Housing Wire

OCTOBER 24, 2024

With new-home sales growing since 2022, why are housing starts at recessionary levels? Well, it’s a complicated story if you don’t know how the homebuilders operate, and not all homebuilders are the same. The big publicly traded builders have money to pay down mortgage rates and manage their pipelines better than smaller homebuilders. However, even with that reality, when mortgage rates were at 7.50% earlier in the year, housing starts and permits were heading lower, single-family permits were h

Sales 485

Sales Construction Mortgages Residential 485

Real Estate News

OCTOBER 24, 2024

September’s lower mortgage rates may have given a boost to the new construction sector, but buyer enthusiasm could be waning as rates climb back up.

New Construction 252

New Construction Sales Construction Marketing 252

Housing Wire

OCTOBER 24, 2024

Online real estate marketplace Auction.com released data this week showing that demand for distressed homes — including bank-owned properties and foreclosures — shrank for a second straight quarter. The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform.

Marketing 482

Marketing Banks Development Mortgages 482

Real Estate News

OCTOBER 24, 2024

An MLS advisory board within the National Association of Realtors is continuing its “robust” discussion of the divisive policy. Here’s what could come next.

MLS 229

MLS 229

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 24, 2024

Sales of newly built homes continue to outpace sales of existing homes. According to data released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, new-home sales hit a seasonally adjusted rate of 738.000, which is 4.1% higher than in August and 6.3% higher year over year. Sale prices and inventory held mostly steady, with the median price landing at $426,300 and 7.6 months of supply at the current sales pace. “ Mortgage rates have been falling, which

Sales 475

Sales MLS Land Development 475

Keeping Current Matters

OCTOBER 24, 2024

With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market.

Marketing 240

Marketing 240

Inman

OCTOBER 24, 2024

There's very little we can control in life — or in business. Team leader Carl Medford writes that ultimately, it's the choices you make and the way you respond that will determine your future.

Brokerage 166

Brokerage Agents Marketing 166

Housing Wire

OCTOBER 24, 2024

Editor’s note: This is the first in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. In the year since a Missouri jury found the real estate industry liable for colluding to artificially inflate agent commissions, a lot has changed — including all of the defendants in the trial settling — but much remains the same

Agents 448

Agents Brokerage Industrial As-is 448

Inman

OCTOBER 24, 2024

Landlord Genetta Hull filed eviction papers in September alleging that Dolton Mayor Tiffany Henyard and her roommate, Kamal Woods, owe more than $3,350 in rent and late fees on her property.

Marketing 171

Marketing 171

Housing Wire

OCTOBER 24, 2024

anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I knew things were going down, but I didn’t know how bad it was until people started knocking on our door.

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

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 24, 2024

Lawyers filed motions Tuesday arguing eXp’s decision to come to a settlement in the commission lawsuit through a "reverse auction" should compel the brokerage to return to the bargaining table.

Brokerage 160

Brokerage Agents 160

Housing Wire

OCTOBER 24, 2024

Mutual of Omaha Mortgage ’s reverse division has launched a new program, “Broker Protect,” that aims to offer what it calls industry-first protections to brokers doing business with the company. Mutual of Omaha approved brokers and principal agents will have access to five core protections, including a promise that the lender “will not solicit borrowers established within the broker network.

Principal 443

Principal Branding Investor Mortgages 443

Inman

OCTOBER 24, 2024

Multifamily investor Patrick Carroll was arrested in Wyoming this week due to a warrant issued for aggravated stalking charges in Florida. The investor was recently in Massachusetts for mental health treatment.

Investor 163

Investor Industrial 163

Housing Wire

OCTOBER 24, 2024

Fast-growing mortgage servicing platform Valon has secured $100 million in a Series C funding round, the company announced this week. The latest investment — led by New York investment firm WestCap and Silicon Valley venture capital giant Andreessen Horowitz — brings the total amount of capital raised by Valon to $230 million since its launch in 2019.

Mortgages 442

Mortgages Technology Equity Industrial 442

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 24, 2024

Whether you’re considering switching brokerages or joining a team, it’s as much an interview for them as it is for you, writes Troy Palmquist.

Brokerage 167

Brokerage As-is Agents Marketing 167

Housing Wire

OCTOBER 24, 2024

With an unprecedented wave of retirements—over 4.1 million Americans each year, according to the Peak65 report by Alliance for Lifetime Income —understanding the intricacies of reverse mortgages is essential. Our latest research report , developed in partnership with Longbridge Financial , equips you with the knowledge to navigate this growing market and serve your clients effectively.

Equity 430

Equity Finance Mortgages Development 430

Inman

OCTOBER 24, 2024

Propy has launched another facet of its blockchain-based transaction service to make it easier for homes to change hands via cryptocurrency, Propy Crypto Escrow Service.

Technology 150

Technology 150

Housing Wire

OCTOBER 24, 2024

Onity Group , the parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage , announced this week that it will offer $500 million in senior notes due in 2029. The proceeds from this note sale, along with additional cash from the company, will be used to pay off older debt with higher interest rates. The deal was first announced on Monday, when Onity estimated the value of the notes would come in at $475 million.

Principal 425

Principal Investor Mortgages Equity 425

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 24, 2024

Understanding the various team compensation models is crucial for anyone involved in, or considering joining, a real estate team, coach Verl Workman writes.

Agents 160

Agents 160

Housing Wire

OCTOBER 24, 2024

The Mortgage Bankers Association (MBA) on Thursday released a new white paper , which argues that Section 8 of the Real Estate Settlement Procedures Act (RESPA) is in need of reform and modernization to better reflect “today’s highly-regulated mortgage market.” Dec. 22, 2024, will mark the 50th anniversary of RESPA being signed into law by President Gerald Ford.

Technology 409

Technology Mortgages Lending Development 409

Inman

OCTOBER 24, 2024

Inman Connect New York is your chance to supercharge your business and network with real estate's best. While you're there, don’t miss these seven world-famous NYC attractions, like Times Square and Central Park, all just steps from the Hilton Midtown.

147

147

Housing Wire

OCTOBER 24, 2024

Alliant National Title Insurance Co. has entered into an agreement to be acquired by Florida -based builder Dream Finders Homes , according to an announcement on Thursday. The financial terms of the deal, which is subject to regulatory approval, were not disclosed. “This is a strategic acquisition for DFH and allows us to further vertically integrate alongside our existing title insurance agency business while facilitating growth in the title insurance marketplace,” Patrick Zalupski, the chairma

Title 407

Title Investor Technology Development 407

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 24, 2024

The company is opening its first franchise in the Central American country amid an ongoing push to expand in new global locations.

Brokerage 164

Brokerage Industrial Marketing 164

Housing Wire

OCTOBER 24, 2024

Compass has made two big additions in Austin and St. Louis. The Weiss Group in Austin is returning after a stint with The Agency , bringing its six-agent team and $75 million in 2023 sales back to Compass. In St. Louis, the 10-agent Monschein Team is leaving Berkshire Hathaway HomeServices. In respective statements, both groups cited Compass’s technology as a key motivator for their moves.

Brokerage 401

Brokerage Technology Agents Industrial 401

Inman

OCTOBER 24, 2024

Find out how this New York City team has made a name for itself in new development by trusting the market to speak for itself.

Development 169

Development Marketing 169

Housing Wire

OCTOBER 24, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate referrals are the lifeblood of most top producers’ businesses. This is evident when you ask any highly successful agent where they find their clients. Inevitably, their answer will be “my past clients and sphere.

Agents 399

Agents Closing As-is Industrial 399

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 24, 2024

This veteran real estate broker with a background in law and luxury is growing The Agency's brand in Massachusetts.

Branding 157

Branding Brokerage 157

Housing Wire

OCTOBER 24, 2024

Remote online notarization firm Proof (formerly known as Notarize ) is stepping out of the notarization arena and into the wider realm of identity verification. On Thursday, Proof announced the launch of Verify, which it describes as “a live face-to-face experience that delivers high-level assurance with identity verification performed in the presence of an agent.

Agents 364

Agents As-is Title Technology 364

Inman

OCTOBER 24, 2024

Clear Cooperation is at the center of one of the most pressing debates in real estate today. Should it evolve or be eliminated entirely? At Inman Connect New York, industry leaders James Dwiggins and Mauricio Umansky will go head-to-head to tackle this critical issue.

Industrial 120

Industrial 120

RIS Media

OCTOBER 24, 2024

Since inception, the MLS was defined as participating in cooperation and the offer of compensation between brokers. The second half of compensation has been carved away for now. What we have left is cooperation. In my business, I see how cooperation helps consumers daily. There’s an opportunity for MLSs to help seller financing for repairs… The post Is Clear Cooperation Really Helping the Broker and the Seller Today?

MLS 122

MLS Finance As-is Industrial 122

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