Housing Wire

MAY 13, 2024

As the U.S. hits peak homebuying season, the signals across the country are mixed at best as some markets are accelerating while others are slowing quickly. Inventory continues to build at the national level, something that’s happening most rapidly in the South. Home sales continue to run just a little ahead of last year’s pace, but with mortgage rates in the 7s, there are a ton of potential homebuyers sitting on the sidelines.

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Keeping Current Matters

MAY 13, 2024

Thinking about buying a home or selling your current one to find a better fit?

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Housing Wire

MAY 13, 2024

A recently published report by the Financial Stability Oversight Council (FSOC) identified vulnerabilities at nonbank mortgage servicers that pose risks to financial stability. It recommended increased regulation and initiatives to improve these companies’ liquidity during moments of stress, but mortgage trade groups have different reactions to the proposals.

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Bankruptcy Finance Mortgages Banks 476

Real Estate News

MAY 13, 2024

Membership numbers defied expectations, while member dues and leadership announcements paint a picture of an association focused on stability.

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Housing Wire

MAY 13, 2024

Residential sale-leaseback platform EasyKnock has acquired the assets of home equity investment firm HomePace , the company exclusively told HousingWire on Monday. Goodwin Procter , a global law firm, acted as legal adviser for the deal, but further terms were not disclosed. HomePace, founded in 2020, specializes in helping homeowners access their equity through home equity agreements.

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Inman

MAY 13, 2024

Ready to transform the way you communicate your value to clients? Marketing expert Marci James helps you reshape the agent-client relationship by prioritizing clear communication and exceptional results.

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Inman

MAY 13, 2024

The lawsuit filed last week alleges that the city of LA took part in "backroom machinations" in order to landmark a house that does not meet criteria for status as a historic cultural monument to "arrange the desired outcome.

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Design 183

Housing Wire

MAY 13, 2024

Inventory is still low and that’s exactly why it’s important to target the sellers who are more likely to move. This increases your chance of listing opportunities. I suggest finding at least one new opportunity from the list shared below. Perfect your process. Then choose another! To find the listings right now you need to find the sellers that have to move.

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Inman

MAY 13, 2024

United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022.

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Mortgages Marketing 183

Housing Wire

MAY 13, 2024

In 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates and soaring home prices. Simultaneously, the appetite for second homes also diminished substantially. Nationwide, 90,772 mortgages for second homes were originated in 2023, down 40% from a year earlier and down 65% from the height of the post-pandemic housing boom in 2021, according to a new report from Redfin.

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Mortgages Marketing Loans Finance 459

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

MAY 13, 2024

Movoto may be a familiar name, but under OJO's ownership the brand is quietly embarking on a David-and-Goliath struggle for a place in the portal pantheon.

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Housing Wire

MAY 13, 2024

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Women of Influence award are open now through May 31, 2024. Click here to nominate someone. HousingWire’s Women of Influence award has become one of the housing industry’s most prestigious honors, celebrating female leaders in housing who cover a wide range of backgrounds.

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Technology Loans Industrial Mortgages 448

Inman

MAY 13, 2024

As the demand for ultra-luxury properties persists, learn how agents can rise to the challenge and secure the most coveted listings in today's competitive market.

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Marketing Agents 170

Housing Wire

MAY 13, 2024

A coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent Community Bankers of America (ICBA), the Mortgage Bankers Association (MBA) and U.S. Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish the VantageScore 4.0 historical dataset.

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Brokerage

Inman

MAY 13, 2024

From neglecting digital platforms to disregarding personal branding, Side's Manny Solis writes, here are five critical rookie mistakes that often derail real estate marketing campaigns.

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Marketing Branding Agents 167

Housing Wire

MAY 13, 2024

The Social Security Administration (SSA) late last week announced that it is making changes to the Supplemental Security Income (SSI) benefit program. Notably, it is expanding the definition of a “public assistance household” to those receiving Supplemental Nutrition Assistance Program (SNAP) payments and to households “where not all members receive public assistance,” according to the SSA.

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Inman

MAY 13, 2024

Forty-nine-year-old Nashville firm Parks Real Estate has merged with Compass. The firm has 15 offices across the state and closed $6.25 billion in sales in 2023.

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Housing Wire

MAY 13, 2024

The former reverse mortgage team from Norcom Mortgage in Avon, Connecticut — which elected not to move to CMG Financial following its acquisition of Norcom last month — has selected Texas-based Supreme Lending as its new home, with John Luddy serving as SVP of reverse lending. After engaging in conversations with multiple lenders following the news of the team’s departure from Norcom/CMG, Luddy credits Supreme’s Candice McNaught — the lender’s senior vice president of national sales — as the key

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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 13, 2024

Celebrate AAPI month with Atlanta team leader Amy Tep by taking the time to understand the many different types of people who are part of the AAPI community.

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Housing Wire

MAY 13, 2024

Chicago -based mortgage lender Guaranteed Rate rolled out the second wave of its Community Engagement Initiative, the company announced on Monday. Launched in 2023, the program aims to improve funded loan volumes in underserved communities nationwide. “Traditional lending practices have overlooked Black and Latino communities, as well as low to moderate-income areas,” Camilo Escalante, executive director of diverse segments at Guaranteed Rate, said in a statement.

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Inman

MAY 13, 2024

After years of trying to sell the mansion alongside the Potomac River, former Washington Commanders owner Dan Snyder donated the estate to the ACS. Now the charity is attempting its own sale.

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Sales 153

Housing Wire

MAY 13, 2024

Compass is continuing to expand its presence in the Southeast, announcing Monday that Tennessee -based Parks Real Estate has merged with the firm This is Compass’ second major merger and acquisition deal in the second quarter of 2024. In April, the Robert Reffkin -helmed firm announced that it had acquired Gulf Coast-based Latter & Blum. Parks Real Estate includes the Pilkerton Realtors brand and is led by CEO Hunter Connelly.

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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 13, 2024

Agents and brokers talk. A lot. But what's left unsaid may be nearly as important. Intel analyzed survey responses of hundreds of real estate professionals for insights into an unbreakable bond.

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Agents Brokerage 152

Housing Wire

MAY 13, 2024

Title firm Mother Lode Holding Co. , a subsidiary of big four firm First American Financial , announced Monday that it has acquired Wisconsin Title Service Co. Inc. The terms of the deal were not disclosed. According to Mother Lode Holding Co., the acquisition includes Wisconsin Title Service Co.’s sister company, Wisconsin Title Closing Service Inc., as well as its title plants in Milwaukee, Waukesha, Walworth and Washington counties.

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RIS Media

MAY 13, 2024

Mold is a fungus that thrives in damp environments, often becoming a concern in homes. It produces spores that travel through the air and can settle on moist surfaces, leading to rapid growth. Mold’s presence in homes can pose significant health risks and cause structural damage, making it essential for homeowners and buyers to understand.… The post Understanding Mold in Homes: What it is, Common Causes and Why It’s a Concern appeared first on RISMedia.

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Industrial Agents 139

Bigger Pockets

MAY 13, 2024

A property management company plays a vital role in overseeing the daily operations of rental properties to ensure efficient tenant management while maximizing profitability.

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Property Management 132

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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

MAY 13, 2024

The National Association of REALTORS® today opened applications for the “Pitch Battle” competition taking place at the 2024 Innovation, Opportunity & Investment (iOi) Summit, the premier event for real estate technology. The sixth annual iOi Summit will take place Aug. 28-29 in Chicago, Illinois. The Pitch Battle competition, presented by NAR’s venture capital arm Second… The post NAR Calls on Real Estate Technology Startups to Apply for Pitch Battle Competition appeared first on RISMe

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Bigger Pockets

MAY 13, 2024

Starting your first or next business? This episode is for you. Today, we’re bringing you everything you need to know about small business taxes for beginners.

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Brownstoner

MAY 13, 2024

The historic, albeit heavily altered, mansion that has stood on the corner of Bushwick Avenue and Linden Street since the late 1800s will likely be converted into a six-story, 20-unit apartment building, Department of Buildings records show. A new owner has applied to convert the two-story wood-frame structure at 1027… Read More > The post Historic Bushwick Mansion Slated to Become Six-Story Apartment Building appeared first on Brownstoner.

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Development 124

Bigger Pockets

MAY 13, 2024

Could building houses make you more money than buying existing ones?

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