Housing Wire
MAY 15, 2024
In the contemporary digital landscape , one of the principal threats to an organization’s cybersecurity infrastructure stems from sophisticated email phishing attacks. The increasing complexity of these tactics necessitates a strategic approach to arm employees with essential skills and knowledge, thereby enhancing their ability to recognize and neutralize such threats.
Real Estate News
MAY 15, 2024
Rates have gone up considerably in the past few years, but is the fear of losing a low-rate mortgage really keeping homeowners from selling?
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Housing Wire
MAY 15, 2024
The most anticipated economic report of the month showed that inflation cooled down a little in April, bringing relief to investors and housing industry professionals. Consumer prices in April were up 3.4% from a year earlier, down from 3.5% in March , according to data released by the Bureau of Labor Statistics on Wednesday. The reading, which came on the heels of the past three stronger-than-expected CPI releases, aligned with economists’ forecasts.
Real Estate News
MAY 15, 2024
Sentiment drops for the first time since November, with persistent inflation and concerns about new federal rules dampening builders’ outlook.
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Housing Wire
MAY 15, 2024
This is an excerpt of a HousingWire Research report titled: What Everyone Needs to Know about Mortgage Rate Lock-in, by Altos President Mike Simonsen. In the 24 months beginning March 2022, the U.S. housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 15, 2024
Many prospective U.S. homebuyers fear missing out on the perks of owning a home. According to the newest Bank of America Homebuyer Insights Report , 72% of respondents worry about potential rent hikes impacting their finances. The report also reveals growing uncertainty about whether to rent or buy, with 57% of survey respondents unsure if now is a good time to purchase a home, compared to 48% last year.
Inman
MAY 15, 2024
Homebuyers have yet to respond in force to drop in rates, which have been in retreat from 2024 highs for three consecutive weeks following Fed easing and soft jobs and CPI reports.
Housing Wire
MAY 15, 2024
New York Community Bancorp , the parent of Flagstar Bank , said it’s still committed to the home loan business despite selling approximately $5 billion in warehouse mortgages to JPMorgan Chase Bank to improve its capital and liquidity position. On Tuesday, NYCB said it entered into a commitment letter with JPMorgan. The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions.
Inman
MAY 15, 2024
The lender boosted mortgage volume 25 percent from Q4 but suffered a $51 million loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future "lies in Uberizing the loan officer.
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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.
Housing Wire
MAY 15, 2024
From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. But as time dragged on and state lawmakers seemed unwilling to seriously entertain the proposal, the ravages of the COVID-19 coronavirus pandemic helped to change the dynamics of the situation.
Inman
MAY 15, 2024
On the heels of the National Association of Realtors’ midyear meeting, broker-owner Teresa Boardman wonders why NAR doesn’t livestream (and engage) more members.
Housing Wire
MAY 15, 2024
The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. The CHLA argues that Ginnie Mae has not been given sufficient budget authority by the congressional appropriations process despite the value it generates.
Inman
MAY 15, 2024
JPMorgan Chase Bank has agreed to buy about $5 billion in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations.
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Housing Wire
MAY 15, 2024
Remote online notarization (RON) firm Proof has launched an artificial intelligence (AI)-powered fraud detection tool called Defend. According to the company’s announcement on Tuesday, the tool is built into the Proof platform. The firm said it was inspired to create the tool due to a desire to stop the $81 billion in annual losses in the U.S. caused by falsified records, forged signatures and identity theft.
Inman
MAY 15, 2024
Don't miss your opportunity to celebrate success and innovation. Submit nominations in 13 categories by Friday before winners are announced this August.
Seattle Times Real Estate
MAY 15, 2024
Edith Macefield became a Seattle legend when she refused to sell her home to developers. Now the spot where Macefield stood her ground is up for lease.
Inman
MAY 15, 2024
A collaboration with Christie's International Real Estate Sereno has helped Ullman Group founder Cody Ullman get his new niche luxury brokerage off the ground and gain a foothold in California
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Brownstoner
MAY 15, 2024
On a sunny Tuesday afternoon, early in April 2023, as my wife Dana was cooking some matzo ball soup and I was hovering nearby, we saw an all too familiar sight outside our apartment's kitchen window -- a gaggle of folks chatting by the building's front yard and wrought iron… Read More > The post A Surprise Visit on Clinton Avenue appeared first on Brownstoner.
Inman
MAY 15, 2024
Rising inventory and slowing home price growth have made Austin, San Antonio, Tampa, Orlando and Jacksonville some of the best markets for buyers, according to Zillow's latest Market Heat Index.
Bigger Pockets
MAY 15, 2024
There are many factors that investors must consider when evaluating deals. Here's why your primary focus should be on the tenant, not the property.
Inman
MAY 15, 2024
Honor your top performers with a Golden I Club nomination. Simply being nominated for a Golden I award affirms your team's commitment to excellence in a fiercely competitive market.
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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.
Bigger Pockets
MAY 15, 2024
From $500,000 to several million dollars, you can get into incredible alternative real estate assets that aren't subject to the regular housing swings.
Inman
MAY 15, 2024
Gaining traction in your market isn’t solely based on budget, The Agency’s Rainy Hake Austin writes. Prioritize creativity, authenticity, strategic thinking and these free marketing ideas.
RIS Media
MAY 15, 2024
The Consumer Price Index (CPI) increased 0.3% in April on a seasonally adjusted basis, after rising 0.4% in March, the U.S. Bureau of Labor Statistics reported on May 15. Over the last 12 months, the all-items index increased 3.4% before seasonal adjustment. After hitting a 40-year high of 9.1% in June 2022, inflation has slowed.… The post Inflation Eases in April; Good News for Potential Fed Rate Cut appeared first on RISMedia.
Inman
MAY 15, 2024
Multiple funds told Reuters they planned to increase their credit exposure to property as banks back off from commercial real estate.
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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.
Eye on Housing
MAY 15, 2024
Both overall and core inflation eased slightly in April amid higher costs for gasoline and shelter. On a year-over-year (YOY) basis, the shelter index rose by 5.5% in April, following a 5.7% increase in March. Despite a slowdown in the YOY increase, shelter costs continue to put upward pressure on inflation, accounting for nearly 70%.
Inman
MAY 15, 2024
With settlement approvals and impending rule changes, we're wondering, what steps are you taking (if any) to get ready?
Bigger Pockets
MAY 15, 2024
Property management software helps you run your business more efficiently. Learn a few easy tips you can use it to save time and increase ROI.
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