationstar , doing business as Mr. Cooper , is expected to settle a lawsuit with electronic payment processing vendor ACI Payments that is related to alleged damages from unauthorized mortgage payments imposed on Mr. Cooper’s customers three years ago. The settlement notice was filed Aug. 30 in a U.S. district court in Texas.

Mortgages 364

Mortgages Banks As-is 364

Real Estate News

SEPTEMBER 3, 2024

The Keyes Company has reached an agreement in the Gibson lawsuit as the settlement fund nears $1 billion.

Brokerage 212

Brokerage 212

Housing Wire

SEPTEMBER 3, 2024

CMG Home Loans , the retail lending division of CMG Financial , announced on Tuesday the appointment of Kari Van Kleef to the position of reverse mortgage operations manager. She is one of “several industry veterans who will be directing the dedicated reverse mortgage department at CMG,” the company said. Van Kleef, who previously worked for the reverse mortgage divisions at Fairway Independent Mortgage Corp. and Movement Mortgage , has been in the broader mortgage business for about 26 years an

Loan Officer 354

Loan Officer Lending Loans Mortgages 354

Inman

SEPTEMBER 3, 2024

Anthony Lamacchia said threats of severe penalties for commission violations leveled by plaintiffs lawyer Michael Ketchmark and Consumer Advocates in American Real Estate are "unnecessary.

Agents 182

Agents MLS Brokerage 182

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.

Agents

Housing Wire

SEPTEMBER 3, 2024

Florida-based independent brokerage The Keyes Co./Illustrated Properties has joined the growing list of brokerages that have settled the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a motion to stay the case. No details of the conditions of the settlement were immediate available.

Brokerage 344

Brokerage 344

Keeping Current Matters

SEPTEMBER 3, 2024

Are you on the fence about whether to sell your house now or hold off?

249

249

Inman

SEPTEMBER 3, 2024

At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Avenue.

Agents 166

Agents Industrial Sales Brokerage 166

RIS Media

SEPTEMBER 3, 2024

Homebuyers are increasingly stretched to buy a home, and some existing homeowners are feeling the pressure of higher homeownership costs and missing mortgage payments. Overall, there is more caution in the housing market as housing indicators continue to revert to pre-pandemic trends and both buyers and investors carefully evaluate their options. Here is where the… The post 10 Things to Know About the Mortgage and Housing Markets Right Now appeared first on RISMedia.

Mortgages 124

Mortgages Marketing Investor As-is 124

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.

Brokerage

Inman

SEPTEMBER 3, 2024

In a newly created role at Rocket Pro TPO, the former Sagent CEO is tasked with winning more business from mortgage brokers by leveraging Rocket's data, technology and AI capabilities.

Technology 156

Technology Mortgages Lending 156

RIS Media

SEPTEMBER 3, 2024

Photo credit: AJ Caneria Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. As a real estate professional, attending industry events like RISMedia’s 2024 CEO & Leadership Exchange offers unlimited opportunities to expand your network and elevate… The post Social Skills: Harnessing the Marketing Power of Industry Events appeared first on RISMedia.

Industrial 117

Industrial Marketing Agents As-is 117

Inman

SEPTEMBER 3, 2024

Selling real estate under the new commission rules is like playing Red Light, Green Light on a tightrope, bicoastal agent Cara Ameer writes. Here’s how her business has been since the change.

Agents 149

Agents 149

Brownstoner

SEPTEMBER 3, 2024

An affordable housing lottery has opened for a modern-looking 13-story, 171-unit development on Flatbush Avenue. Running from Aurelia Court to Triangle Junction mall, the complex at 1634 Flatbush Avenue replaces a gas station formerly on the site. Of the 45 studio, one-, and two-bedroom apartments in the lottery for the new… Read More > The post Affordable Housing Lottery Opens for Modern Flatbush Build With $823 Units appeared first on Brownstoner.

Development 110

Development 110

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Inman

SEPTEMBER 3, 2024

WAV Group is seeking feedback from agents on the fate of the policy in a new survey ahead of the National Association of Realtors' Emerging Issues Advisory Board committee meeting Sept. 12-13.

Agents 147

Agents MLS 147

RIS Media

SEPTEMBER 3, 2024

Residential home lending saw its first gain in a year during Q2 2024, with the issuance of 1.62 million mortgages secured by residential property. This represents a 23.2% increase over the first quarter. This reporting, provided by ATTOM Data Solutions, found that lenders’ issued mortgages this quarter came out to $533 billion, 27.6% higher than… The post Home Lending Sees Big Spike in Q2 2024 appeared first on RISMedia.

Lending 120

Lending Residential Mortgages Loans 120

Inman

SEPTEMBER 3, 2024

The settlement was revealed in a new court filing, though the company has not said how much it might pay. The Keyes Company has more than 4,000 agents working across Florida.

Agents 138

Agents Brokerage Industrial 138

Seattle Times Real Estate

SEPTEMBER 3, 2024

A new Urban Institute report found only about 1 in 5 Seattle multifamily developers are led by a person of color and less than 1 in 6 are led by women.

Development 112

Development 112

Advertisement

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

Agents

Inman

SEPTEMBER 3, 2024

At the flagship Inman Connect New York in 2025 and Austin Connect this October, discover how building a robust referral network can revolutionize and future-proof your real estate business.

135

135

RIS Media

SEPTEMBER 3, 2024

The National Association of REALTORS® has announced that Tether RE won the sixth annual Pitch Battle competition at the recent 2024 Innovation, Opportunity & Investment (iOi) Summit. NAR stated that their strategic investment arm, Second Century Ventures, presented this year’s Pitch Battle in Chicago, where participating proptech startups were given the chance to demonstrate their… The post NAR Names Tether RE as Winner of the 2024 Pitch Battle appeared first on RISMedia.

Technology 117

Technology Industrial Agents 117

Inman

SEPTEMBER 3, 2024

Murdoch's Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK's largest real estate portal.

Brokerage 134

Brokerage Agents Marketing 134

RIS Media

SEPTEMBER 3, 2024

Florida-based The Keyes Company/Illustrated Properties, which describes itself as the largest independent brokerage in the state, has reached an agreement to settle commission lawsuits filed by sellers, according to a filing in federal court today. No details of the agreement were immediately released. A representative from the brokerage could not immediately be reached for comment.… The post Largest Florida Independent Brokerage Settles Commission Lawsuits appeared first on RISMedia.

Brokerage 126

Brokerage Industrial Agents 126

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.

Sales

Inman

SEPTEMBER 3, 2024

Pre-sale renovation services company Revive has made its artificial intelligence-backed property valuation product, Revive Vision AI, free to all real estate consumers.

Renovation 99

Renovation Sales Technology Marketing 99

RIS Media

SEPTEMBER 3, 2024

Realty ONE Group International announced it has surpassed 20,000 real estate professionals worldwide. The brand noted that their popularity continues to grow due to its 100% commission model and comprehensive offering of business coaching, support, tools and marketing. In two years, Realty ONE stated they have grown from locations in two countries to now 20… The post Realty ONE Group International Surpasses 20k Agents Worldwide appeared first on RISMedia.

Agents 114

Agents Branding Marketing Industrial 114

Marco Santarelli

SEPTEMBER 3, 2024

When people think of a thriving, up-and-coming city, they often overlook Houston. The city is frequently associated with oil refineries and humidity, but it has much more to offer, including a rich tapestry of culture, a vibrant economy, and a diverse community. Let’s explore seventeen compelling reasons why Houston stands out as a premier city in the United States. 17 Facts That Make Houston the Best City in America 1.

As-is 98

As-is MLS Industrial Title 98