Housing Wire

APRIL 29, 2024

Small-balance commercial lender Stronghill Capital shut down its nascent consumer and correspondent lending businesses late last week. The Austin, Texas-based lender will continue offering small-balance commercial and business purpose debt service coverage ratio (DSCR) loans to its clients, CEO John Eisinger told HousingWire Monday morning. He cited a difficult market and elevated rates as reasons for shutting down correspondent and consumer lending businesses , which were added in 2022.

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Lending Commercial Residential Loans 401

Real Estate News

APRIL 29, 2024

The brokerage becomes the ninth real estate entity to strike a deal with home sellers, with an initial damages payment of nearly $8 million.

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Brokerage 219

Housing Wire

APRIL 24, 2024

Two former New Jersey -based mortgage loan originators have been charged with conspiracy to commit bank fraud by the U.S. Attorney’s Office, District of New Jersey according to an announcement by the U.S. Department of Justice (DOJ) and U.S. Attorney Philip Sellinger. Christopher Gallo has been noted as a top-producing loan originator, at one point being Scotsman Guide ‘s fourth-ranked LO in the country.

Mortgages 536

Mortgages Loans Banks Finance 536

Real Estate News

APRIL 25, 2024

In a conversation with Real Estate News, Dr. Courtney Johnson Rose of NAREB discussed the pros and cons of the recent settlement and upcoming rule changes.

Agents 263

Agents 263

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Keeping Current Matters

APRIL 24, 2024

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

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Marketing 236

Inman

APRIL 29, 2024

As the commission landscape changes, Side's Hilary Saunders writes, it's time for agents, teams and brokerages to look at the ways this will improve the industry's reputation.

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Agents Brokerage Industrial MLS 156

Housing Wire

APRIL 27, 2024

Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data should grow between 11,000-17,000 per week. Last year, we never hit that target. We have now seen it for two weeks as inventory grew by 13,247. Weekly housing inventory data We’ve now had back-to-back weeks of healthy housing inventory growth and spring 2024 is much healthier than spring 2023

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Marketing Mortgages As-is 471

Real Estate News

APRIL 26, 2024

The last defendant standing in the Sitzer/Burnett case reaches a whopping settlement that will protect its 70,000 agents plus brands and franchises.

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Branding Agents 255

Keeping Current Matters

APRIL 25, 2024

Ever thought about living in the same house with your grandparents, parents, or other loved ones?

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Inman

APRIL 26, 2024

HomeServices was potentially on the hook for the remaining $4.7 billion in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded plaintiffs $5.3 billion.

Brokerage 176

Brokerage Agents 176

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

HomeLight

APRIL 29, 2024

Do you need to sell your Chelsea quickly? “We Buy Houses” companies in Chelsea could be the answer you need. These companies will purchase your property for cash, often in a matter of days. This is ideal for homes that might need some repairs or for homeowners that need to unload their property quickly. When you’re facing unexpected financial challenges, relocating for a job, or suddenly handling a family estate, a quick cash offer can be a welcome alternative to the lengthy pr

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Purchase and sale agreement Closing Sales As-is 106

Keeping Current Matters

APRIL 23, 2024

If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind.

Mortgages 244

Mortgages 244

Inman

APRIL 29, 2024

Many baby boomers are interested in rental markets close to home, multifamily expert Michael Zaransky writes, especially when they offer features that enhance their lifestyles and options.

Marketing 146

Marketing Closing Investor Agents 146

Maximum Exposure Real Estate

APRIL 29, 2024

Are you wondering what a buyer’s agent is and why you should have one? You are probably thinking, do I need a buyer’s agent? Many consumers wonder why they should have a representative when purchasing a home. They wonder whether there will be any value. From my years of experience as a Realtor, I know […] The post Buyer’s Agent: What Do They Do and How Much Are The Fees appeared first on Maximum Real Estate Exposure.

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Agents As-is 104

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Sales

Housing Wire

APRIL 26, 2024

HomeServices of America , the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case , has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation across America. The New York Times first reported the story. The deal comes just days after the federal judge overseeing the commission case in Missouri approved a preliminary settlement that will see the National Association of Realtors and multiple other residential brokerages

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Brokerage MLS Agents Branding 433

Real Estate News

APRIL 24, 2024

At the T3 Leadership Summit, Rich Barton discussed what’s in store for Zillow and the industry — and encouraged the audience to “resist the urge to chaos.

Industrial 253

Industrial 253

Keeping Current Matters

APRIL 29, 2024

Thinking about selling your house?

Mortgages 241

Mortgages 241

Inman

APRIL 24, 2024

Buyers and sellers are confused about the new rules of the road. Trainer Bernice Ross and Jeff Lobb discuss how agents can change up the conversation and add clarity and confidence.

Brokerage 176

Brokerage Agents MLS 176

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

RIS Media

APRIL 25, 2024

A property lien is not just a term but a significant factor that can influence the outcome of home sales. Essentially, a lien is a legal claim or right against a property instituted by a creditor to secure debts or obligations owed by the homeowner. Its presence is a critical aspect that both buyers and… The post The Impact of Liens on Real Estate Sales appeared first on RISMedia.

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Sales Title Industrial Mortgages 123

Housing Wire

APRIL 29, 2024

California-based mortgage tech firm Blend Labs , which has pursued non-GAAP profitability since it went public in 2021 , announced a $150 million investment on Monday from private equity firm Haveli Investments. Blend will use $145 million of the proceeds to repay existing credit agreements. The remainder is for general corporate purposes, the company said in a prepared statement.

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Equity Technology Mortgages Closing 362

Real Estate News

APRIL 29, 2024

As his namesake firm celebrates 50 years, Bill Raveis says the key to surviving rough cycles is to look for opportunities and “figure it out.

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As-is 214

Propmodo

APRIL 28, 2024

Since 2000, close to 20 percent of neighborhoods in the U.S. with lower incomes and home values have experienced gentrification. In many of the country’s largest cities, like New York City and Philadelphia, neighborhoods that were once affordable became increasingly unaffordable as development and an influx of new residents sent property values soaring.

Development 107

Development Land Lending Finance 107

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

Inman

APRIL 23, 2024

Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were "fair, reasonable and adequate" and set a final approval hearing for November.

Brokerage 193

Brokerage Agents 193

HomeLight

APRIL 29, 2024

If your house is outdated or needs repairs, competing with all the new construction homes on the market can feel like a daunting prospect. Selling to a “We Buy Houses” company in Columbia, TN, allows you to skip the home improvements, professional staging, and weekend open houses, and close the sale in a matter of days or weeks rather than months. These companies make all-cash offers on homes in any condition or facing any situation.

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New Construction Closing Staging Construction 100

Housing Wire

APRIL 29, 2024

The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month. The action is designed to inform consumers about the potential pros and cons of taking out these loans, according to an announcement issued by Attorney General Dana Nessel’s office on Monday. “A reverse mortgage is a type of home equity loan extended, in most cases, to those who are 62 years of age or older,” the announcement stated.

Mortgages 359

Mortgages Equity Loans Closing 359

Real Estate News

APRIL 27, 2024

E&V opens in Philly; BHGRE adds N. Dakota indie, secures renewal from top firm; @properties grows in Texas; Christie's enters Albania; EXIT adds 7 markets.

Brokerage 223

Brokerage Marketing 223

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Agents

BubbleInfo

APRIL 29, 2024

In the last week, there were 67 new listings between La Jolla and Carlsbad – the highest weekly count in 2024 and only the second time over sixty this year. But the appearance in the graph above was muted because there were 36 new pendings, and 42 closings – which is good flow! There have […] The post Inventory Watch first appeared on bubbleinfo.com.

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Closing 98

Inman

APRIL 26, 2024

Redfin CEO Glenn Kelman said rising rates and home prices are crushing consumer sentiment. However, rising inventory and a year-end interest rate cut will be key to restoring it.

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Mortgages Marketing 147

Marco Santarelli

APRIL 27, 2024

US Stocks: Reason for Optimism? While the future is always uncertain, there are signs pointing towards a positive direction for the US stock market in April 2024. Analysts are cautiously optimistic, citing several key indicators that suggest a potential upswing. The S&P 500, a benchmark index for the US stock market, has shown remarkable resilience and growth.

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Marketing Investor Banks Development 109

Housing Wire

APRIL 29, 2024

Douglas Elliman has joined the growing list of brokerages that have settled the commission lawsuits. In an 8K filed with the Securities and Exchange Commission (SEC) on Friday, the firm announced that it had reached a nationwide settlement agreement with the Gibson lawsuit plaintiffs. According to the filing and an accompanying press release, the settlement covers Douglas Elliman and all of its subsidiaries.

Brokerage 352

Brokerage MLS Agents Branding 352

Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group

Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.

Sales