Housing Wire

DECEMBER 18, 2024

They say housing leads the economy in and out of a recession. Currently, housing starts are back at the levels seen during the COVID-19 recession in 2020. Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. Several factors have been keeping labor steady, such as working through a backlog of orders and long turnaround times to complete projects.

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Construction Residential Sales Mortgages 511

Real Estate News

DECEMBER 18, 2024

Look for just two cuts next year half the number previously forecast as the Federal Reserve predicts inflation will remain high.

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247

Housing Wire

DECEMBER 18, 2024

The fallout from Fed day got out of hand very quickly. The market reacted badly to the FOMC statement and remarks by Federal Reserve Chairman Powell during the Q&A presser, sending the 10-year yield and mortgage rates higher. Also, the Dow was down over 1,000 points today. So what gives? Market players were already talking about how the Fed would dial back rate cuts in 2025, but Powell didnt sound sure of himself in that press event and left an opening to create tighter financial conditions.

Mortgages 448

Mortgages Marketing As-is 448

Keeping Current Matters

DECEMBER 18, 2024

Waiting for perfect market conditions often means missing out.

Marketing 229

Marketing 229

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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.

Development

Housing Wire

DECEMBER 18, 2024

Mortgage applications declined 0.7% on a seasonally adjusted basis during the week ending Dec. 13, driven by slight decline in refinance activity, according to data released Wednesday by the Mortgage Bankers Association (MBA). The decline in applications broke a five-week streak of increases in mortgage demand. Rising mortgage rates last week were a likely factor that deterred potential borrowers from refinancing.

VA loan 395

VA loan Mortgages FHA loan Loans 395

Real Estate News

DECEMBER 18, 2024

Outdated rules have allowed solicitors to bombard borrowers with unwanted calls or texts. While lenders arent to blame, consumers may hold them responsible.

Industrial 212

Industrial Mortgages 212

Real Estate News

DECEMBER 18, 2024

The platform will connect advertisers with RE/MAX consumers at key moments, providing a new revenue stream as the brand works to improve its bottom line.

Branding 208

Branding 208

Housing Wire

DECEMBER 18, 2024

Dallas -based brokerage United Real Estate is expanding its footprint in the Midwest with a new merger. This week, Kansas City -based United affiliate partner Platinum Realty will merge its operations with SunWest Real Estate Advisors. The financial terms of the merger were not disclosed. Platinum brings a 2,500-agent team with a presence in markets across Kansas, Oklahoma, Iowa and Missouri.

Brokerage 397

Brokerage Principal Branding Agents 397

Real Estate News

DECEMBER 18, 2024

The Real Estate Board of New York told a federal court that rules limiting how agents are paid will make it harder for renters to find apartments.

Agents 189

Agents 189

Housing Wire

DECEMBER 18, 2024

On Wednesdy Citi launched mortgage.com, a new platform that creates a brand-endorsed, consumer-focused channel to leverage Citi’s brand authority and encourage mortgage or refinance applications for the bank. The company has an aggressive marketing goal to reach the No. 1 spot in organic home-buying search within six months, which is why Citi used its partnership with Razorfish , a Publicis Group company, to amplify its search engine optimization efforts, scalability and reachability.

Marketing 417

Marketing Lending Branding Banks 417

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

DECEMBER 18, 2024

Bond market investors are focused on the latest "dot plot," indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025.

Mortgages 163

Mortgages Investor Marketing 163

Housing Wire

DECEMBER 18, 2024

CreditXpert , a leading mortgage technology company, announced on Wednesday the launch date for its new credit optimization platform. The company will replace its What-if Simulator and Wayfinder tools with the new platform on Dec. 31. CreditXpert seeks to take a different approach when addressing homebuyer credit profiles. Instead of focusing on credit repair, the company takes it a step further with credit optimization, which benefits more applicants on a shorter timeline with improved predicta

Loan Officer 397

Loan Officer Loans Mortgages Technology 397

Inman

DECEMBER 18, 2024

In an era of increased industry consolidation, independence still matters, Steve Baird, president and CEO of Baird & Warner Real Estate, writes.

Industrial 154

Industrial Brokerage 154

Housing Wire

DECEMBER 18, 2024

In a widely anticipated move, the Federal Reserve on Wednesday lowered its benchmark interest rate by 25 basis points (bps), bringing the target range to 4.25% to 4.5%. This marks the third consecutive reduction by the Fed following a 50-bps cut in September and a 25-bps cut in November , cumulatively reducing rates by 100 bps this year. Going forward, however, a slower path for rate cuts is expected when compared to previous forecasts from Fed policymakers. “Recent indicators suggest that

Commercial 397

Commercial Mortgages Banks Closing 397

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Inman

DECEMBER 18, 2024

Requests for purchase loans picked up last week during a short-lived drop in rates, MBA survey shows, helped by "gradually improving inventory conditions and a more positive outlook on the economy and job market.

Mortgages 152

Mortgages Loans Marketing 152

Housing Wire

DECEMBER 18, 2024

The Senate on Tuesday approved the trigger leads bill, which limits the use of abusive digital marketing tools to reach potential borrowers. Mortgage trade groups commended the passage of the bipartisan legislation known as the Homebuyers Privacy Protection Act (S. 3502). The bill has been sent to the House of Representatives , which has two days to approve the legislation before its winter recess.

Banks 397

Banks Mortgages Loans As-is 397

Inman

DECEMBER 18, 2024

EXp Realty is closing the year with another recruiting win. Denver-based broker Kris Caldwell and his $200 million mega team, The Apollo Group, announced their move to the cloud-based brokerage on Tuesday after six years with Compass.

Brokerage 149

Brokerage Closing Industrial 149

Housing Wire

DECEMBER 18, 2024

A new real estate platform launching this month is offering homebuyers a glimpse into neighborhoods beyond the standard Zillow listing. Oyssey , a tech startup founded in 2022, is leveraging social data including age, education and income demographics as a means of understanding homebuyers beyond their standard housing preferences. The platform is soft launching this month in New York and Florida for real estate agents, teams, brokerages and MLSs to peek into potential neighborhoods and explor

Brokerage 397

Brokerage Commercial Agents Industrial 397

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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

DECEMBER 18, 2024

Being different is a commitment to authenticity, perseverance and purpose, broker-owner Nick Schlekeway writes.

Agents 149

Agents 149

Housing Wire

DECEMBER 18, 2024

Want to learn how to get a real estate license in New York? In this article, well cover the five simple steps you’ll need to follow and recommend the best courses to complete the 77-hour course that New York State requires. Discover the steps, tips, and essential information youll need to get your real estate license in New York, including how to qualify and apply for the licensing exam and how much time and money you can expect to invest to launch your new career in the Empire State.

Brokerage 397

Brokerage Agents As-is Commercial 397

Inman

DECEMBER 18, 2024

Which two top stories of 2024 will advance to the finals? Inman readers cast their votes today to weigh in on the most consequential stories of the year.

Brokerage 148

Brokerage Agents 148

Housing Wire

DECEMBER 18, 2024

Intercontinental Exchange Inc. will spend at least $173 million to locate the headquarters of its mortgage technology division in Jacksonville, Florida. The company and Jacksonville economic development officials announced the expansion on Tuesday. It was confirmed by the City of Jacksonville on LinkedIn the same day. The post explained that ICE is “starting off with 1,500 jobs and will grow by another 500 jobs from multiple divisions over the next seven years along with a capital investm

Technology 397

Technology Mortgages Development Industrial 397

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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

DECEMBER 18, 2024

New year, new you, they say. As 2025 approaches, were wondering about your goals and resolutions. Let us know what youre aiming for in this one-question anonymous survey.

Agents 143

Agents 143

Housing Wire

DECEMBER 18, 2024

Great leadership isnt about being the smartest person in the room or having all the answers its about creating an environment where people feel valued, inspired, and empowered to do their best work. Gratitude is one of the most powerful tools a leader can use to build that environment. It costs nothing but has the potential to transform your team, your culture, and your results.

Loan Officer 397

Loan Officer Loans As-is Development 397

Inman

DECEMBER 18, 2024

The Los Angeles mansion where late actress Brittany Murphy and her husband Simon Monjack died has long been the source of fascination and speculation. Now, the property is back on the market for $18 million, according to a Realtor.com report.

Marketing 138

Marketing Renovation 138

Housing Wire

DECEMBER 18, 2024

The Consumer Financial Protection Bureau (CFPB) this week released a new report finding that mortgage companies often create obstacles for homeowners, leading to what it calls a customer service doom loop if a death or divorce impacts the original borrower of a mortgage loan. Many homeowners report that their servicers push them to take on new, higher-interest loans instead of keeping their existing mortgage, the CFPB said of the reports findings.

Mortgages 396

Mortgages Investor Loans Development 396

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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

HomeLight

DECEMBER 18, 2024

Homeowners in Huntsville have enjoyed strong appreciation rates, with home values growing as much as 53% in the past five years. However, high interest rates and elevated home prices have slowed buyer activity and reduced offer prices. To retain proceeds, some sellers are researching how to sell a house by owner in Huntsville. Selling for sale by owner (FSBO) to save on Realtor fees is not a popular strategy.

Agents 98

Agents Sales As-is Marketing 98

Housing Wire

DECEMBER 18, 2024

Government-owned company Ginnie Mae , which oversees the secondary mortgage market and provides a guarantee for a large segment of home loans, released a fiscal year 2024 financial report this week that shows positive results. During FY24, Ginnie Maes mortgage-backed securities (MBS) program supported 1.2 million households nationwide including servicemembers, veterans, and first-time homebuyers from urban centers to rural and Tribal communities, the company said in its announcement of the rep

Mortgages 396

Mortgages Development Equity Finance 396

RIS Media

DECEMBER 18, 2024

In todays post-compensation world, data share has emerged as the supposed solution to many problems. The idea sounds straightforward: two or more entities, long separated by a line in the sand, will now come together to collaborate. But is it really that simple? Not exactly. While the idea sounds great on paper, theres an undercurrent… The post Beyond the Hype: The Risks of Data Share appeared first on RISMedia.

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As-is MLS Technology Industrial 114

Housing Wire

DECEMBER 18, 2024

Ginnie Mae this week released its fiscal year 2024 financial report , which describes how the company has aimed to provide liquidity to the mortgage industry, accessibility to affordable housing and value to U.S. taxpayers. As housing advocates continue to call for the company to receive full funding from Congress , the company also highlighted the work it has done this year for the reverse mortgage industry.

Mortgages 396

Mortgages Industrial Equity Finance 396

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