Housing Wire

SEPTEMBER 12, 2024

Home equity continued to rise in the second quarter of 2024 as residential properties with mortgages collectively gained $1.3 trillion in equity over the past year. But growth began to slow during these three months, according to the CoreLogic Homeowner Equity Insights report published on Thursday. The aggregate equity gain was 8% year over year, bringing total equity on mortgaged properties to more than $17.6 trillion at the end of Q2 2024.

Equity 475

Equity Mortgages Residential As-is 475

Real Estate News

SEPTEMBER 12, 2024

The downward trend hasn’t fired up buyers (yet), but predictions of more cuts this year could move rates closer to 5% and amp up the market next spring.

Mortgages 279

Mortgages Marketing 279

Housing Wire

SEPTEMBER 12, 2024

Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season. That’s according to a Zillow report released Thursday in which the Seattle -based real estate company said that “lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year.“ Zillow noted that the U.S. median monthly mortgage payment in August had declined by mo

Marketing 468

Marketing Mortgages Loans Sales 468

Keeping Current Matters

SEPTEMBER 12, 2024

Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process.

Closing costs 245

Closing costs Closing 245

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Housing Wire

SEPTEMBER 12, 2024

In a recent episode of the “Real Estate Insiders Unfiltered” podcast, co-hosts James Dwiggins and Keith Robinson chat with HousingWire Lead Analyst Logan Mohtashami to discuss a variety of issues — including pending concerns of a recession , mortgage rates and housing affordability issues that persist across the country. Mohtashami has worked in the mortgage and real estate industries since 1996, and he takes pride in his ability to quickly decipher data, form opinions and deliver actionable ins

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Loan Officer Lending Staging Industrial 458

Housing Wire

SEPTEMBER 12, 2024

Charlotte, North Carolina, has emerged as a major player in the Southeast U.S. real estate scene with its rapid growth and increasing appeal to homebuyers. While it hasn’t reached the trillion-dollar mark in residential real estate value held by cities like New York and Chicago , Charlotte’s market has nonetheless experienced significant growth, with total property values pushing $200 billion as of 2023.

Agents 430

Agents Residential Staging Brokerage 430

Real Estate News

SEPTEMBER 12, 2024

With industry rule changes now in effect, the National Association of Realtors has been doubling down on education and outreach to buyers and sellers.

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Agents Industrial 209

Housing Wire

SEPTEMBER 12, 2024

Baby boomers are a key constituency for the reverse mortgage industry since they are currently the generation with the largest share of the population at or above the age of 62. A recent SmartAsset analysis of 2023 Home Mortgage Disclosure Act (HMDA) pinpointed where boomers are most active within the U.S. housing market. “ Retirement often signals a major shift in a person’s life.

Marketing 430

Marketing Finance Mortgages Industrial 430

Inman

SEPTEMBER 12, 2024

The search platform is already live on the multiple listing service's website and comes amid a growing interest in using artificial intelligence to improve consumer home searches

MLS 183

MLS Technology 183

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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

SEPTEMBER 12, 2024

Compass is adding a new team to its Dallas roster. The real estate brokerage announced this week that the B-W Group is joining up and will operate out of its Park Cities office. The group reportedly tallied $56.8 million in sales volume in 2023. It is led by the mother-daughter team of Michele Balady Beach and Lindsay Beach. Jamie Moore is also a member.

Brokerage 420

Brokerage Technology Agents Sales 420

Inman

SEPTEMBER 12, 2024

DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals (NAHREP)

Loans 186

Loans Mortgages 186

Housing Wire

SEPTEMBER 12, 2024

The Consumer Financial Protection Bureau (CFPB) has ordered TD Bank to pay $28 million for illegal actions that could tarnish consumer credit reports and for not taking timely action to correct its errors. The CFPB’s investigation found that for several years, TD Bank repeatedly gave inaccurate account information to consumer reporting companies, which at times contained systemic errors about personal bankruptcies and credit card delinquencies, the bureau said Wednesday.

Banks 402

Banks Bankruptcy Finance Mortgages 402

Inman

SEPTEMBER 12, 2024

Twenty-three-year-old Century 21 Scala Group agent Matt Torres shares his journey to the 2024 Paris Paralympics and the key to helping people with disabilities thrive.

Agents 172

Agents Brokerage 172

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Housing Wire

SEPTEMBER 12, 2024

First launched in April of 2020, the Pass-Through Assistance Program (PTAP) was an important initiative designed to provide mortgage servicers with the liquidity needed to endure the financial challenges due to the COVID-19 pandemic. As millions of borrowers struggled to meet their mortgage payments, PTAP served as a lifeline, ensuring that servicers could meet their obligations to investors.

Mortgages 334

Mortgages Investor Banks Finance 334

Inman

SEPTEMBER 12, 2024

August marked the eighth consecutive month in which Manchester, New Hampshire, was ranked the hottest U.S. market by Realtor.com. The top 20 hottest markets were all in the Northeast and Midwest.

Marketing 168

Marketing 168

RIS Media

SEPTEMBER 12, 2024

As Tom Petty sang, “The waiting is the hardest part.” Was he referring to homebuyer hopefuls? Not sure, but either way, it’s almost go-time for those who’ve waited patiently for mortgage rates to finally begin a downward trajectory after years of staying in the high sixes, sevens and even briefly the eights. Inflation has cooled,… The post Buyer Agent Playbook: 3 Reasons Clients Must Buy Now Instead of Waiting appeared first on RISMedia.

Agents 131

Agents Mortgages As-is Development 131

Inman

SEPTEMBER 12, 2024

The future of senior home sales is here, and the most successful agents and brokers will be those who are ready to meet it head-on, senior expert and author Nikki Buckelew writes.

Sales 159

Sales Agents 159

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Loans

RIS Media

SEPTEMBER 12, 2024

Your brokerage’s success depends on the people who bring in business—your agents. With the right strategies in place, you can find and keep the right talent, which helps you close more deals and strengthen your entire brokerage’s brand in the long run. But keeping the right agents is harder than it sounds. According to recent… The post Three Tips for Recruiting—and Keeping—the Right Agents in Your Brokerage appeared first on RISMedia.

Brokerage 124

Brokerage Agents Branding Closing 124

Inman

SEPTEMBER 12, 2024

Roshani Sheth filed a lawsuit against the National Association of Realtors in June, alleging discrimination, sexual harassment and retaliation. A new filing offers more details.

MLS 168

MLS Brokerage Agents 168

RIS Media

SEPTEMBER 12, 2024

Many Americans are renters—and while it’s still considered a more affordable option than buying a home, renting comes with its own cost burdens. These burdens are not limited to the lowest-income renters either. Harvard University’s Joint Center for Housing Studies recently published a paper tackling this very issue, titled “Subsidizing the Middle: Policies, Tradeoffs, and… The post Harvard Study Investigates Renters’ Cost Burdens and Prescribes Solutions appeared first on RISMedia.

Title 124

Title Industrial Marketing 124

Inman

SEPTEMBER 12, 2024

The commission lawsuits are a wakeup call for real estate, new Inman contributor Mathew Speer writes. Now is the time to raise your standards and truly embrace transparency.

Industrial 168

Industrial Brokerage Agents 168

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Agents

RIS Media

SEPTEMBER 12, 2024

Above, Jillian Young United Real Estate has announced that Jillian Young, president of its Naples, Florida affiliate, Premiere Plus Realty, has been named to Gulfshore Business Magazine’s 2024 Class of 40 Under 40. The honor is awarded to standout professionals in Southwest Florida who exhibit remarkable leadership, significant career achievements and a strong dedication to… The post Premiere Plus Realty President Jillian Young Named to 2024 Class of 40 Under 40 appeared first on RIS

Industrial 122

Industrial 122

Inman

SEPTEMBER 12, 2024

It’s a tough market, but this is the market where careers are made, Real’s Jimmy Burgess writes. Double down on your work ethic, sharpening your skills and serving others.

Marketing 168

Marketing Agents 168

RIS Media

SEPTEMBER 12, 2024

Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability and inventory, preventing a meaningful break in the hindered housing market. The 30-year fixed rate mortgage averaged 6.20% this week, down from 6.35% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) released… The post Mortgage Rates Drop to their Lowest Level in 19 Months appeared first on RISMedia.

Fixed-rate mortgage 122

Fixed-rate mortgage Mortgages Marketing Industrial 122

Inman

SEPTEMBER 12, 2024

The iBuyer has appointed David Benson to its board of directors, effective immediately. Benson was Fannie Mae's president for six years, retiring from the role in May 2024.

Technology 179

Technology 179

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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

RIS Media

SEPTEMBER 12, 2024

It’s never too early to plan for the future, especially when working in the fast-paced real estate industry. As we approach the end of the third quarter, now’s the time to map out the specific areas you want to focus on so that you’re set up for continued success. To get some perspective, we asked… The post Preparing for the Future: The Fundamentals appeared first on RISMedia.

Industrial 122

Industrial Development Agents 122

Inman

SEPTEMBER 12, 2024

Staying positive and patient can make it easier for families with children to experience a good move, Lindsey Harn writes, and real estate agents can help.

Agents 167

Agents 167

RIS Media

SEPTEMBER 12, 2024

Real estate agents today face a marketplace with unprecedented conditions: higher interest rates, rising home prices and historically low inventory. The impact of the commission lawsuits exacerbates all this. More than at any time in history, sellers and buyers alike are scrutinizing the value that a REALTOR® brings to the transaction. These challenges mean your… The post How Can You Help Your Agents Demonstrate Value to Buyers and Sellers?

Agents 119

Agents Development Industrial 119