Housing Wire

OCTOBER 22, 2024

The Federal Housing Administration (FHA) this week announced two temporary policy waivers as the response to hurricanes Helene and Milton continues. The FHA’s 203(k) rehabilitation mortgage program currently has a requirement that “when a repair is considered ‘major,’ it becomes ineligible to be financed” as part of the 203(k) limited option, ”if the repairs prevent the borrower from occupying the property for more than 15 days.

Inspection 468

Inspection Loans Finance Mortgages 468

Keeping Current Matters

OCTOBER 22, 2024

If your goal is to sell your house in 2025, now’s the time to start prepping.

Agents 303

Agents 303

Housing Wire

OCTOBER 22, 2024

Mortgage rates continue to rise, serving as a bucket of cold water for lenders and consumers that were warming to lower borrowing costs just a few months ago. According to HousingWire ‘s Mortgage Rates Center , the average 30-year conforming rate was 6.61% on Tuesday. That was up 15 basis points (bps) from one week ago and 30 bps higher than on Sept. 18, when the Federal Reserve lowered benchmark rates by 50 bps.

Mortgages 461

Mortgages Marketing Construction Sales 461

Real Estate News

OCTOBER 22, 2024

Most haven't, data shows, as they wait for the post-settlement dust to settle. Instead, they’re leaning into agent relationships and rethinking incentives.

Agents 211

Agents 211

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

Housing Wire

OCTOBER 22, 2024

Feeling overwhelmed by all the AI talk? It’s understandable. Artificial intelligence (AI) has become a hot topic across every facet of life, including the real estate and title industries. Many title professionals are asking how AI can be used safely and effectively to improve daily operations. In this article, we’ll explore practical ways title companies can leverage AI to stay competitive in a fast-changing landscape, offering actionable tips to help you integrate these emerging tools respons

Title 439

Title Industrial Closing Technology 439

Real Estate News

OCTOBER 22, 2024

Revenue was up 11%, and the company plans to accelerate the growth of the Homes.com sales team despite some slowdown in traffic from the previous quarter.

Sales 188

Sales 188

Inman

OCTOBER 22, 2024

Murray and his ex-wife, Corcoran broker Mickey Murray, built the Yellow House in the 1980s after buying the property for $305K. The 5,177-square-foot home sits on the site of a 19th-century barn.

Marketing 177

Marketing Land 177

Housing Wire

OCTOBER 22, 2024

The Consumer Financial Protection Bureau (CFPB) has finalized a rule that lays the groundwork for open banking in the U.S. financial system, including the mortgage sector. But this rule has sparked mixed reactions within the industry, reflecting both enthusiasm and concerns. Announced on Tuesday, the new rule mandates that financial providers — including banks, credit card issuers and mortgage companies — share personal financial data for free with their peers when customers request it.

Banks 427

Banks Mortgages Lending Staging 427

Inman

OCTOBER 22, 2024

Costa Mesa, California-based provider of debt consolidation loans saw most of its business dry up last year and was evicted from its headquarters in May, according to Connecticut regulators who revoked the company's license on Oct. 2.

Loans 167

Loans Mortgages 167

Housing Wire

OCTOBER 22, 2024

A new study from Morningstar focused on U.S. retirement readiness illustrates that while there has been some improvement over time, general retirement preparedness is lacking. Using data from the Federal Reserve ’s Survey of Consumer Finances, Morningstar researchers analyzed data from 3,442 households before projecting 1,000 possible “life paths” for each of them.

Finance 395

Finance 395

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.

Brokerage

Inman

OCTOBER 22, 2024

Lorber had served as chairman since 2003 but in the months leading up to his retirement faced scrutiny following a pattern of financial losses and the Alexander brothers scandal.

Brokerage 159

Brokerage Agents 159

Housing Wire

OCTOBER 22, 2024

Financial readiness technology firm FinLocker has partnered with FirstHome IQ , a nonprofit organization that is “committed to providing the next generation of homebuyers with financial education.” The two organizations said Tuesday that they’re focused on empowering Generation Z with the knowledge, tools and confidence needed to “break through financial barriers and make homeownership an attainable goal.” Record-high home prices, inflation and elevated mortgage rat

Loan Officer 428

Loan Officer Technology Loans Mortgages 428

Inman

OCTOBER 22, 2024

CoStar Group's revenue grew 11 percent year over year, to $693 million, while monthly average unique visitors for the Homes.com Network of sites reached 130 million, according to Q3 earnings results on Tuesday.

Residential 170

Residential 170

Housing Wire

OCTOBER 22, 2024

In a recent episode of “The Loan Officer Podcast ,” co-hosts Dustin Owen and John Coleman discuss key tips for loan officers when engaging in small talk with prospective clients. Owen and Coleman explore common discussion topics, conversational nuances and best practices for communicating with clients from different backgrounds. These questions and responses have been lightly edited for length and clarity.

Loan Officer 424

Loan Officer Mortgages Loans As-is 424

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

Inman

OCTOBER 22, 2024

Creating content for your website, communicating with your sphere of influence and marketing your latest listing are all easy with the help of artificial intelligence, Luke Babich writes.

Sales 166

Sales Agents Marketing Staging 166

Housing Wire

OCTOBER 22, 2024

The third-quarter financials for Pennymac Financial Services illustrate the double-edged sword of declining interest rates for mortgage companies. It can improve loan production and acquisitions but hurt their servicing portfolios. When factoring both impacts on its earnings, the California -based lender delivered a profit of $69.4 million from July to September.

Principal 421

Principal Loans Mortgages Lending 421

Inman

OCTOBER 22, 2024

The Citadel CEO has been offloading his Chicago properties as he continues to separate from the Windy City and put down more roots in Miami, where he and his company relocated in recent years.

166

166

Housing Wire

OCTOBER 22, 2024

Mortgage technology company Uplist has launched what it says is a killer new tool that will help loan officers automatically generate refinance options for their clients. The technology, called “Recapture,” is integrated with the leading pricing engines, and it provides LOs with timely, accurate data that identifies multiple refi opportunities for clients.

Loan Officer 397

Loan Officer Loans Technology Closing costs 397

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.

Agents

Inman

OCTOBER 22, 2024

With more supervision layers required due to NAR's settlement, consider these tasks, policy ideas and suggestions when updating your systems, compliance expert Summer Goralik writes.

Agents 170

Agents Brokerage 170

Housing Wire

OCTOBER 22, 2024

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls is the latest addition to a leadership team of seven executives at the developing company. Guaranteed Rate Affinity was formed in 2017 through a partnership between Rate , formerly branded as Guaranteed Rate , and Anywhere Real Estate , formerly known as Realogy.

Lending 395

Lending Mortgages Loan Officer Development 395

Real Estate News

OCTOBER 22, 2024

Zillow will share 3D Home tours, interactive floor plans and other listing features with Realtor.com beginning in 2025.

184

184

Housing Wire

OCTOBER 22, 2024

eXp Realty continues to add agents and teams at a fast clip. The company announced the addition of the Maine -based Realty ONE Group, a 36-agent team that has closed 338 transactions totaling $128 million in sales volume so far this year. The team is led by Steven Brackett, who has been part of Realty One Group for six years. According to eXp, the group specializes in residential real estate, fix-and-flips and investment properties. “I’ve realized that my greatest strength lies in seeking,

Agents 396

Agents Residential Technology Development 396

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

OCTOBER 22, 2024

Seven months after partnering on multifamily rental listings, portal behemoths Zillow and Realtor.com have agreed to syndicate 3D Zillow tours, floor plans and photos to for-sale listings.

Sales 156

Sales Technology 156

Housing Wire

OCTOBER 22, 2024

Reverse mortgage educators Dan Hultquist and Jim McMinn brought their “Rules of the Game” presentation back to the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo this year in San Diego. After getting some of the preliminaries out of the way regarding the importance of focused information , they drilled deeper into certain topics related to reverse mortgage product features.

Mortgages 392

Mortgages Equity Industrial Banks 392

Inman

OCTOBER 22, 2024

Moderating mortgage rates and lessening buyer competition have pushed the U.S. median down payment down 7.33 percent over the past year, according to Realtor.com.

Mortgages 169

Mortgages Marketing 169

RIS Media

OCTOBER 22, 2024

The National Association of REALTORS®’ Center for REALTOR® Development (CRD) regularly recognizes deserving members for their significant contributions to clients and communities. Through a series of prestigious awards, CRD honors those who consistently exceed expectations and raise the bar in their work. Meet this year’s ABR® Hall of Fame inductee (an honor recognizing outstanding service,… The post Introducing the Center for REALTOR® Development’s 2024 Award Winners appeared first on RIS

Development 115

Development Industrial Agents 115

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

OCTOBER 22, 2024

The campaign's transparency was questioned following a decision to post "cumulative" financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst.

Investor 159

Investor Industrial 159

RIS Media

OCTOBER 22, 2024

New York state’s OneKey® MLS has announced that reported data for September 2024 reflects continued strength in the housing market with higher-value transactions. According to an October 21 release, in September, the regional single-family closed median sale price was $715,000, marking an 8.3% year-over-year increase from $660,000 in September 2023.

MLS 116

MLS Marketing Closing Sales 116

Inman

OCTOBER 22, 2024

Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move.

Brokerage 159

Brokerage Agents Industrial 159

RIS Media

OCTOBER 22, 2024

The debate around NAR’s Clear Cooperation policy continues among brokers, MLSs, and other real estate industry players. Opinions are sharply divided on this policy, which dictates how and when property listings are created and shared. This polarizing debate threatens the MLS operating model that has successfully served agents and consumers for decades with the most… The post Technical Capabilities Can Help the Real Estate Industry Navigate Clear Cooperation appeared first on RISMedia.

Industrial 121

Industrial MLS Agents Technology 121

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