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Tight credit, high rates and low inventory add to buyers’ affordability struggles 

Housing Wire

In a sense, the gridlocked housing market has been feeding on itself,” Andy Walden , VP of enterprise research strategy at Black Knight, said. And, the 0.46% seasonally adjusted rise in home prices in April was near the 30-year average of 0.48% for the month, which would reflect a 5.5% It now takes 34.2%

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Opinion: To redress racial bias in mortgage underwriting, scrap the credit score

Housing Wire

Institutions that feed their lending algorithm data that encodes structural racism should not be surprised when the ending algorithm results in a disparate impact. But the results tell a different story. If a lender has a supposedly neutral policy that results in them denying loans to people of a protected class (i.e., credit histories.

Mortgages 403
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Recruiters turn to AI in their quest to lure top agents

Housing Wire

Sales managers often struggle to source enough quality agents to feed the top of their funnel. They might have a hard time crafting a system that produces consistently strong hires, according to Mark Johnson, managing partner at Recruiting Insight. Agents are the lifeblood of real estate brokerages.

Agents 369
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Spring Cleaning for Your Real Estate Website

The Residential Specialist

A clean, user-friendly website reflects professionalism and establishes trust and credibility. Update your visuals Spring is synonymous with renewal and growth, and your website’s visuals should reflect this. Refresh content and listings Take time to review and update the content on your website.

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Cracking the code on marketing to the Realtor channel

Housing Wire

Agents and brokers are anxious about this, and no one sees it changing any time soon. There are too many mouths to feed from a shrinking table. As lenders adapt to a purchase-centered market , HousingWire spoke to Brian Boero, CEO of 1000watt , about opportunities to grow lenders’ effectiveness in the Realtor and broker market.

Marketing 368
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$1 million conforming loan limit reignites affordability debate

Housing Wire

The conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac will pass the $1 million mark for the first time in 2023, reigniting a debate about the government’s role in the mortgage market and its persistent affordability challenges. nonbank lenders are wasting no time. nonbank lenders are wasting no time.

Loans 280
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7 Frequently Asked Questions About Moving With Animals

Realty Biz

We want what is best for them at all times. The advice can be incredibly precious to first-time home sellers without experience. This includes feeding them and ensuring they have access to their favorite toys or blankets. Our pets are like family members. Moving is no exception. Let's dig in. How Do You Prepare Pets For a Move?

Design 109