Housing Wire

NOVEMBER 12, 2024

As 2025 approaches, state-funded down payment assistance (DPA) programs are helping veterans , service members and surviving spouses achieve their dreams of homeownership. This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. The study analyzed DPA programs from more than 1,300 housing finance agencies, municipalities, nonprofits and other organizations.

Mortgages 397

Mortgages Finance Loans Design 397

Keeping Current Matters

NOVEMBER 12, 2024

Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home.

Mortgages 267

Mortgages 267

Housing Wire

NOVEMBER 12, 2024

Home Depot raised its fiscal outlook after strong third-quarter 2024 sales, driven by demand for seasonal goods and hurricane preparation in the Southeast. The world’s largest home improvement retailer and fourth-largest U.S. retailer by market capitalization reported $40.2 billion in sales for the quarter ending Oct. 27. That exceeded analysts’ projections of $39.31 billion.

Marketing 435

Marketing Sales 435

Real Estate News

NOVEMBER 12, 2024

Inexperienced buyers have a lot of questions — about financing, buyer agreements, resources for first-timers and more — and agents need to have the answers.

Finance 243

Finance Agents 243

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Housing Wire

NOVEMBER 12, 2024

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. While the reverse industry has faced unique headwinds over the past couple of years, the company is seeking to build on the momentum provided by its HomeSafe Second proprietary product.

Mortgages 366

Mortgages Equity Lending Design 366

Real Estate News

NOVEMBER 12, 2024

Hitt had been with the Germany-based luxury franchisor since 2010. Chief Strategy Officer Stuart Siegel will serve as interim CEO.

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191

Inman

NOVEMBER 12, 2024

Contracts law professor Tanya Monestier, an objector in the NAR settlement, described Judge Stephen Bough's order compelling objectors to appear in person as a "glaring appellate issue.

MLS 168

MLS Brokerage Agents 168

Housing Wire

NOVEMBER 12, 2024

Cornerstone Financing , a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura. The funding will go to support the company’s specialty home equity-tapping product known as the Cornerstone Home Equity Insurance/Investment Funding Solutions (CHEIFS).

Equity 369

Equity Finance Mortgages Bankruptcy 369

Inman

NOVEMBER 12, 2024

Sitting an open house for a listing agent is a "golden opportunity" to generate leads and practice your home-showing skills with potential buyers, Realtor Jonathan Pressman writes.

Agents 151

Agents 151

Housing Wire

NOVEMBER 12, 2024

For Nykia Wright , CEO of the National Association of Realtors , 2025 is going to be all about turning NAR into a trade association for the future while rebuilding relationships with members. “NAR is really focused on rebuilding the association for today and tomorrow,” Wright told NAR members gathered in Boston Monday for the trade group’s board of directors’ meeting at the conclusion of the NAR NXT conference.

Commercial 370

Commercial Residential Brokerage Industrial 370

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

Inman

NOVEMBER 12, 2024

Survey finds lenders that have remained staffed up and invested in digital processes that streamline the mortgage process are crushing their competitors on customer satisfaction.

Mortgages 150

Mortgages Technology 150

Housing Wire

NOVEMBER 12, 2024

It appears that Howard Hanna Real Estate Services ‘ reprieve from the Moratis commission lawsuit — formerly known as the Spring Way suit — will be short-lived. Last week, the plaintiffs in the suit filed a notice of appeal of a lower court’s decision to dismiss both Howard Hanna and West Penn MLS from the suit with prejudice. The appeal was filed with the Third Circuit Court of Appeals.

MLS 370

MLS As-is Marketing Brokerage 370

Inman

NOVEMBER 12, 2024

Looking beyond paper writedowns in the fair value of its mortgage servicing rights, CEO Varun Krishna is pleased as Q3 mortgage originations climb 28 percent from a year ago.

Marketing 150

Marketing Mortgages As-is Industrial 150

Housing Wire

NOVEMBER 12, 2024

Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market platforms. Bill Decker, MAXEX president and co-founder, highlighted Wallace’s expertise in mortgage technology as a valuable asset for the company. “Dan Wallace is exceptionally well qualifie

Technology 370

Technology Finance Mortgages Lending 370

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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

NOVEMBER 12, 2024

Bringing the focus back to the local level isn't just good for your real estate business, trainer Bernice Ross writes. It's good for healing the political divisions exacerbated by this year's election.

Agents 149

Agents 149

Housing Wire

NOVEMBER 12, 2024

Anthony Hitt is stepping down as the president and CEO of Engel & Völkers Americas. The brokerage firm announced Tuesday that Hitt will be stepping down from his leadership roles at the end of 2024 in order to “focus on personal endeavors.” Hitt began his career at Engel & Völkers Americas in 2010 and has served as the firm’s CEO and president since 2013.

Brokerage 282

Brokerage Branding Development Industrial 282

Inman

NOVEMBER 12, 2024

Corcoran The Baja Real Estate Co., owned and led by Blake Harrington, has joined the brokerage's network and will serve the greater Cabo San Lucas market.

Brokerage 144

Brokerage Marketing 144

Estate Agent Today

NOVEMBER 12, 2024

Thousands of estate agents are failing to comply with material information rules, research suggests.

Agents 122

Agents 122

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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

NOVEMBER 12, 2024

NAR's board of directors and Executive Committee voted on a slew of proposals at NXT on Monday. But it was one involving NAR's counterpart to the north that drew the most discussion.

MLS 143

MLS Agents 143

Estate Agent Today

NOVEMBER 12, 2024

The Government has faced criticism after closing down the Office for Place, which had been setup under the Tory regime to ensure design and quality was at the heart of housing supply.

Design 112

Design Closing 112

Inman

NOVEMBER 12, 2024

Florida-based community bank sells its Houston branches to MidFirst Bank, but growing mortgage subsidiary Amerant Mortgage has a presence in most states.

Banks 141

Banks Mortgages Industrial 141

RIS Media

NOVEMBER 12, 2024

Century 21 Real Estate LLC has announced it is growing its network along the Pacific Coast with its latest affiliation of Pacific Realty, based in Long Beach, Washington. The boutique firm has served communities along the coast for roughly 50 years, most recently under the leadership of Leslie Brophy. Under Brophy’s leadership, the firm and… The post Century 21 Expands into Washington State’s Pacific County appeared first on RISMedia.

Industrial 107

Industrial Agents 107

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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

NOVEMBER 12, 2024

While a new coat of paint can transform a home, it can also work against you if the colors don’t resonate with potential buyers. According to a report from Fixr, the 2024 paint color trends are in, and listing agents are weighing in on how certain hues can impact a home’s value.

Agents 136

Agents Staging Design 136

Brownstoner

NOVEMBER 12, 2024

After years of back and forth, it looks like Continuum’s planned residential tower on the former Spice Factory site near Brooklyn Botanic Garden will go ahead, with the developer, local Council Member, and garden leadership announcing today they have reached a deal on the development’s height and affordability limits. The… Read More > The post New Deal: Proposed Spice Factory Tower Won’t Shadow Botanic Garden After All appeared first on Brownstoner.

Residential 111

Residential Development 111

Inman

NOVEMBER 12, 2024

Sam DeLay and Cole Billings led the No. 2 team in Bend for volume among medium teams and No. 1 for sides with 112 last year. They're launching their brokerage on the Side platform.

Brokerage 133

Brokerage Agents 133

HomeLight

NOVEMBER 12, 2024

Climate change is increasing the frequency and intensity of extreme weather events like hurricanes, wildfires, heat waves, and floods. These events can damage power lines , transformers, and substations, leaving entire areas without power. As homeowners face a growing number of these events, many are asking, Does a generator increase home value? Installing a generator can provide you with peace of mind now and be a valuable selling point in the future.

Industrial 97

Industrial As-is 97

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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

NOVEMBER 12, 2024

Stuart Siegel, the Americas chief strategy officer, will serve as interim president and CEO until a permanent replacement has been found for Hitt, who has served with the luxury brand since 2010.

Branding 132

Branding Brokerage Agents 132

Eye on Housing

NOVEMBER 12, 2024

Total outstanding U.S. consumer debt stood at $5.10 trillion for the third quarter of 2024, increasing at an annualized rate of 3.28% (seasonally adjusted), according to the Federal Reserve’s G.19 Consumer Credit Report. In general, consumer debt has been slowing over the past two years, peaking at a high rate of 9.16% in the second.

Finance 105

Finance 105

Inman

NOVEMBER 12, 2024

Secret profits, deceitful acts or undisclosed compensation by Realtors could lead to action from multiple enforcement bodies, including NAR, MLSs and state regulators, Summer Goralik writes.

Brokerage 135

Brokerage Agents Marketing 135

Brownstoner

NOVEMBER 12, 2024

This week, a look back at four of our featured listings from six months ago focuses on homes in Carroll Gardens, Fort Greene, Sunset Park, and Sea Gate. How did they fare? An Italianate in Carroll Gardens is set up as a two-family with a triplex above a garden rental. The… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

As-is 100

As-is 100

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