Housing Wire

MAY 22, 2024

I anticipated solid year-over-year home-price growth in today’s existing home sales report, so I’ve tried my best on social media to inform people that we have a low bar in home-price comps for this report and the next one. This is the context for why the home-price growth data was strong, which took some people by surprise. As you can see below, even though home prices rose in 2023, the median sales price showed negative year-over-year growth in April, May and June of last year.

Sales 509

Sales Finance Mortgages As-is 509

Real Estate News

MAY 22, 2024

Comments made by a Department of Veterans Affairs official Tuesday “ensures veterans have the same opportunity as others to compete in a tight housing market.

Agents 272

Agents Marketing 272

Housing Wire

MAY 22, 2024

Fast-growing firm The Real Brokerage is launching a luxury division , according to an announcement on Wednesday. Real Luxury , as the division will be known, will focus on helping luxury agents and teams, as well as their exclusive clients. The firm said that the launch of Real Luxury is in response to the growing number of luxury real estate agents and teams joining Real.

Agents 467

Agents Brokerage Design As-is 467

Real Estate News

MAY 22, 2024

Real launches luxury division; Alabama merger ups United's market share; RE/MAX affiliate adds 3 firms; The Agency opens in Niagara; ERA Carroll expands in WY.

Brokerage 227

Brokerage Marketing 227

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

MAY 22, 2024

The data is clear: Older adults, when contemplating future living arrangements, would prefer to remain in their homes as long as feasibly possible. But for those who own homes with features or layouts that may not be conducive to aging in place, some are taking proactive measures — and spending a lot of money — to make their home suitable. This is according to a story published this month by the The Associated Press , which examines steps that some older homeowners are taking to ensure they can

Renovation 458

Renovation Equity Design Branding 458

Inman

MAY 22, 2024

Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process.

VA loan 195

VA loan Agents Loans Mortgages 195

Keeping Current Matters

MAY 22, 2024

Are big investors really buying up all the homes today?

Investor 291

Investor 291

Housing Wire

MAY 22, 2024

The average cost for a retail mortgage lender to originate a loan reached $11,600 in the third quarter of 2023, up 35% — or nearly $3,000 per loan — when compared to fourth-quarter 2020, a period of low interest rates and high sales volume, according to a study published Tuesday by Freddie Mac. But the study also shows that top cost-effective retail lenders can produce loans at nearly half the cost of the industry average.

Loans 446

Loans Industrial Lending Technology 446

Real Estate News

MAY 22, 2024

Despite the sluggish pace, inventory is up, which is “nudging the market in a more buyer-friendly direction.

Sales 210

Sales Marketing 210

Housing Wire

MAY 22, 2024

Mortgage fraud risk saw a modest uptick toward the end of 2023, according to CoreLogic ’s latest Mortgage Application Fraud Risk Index , although it remained largely stable on a year-over-year basis. The index reached 127 in Q4 2023, marking a 2.7% increase from the previous quarter, but compared to Q4 2022, the index decreased by 1%. Despite these fluctuations, overall risk levels have remained relatively flat.

Mortgages 451

Mortgages Loans Marketing 451

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Brokerage

Inman

MAY 22, 2024

Statements made by a DOJ attorney during a May 21 status hearing in the Nosalek commission case offer new insights into the Justice Department's impression of the proposed NAR settlement.

Industrial 188

Industrial Brokerage Agents 188

Housing Wire

MAY 22, 2024

According to the most recent annual report to Congress by the U.S. Department of Housing and Urban Development (HUD), the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program saw its share of total HECM endorsements in 2023 rise to its highest level since 2019. That’s not saying all that much. H4P endorsements accounted for roughly 6% of the 32,963 HECMs endorsed for Federal Housing Administration (FHA) insurance that fiscal year.

Mortgages 436

Mortgages Loan Officer Lending Loans 436

Inman

MAY 22, 2024

Several months after Kofi Nartey announced his team's move to Real, the brokerage has launched a new luxury division with Nartey serving as executive director.

Brokerage 194

Brokerage 194

Housing Wire

MAY 22, 2024

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. Florida Realtors is known for the valuable services they offer members, including a Tech Helpline that is nationwide. Margy Grant will discuss building relationships through trust and transparency, the importance of tailored customer service, determining the needs of the people you serve and delivering top-notch tools to help build

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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

MAY 22, 2024

The CEO for Berkshire Hathaway HomeServices Beach Properties of Florida argued at Inman Connect Miami on Wednesday that real estate is like a race — and this moment is similar to a curve.

Agents 181

Agents 181

Housing Wire

MAY 22, 2024

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. Join Abby Lee and Kelly Gill for a candid conversation on the dynamic relationship between LOs and real estate agents, with a focus on how marketing strategies can bolster their collaboration.

Agents 425

Agents Mortgages Sales Marketing 425

Inman

MAY 22, 2024

Keller Williams' Julia Lashay Israel offers a glossary to help you navigate the complex landscape of fair housing regulations and provide fair and equal service to all clients.

Agents 177

Agents Brokerage 177

Housing Wire

MAY 22, 2024

Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. Kamran is based in Los Angeles and will support Certainty’s strategy and sales performance. “Our comprehensive product suite offers solutions for virtually every mortgage and home financing need,” Kamran said in a statement.

Lending 422

Lending Development Loan Officer Finance 422

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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

MAY 22, 2024

"Mauricio, you are a scum bag," Umansky recalled the Frasier actor shouting in a voice message. The Agency CEO shared how he converted Grammer during Inman Connect Miami on Wednesday.

Brokerage 176

Brokerage Agents 176

Housing Wire

MAY 22, 2024

Unpaid property tax debts are leading to preventable foreclosures , with the greatest impacts on Black and Latino households and older homeowners living on fixed incomes. But if states take proactive measures to reform policies and disclosures around tax foreclosures, this could go a long way to prevent unnecessary home displacements. This is according to a jointly issued brief published this week by the National Consumer Law Center (NCLC), the American Land Title Association (ALTA) and AARP.

Staging 418

Staging Equity Title Land 418

Inman

MAY 22, 2024

The star of "Flip or Flop" talked Tuesday at Inman Connect Miami about how professional hardships, cancer diagnoses and personal hardships paved his road to success.

Agents 179

Agents House Flipping 179

Housing Wire

MAY 22, 2024

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. The promises of the 2018 housing industry aren’t the promises of today. That hot tech thing or product that you had to have in 2018? Nobody’s talking about that anymore. And more importantly, if you haven’t moved on or committed to contracts that are too rooted in the past, chances are your P&L statement isn’t looking so great.

Loans 421

Loans Technology Mortgages Industrial 421

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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

Inman

MAY 22, 2024

In real estate, where every detail counts, AI can be the tool that sets you apart, Chris Pollinger writes. ChatGPT's new update allows you to do more than ever before.

Technology 175

Technology Brokerage Agents 175

Housing Wire

MAY 22, 2024

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration. If you’re still saying minority homeownership, you’re already losing. It’s time to take a hard look at the data. Any player who will be worth their weight in the future understands that the MAJORITY of their business will come from Hispanic and Black home shoppers.

Industrial 413

Industrial Mortgages 413

Inman

MAY 22, 2024

Homes at the higher end of the market — priced at $1 million or more — enjoyed the spoils with inventory and sales rising by double digits from a year ago, according data released Wednesday by NAR.

Sales 171

Sales Marketing 171

Housing Wire

MAY 22, 2024

From waiving inspections and financing contingencies, to free leasebacks and uncapped escalation clauses, real estate agents say that buyers in Rhode Island are willing to do almost anything to get into a house right now. “It is really frenetic,” said Rachael Dotson , a Rhode Island-based agent for Residential Properties Ltd. “People who really need to get into even a starter home are willing to extend themselves with offers in order to be successful.

Marketing 347

Marketing Agents Inspection Residential 347

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Brokerage

Inman

MAY 22, 2024

The Fair Housing Classifier is an open-source tool aimed at helping real estate, technology and civil rights organizations create smarter, fair-housing compliant chatbot and search functions for their websites. The code is available on GitHub.

Technology 164

Technology Marketing 164

Bigger Pockets

MAY 22, 2024

Investors are building single-family rental properties at an unprecedented rate, catering to a growing segment of renters seeking more space without the commitment of buying a home or the budget […]

Investor 130

Investor 130

Inman

MAY 22, 2024

With plenty of ideas in the air and very little certainty, we want to know what you think. How will buyers pay for their agents in the future?

Agents 181

Agents MLS Marketing 181

RIS Media

MAY 22, 2024

The U.S. Department of Veterans Affairs (VA) plans to issue a circular before June 12 in the wake of the National Association of REALTORS®’ (NAR) historic settlement, with hopes to “bridge the gap” on the buyer commission prohibition between buyers agents and veterans. Department of Veterans Affairs Deputy Director for Policy Michelle C. Corridon announced… The post VA Will Suspend, Work On Changing Rule That Bans Buyer Commission appeared first on RISMedia.

Agents 124

Agents VA loan Loans MLS 124

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